Bright Sphere Investment Group Inc. - Understand $bsig stock

$BSIG Market Cap: $1.167 Billion

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Financial Snapshot

Revenue

$469.0M

TTM

Gross Margin

Net Earnings

$65.30M

TTM

Current Assets

$172.8M

Q3 2024

Current Liabilities

$187.1M

Q3 2024

Current Ratio

92.36%

Q3 2024

Total Assets

$555.2M

Q3 2024

Total Liabilities

$559.0M

Q3 2024

Book Value

-$3.800M

Q3 2024

Cash

$71.30M

Q3 2024

P/E

17.87

Nov 29, 2024 EST

Free Cash Flow

$107.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$426.6M	$417.2M	$523.8M	$499.5M	$594.6M	$928.2M	$887.4M	$663.5M	$699.3M	$1.056B	$928.6M	$703.5M
YoY Change	2.25%	-20.35%	4.86%	-15.99%	-35.94%	4.6%	33.75%	-5.12%	-33.8%	13.75%	32.0%	-2.86%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$426.6M	$417.2M	$523.8M	$499.5M	$594.6M	$928.2M	$887.4M	$663.5M	$699.3M	$1.056B	$928.6M	$703.5M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$303.3M	$230.7M	$355.8M	$495.0M	$545.4M	$823.3M	$798.1M	$495.7M	$501.0M	$513.3M	$421.0M	$335.8M
YoY Change	31.47%	-35.16%	-28.12%	-9.24%	-33.75%	3.16%	61.0%	-1.06%	-2.4%	21.92%	25.37%	2.19%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$17.30M	$18.60M	$22.10M	$27.70M	$23.80M	$21.10M	$18.30M	$12.00M	$7.100M	$6.200M	$5.000M	$7.500M
YoY Change	-6.99%	-15.84%	-20.22%	16.39%	12.8%	15.3%	52.5%	69.01%	14.52%	24.0%	-33.33%	-51.61%
% of Gross Profit
Operating Expenses	$320.6M	$249.3M	$378.0M	$367.8M	$372.4M	$844.4M	$816.4M	$507.9M	$508.1M	$987.9M	$878.0M	$643.2M
YoY Change	28.6%	-34.05%	2.77%	-1.24%	-55.9%	3.43%	60.74%	-0.04%	-48.57%	12.52%	36.5%	-4.77%
Operating Profit	$106.0M	$167.9M	$145.8M	$131.7M	$222.2M	$83.80M	$71.00M
YoY Change	-36.87%	15.16%	10.71%	-40.73%	165.16%	18.03%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$9.500M	-$19.50M	-$16.30M	-$23.00M	-$13.20M	$44.80M	$3.700M	$6.300M	$10.10M	-$173.8M	-$211.1M	-$187.3M
YoY Change	-51.28%	19.63%	-29.13%	74.24%	-129.46%	1110.81%	-41.27%	-37.62%	-105.81%	-17.67%	12.71%	4.11%
% of Operating Profit	-8.96%	-11.61%	-11.18%	-17.46%	-5.94%	53.46%	5.21%
Other Income/Expense, Net	-$9.500M	-$23.10M	$32.30M	$213.1M	-$9.000M	$51.40M	$71.00M	-$1.100M	$0.00	$73.20M	$76.70M	$82.00M
YoY Change	-58.87%	-171.52%	-84.84%	-2467.78%	-117.51%	-27.61%	-6554.55%		-100.0%	-4.56%	-6.46%	24.43%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$96.50M	$144.8M	$178.1M	$344.8M	$213.2M	$113.8M	$103.9M	$160.8M	$201.3M	-$32.20M	-$83.80M	-$46.70M
YoY Change	-33.36%	-18.7%	-48.35%	61.73%	87.35%	9.53%	-35.39%	-20.12%	-725.16%	-61.58%	79.44%	-35.94%
Income Tax	$29.40M	$44.20M	$50.00M	$97.10M	$10.50M	$5.000M	$132.8M	$40.80M	$46.60M	$12.80M	$13.30M	$3.300M
