U.S. Global Investors Past Earnings Performance

Past criteria checks 5/6

U.S. Global Investors has been growing earnings at an average annual rate of 11.5%, while the Capital Markets industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 23.1% per year. U.S. Global Investors's return on equity is 3.3%, and it has net margins of 13.9%.

Key information

11.5%

Earnings growth rate

11.7%

EPS growth rate

Capital Markets Industry Growth	10.3%
Revenue growth rate	23.1%
Return on equity	3.3%
Net Margin	13.9%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

U.S. Global Investors: JETS Ownership Is Worth 2x Its Value, And You Get The Rest For Free

Jan 20

The Delta Variant And Crypto Sell-Off Have Brought This Stock To Its Knees: I'm Buying Every Share I Can

Jul 13

A Re-Opening Global Economy Featuring JETS (Podcast Transcript)

Jun 29

U.S. Global Investors team up with HANetf

Jun 17

U.S. Global Investors reports Q1 results

May 10

GrowGeneration partners with Belushi's Farm on cannabis greenhouse

May 03

Could The U.S. Global Investors, Inc. (NASDAQ:GROW) Ownership Structure Tell Us Something Useful?

Feb 06

U.S. Global Investors reports Q4 results

Feb 04

U.S. Global Investors: Firing On All Cylinders And Trading At Less Than 4x Earnings

Jan 07

Shareholders of U.S. Global Investors (NASDAQ:GROW) Must Be Delighted With Their 368% Total Return

Dec 31

U.S. Global Investors sells 10M HIVE Blockchain shares, to reinvest in HIVE bonds

Dec 30

U.S. Global Investors continues share repurchase program and declares monthly dividend

Dec 04

Revenue & Expenses Breakdown

How U.S. Global Investors makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqCM:GROW Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	12	2	7
31 Dec 23	13	3	6
30 Sep 23	14	4	7
30 Jun 23	15	3	7
31 Mar 23	17	1	6
31 Dec 22	20	-2	7
30 Sep 22	23	3	7
30 Jun 22	25	3	7
31 Mar 22	27	10	8
31 Dec 21	27	19	7
30 Sep 21	25	32	6
30 Jun 21	22	32	6
31 Mar 21	16	29	6
31 Dec 20	11	19	5
30 Sep 20	7	1	4
30 Jun 20	4	-4	4
31 Mar 20	3	-6	3
31 Dec 19	3	-3	3
30 Sep 19	3	-6	3
30 Jun 19	3	-3	3
31 Mar 19	4	-4	3
31 Dec 18	5	-6	4
30 Sep 18	6	-2	4
30 Jun 18	6	1	4
31 Mar 18	6	0	4
31 Dec 17	7	1	4
30 Sep 17	6	0	4
30 Jun 17	7	-1	4
31 Mar 17	7	0	4
31 Dec 16	7	0	4
30 Sep 16	6	-3	4
30 Jun 16	6	-4	4
31 Mar 16	5	-5	4
31 Dec 15	5	-6	5
30 Sep 15	5	-5	4
30 Jun 15	7	-4	5
31 Mar 15	9	-2	5
31 Dec 14	10	-1	5
30 Sep 14	12	-1	7
30 Jun 14	9	-1	5
31 Mar 14	12	-1	8
31 Dec 13	14	-1	9
30 Sep 13	16	0	9

Quality Earnings: GROW has high quality earnings.

Growing Profit Margin: GROW's current net profit margins (13.9%) are higher than last year (4.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GROW has become profitable over the past 5 years, growing earnings by 11.5% per year.

Accelerating Growth: GROW's earnings growth over the past year (99.4%) exceeds its 5-year average (11.5% per year).

Earnings vs Industry: GROW earnings growth over the past year (99.4%) exceeded the Capital Markets industry 8.5%.

U.S. Global Investors Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: US$0.002 loss per share (vs US$0.11 profit in 3Q 2023)

Second quarter 2023 earnings released: EPS: US$0.058 (vs US$0.24 in 2Q 2022)

First quarter 2023 earnings released: EPS: US$0.008 (vs US$0.16 in 1Q 2022)

First quarter 2023 earnings released: EPS: US$0.008 (vs US$0.16 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.37 (vs US$2.12 in FY 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Recent updates

U.S. Global Investors (NASDAQ:GROW) Is Due To Pay A Dividend Of $0.0075

Dividend of US$0.0075 announced

U.S. Global Investors, Inc. Approves Payment of Monthly Dividend Beginning in July 2024 and Continuing Through September 2024, Payable on July 29, 2024, August 26, 2024 and September 30, 2024 Respectively

Third quarter 2024 earnings released: US$0.002 loss per share (vs US$0.11 profit in 3Q 2023)

Dividend of US$0.0075 announced

Dividend of US$0.0075 announced

Dividend of US$0.0075 announced

U.S. Global Investors, Inc. Approves Dividend for the Month Beginning in April 2024 and Continuing Through June 2024, Payable on April 22, May 20 and June 24, 2024

Insufficient new directors

U.S. Global Investors, Inc. Announces Monthly Dividend from January 2024 to March 2024, Payable on January 22, 2024, February 26, 2024 and March 25, 2024 Respectively

