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Victory Capital reported record financial results for the fourth quarter and full year ended December 31, 2021. The company's AUM increased by 14.9% to $183.7 billion, and revenue rose by 14.3% to $229.1 million compared to the same quarter of 2020. GAAP net income increased by 27.0% to $69.7 million, or $0.94 per diluted share.
Total Assets Under Management (AUM) reached $183.7 billion.
Long-term gross flows were $5.5 billion.
GAAP operating margin was 39.2%.
Adjusted net income with tax benefit was $1.27 per diluted share.
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