Bridge Investment Group Holdings Inc. reported its financial results for the quarter ended March 31, 2025.
Net (Loss) was $(37.6) million for the quarter ended March 31, 2025. On a basic and diluted basis, net (loss) attributable to Bridge per share of Class A common stock was a loss of $(0.37) for the quarter ended March 31, 2025.
Fee Related Earnings to the Operating Company were $24.6 million for the quarter ended March 31, 2025.
Distributable Earnings of Bridge Investment Group Holdings LLC (the “Operating Company”) were $17.0 million, or $0.09 per share after-tax, for the quarter ended March 31, 2025.
No Quarterly Common Dividend
The Company did not declare a quarterly dividend for the quarter ended March 31, 2025. In accordance with its merger agreement with Apollo Global Management Inc. (“Apollo”), the Company expects to declare and pay a final dividend to the stockholders of the Company in respect of any tax distributions made by the Company prior to the closing of the transactions with Apollo (as described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission on March 7, 2025).
Additional Information
The Company issued a full detailed presentation of its first quarter 2025 results, which can be viewed on the Investors section of our website at www.bridgeig.com. The presentation is titled “First Quarter 2025 Earnings Presentation.”
Conference Call and Webcast Information
In light of the pending merger transaction with Apollo, the Company will not be holding a first quarter 2025 earnings conference call and webcast.
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