Associated Capital Group ( (AC) ) has released its Q1 earnings. Here is a breakdown of the information Associated Capital Group presented to its investors.
Associated Capital Group, Inc. is a Delaware-based corporation specializing in alternative investment management and proprietary investments, primarily operating in the financial services sector through its subsidiaries Gabelli & Company Investment Advisers, Inc. and Gabelli & Partners, LLC. The company recently released its earnings report for the first quarter of 2025, highlighting a decline in net income and revenue compared to the same period last year. Key financial metrics revealed a decrease in investment advisory and incentive fees, with total revenues falling from $3,011,000 in Q1 2024 to $2,129,000 in Q1 2025. Despite the decline in operating income, the company reported a net gain from investments of $10,892,000, contributing to a net income of $7,669,000 for the quarter. Looking ahead, Associated Capital Group remains focused on leveraging its proprietary capital for strategic investments and maintaining its position in the alternative investment management market.