U.S. Global Investors Announces Record Net Income of $32 Million in Fiscal Year 2021, Continuation of Dividends
Net income for the 12-month period was $32.0 million, or $2.12 per share, compared to a net loss of $4.7 million, or $0.31 loss per share, a year earlier.
- Net income for the 12-month period was $32.0 million, or $2.12 per share, compared to a net loss of $4.7 million, or $0.31 loss per share, a year earlier.
- For the quarter, net income was $4.7 million, an increase of 217% from the same three-month period a year ago.
- Earnings from operations were $8.2 million and investment income was $28.3 million.
- Dividends totaling $552,000 and $88,000 were paid to holders of class A and class C common stock, respectively, in fiscal year 2021.