WisdomTree Investments, Inc. HYZD Income Statement

Wisdomtree investments, inc. (HYZD)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Operating Revenues:
Total revenues
63,874	68,907	67,718	66,293	65,485	67,867	72,570	74,775	58,904	59,740	57,714	56,242	54,599	50,272	51,789	55,981	60,878	76,489	80,753	81,559	60,141	49,600	47,114	44,128	42,920	43,166	39,630	37,331	29,341	23,574	21,661	20,393	19,170	16,175	17,736	16,716	14,533	10,130	9,355
Operating Expenses:
Compensation and benefits
17,295	19,280	18,880	21,300	21,301	18,838	17,544	19,301	18,832	25,706	19,492	18,421	17,874	18,366	15,328	14,343	15,226	15,551	19,407	18,669	19,601	14,099	9,990	7,551	9,355	9,633	9,648	9,447	7,482	6,165	5,734	5,477	5,857	4,722	5,085	4,610	5,217	4,405	4,600
Fund management and administration
14,485	15,650	15,110	15,576	15,166	15,861	15,292	14,621	10,912	11,570	10,862	10,112	9,600	10,046	10,372	10,621	10,044	10,887	10,519	11,208	10,168	8,932	8,465	7,818	9,168	8,953	8,794	9,106	8,223	6,343	5,671	5,567	5,439	4,891	5,093	5,736	4,162	3,569	3,306
Marketing and advertising
2,468	3,551	3,022	2,910	2,680	3,672	3,239	3,778	3,195	3,726	3,314	3,825	3,537	3,645	3,600	4,566	3,832	3,094	3,573	3,628	3,076	2,869	3,341	2,726	2,578	2,145	2,031	2,196	1,937	1,627	862	1,548	1,326	1,235	911	1,357	972	745	426
Sales and business development
3,417	5,329	4,354	4,171	4,422	5,036	3,801	4,503	3,813	3,843	3,617	3,389	2,962	3,181	3,075	3,834	2,447	2,775	2,438	2,076	1,900	1,914	1,279	1,727	1,301	1,848	1,305	1,520	1,801	1,053	831	842	860	991	954	913	745	766	746
Contractual gold payments (Note 11)
3,760	3,516	3,502	3,110	3,098	-	2,880	2,715	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional and consulting fees
1,273	1,604	1,259	1,296	1,482	2,854	1,934	1,560	1,636	1,440	1,035	1,221	1,558	1,457	1,035	1,365	2,835	2,430	1,570	1,604	1,463	2,560	1,383	1,840	1,795	936	542	657	613	788	1,305	1,401	1,109	1,114	1,250	966	977	795	707
Occupancy, communications and equipment
1,551	1,587	1,549	1,548	1,618	1,544	1,722	1,574	1,363	1,313	1,378	1,371	1,353	1,279	1,469	1,241	1,222	1,255	1,183	943	918	943	882	853	900	1,093	723	591	377	369	374	375	301	281	288	285	273	273	289
Depreciation and amortization
256	253	259	264	269	303	306	337	355	353	353	352	337	327	332	330	316	310	253	223	220	221	207	201	192	190	84	83	82	82	79	75	71	67	68	67	65	80	78
Third-party distribution fees
1,355	1,146	1,503	1,919	2,400	1,813	1,407	1,666	1,725	1,081	710	670	932	589	622	709	907	1,178	485	497	283	282	187	115	10	455	374	428	111	1,300	1,194	1,229	1,745	1,217	1,794	1,512	1,128	609	636
Acquisition and disposition-related costs
383	366	190	33	313	1,008	456	7,928	2,062	-	-	-	-	-	0	5,993	745	1,492	172	264	257	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,997	1,816	1,959	2,255	2,053	2,202	2,281	2,261	1,790	1,873	1,729	1,842	1,624	1,723	1,731	1,823	1,632	1,823	1,620	1,509	1,235	1,101	1,123	1,164	1,142	1,437	1,164	1,061	861	765	859	743	609	618	711	457	457	405	427
ETF shareholders proxy
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,198	66	-	0	-	-	-	-
Litigation, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-219	191	-	-	-	-	-	-	-
Exchange listing and offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	223	124	382	-	-
Patent litigation, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	672	-	0	-	-	-	-
Total expenses
48,240	54,098	51,587	54,382	54,802	56,048	50,862	60,244	45,683	55,737	42,490	41,203	39,777	33,875	37,564	44,825	39,206	40,795	41,220	40,621	39,121	32,921	26,857	23,995	26,441	26,690	24,665	25,089	21,487	18,321	17,128	20,264	18,055	15,286	16,377	16,027	14,378	11,647	11,215
Operating income
