Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited)

v3.24.0.1
Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2023
Quarterly Financial Data [Abstract]  
Selected Quarterly Financial Data (Unaudited)

19. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following is a summary of the quarterly results of operations of the Company for the years ended December 31, 2023 and 2022.

 

 

2023

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue

 

$

29,430

 

 

$

29,734

 

 

$

29,704

 

 

$

28,542

 

Income (loss) before other income (expense), net

 

$

6,751

 

 

$

6,518

 

 

$

6,519

 

 

$

(969

)

Net income (loss)

 

$

5,310

 

 

$

5,135

 

 

$

5,380

 

 

$

(642

)

Net income (loss) attributable to Silvercrest

 

$

3,204

 

 

$

3,085

 

 

$

3,216

 

 

$

(411

)

Net income (loss) per share/unit - basic

 

$

0.34

 

 

$

0.33

 

 

$

0.34

 

 

$

(0.05

)

Net income (loss) per share/unit - diluted

 

$

0.33

 

 

$

0.33

 

 

$

0.34

 

 

$

(0.04

)

Weighted average shares/units outstanding - basic

 

 

9,548,766

 

 

 

9,456,347

 

 

 

9,354,747

 

 

 

9,368,579

 

Weighted average shares/units outstanding - diluted

 

 

9,577,901

 

 

 

9,480,079

 

 

 

9,378,479

 

 

 

9,368,579

 

 

 

2022

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue

 

$

33,510

 

 

$

32,173

 

 

$

29,042

 

 

$

28,492

 

Income before other income (expense), net

 

$

15,439

 

 

$

11,900

 

 

$

7,102

 

 

$

4,121

 

Net income

 

$

12,396

 

 

$

9,473

 

 

$

5,643

 

 

$

3,281

 

Net income attributable to Silvercrest

 

$

7,568

 

 

$

5,770

 

 

$

3,433

 

 

$

2,057

 

Net income per share/unit - basic

 

$

0.77

 

 

$

0.58

 

 

$

0.35

 

 

$

0.22

 

Net income per share/unit – diluted

 

$

0.77

 

 

$

0.58

 

 

$

0.35

 

 

$

0.22

 

Weighted average shares/units outstanding - basic

 

 

9,869,444

 

 

 

9,887,018

 

 

 

9,815,157

 

 

 

9,603,073

 

Weighted average shares/units outstanding - diluted

 

 

9,891,148

 

 

 

9,913,437

 

 

 

9,847,131

 

 

 

9,635,047