For the quarter ending 2025-09-30, VRTS had $218,907K increase in cash & cash equivalents over the period. $106,863K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 31,341 | 70,795 |
| Depreciation expense, intangible asset and other amortization | 16,184 | 31,896 |
| Stock-based compensation | 5,688 | 13,543 |
| Equity in earnings of equity method investments | 571 | 2,127 |
| Distributions from equity method investments | 147 | 3,492 |
| Realized and unrealized (gains) losses on investments of cip, net-Consolidated Entity Excluding Variable Interest Entities VIEand Voting Interest Entities VOE | 2,251 | 2,987 |
| Change in fair value of contingent consideration | 0 | -3,014 |
| Lease termination | 0 | 0 |
| Deferred taxes, net | 3,067 | 3,434 |
| Sales (purchases) of investments, net | -25,693 | 3,834 |
| Accounts receivable, net and other assets | -4,736 | -9,460 |
| Accrued compensation and benefits, accounts payable, accrued liabilities and other liabilities | 42,181 | -103,610 |
| Realized and unrealized (gains) losses on investments of cip, net-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | -13,028 | -6,903 |
| Purchases of investments by cip-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 261,039 | 538,448 |
| Sales of investments by cip-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 279,826 | 581,278 |
| Net proceeds (purchases) of short-term investments and securities sold short by cip-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 8 | -120 |
| Change in other assets and liabilities of cip-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | -1,623 | 2,359 |
| Amortization of discount on notes payable of cip-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 0 | 0 |
| Net cash provided by (used in) operating activities | 108,275 | 71,970 |
| Capital expenditures | 1,412 | 4,534 |
| Change in cash and cash equivalents of cip due to consolidation (deconsolidation), net-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 0 | 522 |
| Net cash provided by (used in) investing activities | -1,412 | -4,012 |
| Repayments on credit agreement | 37,879 | 1,375 |
| Refinancing of credit agreement | -201,191 | - |
| Payment of deferred financing costs | 7,132 | - |
| Common stock dividends paid | 15,359 | 32,967 |
| Repurchase of common shares | 0 | 50,000 |
| Payment of contingent consideration | 0 | 23,140 |
| Taxes paid related to net share settlement of restricted stock units | 674 | 6,965 |
| Investment management subsidiary equity sales (purchases) | 14,796 | 1,053 |
| Net contributions from (distributions to) noncontrolling interests | -5,801 | 15,300 |
| Payments on borrowings by cip-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 7,271 | 126,325 |
| Borrowings by cip-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 0 | 0 |
| Net cash provided by (used in) financing activities | 112,279 | -226,525 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -235 | 1,594 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 218,907 | -156,973 |
| Cash and cash equivalents at beginning of period | 400,309 | - |
| Cash and cash equivalents at end of period | 462,243 | - |
VIRTUS INVESTMENT PARTNERS, INC. (VRTS)
VIRTUS INVESTMENT PARTNERS, INC. (VRTS)