Invesco said it had $16.5 billion in net long-term inflows for the quarter, and total AUM rose 4.7% from the prior quarter to a record $1.8 trillion.

1. 01

   Invesco said it had $16.5 billion in net long-term inflows for the quarter, and total AUM rose 4.7% from the prior quarter to a record $1.8 trillion.

2. 02

   The company said cash and cash equivalents decreased by $1,044.9 million to $1,469.2 million as of September 30, 2024, from $424.3 million as of December 31, 2023, and that its credit agreement balance at quarter-end was 0.

3. 03

   The company said that, excluding the impact of CIP, 2024 financing activities over the 9 months included cash outflows of $600.0 million for the repayment of senior notes, $278.7 million for common stock dividends, $177.6 million for preferred stock dividends, and $25.0 million for common share repurchases in the open market.

4. 04

   The company said the carrying value of its debt was $890.3 million as of September 30, 2024, below the fair value of $1,489.5 million as of December 31, 2023, and that its weighted average cost of debt for the 9 months was 4.70% (4.28% in the same period last year).

Key figures

Quarter ended September 30, 2024

Revenue

$1.5B

Operating income

$101M

Net income

$55M

EPS

$0.12

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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