15,634	14,809	16,131	11,911	10,683	11,819	21,708	14,531	13,221	-	15,224	15,039	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Income/(Expenses):
Interest expense
2,419	2,606	2,832	2,910	2,892	-	2,747	2,356	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss)/gain on revaluation of deferred consideration – gold payments (Note 11)
-2,208	-5,354	-6,306	-4,037	4,404	-	7,732	9,898	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
163	936	799	818	779	800	719	612	962	-	772	641	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairments (Notes 7 and 24)
19,672	30,138	0	0	572	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advisory fees
-	-	-	-	-	-	-	-	-	-	-	-	53,262	-	51,553	55,931	60,615	76,235	80,520	81,320	59,869	49,327	46,942	43,938	42,609	42,903	39,437	37,101	29,153	23,379	21,440	20,230	18,975	16,025	17,554	16,514	14,273	9,860	9,129
Settlement gain (Note 10)
-	-	-	-	-	-	-	-	-	-	-	6,909	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other losses, net
-2,507	-2	843	284	-4,627	439	118	-501	-261	-	-500	-364	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss)/income before income taxes
-11,009	-22,355	8,635	6,066	7,775	-12,597	27,530	22,184	13,922	5,649	15,496	22,225	14,822	8,509	14,225	11,156	21,672	35,694	39,533	40,938	21,020	16,679	20,257	20,133	16,479	16,476	14,965	12,242	7,854	5,253	4,533	129	1,115	889	1,359	689	155	-1,517	-1,860
Income tax benefit
-2,371	3,525	4,483	3,587	-1,049	-1,033	5,481	5,460	4,498	5,411	7,520	10,120	7,942	6,032	6,270	7,505	9,600	15,164	16,245	16,766	8,958	7,057	9,634	9,531	-13,725	-	-	-	-	-	0	-	0	-	-	-	-	-	-
Provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-
Net (loss)/income
-8,638	-25,880	4,152	2,479	8,824	-11,564	22,049	16,724	9,424	238	7,976	12,105	6,880	2,477	7,955	3,651	12,072	20,530	23,288	24,172	12,062	9,622	10,623	10,602	30,204	16,476	14,965	12,242	7,854	5,253	4,533	129	1,115	889	1,359	689	155	-1,517	-1,860
(Loss)/earnings per share—basic (Note 20)
-0.06	-0.16	0.02	0.01	0.05	-0.07	0.13	0.10	0.07	0.00	0.06	0.09	0.05	0.01	0.06	0.03	0.09	0.14	0.17	0.18	0.09	0.07	0.08	0.08	0.23	0.13	0.12	0.10	0.06	0.04	0.04	0.00	0.01	0.01	0.01	0.01	0.00	-0.01	-0.02
(Loss)/earnings per share—diluted (Note 20)
-0.06	-0.16	0.02	0.01	0.05	-0.07	0.13	0.10	0.07	0.00	0.06	0.09	0.05	0.01	0.06	0.03	0.09	0.14	0.17	0.18	0.09	0.06	0.08	0.08	0.22	0.11	0.11	0.09	0.06	0.04	0.03	0.00	0.01	0.00	0.01	0.01	0.00	-0.01	-0.02
Weighted-average common shares—basic (Note 20)
152,519	151,952	151,897	151,818	151,625	151,303	150,892	149,056	135,329	134,805	134,709	134,557	134,385	133,976	134,046	134,115	135,467	142,416	136,582	135,895	134,075	132,835	131,778	131,533	130,934	128,888	126,509	125,771	125,436	243,298	123,214	121,920	119	228,713	114,238	113	113,463	112,424	111,765
Weighted-average common shares—diluted (Note 20)
152,519	106,069	167,163	167,249	166,811	167,224	166,622	163,346	136,468	136,996	135,933	135,574	135,509	135,377	135,190	135,132	136,457	141,857	138,181	137,951	137,311	138,933	138,346	138,258	138,667	139,360	140,097	140,081	139,650	274,799	138,458	138,477	137	271,476	136,075	134	134,470	112,424	111,765
Cash dividends declared per common share
0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.33	0.08	0.08	0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,965	-	-	-	-	-	-	-	-	-	-	-	-
Advisory Fees [Member]
Total revenues
62,950	68,179	67,006	65,627	64,840	67,191	71,679	73,778	58,456	-	57,293	55,856	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Income [Member]
Total revenues
924	728	712	666	645	676	891	997	448	-541	421	386	1,337	154	236	50	263	254	233	239	272	273	172	190	311	263	193	230	188	195	221	163	195	150	182	202	260	270	226