% Of Pretax Income	30.47%	30.52%	28.07%	28.16%	4.92%	4.39%	127.82%	25.37%	23.15%
Net Earnings	$65.80M	$100.6M	$828.4M	$286.7M	$223.9M	$136.4M	$4.200M	$126.4M	$155.5M	$51.70M	$25.70M	$3.000M
YoY Change	-34.59%	-87.86%	188.94%	28.05%	64.15%	3147.62%	-96.68%	-18.71%	200.77%	101.17%	756.67%	-70.87%
Net Earnings / Revenue	15.42%	24.11%	158.15%	57.4%	37.66%	14.7%	0.47%	19.05%	22.24%	4.89%	2.77%	0.43%
Basic Earnings Per Share	$1.59	$2.39	$10.73	$3.53	$2.45	$1.27	$0.04
Diluted Earnings Per Share	$1.55	$2.33	$10.29	$3.49	$2.45	$1.26	$0.04	$1.058M	$1.290M	$430.8K	$214.2K	$25.00K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$146.8M	$108.4M	$252.1M	$401.9M	$121.0M	$345.5M	$200.4M	$102.3M	$135.9M	$268.6M	$282.2M	$268.6M
YoY Change	35.42%	-57.0%	-37.27%	232.15%	-64.98%	72.41%	95.89%	-24.72%	-49.4%	-4.82%	5.06%
Cash & Equivalents	$146.8M	$108.4M	$252.1M	$401.9M	$121.0M	$345.5M	$200.4M	$102.3M	$135.9M	$268.6M	$282.2M	$268.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$290.2M	$230.9M	$424.1M	$524.0M	$299.1M	$508.5M	$438.7M	$266.0M	$288.2M	$429.7M	$469.3M	$437.2M
YoY Change	25.68%	-45.56%	-19.06%	75.19%	-41.18%	15.91%	64.92%	-7.7%	-32.93%	-8.44%	7.34%
Property, Plant & Equipment	$57.20M	$59.90M	$115.3M	$162.3M	$65.80M	$49.00M	$41.70M	$39.80M	$30.70M	$24.10M	$24.10M	$19.10M
YoY Change	-4.51%	-48.05%	-28.96%	146.66%	34.29%	17.51%	4.77%	29.64%	27.39%	0.0%	26.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$64.70M	$48.40M	$54.50M	$115.1M	$376.9M	$323.3M	$381.1M	$268.8M	$202.6M	$209.9M	$554.3M	$242.6M
YoY Change	33.68%	-11.19%	-52.65%	-69.46%	16.58%	-15.17%	41.78%	32.68%	-3.48%	-62.13%	128.48%
Other Assets	$70.50M	$77.50M	$72.40M	$286.7M	$243.6M	$270.1M	$240.6M	$332.7M	$341.6M	$2.818B	$2.851B	$2.811B
YoY Change	-9.03%	7.04%	-74.75%	17.69%	-9.81%	12.26%	-27.68%	-2.61%	-87.88%	-1.16%	1.42%
Total Long-Term Assets	$321.2M	$287.8M	$290.7M	$855.2M	$1.121B	$1.045B	$1.053B	$1.028B	$725.9M	$7.343B	$8.082B	$8.093B
YoY Change	11.61%	-1.0%	-66.01%	-23.68%	7.21%	-0.74%	2.4%	41.66%	-90.11%	-9.15%	-0.12%
Total Assets	$611.4M	$518.7M	$714.8M	$1.379B	$1.420B	$1.554B	$1.492B	$1.294B	$1.014B	$7.773B	$8.552B	$8.530B
YoY Change
Accounts Payable	$140.4M	$123.5M	$5.000M	$7.300M	$7.700M	$9.000M	$5.200M	$5.100M	$8.400M	$10.50M	$16.30M	$12.10M
YoY Change	13.68%	2370.0%	-31.51%	-5.19%	-14.44%	73.08%	1.96%	-39.29%	-20.0%	-35.58%	34.71%
Accrued Expenses	$72.40M	$75.80M	$225.2M	$254.2M	$170.9M	$214.6M	$233.6M	$162.1M	$159.7M	$158.2M	$154.5M	$127.0M
YoY Change	-4.49%	-66.34%	-11.41%	48.74%	-20.36%	-8.13%	44.11%	1.5%	0.95%	2.39%	21.65%
Deferred Revenue
YoY Change
Short-Term Debt	$4.000M	$0.00	$0.00	$0.00	$900.0K	$1.700M	$7.900M	$5.000M	$0.00	$16.40M	$24.60M	$26.00M
