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Pzena Investment Management, Inc PZN
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Quarterly report 2022-Q3
added 05-23-2026

Pzena Investment Management, Inc Income Statement 2021-2008 | PZN

Brief overview of profit and loss at Pzena Investment Management, Inc

The conclusions below are based on five years of reported results. Revenue reported by Pzena Investment Management, Inc was $29.1 million at the beginning of the period and $199 million at the end. The total change was +585.6%, with a CAGR of approximately 47%. This pace points to rapid expansion of the business.

Net profit was $11 million at the start and $18.7 million at the end. The latest figure was the best within the selected horizon.

The five-year change in capitalization reached +20.5%: from $130 million to $156 million. The financial trend was stronger than the market valuation.

Summary assessment

The financial direction is broadly positive, although industry context still matters. The financial profile benefits from net-income growth and revenue expansion. Further direction will depend on top-line growth, operating profitability, and net income.

Annual Income Statement Pzena Investment Management, Inc

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

156 M 115 M 131 M 122 M 140 M 130 M 79.3 M 74.8 M 85.3 M 33.9 M 23.8 M - - -

Shares

17.4 M 17.2 M 17.9 M 17.7 M 17.3 M 16 M 14 M 12.6 M 12 M 10.8 M 9.97 M 9.19 M 8.22 M -

Historical Prices

8.97 6.66 7.32 6.89 8.09 8.12 5.66 5.92 7.12 3.14 2.39 - - -

Net Income

18.7 M 8.87 M 8.46 M 13.8 M 6.91 M 11 M 7.68 M 8.1 M 6.67 M 3.84 M 3.38 M 3.81 M 3.37 M -

Revenue

199 M 139 M 151 M 154 M 38.9 M 29.1 M 117 M 113 M 95.8 M 76.3 M 83 M 77.5 M 63 M -

Cost of Revenue

77.1 M 68.5 M 88.1 M 61.4 M 58.9 M 48.3 M 46.5 M 41.3 M 36.8 M 31.8 M 34.6 M 29.5 M 25 M -

Gross Profit

- 70.1 M 62.6 M 92.2 M 82.4 M 60 M 70.1 M 71.2 M 58.9 M 44.5 M 83 M - - -

Operating Income

106 M 55.3 M 45.7 M 78.8 M 69.1 M 13.7 M 55.4 M 61 M 50.8 M 37.2 M 37.9 M 40 M 29.8 M -

Interest Expense

2 K 16 K 48 K 77 K 29 K 24 K 21 K 8 K - 30 K - 232 K 1.48 M -

EBITDA

107 M 56.5 M 46.7 M 79.8 M 70.1 M 14.8 M 56.2 M 61.2 M 51 M 37.4 M 38.3 M 40.4 M 30.3 M -

Operating Expenses

93.5 M 83.3 M 105 M 74.8 M 72.2 M 61.1 M 61.2 M 51.6 M 44.9 M 39.1 M 45.2 M 37.6 M 33.3 M -

General and Administrative Expenses

16.4 M 14.9 M 17 M 13.4 M 13.3 M 12.8 M 14.7 M 10.3 M 8.1 M 7.35 M 10.6 M 8.01 M 8.26 M -

All numbers in USD currency

Quarterly Income Statement Pzena Investment Management, Inc

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

- 16.7 M 17 M 17.4 M - 17.7 M 17.3 M 17.2 M - 16.9 M 17.2 M 17.8 M - 17.9 M 17.9 M 18.3 M - 17.5 M 17.8 M 18 M - 17.3 M 17.3 M 17.4 M - 16.4 M 15.8 M 15.2 M - 14.6 M 12.9 M 13.1 M - 13 M 12.2 M 12.2 M - 12.2 M 12.3 M 11.3 M - 10.8 M 10.6 M 10.6 M - 10 M 9.9 M 9.39 M

Net Income

- 2.7 M 2.52 M 2.82 M - 5.07 M 4.6 M 4.19 M - 2.66 M 2.2 M 3.1 M - 3.48 M 3.36 M 3.1 M - 4.26 M 3.47 M 3.52 M -1.05 M 2.99 M 2.63 M 2.34 M 11 M 2.16 M 1.41 M 1.62 M 2.21 M 1.92 M 1.92 M 1.62 M 2.47 M 2.06 M 2.12 M 1.45 M 2.28 M 1.96 M 1.27 M 1.17 M 956 K 1.26 M 614 K 1.01 M 369 K 497 K 859 K 1.66 M

