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.
Company did not provide specific forward guidance in the earnings report.
Visualization of income flow from segment revenue to net income