YoY Change				-100.0%	-47.06%	-78.48%	58.0%		-100.0%	-33.33%	-5.38%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$212.8M	$199.3M	$231.3M	$262.4M	$194.2M	$313.6M	$401.5M	$429.6M	$490.3M	$524.9M	$236.7M	$203.2M
YoY Change	6.77%	-13.83%	-11.85%	35.12%	-38.07%	-21.89%	-6.54%	-12.38%	-6.59%	121.76%	16.49%
Long-Term Debt	$273.9M	$273.5M	$394.9M	$394.3M	$568.8M	$393.3M	$426.3M	$392.3M	$90.00M	$4.310B	$5.431B	$5.642B
YoY Change	0.15%	-30.74%	0.15%	-30.68%	44.62%	-7.74%	8.67%	335.89%	-97.91%	-20.64%	-3.74%
Other Long-Term Liabilities	$75.20M	$67.50M	$105.8M	$330.8M	$450.6M	$657.6M	$487.4M	$301.9M	$267.9M	$313.8M	$331.9M	$240.7M
YoY Change	11.41%	-36.18%	-68.03%	-26.59%	-31.48%	34.92%	61.44%	12.69%	-14.63%	-5.45%	37.89%
Total Long-Term Liabilities	$349.1M	$341.0M	$500.7M	$725.1M	$1.019B	$1.051B	$913.7M	$694.2M	$357.9M	$4.624B	$5.763B	$5.883B
YoY Change	2.38%	-31.89%	-30.95%	-28.87%	-3.0%	15.02%	31.62%	93.96%	-92.26%	-19.77%	-2.03%
Total Liabilities	$571.2M	$540.3M	$732.0M	$1.077B	$1.355B	$1.450B	$1.416B	$1.130B	$848.2M	$7.736B	$8.999B	$9.012B
YoY Change	5.72%	-26.18%	-32.02%	-20.55%	-6.56%	2.41%	25.3%	33.26%	-89.04%	-14.03%	-0.15%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding	41.49M shares	42.06M shares	77.21M shares	81.26M shares	91.21M shares	107.4M shares	110.7M shares
Diluted Shares Outstanding	42.54M shares	43.16M shares	80.49M shares	82.04M shares	91.27M shares	107.6M shares	111.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.1669 Billion

About BrightSphere Investment Group Inc.

BrightSphere Investment Group, Inc. is a holding company, which engages in the provision of asset management services. The company is headquartered in Boston, Massachusetts and currently employs 387 full-time employees. The company went IPO on 2014-10-09. The firm provides investment management services globally, predominantly to institutional investors. The firm operates through its subsidiary, Acadian Asset Management LLC (Acadian). Acadian is a systematic investment manager of active global, international equity and alternative strategies. The firm operates through one segment: the Quant and Solutions segment. The Quant and Solutions segment is comprised of leverage data and technology in a computational, factor-based investment process across a range of asset classes in developed and emerging markets, including global, non- United States and small-cap equities, as well as managed volatility, systematic macro, equity alternatives, and credit strategies. Through Acadian, the Company offers a diverse range of actively managed investment strategies and products to institutional investors around the globe.

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