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GlassBridge Enterprises, Inc.

glassbridge.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2023 10-Q, filed Nov 14, 2023. Its latest SEC filing is a REVOKED from Jan 30, 2026.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Provides investment advisory services to third-party investors through managed funds and separate managed accounts.

How Did They Make Money?

Earns revenue primarily by providing investment advice to third-party investors through managed funds and separate accounts; it may collect management and performance fees.

FY2022 revenue

Who Were Their Customers?

Third-party investors provide capital to the company’s funds or hire it to manage separate accounts.

Did Revenues Turn Into Profits?

No. It lost $3M in FY2022.

Operating income, FY2022
−3000% of revenue
▼ −52% (Loss) vs FY2021 (−$6.2M, −6200%)
Net income, FY2022
−3000% of revenue
▼ Now a loss vs FY2021 ($29M, 29000%)

How Were They Changing?

Since the FY2022 annual report
Latest quarter: Q3 FY2023, the three months to Sep 30, 2023
Net income
▲ +38% (Loss)
vs −$800K in Q3 FY2022
  • Sep 17, 2025 SEC began proceedings over the company’s late filings The SEC is considering whether to suspend or revoke the registration of the company’s securities.
  • Mar 10, 2025 Company dismissed Turner Stone and appointed Withum as auditor

Sports investment platform The older report described asset management and a sports investment platform; the latest report describes a single asset management segment after the company sold its SportBLX interest.

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