Dec 31, 2021

Silvercrest Q4 2021 Earnings Report

Reported strong financial results with new high earnings marks, driven by discretionary AUM increase and strong markets.

Key Takeaways

Silvercrest Asset Management Group Inc. reported Q4 2021 results, featuring a revenue of $33.8 million and adjusted EBITDA of $13.0 million. Discretionary AUM increased by $2.6 billion to $25.1 billion, and total AUM concluded the quarter at $32.3 billion.

Total AUM reached $32.3 billion, including $25.1 billion in discretionary AUM and $7.2 billion in non-discretionary AUM.

Revenue amounted to $33.8 million.

GAAP consolidated net income and net income attributable to Silvercrest were $8.6 million and $5.1 million, respectively.

Adjusted EBITDA was $13.0 million.

Total Revenue
$33.8M
Previous year: $28.4M
+19.0%
EPS
$0.58
Previous year: $0.31
+87.1%
Adjusted EBITDA
$13M
Previous year: $7.3M
+78.3%
Adjusted EBITDA Margin
38.5%
Previous year: 25.7%
+49.8%
Total AUM
$32.3B
Previous year: $27.8B
+16.2%
Gross Profit
$16.1M
Previous year: $10.3M
+57.2%
Cash and Equivalents
$85.7M
Previous year: $62.5M
+37.2%
Free Cash Flow
$22.4M
Previous year: $16.6M
+34.9%
Total Assets
$229M
Previous year: $214M
+7.3%

Silvercrest

Silvercrest

Forward Guidance

The company did not provide forward guidance in the earnings report.