NASDAQ$SAMG

Silvercrest Asset Manageme-A · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Silvercrest reported Q4 2019 results, marked by AUM growth and strategic business development.

Silvercrest Asset Management Group Inc. reported a revenue increase of 12.1% to $27.8 million for Q4 2019. AUM reached $25.1 billion, driven by acquisitions, strong equity markets, and new client accounts. Net income attributable to Silvercrest was $2.4 million, or $0.26 per basic and diluted share. Adjusted EBITDA was $7.3 million, or 26.3% of revenue.

  • Total AUM reached $25.1 billion, including $18.8 billion in discretionary AUM.
  • Revenue increased to $27.8 million, up 12.1% from Q4 2018.
  • Net income attributable to Silvercrest was $2.4 million, with EPS of $0.26.
  • Adjusted EBITDA was $7.3 million, representing 26.3% of revenue.

Headline financials

Total Revenue

$27.8M

Previous: $24.8M+12.1%
EPS (adj)

$0.31

Previous: $0.39-20.5%
Total AUM

$25.1B

No prior period
Discretionary AUM

$18.8B

No prior period
Non-Discretionary AUM

$6.3B

No prior period
Adjusted EBITDA

$7.33M

No prior period
Adjusted EBITDA Margin

26.3%

No prior period
Capital Expenditures

$233K

Previous: $1.13M-79.3%
Free Cash Flow

$14.7M

Previous: $13M+13.0%
Net Income

$4.19M

Previous: $2.9M+44.6%
Operating Income

$4.14M

Previous: $5.24M-20.9%
Gross Profit

$10.3M

Previous: $10.6M-3.0%
Cash & Equivalents

$52.8M

Previous: $69.3M-23.7%
Total Assets

$214M

Previous: $133M+60.7%
Stock-Based Comp

$106K

Previous: $842K-87.4%

Revenue & EPS history

Silvercrest · Revenue · Quarterly

$27.8M

Q4 2019+12.1%vs Q4 2018
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Silvercrest · $31.2M total across 2 segments · Q1 2021

  • Management & Advisory
    $30.2M+10.3%
  • Family Office Services
    $1.03M+5.6%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-0.6%

Avg return

Earnings day

-1.1%

Avg return

5 days after

+0.1%

Avg return

30 days after

45%

24 / 53 earnings

Positive

+10.3%

Q4 2021

Best reaction

-10.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%-10.1%-16.5%
Q4 2025+2.6%-5.6%-3.8%
Q3 2025-0.5%-2.7%-3.8%
Q1 2025-10.1%-9.0%-7.2%
Q4 2024-1.3%-1.8%-11.4%
Q3 2024-6.6%-3.4%+4.4%
Q2 2024-9.1%-14.2%-8.6%
Q1 2024-1.8%+2.1%+3.6%
Q4 2023-6.0%-6.9%-11.6%
Q3 2023+0.3%-5.4%-9.9%
Q2 2023-4.1%-4.0%-11.6%
Q1 2023-2.1%+8.2%+12.8%
Q4 2022-1.5%-1.2%+2.9%
Q3 2022+0.1%-0.9%+6.4%
Q2 2022+3.8%+1.4%+11.5%
Q1 2022-0.4%-8.9%+1.5%
Q4 2021+10.3%+3.8%+26.8%
Q3 2021+1.2%+1.4%-2.3%
Q2 2021+4.5%+10.6%+6.6%
Q1 2021+1.5%-2.0%+18.8%
Q4 2020+3.5%+5.2%-0.1%
Q3 2020-7.8%+6.5%+19.4%
Q2 2020-1.3%+11.1%+12.8%
Q1 2020-5.1%-6.4%+5.5%
Q4 2019-6.5%-17.3%-24.4%
Q3 2019+3.7%+7.9%+5.5%
Q2 2019-5.1%-1.0%-8.8%
Q1 2019+3.1%+1.7%-8.2%
Q4 2018-5.9%-0.3%-6.7%
Q3 2018+1.2%-2.0%-2.9%
Q2 2018-2.6%-4.0%-9.2%
Q1 2018+0.0%+0.3%+3.9%
Q4 2017-3.8%-0.6%-3.4%
Q3 2017+3.1%+0.9%-4.9%
Q2 2017+0.4%+0.8%-1.6%
Q1 2017-2.3%+2.7%+3.9%
Q4 2016-5.9%-3.3%-5.9%
Q3 2016+3.2%+5.0%+17.6%
Q2 2016+0.4%-1.9%+1.9%
Q1 2016-0.4%
Q4 2015+4.9%
Q3 2015-2.8%
Q2 2015+4.8%
Q1 2015-2.6%
Q4 2014+3.2%
Q3 2014-1.9%
Q2 2014+2.6%
Q1 2013+3.8%
Q1 2014-1.8%
Q4 2013+2.2%
Q4 2012-1.5%
Q3 2013+2.6%
Q2 2013+0.6%
Q3 2012
Q2 2012
Q1 2012

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