VIRTUS INVESTMENT PARTNERS, INC. (VRTS)
2025-06-30 | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Revenues | 210,525 | 227,029 | 224,384 | |
| Other operating expenses | - | 30,363 | 33,050 | |
| Amortization expense | 12,944 | 12,883 | 15,198 | |
| Restructuring expense | - | - | 690 | |
| Other operating expenses-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 810 | - | - | |
| Other operating expenses-Consolidated Entity Excluding Variable Interest Entities VIEand Voting Interest Entities VOE | 32,564 | - | - | |
| Employment expenses | 98,030 | 105,555 | 105,667 | |
| Distribution and other asset-based expenses | 21,975 | 24,175 | 23,695 | |
| Depreciation expense | 2,006 | 2,330 | 2,270 | |
| Change in fair value of contingent consideration | -3,014 | -4,000 | -3,300 | |
| Total operating expenses | 165,315 | 171,771 | 180,179 | |
| Operating income (loss) | 45,210 | 55,258 | 44,205 | |
| Realized and unrealized gain (loss) on investments, net | - | 4,552 | -1,553 | |
| Other income (expense), net | 1,137 | 548 | 597 | |
| Realized and unrealized gain (loss) on investments, net-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | -5,204 | - | - | |
| Realized and unrealized gain (loss) on investments, net-Consolidated Entity Excluding Variable Interest Entities VIEand Voting Interest Entities VOE | 3,971 | - | - | |
| Total other income (expense), net | -96 | -28 | -13,892 | |
| Interest and dividend income | - | 53,541 | 55,028 | |
| Interest expense | - | 43,870 | 47,571 | |
| Interest and dividend income-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 46,037 | - | - | |
| Interest and dividend income-Consolidated Entity Excluding Variable Interest Entities VIEand Voting Interest Entities VOE | 2,054 | - | - | |
| Interest expense-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 33,477 | - | - | |
| Interest expense-Consolidated Entity Excluding Variable Interest Entities VIEand Voting Interest Entities VOE | 4,582 | - | - | |
| Total interest income (expense), net | 10,032 | 9,671 | 7,457 | |
| Income (loss) before income taxes | 55,146 | 64,901 | 37,770 | |
| Income tax expense (benefit) | 12,403 | 15,797 | 11,748 | |
| Net income (loss) | 42,743 | 49,104 | 26,022 | |
| Noncontrolling interests | 370 | 8,124 | 8,408 | |
| Net income (loss) attributable to virtus investment partners, inc | 42,373 | 40,980 | 17,614 | |
| Earnings (loss) per sharebasic (in dollars per share) | 6.18 | 5.8 | 2.47 | |
| Earnings (loss) per sharediluted (in dollars per share) | 6.12 | 5.71 | 2.43 | |
| Weighted average shares outstandingbasic (in shares) | 6,855,000 | 7,071,000 | 7,127,000 | |
| Weighted average shares outstandingdiluted (in shares) | 6,922,000 | 7,176,000 | 7,242,000 | |