U.S. Global Investors Reports $11 Million Revenue in Fiscal 2024, Repurchasing Over $2 Million in Shares While Generating a Strong Shareholder Yield of 9.41%

SAN ANTONIO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with deep expertise in global markets and specialized sectors from gold mining to airlines, today announced operating revenues of approximately $11 million for the fiscal year ended June 30, 2024. The Company reported net income of $1.3 million, down from $3.1 million in the same period the previous year, largely due to a decrease in advisory fees stemming from lower assets under management (AUM). However, net investment income surged to $2.1 million, a remarkable 578% increase from the prior 12-month period.

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