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September 30, 2022 assets under management of $27.6 billion versus $28.7 billion on June 30, 2022
- Shares under management were $24.9 billion as of September 30, 2022 compared to $26.8 billion as of June 30, 2022
- Revenue of $61.9 million compared to $75.9 million in the same quarter last year
- Third quarter earnings per share of $0.36 per share versus $1.09 per share in 2021, bringing 9-month earnings per share to $1.66 per share versus $2.32 per share in 2021
- Ending the quarter with $141.0 million in cash and investments (excluding seed investments) and no debt
- $74 million has been donated to charities since the IPO, including $48 million through our SDCC
GAMCO Investors, Inc. (“GAMCO”) GAMI today reported its results of operations for the quarter ended September 30, 2022.
Giving back to society
Since the launch of GAMCO’s shareholder-designated charitable giving program in 2013, shareholders have allocated $48 million in donations to approximately 350 charities, including $11.3 million in 2021. Since our IPO in As of February 1999, our company’s total charitable giving totals approximately $74 million.
sustainability initiatives
To demonstrate our commitment to good environmentalists, we have waived the fees and covered all costs of the initial $100 million assets in Love Our Planet & People (“LOPP”). LOPP, the first in a series of semi-transparent exchange-traded funds (“ETFs”), invests in sustainability-focused companies, including those involved in renewable energy generation and transmission, water purification and…
