Surpasses $100 Billion in Total AUM
520bps of Operating Margin Expansion vs. the Prior Year
Diluted Earnings Per Share of $0.16 ($0.11, as Adjusted)
13% Annualized Organic Growth Rate Across All Products
NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the fourth quarter of 2023.
$19.1 million net income ($18.6(1) million net income, as adjusted), see “Non-GAAP Financial Measurements” for additional information.
$100.1 billion of ending AUM, an increase of 6.8% arising primarily from market appreciation.
$0.3 billion of net outflows, primarily driven by outflows from our fixed income and commodity products, partly offset by inflows into our U.S. equity and emerging markets products.
0.36% average advisory fee, unchanged from the prior quarter.
$90.8 million of operating revenues, essentially unchanged from the prior quarter.
79.7% gross margin(1), a 0.4 point decrease from the prior quarter due to
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