Revenue

- 45.2 M 48.7 M 52.8 M - 51.6 M 50.9 M 45.9 M - 33.9 M 30.1 M 34.7 M - 37.1 M 37.8 M 37.4 M - 39.6 M 38.3 M 39.3 M 38.9 M 36.2 M 34.1 M 32 M 29.1 M 27 M 26.4 M 25.8 M 27.7 M 30.8 M 29.5 M 28.7 M 28.6 M 29.6 M 27.9 M 26.4 M 28.7 M 24 M 22.1 M 20.8 M 19.3 M 18.9 M 18.3 M 19.8 M 18.9 M 20 M 22.4 M 21.8 M

Cost of Revenue

- 18.6 M 18.4 M 21.2 M - 18.9 M 19 M 19.1 M - 15.8 M 15.6 M 19.1 M - 16 M 16 M 17.2 M - 16.1 M 15.2 M 16.2 M - 14.8 M 14.3 M 15.6 M - 11.8 M 11.7 M 12.5 M - 11.6 M 11.8 M 12.1 M - 10.6 M 9.9 M 10 M - 9.1 M 8.91 M 9.61 M - 7.69 M 8.01 M 8.17 M - 7.73 M 8.26 M 8.39 M

Operating Income

- 17.7 M 24.6 M 26.6 M - 28.4 M 27.9 M 23 M - 15 M 11 M 11.1 M - 17.1 M 17.6 M 16.2 M - 20.1 M 19.7 M 19.9 M 20.9 M 18.4 M 16.6 M 13.1 M 13.7 M 12 M 11.3 M 10.3 M 13 M 16.2 M 13.2 M 13 M 14.7 M 16.6 M 15.5 M 14 M 17.2 M 13 M 11.3 M 9.42 M 9.47 M 9.41 M 8.41 M 9.89 M 4.09 M 10.3 M 12.1 M 11.5 M

Interest Expense

- -63 K -184 K -139 K - 12 K 12 K 58 K - 12 K 12 K -87 K - -75 K -44 K -55 K - -27 K -10 K 15 K - 59 K 103 K 16 K - 11 K 14 K -40 K - -129 K 54 K -191 K - -185 K 56 K -89 K - - - - - - - 26 K - - - -

EBITDA

- 17.9 M 24.8 M 26.9 M - 28.7 M 28.2 M 23.3 M - 15.3 M 11.3 M 11.4 M - 17.4 M 17.8 M 16.4 M - 20.4 M 20 M 20.2 M 20.9 M 18.7 M 16.9 M 13.3 M 13.7 M 12.2 M 11.5 M 10.6 M 13 M 16.5 M 13.4 M 13 M 14.7 M 16.7 M 15.6 M 14.1 M 17.2 M 13 M 11.3 M 9.46 M 9.47 M 9.46 M 8.47 M 9.95 M 4.09 M 10.4 M 12.2 M 11.6 M

Operating Expenses

- 27.6 M 24.1 M 26.1 M - 23.2 M 23 M 22.8 M - 19 M 19.2 M 23.6 M - 19.9 M 20.3 M 21.2 M - 19.4 M 18.6 M 19.3 M - 17.8 M 17.5 M 18.9 M - 15 M 15.2 M 15.5 M - 14.5 M 16.3 M 15.7 M - 13 M 12.4 M 12.4 M - 11.1 M 10.9 M 11.4 M - 9.45 M 9.93 M 9.88 M - 9.7 M 10.3 M 10.3 M

General and Administrative Expenses

- 8.96 M 5.72 M 4.94 M - 4.3 M 3.92 M 3.7 M - 3.18 M 3.58 M 4.42 M - 3.9 M 4.25 M 4.03 M - 3.32 M 3.38 M 3.16 M - 3.06 M 3.2 M 3.32 M - 3.27 M 3.48 M 3.04 M - 2.9 M 4.49 M 3.6 M - 2.35 M 2.5 M 2.32 M - 2 M 1.94 M 1.81 M - 1.76 M 1.92 M 1.7 M - 1.97 M 2.06 M 1.95 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Pzena Investment Management, Inc (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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