How'd Sprott do in 2012?

Sprott Inc. today announced its financial results for the year ended December 31, 2012.

Highlights include:

Assets Under Management (AUM) were $9.9 billion as at December 31, 2012, compared to $9.1 billion as at December 31, 2011 and $10.3 billion as at September 30, 2012
Assets Under Administration (AUA) were $3.7 billion as at December 31, 2012, compared to $4.4 billion as at December 31, 2011
Management Fees were $118.5 million, a decrease of 19.3% compared with the year ended December 31, 2011
Base EBITDA was $52.5 million ($0.31 per share) compared with $69.4 million ($0.41 per share) for the year ended December 31, 2011, a decrease of 24.4%
EBITDA was $59.6 million ($0.35 per share), compared with $64.5 million ($0.38 per share) for the year ended December 31, 2011, a decrease of 7.5%
Net income was $32.0 million ($0.19 per share) for the year ended December 31, 2012, a decrease of 3.2% from $33.0 million ($0.20 per share) in the year ended December 31, 2011
Raised US $1.6 billion through follow-on offerings of Sprott Physical Gold Trust and Sprott Physical Silver Trust Units
Completed the initial public offering of the Sprott Physical Platinum and Palladium Trust for gross proceeds of US $280 million
Finalized acquisition of Toscana Capital Corporation and Toscana Energy Corporation (now “Sprott Toscana”)
Sprott Resource Corp. marked five years in operation with a track record that placed it near the top of all resource-focused private equity strategies over the same period

Also read:

Vik’s Pick: Time to move into gold, says Sprott

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