NASDAQ$WT

WisdomTree Investments Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

WisdomTree Investments Inc. reported mixed results for Q4 2021, with increased operating revenues and AUM, but a decrease in operating income margin. The company unveiled WisdomTree Prime, a new financial services mobile app.

WisdomTree Investments Inc. reported a net income of $11.2 million for Q4 2021, with diluted earnings per share of $0.07 ($0.10, as adjusted). Operating revenues increased by 1.4% to $79.2 million, driven by higher average AUM. The company's ending AUM reached $77.5 billion, a 6.5% increase due to market appreciation and net inflows.

  • Net income for Q4 2021 was $11.2 million, or $0.07 per diluted share ($0.10, as adjusted).
  • Ending AUM was $77.5 billion, up 6.5% from the previous quarter.
  • Net inflows were $1.9 billion, driven by fixed income, U.S. equity, and international developed market equity products.
  • Operating revenues increased 1.4% to $79.2 million due to higher average AUM.

Headline financials

Total Revenue

$79.2M

Previous: $67.1M+18.1%
EPS (adj)

$0.10

Previous: $0.06+66.7%
Ending AUM

$77.5B

Previous: $67.4B+15.0%
Average Advisory Fee

0.4%

No prior period
Operating Income Margin

28.5%

Previous: 19.2%+48.4%
Gross Margin

80.5%

Previous: 75.6%+6.5%
Capital Expenditures

$56K

Previous: $180K-68.9%
Free Cash Flow

$25.2M

Previous: $13.6M+84.3%
Net Income

$11.2M

Previous: -$13.5M+182.9%
Operating Income

$22.6M

Previous: $12.9M+74.8%
Gross Profit

$63.8M

Previous: $50.7M+25.7%
Cash & Equivalents

$141M

Previous: $73.4M+91.6%
Total Assets

$1.04B

Previous: $897M+15.7%
Stock-Based Comp

$2.34M

Previous: $2.7M-13.5%

Revenue & EPS history

WisdomTree Investments Inc · Revenue · Quarterly

$79.2M

Q4 2021+18.1%vs Q4 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

WisdomTree Investments Inc · $70.6M total across 1 segment · Q3 2022

  • Advisory Fees
    $70.6M-7.6%

Forward guidance

WisdomTree is focused on strengthening and evolving its business, capitalizing on existing momentum, and adding additional fuel for future growth.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.9%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+0.9%

Avg return

30 days after

44%

17 / 39 earnings

Positive

+9.0%

Q3 2018

Best reaction

-12.3%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.3%+12.1%+11.5%
Q4 2025-2.1%-1.9%+3.4%
Q3 2025-0.8%-2.2%-10.4%
Q1 2025+4.6%+6.3%+8.1%
Q4 2024-0.3%-1.0%-7.1%
Q3 2024+0.9%-0.7%+15.6%
Q2 2024+6.4%+9.3%-6.3%
Q1 2024-1.4%+2.1%+12.8%
Q4 2023+0.7%+1.9%+18.9%
Q3 2023-5.5%-4.6%+0.5%
Q2 2023-3.3%-5.3%+0.3%
Q1 2023+1.3%+2.1%+11.0%
Q4 2022-1.4%-0.5%+0.8%
Q3 2022+0.9%-1.1%-2.4%
Q2 2022-1.7%+3.2%-4.9%
Q1 2022-4.4%-3.8%-0.7%
Q4 2021-1.8%-1.6%+1.1%
Q3 2021+4.1%+9.3%+1.5%
Q2 2021-0.6%+3.2%+2.1%
Q1 2021+1.0%+4.2%-0.3%
Q4 2020-2.6%+0.5%-3.3%
Q3 2020+1.4%+5.0%+21.7%
Q2 2020+1.4%+5.4%+9.0%
Q1 2020-5.9%-10.2%-7.7%
Q4 2019+1.2%+7.2%-2.4%
Q3 2019+8.2%+6.4%+0.8%
Q2 2019+0.2%-1.7%-21.2%
Q1 2019-2.6%-8.3%-19.8%
Q4 2018-10.1%-7.8%+19.3%
Q3 2018+9.0%+12.4%+7.2%
Q2 2018+1.3%-12.9%-13.1%
Q1 2018+5.4%+10.5%+14.0%
Q4 2017-7.4%-11.0%-16.5%
Q3 2017+2.5%+1.2%-1.1%
Q2 2017-2.7%-2.3%-11.7%
Q1 2017-0.2%-1.0%+13.0%
Q4 2016-12.3%-14.7%-9.7%
Q3 2016-7.5%-14.8%+12.8%
Q2 2016-10.7%-12.5%-11.0%
Q1 2016
Q4 2015
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Q2 2015
Q1 2015
Q4 2014
Q3 2014
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Q1 2014
Q4 2013
Q3 2013
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Q1 2013
Q4 2012
Q3 2012
Q1 2012
Q4 2011
Q4 2009
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Q3 2010
Q4 2010
Q2 2010
Q3 2011

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