Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations (Unaudited)

v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue        
Total revenue $ 30,673 $ 30,993 $ 62,065 $ 61,265
Expenses        
Compensation and benefits 18,805 18,493 37,686 36,162
General and administrative 7,827 7,191 15,501 13,890
Total expenses 26,632 25,684 53,187 50,052
Income before other (expense) income, net 4,041 5,309 8,878 11,213
Other (expense) income, net        
Other (expense) income, net 20 7 27 15
Interest income 163 289 436 636
Interest expense (15) (29) (30) (80)
Total other (expense) income, net 168 267 433 571
Income before provision for income taxes 4,209 5,576 9,311 11,784
Provision for income taxes 1,060 1,196 2,234 2,489
Net income 3,149 4,380 7,077 9,295
Less: net income attributable to non-controlling interests (1,231) (1,715) (2,690) (3,630)
Net income attributable to Silvercrest $ 1,918 $ 2,665 $ 4,387 $ 5,665
Net income per share        
Basic $ 0.21 $ 0.28 $ 0.47 $ 0.6
Diluted $ 0.21 $ 0.28 $ 0.47 $ 0.6
Weighted average shares outstanding        
Basic 9,095,966 9,509,711 9,337,530 9,494,869
Diluted 9,124,278 9,547,879 9,370,217 9,531,730
Management and Advisory Fees        
Revenue        
Total revenue $ 29,515 $ 29,900 $ 59,783 $ 59,065
Family Office Services        
Revenue        
Total revenue $ 1,158 $ 1,093 $ 2,282 $ 2,200