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Sep 30, 2023

StepStone Q2 2024 Earnings Report

Reported second quarter fiscal year 2024 results.

Key Takeaways

StepStone Group reported results for the quarter ended September 30, 2023. StepStone was responsible for approximately $659 billion of total capital, including $146 billion of assets under management.

Declared a quarterly cash dividend of $0.21 per share of Class A common stock.

Total capital responsibility reached $659 billion.

Assets Under Management reached $146 billion.

Assets Under Advisement reached $513 billion.

Total Revenue
$150M
Previous year: $151M
-0.6%
EPS
$0.26
Previous year: $0.33
-21.2%
Assets Under Management
$146B
Previous year: $135B
+8.0%
Fee-Earning AUM
$87.3B
Gross Profit
$98.7M
Previous year: -$297M
-133.2%
Cash and Equivalents
$117M
Previous year: $144M
-18.2%
Free Cash Flow
$87.4M
Previous year: $86.5M
+1.0%
Total Assets
$3.61B
Previous year: $3.58B
+0.9%

StepStone

StepStone

StepStone Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the press release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income