Victory Capital reported a decrease in AUM to $154.9 billion due to negative market action, but showed resilience with an adjusted EBITDA margin exceeding 49%. The company repaid $45 million in debt and increased shareholder returns through share repurchases and dividends.
Total Assets Under Management (AUM) reached $154.9 billion.
Long-term gross flows were $9.2 billion.
Long-term net flows resulted in ($0.6) billion.
GAAP operating margin was 55.2%.
Victory Capital did not provide specific forward guidance in the earnings report. However, they mentioned that they are in various stages of diligence with multiple acquisition prospects.
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