•
Mar 31, 2022
Bridge Q1 2022 Earnings Report
Reported best first quarter in company history driven by increasing allocation to alternative investments and robust capital raising activities.
Key Takeaways
Bridge Investment Group Holdings Inc. reported strong first quarter 2022 results, with significant increases in total revenue, investment income, and net income compared to the same period last year. The company's strategic focus on specialized real estate sectors and value-add opportunities contributed to its success.
Total revenue increased by 78% year-over-year, reaching $104.1 million.
Net income increased by 140% year-over-year, reaching $97.5 million.
Fee-earning AUM increased by 43% year-over-year, reaching $14.7 billion.
Capital raised totaled $1.1 billion, representing a 530% increase year-over-year.
Bridge
Bridge
Bridge Revenue by Segment
Forward Guidance
Company did not provide specific forward guidance in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income