Financial Snapshot

Revenue
$411.0M
TTM
Gross Margin
Net Earnings
$7.728M
TTM
Current Assets
$108.9M
Q3 2024
Current Liabilities
$150.4M
Q3 2024
Current Ratio
72.42%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$522.9M
Q3 2024
Cash
Q3 2024
P/E
331.1
Nov 29, 2024 EST
Free Cash Flow
$137.9M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $253.4M $409.0M $330.0M $231.9M $246.3M
YoY Change -38.04% 23.95% 42.28% -5.82% 40.92%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $253.4M $409.0M $330.0M $231.9M $246.3M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $272.3M $267.0M $205.4M $131.4M $123.0M
YoY Change 1.99% 29.96% 56.28% 6.83% 54.31%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.36M $2.936M $1.200M $1.000M $900.0K
YoY Change 457.22% 144.67% 20.0% 11.11% -59.28%
% of Gross Profit
Operating Expenses $322.5M $302.1M $249.7M $166.2M $161.3M
YoY Change 6.75% 20.96% 50.28% 3.04% 89.51%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$10.12M $12.34M $8.504M $5.058M $2.777M
YoY Change -181.97% 45.11% 68.13% 82.14% -258.23%
% of Operating Profit
Other Income/Expense, Net -$2.112M $988.0K $2.406M -$2.982M -$2.752M
YoY Change -313.77% -58.94% -180.68% 8.36%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$81.28M $294.6M $416.9M $167.5M $161.6M
YoY Change -127.59% -29.34% 148.94% 3.62% 83.88%
Income Tax $6.127M $22.20M -$8.262M -$1.006M -$985.0K
% Of Pretax Income 7.53% -1.98% -0.6% -0.61%
Net Earnings -$6.766M $272.4M $408.6M $166.5M $160.6M
YoY Change -102.48% -33.35% 145.49% 3.63% 111.83%
Net Earnings / Revenue -2.67% 66.59% 123.82% 71.76% 65.22%
Basic Earnings Per Share -$0.46 $0.92 $0.93 $0.00
Diluted Earnings Per Share -$0.26 $0.92 $2.260M $1.339M $1.280M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $57.70M $183.6M $78.42M $101.8M $57.70M
YoY Change -68.57% 134.1% -22.99% 76.48%
Cash & Equivalents $57.70M $183.6M $78.42M $101.8M $57.70M
Short-Term Investments
Other Short-Term Assets $40.32M $5.184M $2.635M
YoY Change 677.72% 96.74%
Inventory
Prepaid Expenses
Receivables $44.37M $53.80M $35.38M $25.48M $30.16M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $102.1M $237.4M $154.1M $132.5M $90.50M
YoY Change -57.0% 54.03% 16.32% 46.4%
Property, Plant & Equipment $4.126M $4.158M $5.077M
YoY Change -0.77% -18.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $605.5M $654.8M $491.6M $220.5M $146.0M
YoY Change -7.53% 33.2% 122.96% 51.0%
Other Assets $77.10M $64.08M $64.67M $5.524M $2.408M
YoY Change 20.32% -0.91% 1070.62% 129.4%
Total Long-Term Assets $1.187B $917.5M $692.2M $293.5M $183.1M
YoY Change 29.35% 32.55% 135.82% 60.32%
Total Assets $1.289B $1.155B $846.3M $426.0M $273.6M
YoY Change
Accounts Payable $35.07M $24.94M $13.59M $11.14M $7.316M
YoY Change 40.61% 83.59% 21.99% 52.23%
Accrued Expenses $90.92M $82.40M $56.13M $33.78M $25.65M
YoY Change 10.34% 46.8% 66.15% 31.71%
Deferred Revenue
YoY Change
Short-Term Debt $34.00M $0.00 $0.00 $0.00 $16.84M
YoY Change -100.0%
Long-Term Debt Due $0.00 $650.0K
YoY Change -100.0%
Total Short-Term Liabilities $160.0M $107.3M $69.71M $44.92M $50.45M
YoY Change 49.05% 53.97% 55.2% -10.96%
Long-Term Debt $446.6M $297.3M $148.1M $147.7M $2.080M
YoY Change 50.22% 100.68% 0.29% 7001.59%
Other Long-Term Liabilities $136.9M $103.9M $78.70M $31.91M $30.73M
YoY Change 31.77% 32.0% 146.63% 3.84%
Total Long-Term Liabilities $583.5M $401.2M $226.8M $179.6M $32.81M
YoY Change 45.44% 76.85% 26.29% 447.48%
Total Liabilities $1.214B $1.076B $774.5M $239.9M $99.12M
YoY Change 12.84% 38.89% 222.82% 142.05%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 26.00M shares 23.93M shares 22.52M shares 0.000 shares
Diluted Shares Outstanding 26.00M shares 23.93M shares 22.52M shares 0.000 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.559 Billion

About Bridge Investment Group Holdings Inc.

Bridge Investment Group Holdings, Inc. operates as a real estate investment firm. The company is headquartered in Salt Lake City, Utah and currently employs 2,300 full-time employees. The company went IPO on 2021-07-16. The firm focuses on various specialized and synergistic investment platforms, including real estate, credit, renewable energy and secondaries strategies. Under Real Estate, it offers multifamily, development, workforce and affordable housing, seniors housing, office, single-family rental, and logistics. Under Credit, it offers debt strategies and agency MBS. Its vertically integrated approach includes investment professionals, as well as employees who perform active asset management, property management, leasing, and construction management functions. The firm operates across 35 states, and it focuses its investment activity in the United States markets. The firm's subsidiaries include Bridge Investment Group Holdings LLC, Bridge Fund Management Holdings LLC, Bridge Debt Capital Markets LLC, and Bridge Investment Group Risk Management, Inc., among others.

Industry: Investment Advice Peers: Artisan Partners Asset Management Inc. Blackstone Inc. Focus Financial Partners Inc. Goldman Sachs BDC, Inc. GOLUB CAPITAL BDC, Inc. Main Street Capital CORP PROSPECT CAPITAL CORP StepStone Group Inc. Victory Capital Holdings, Inc.