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Dec 31, 2020
WisdomTree Investments Inc Q4 2020 Earnings Report
WisdomTree Investments Inc. reported a diluted loss per share of ($0.10), or earnings per share of $0.06, as adjusted.
Key Takeaways
WisdomTree Investments, Inc. reported a net loss of $13.5 million for Q4 2020, or net income of $9.21 million as adjusted. The company's AUM ended the quarter at $67.4 billion, an 11.0% increase due to market appreciation and net inflows. Operating revenues increased by 3.7% to $67.1 million, primarily due to higher average AUM.
Ending AUM increased 11.0% to $67.4 billion.
Net inflows totaled $881 million, driven by emerging markets and U.S. equity products.
Operating revenues increased 3.7% to $67.1 million.
Declared a quarterly dividend of $0.03 per share.
Forward Guidance
WisdomTree is focused on digital assets initiatives and aims to launch new products later in the year. They have adapted to remote working, identified new efficiencies, and are well-positioned for growth with their dividend strategies, leadership in gold and commodities, crypto ETP offering, and ESG offerings.
Positive Outlook
- Leading European-listed Bitcoin ETP approaching an inflection point.
- Building a profitable, fast-growing and complementary UCITS platform.
- Achievement of true diversification, powered by a leadership position in gold.
- Remote working has transformed the operating model, adding scalability.
- Strong growth and momentum continuing into 2021 with a strong growth plan.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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