SPROTT INC.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues
Selling, general and administrative $12.5m $11.6m $14.7m $16.0m $17.4m $18.8m $18.5m
Comprehensive income
Management fees $41.4m $72.9m $103.9m $115.4m $132.3m $155.3m $199.0m
Carried interest and performance fees $1.8m $10.1m $12.2m $3.3m $891k $7.3m $54.7m
Commissions $19.3m $27.5m $45.3m $30.7m $8.3m $5.7m $8.5m
Finance income $11.4m $4.0m $3.5m $5.0m $4.9m $8.9m $6.7m
Gain (loss) on investments ($1.1m) $5.1m ($1.9m) ($10.2m) $1.4m ($10k) $15.4m
Co-investment income $2.1m $1.4m $863k
Compensation $35.2m $57.6m $76.7m $77.1m $74.2m $75.4m $153.3m
Depreciation of property and equipment $2.9m $3.2m $3.6m $3.4m $2.8m $2.2m $2.5m
Foreign exchange (gain) loss $3.2m ($1.4m) $4.2m
Provision for income taxes $2.7m $7.7m $12.0m $7.4m $8.5m $19.7m $23.0m
Foreign currency translation gain (loss) (taxes of $Nil) $10.6m $5.6m $1.0m ($15.1m) $4.7m ($20.6m) $12.6m
Total other comprehensive income (loss) $10.6m $5.6m $1.0m ($15.1m) $4.7m ($20.6m) $12.6m
Income before income taxes $12.9m $34.7m $45.2m $25.1m $50.3m $69.0m $90.4m
Net income for the year $10.2m $27.0m $33.2m $17.6m $41.8m $49.3m $67.3m
Basic (in USD per share) $0.42 $1.10 $1.33 $0.70 $1.66 $1.94 $2.61
Diluted (in USD per share) $0.40 $1.05 $1.28 $0.67 $1.60 $1.91 $2.61
Fund expenses $1.1m $1.1m $9.7m $10.5m $7.9m $12.1m $15.0m
Interest expense $1.0m $1.2m $1.2m $2.9m $4.1m $3.1m $1.2m
Other (income) and expenses ($9.5m) ($580k) $0
Total expenses $60.5m $87.1m $119.5m $120.1m $118.7m $109.6m $194.7m