U.S. Global Investors Receives a Standard Notification Letter from the Nasdaq Listing Qualifications Department of Nasdaq

U.S. Global Investors, Inc. announced delayed 10-Q filing

U.S. Global Investors Receives Expected Nasdaq Notice Regarding Late Filing of Form 10-K

U.S. Global Investors Receives Expected Nasdaq Notice Regarding Late Filing of Form 10-K

U.S. Global Investors, Inc. announced delayed annual 10-K filing

U.S. Global Investors, Inc. Announces Monthly Dividend Beginning in October 2023 and Continuing Through December 2023, Payable on October 23, 2023, November 27, 2023 and December 26, 2023

U.S. Global Investors, Inc. Approves Monthly Dividend for July 2023 Through September 2023, Payable on July 24, 2023, August 28, 2023 and September 25, 2023

U.S. Global Investors, Inc. Approves Monthly Dividend for July 2023 Through September 2023, Payable on July 24, 2023, August 28, 2023 and September 25, 2023

Second quarter 2023 earnings released: EPS: US$0.058 (vs US$0.24 in 2Q 2022)

Insufficient new directors

U.S. Global Investors, Inc. announced delayed 10-Q filing

U.S. Global Investors, Inc. Announces Monthly Dividend, Payable on February 27, 2023 and March 27, 2023

U.S. Global Investors, Inc. Announces Monthly Dividend for December 16, 2022, to Continue Through March 2023, Payment Dates Are January 23, February 27 and March 27

First quarter 2023 earnings released: EPS: US$0.008 (vs US$0.16 in 1Q 2022)

Insufficient new directors

First quarter 2023 earnings released: EPS: US$0.008 (vs US$0.16 in 1Q 2022)

U.S. Global Investors, Inc. Authorizes Monthly Dividend

U.S. Global Investors, Inc. Announces Dividend for the Month of October, November and December 2022, Payable on October 31, November 28 and December 27, 2022 Respectively

U.S. Global Investors declares $0.0075 dividend

Investor sentiment deteriorated over the past week

U.S. Global Investors: A Frank Talk

Full year 2022 earnings released: EPS: US$0.37 (vs US$2.12 in FY 2021)

U.S. Global Investors GAAP EPS of $0.37, revenue of $24.71M

U.S. Global Investors, Inc. Announces Dividend, Payment Dates Will Be July 25, 2022, August 22, 2022 and September 26, 2022

U.S. Global Investors says $5.30/share takeover offer undervalues company

Echo Lake Capital and Deerhaven Capital Management, LLC made a proposal (expression of interest) to acquire U.S. Global Investors, Inc. (NasdaqCM:GROW).

U.S. Global Investors (NASDAQ:GROW) Is Due To Pay A Dividend Of US$0.0075

U.S. Global Investors, Inc. Announces Monthly Dividend, Payable on June 27, July 25, August 22 and September 26

U.S. Global Investors (NASDAQ:GROW) Has Re-Affirmed Its Dividend Of US$0.0075

U.S. Global Investors' (NASDAQ:GROW) Dividend Will Be US$0.0075

Insufficient new directors

U.S. Global Investors: Positive External Factors Combined With Its New ETF

U.S. Global Investors, Inc. Announces Monthly Dividend from January to March 2022

U.S. Global Investors, Inc. announced delayed 10-Q filing

U.S. Global Investors Launches Smart-Beta 2.0 SEA ETF on the New York Stock Exchange

U.S. Global Investors: JETS Ownership Is Worth 2x Its Value, And You Get The Rest For Free

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment improved over the past week

Insufficient new directors

The Delta Variant And Crypto Sell-Off Have Brought This Stock To Its Knees: I'm Buying Every Share I Can

A Re-Opening Global Economy Featuring JETS (Podcast Transcript)

U.S. Global Investors, Inc. Announces Launch of Europe’s First Airlines Industry ETF with Strategic Partner HaNetf

U.S. Global Investors team up with HANetf

U.S. Global Investors Announces Dividends for the Month of July, August and September 2021, Payable on July 26, 2021, August 30 2021, and September 27, 2021

Third quarter 2021 earnings released: EPS US$0.94 (vs US$0.10 loss in 3Q 2020)

U.S. Global Investors reports Q1 results

GrowGeneration partners with Belushi's Farm on cannabis greenhouse

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

U.S. Global Investors, Inc. Approves Payment Monthly Dividend, Payable on April 26, 2021, May 24, 2021 and June 28, 2021

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS US$1.11 (vs US$0.061 loss in 2Q 2020)

New 90-day high: US$6.65

Could The U.S. Global Investors, Inc. (NASDAQ:GROW) Ownership Structure Tell Us Something Useful?

U.S. Global Investors reports Q4 results

U.S. Global Investors, Inc. to Report Q2, 2021 Results on Feb 05, 2021

U.S. Global Investors: Firing On All Cylinders And Trading At Less Than 4x Earnings

Shareholders of U.S. Global Investors (NASDAQ:GROW) Must Be Delighted With Their 368% Total Return