Attached files
| file | filename |
|---|---|
| EX-99.6 - EXHIBIT 99.6 - MORGAN GROUP HOLDING CO | ex99_6.htm |
| EX-99.5 - EXHIBIT 99.5 - MORGAN GROUP HOLDING CO | ex99_5.htm |
| EX-99.3 - EXHIBIT 99.3 - MORGAN GROUP HOLDING CO | ex99_3.htm |
| EX-99.2 - EXHIBIT 99.2 - MORGAN GROUP HOLDING CO | ex99_2.htm |
| EX-99.1 - EXHIBIT 99.1 - MORGAN GROUP HOLDING CO | ex99_1.htm |
| 8-K/A - 8-K/A - MORGAN GROUP HOLDING CO | form8ka.htm |
Exhibit 99.4
SELECTED HISTORICAL FINANCIAL DATA
The selected historical financial data presented below has been derived in part from, and should be read in conjunction with “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” contained in Exhibit 99.1 to the Form 8-K and Exhibit 99.2 to this amendment to Form 8-K and G.research’s financial statements and the notes thereto beginning on page F-1 contained in Exhibit 99.1 to the Form 8-K
and in Exhibit 99.1 to this amendment to Form 8-K. Amounts included in the tables related to income statement data and balance sheet data are derived from G.research’s audited financial statements for the years ended December 31, 2018 and 2017 and
from G.research’s unaudited condensed consolidated financial statements for the nine months ended September 30, 2019 and 2018.
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Nine Months Ended September 30,
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Year Ended December 31,
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||||||||||||||
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2019
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2018
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2018
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2017
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||||||||||||
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Income Statement Data (in thousands)
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||||||||||||||||
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Revenues
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||||||||||||||||
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Commission income
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$
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4,550
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$
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4,432
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$
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6,155
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$
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7,517
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||||||||
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Fees earned from affiliated entities
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1,128
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1,649
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2,030
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4,530
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||||||||||||
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Principal transactions
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(8
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)
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(13,576
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)
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(22,303
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)
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2,896
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|||||||||
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Dividends and interest
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158
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727
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1,891
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422
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Underwriting fees
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75
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19
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103
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175
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Sales manager fees
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591
|
100
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16
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40
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||||||||||||
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Other revenues
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37
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15
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23
|
99
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||||||||||||
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Total revenues
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6,531
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(6,634
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)
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(12,085
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)
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15,679
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||||||||||
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Expenses:
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||||||||||||||||
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Compensation and related costs
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6,955
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8,769
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10,864
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13,872
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||||||||||||
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Clearing charges
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934
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1,014
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1,313
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1,963
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||||||||||||
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General and administrative expenses
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712
|
800
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1,273
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1,531
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||||||||||||
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Occupancy equipment
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667
|
800
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805
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764
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||||||||||||
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Total expenses
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9,268
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11,383
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14,255
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18,130
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||||||||||||
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Loss before income tax benefit
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(2,737
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)
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(18,017
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)
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(26,340
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)
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(2,451
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)
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||||||||
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Income tax benefit
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(596
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)
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(4,403
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)
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(6,103
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)
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(786
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)
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Net Loss attributable to G.research, LLC’s member
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$
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(2,141
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)
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$
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(13,614
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)
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$
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(20,237
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)
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$
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(1,665
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)
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||||
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Balance Sheet Data (in thousands)
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September 30,
2019
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December 31,
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||||||||||
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2018
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2017
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|||||||||||
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Cash, cash equivalents and investments
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$
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5,411
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$
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11,201
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$
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116,102
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||||||
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Total assets
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6,224
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12,247
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117,567
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|||||||||
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Total liabilities
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1,484
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2,066
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1,542
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|||||||||
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Total member’s capital
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$
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4,740
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$
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10,181
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$
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116,025
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