NYSE$RPC

Ridgepost Capital Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Generated record quarterly revenue and made demonstrable progress on strategic growth plan.

P10, Inc. reported record quarterly revenue of $74.2 million, a 26% increase year over year. The company's investment strategies achieved a record $1.4 billion in gross new fee-paying AUM. They also announced their first strategic acquisition in over two years with Qualitas Funds.

  • Revenue was $74.2 million, a 26% increase year over year.
  • Fee-Related Revenue was $72.9 million, a 26% increase year over year.
  • Fee-Paying Assets Under Management were $24.9 billion, a 10% increase year over year.
  • GAAP Net Income was $1.3 million, compared to $(8.8) million in the prior year.

Headline financials

Total Revenue

$74.2M

Previous: $58.9M+26.0%
EPS

$0.01

Previous: $0.20-95.0%
Fee-Paying AUM

$24.9B

Previous: $22.6B+10.0%
Fee-Related Earnings

$35.1M

Previous: $29.5M+19.0%
Adjusted Net Income

$30.8M

Previous: $24.3M+26.7%
Fully Diluted ANI per share

$0.26

Previous: $0.20+30.0%
Capital Expenditures

-$3.44M

Previous: -$1.03M-235.6%
Free Cash Flow

-$2.03M

Previous: -$9.44M+78.5%
Net Income

$1.41M

Previous: -$8.42M+116.7%
Operating Income

$8.83M

Previous: $383K+2204.4%
Cash & Equivalents

$61.5M

Previous: $20M+206.6%
Total Assets

$857M

Previous: $815M+5.2%
Stock-Based Comp

$9.65M

Previous: $3.44M+180.8%

Revenue & EPS history

P10 · Revenue · Quarterly

$74.2M

Q3 2024+26%vs Q3 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

P10 entered into an agreement to acquire Qualitas Funds for an initial purchase price of $63 million with the potential for additional earnout consideration. The transaction is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.3%

Avg return

Earnings day

-0.3%

Avg return

5 days after

-3.2%

Avg return

30 days after

57%

13 / 23 earnings

Positive

+10.6%

Q3 2021

Best reaction

-19.7%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.8%-1.1%-5.2%
Q4 2025-19.7%-19.3%-31.9%
Q3 2025+1.6%-2.2%-5.3%
Q1 2025+3.1%+4.8%-13.5%
Q4 2024-3.9%-6.2%-14.7%
Q3 2024+2.2%+5.7%+15.8%
Q2 2024+8.3%+14.4%+16.2%
Q1 2024+6.6%+8.9%+6.2%
Q4 2023-8.5%-14.1%-7.5%
Q3 2023-5.9%-4.9%-1.6%
Q2 2023+7.8%+5.5%-1.6%
Q1 2023+6.5%+6.3%+14.4%
Q4 2022-3.5%-10.8%-11.1%
Q3 2022+5.8%+2.9%+5.7%
Q2 2022+8.3%+5.8%-3.9%
Q1 2022+3.1%+5.1%-2.8%
Q4 2019+3.2%+4.2%+1.9%
Q4 2021-1.1%-2.8%-2.6%
Q1 2021-5.2%-4.9%-11.0%
Q4 2020-5.2%-4.9%-11.0%
Q3 2020-5.2%-4.9%-11.0%
Q2 2021-5.2%-4.9%-11.0%
Q3 2021+10.6%+10.4%+10.9%
Q2 2020
Q1 2020
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
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Q1 2017
Q4 2016
Q3 2016
Q2 2016
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Q4 2015
Q3 2015
Q2 2015
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Q4 2014
Q3 2014
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Q4 2013
Q3 2013
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Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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