Fri, Feb 21, 9:33 PM (65 days ago)
**DigitalBridge Group, Inc. (DBRG) 10-K Summary for Fiscal Year 2024** **Financial Performance:** - **Revenue:** $607.0M, down from $821.4M in 2023, primarily due to decreased carried interest ($218.3M) and principal investment income ($30.0M). - **Net Income:** $147.0M, a significant increase from $45.2M in 2023, driven by lower expenses and improved performance metrics. - **Earnings per Share:** Common stockholders earned $0.07 per share, compared to $0.78 in 2023. **Operating Expenses:** Total expenses decreased to $496.9M from $551.9M, mainly due to lower compensation and interest expenses. **Strategic Overview:** DBRG continues to focus on digital infrastructure investments, managing $35.5B in fee-earning equity under management (FEEUM), up 8% YoY. The company raised $9.0B in capital in 2024. **Future Outlook:** The company aims for growth through new investment strategies and geographic expansion, despite facing challenges from fluctuating market conditions and competition. **Risk Factors:** Key risks include market volatility, regulatory changes, and the impact of rising interest rates on investment values. **Market Position Changes:** DBRG's market position remains strong in the digital infrastructure sector, but competition is intensifying. **Financial Condition:** As of December 31, 2024, DBRG had $440M in liquidity and reduced leverage through debt restructuring, enhancing its financial stability.