General American Investors (GAM) Financial Statements
Price: $48.57
Market Cap: $1.14B
Avg Volume: 27.40K
Market Cap: $1.14B
Avg Volume: 27.40K
Country: US
Industry: Asset Management
Sector: Financial Services
Industry: Asset Management
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of General American Investors .
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $251.67M | $288.94M | $-164.69M | $308.40M | $89.04M | $309.92M | $-59.10M | $184.53M | $97.72M | $61.68M |
| Cost of Revenue | $- | $- | $10.72M | $12.98M | $10.33M | $11.32M | $10.60M | $11.04M | $10.75M | $11.11M |
| Gross Profit | $251.67M | $288.94M | $-175.41M | $295.42M | $78.71M | $298.60M | $-69.70M | $173.49M | $86.97M | $50.57M |
| Gross Profit Ratio | 100.00% | 100.00% | 106.51% | 95.79% | 88.39% | 96.35% | 117.93% | 94.02% | 89.00% | 81.99% |
| Research and Development Expenses | $- | $- | $7.12M | $8.99M | $6.77M | $7.53M | $-1 | $1 | $1 | $- |
| General and Administrative Expenses | $5.48M | $14.98M | $12.07M | $14.29M | $11.61M | $12.59M | $12.24M | $13.40M | $12.92M | $11.95M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.70M |
| Selling General and Administrative Expenses | $5.48M | $14.98M | $12.07M | $14.29M | $11.61M | $12.59M | $12.24M | $13.40M | $12.92M | $13.65M |
| Other Expenses | $735.43K | $- | $517.88K | $505.17K | $466.63K | $460.27K | $367.61K | $387.89K | $383.48K | $-78.98M |
| Operating Expenses | $6.22M | $15.53M | $12.59M | $14.79M | $12.07M | $13.05M | $12.60M | $13.79M | $13.30M | $78.98M |
| Cost and Expenses | $6.22M | $24.72M | $12.59M | $14.79M | $12.07M | $13.05M | $12.60M | $13.79M | $13.30M | $90.09M |
| Interest Income | $6.64M | $8.40M | $2.28M | $11.71K | $484.48K | $2.46M | $1.52M | $1.34M | $244.63K | $- |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $157.04K | $- | $225.22M | $-185.66M | $13.20M | $-214.72M | $151.75M | $-56.55M | $28.62M | $-13.73M |
| EBITDA | $- | $- | $47.95M | $- | $76.97M | $82.16M | $- | $- | $84.42M | $-28.41M |
| EBITDA Ratio | 0.00% | 0.00% | -29.12% | 0.00% | 86.44% | 26.51% | 0.00% | 0.00% | 86.39% | -46.06% |
| Operating Income | $245.46M | $273.40M | $-177.27M | $293.61M | $76.97M | $296.88M | $-71.70M | $170.73M | $84.42M | $-28.41M |
| Operating Income Ratio | 97.53% | 94.62% | 107.64% | 95.20% | 86.44% | 95.79% | 121.33% | 92.53% | 86.39% | -46.06% |
| Total Other Income Expenses Net | $- | $6.65K | $- | $- | $- | $- | $- | $- | $- | $-1 |
| Income Before Tax | $245.46M | $273.40M | $-177.27M | $293.61M | $76.97M | $296.88M | $-71.70M | $170.73M | $84.42M | $-28.41M |
| Income Before Tax Ratio | 97.53% | 94.62% | 107.64% | 95.20% | 86.44% | 95.79% | 121.33% | 92.53% | 86.39% | -46.06% |
| Income Tax Expense | $- | $- | $5.50M | $11.31M | $11.31M | $8.22M | $-161.14K | $170.73M | $84.42M | $13.73M |
| Net Income | $245.46M | $273.40M | $-177.27M | $293.61M | $76.97M | $296.88M | $-71.70M | $170.73M | $84.42M | $-28.41M |
| Net Income Ratio | 97.53% | 94.62% | 107.64% | 95.20% | 86.44% | 95.79% | 121.33% | 92.53% | 86.39% | -46.06% |
| EPS | $0.00 | $11.67 | $-11.10 | $16.80 | $3.76 | $16.29 | $-2.39 | $6.20 | $3.42 | $-1.00 |
| EPS Diluted | $10.81 | $11.04 | $-11.10 | $16.80 | $3.76 | $16.29 | $-2.39 | $6.20 | $3.42 | $-1.00 |
| Weighted Average Shares Outstanding | - | 22.46M | 15.98M | 16.80M | 17.48M | 17.53M | 29.97M | 25.71M | 21.38M | 28.30M |
| Weighted Average Shares Outstanding Diluted | 21.66M | 23.73M | 15.98M | 16.80M | 17.48M | 17.53M | 29.97M | 25.71M | 21.38M | 28.30M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $69.60K | $117.47K | $182.25K | $-4.03M | $-4.53M | $-5.01M | $3.44M | $14.78M | $14.77M | $3.85M |
| Short Term Investments | $- | $1.01M | $1.34M | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $69.60K | $1.13M | $182.25K | $-4.03M | $-4.53M | $-5.01M | $3.44M | $14.78M | $14.77M | $3.85M |
| Net Receivables | $11.69M | $5.82M | $3.83M | $1.65M | $1.13M | $5.24M | $5.10M | $8.80M | $6.15M | $2.20M |
| Inventory | $- | $- | $-1.34M | $1.65M | $1.13M | $5.24M | $-1.11B | $-1.29B | $-1.24B | $- |
| Other Current Assets | $-11.69M | $- | $3.43M | $-1.65M | $-1.13M | $3.51M | $2.00M | $1.05M | $597.68K | $4.75M |
| Total Current Assets | $69.60K | $6.95M | $4.01M | $-2.38M | $-3.40M | $229.62K | $8.54M | $8.80M | $6.15M | $6.96M |
| Property Plant Equipment Net | $2.40M | $2.98M | $3.52M | $4.03M | $4.53M | $5.01M | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $-15.14M | $-1.50B | $-1.31B | $-1.29B | $- | $- | $- | $- |
| Long Term Investments | $1.53B | $1.42B | $1.23B | $1.48B | $1.29B | $1.28B | $1.09B | $1.26B | $1.22B | $1.27B |
| Tax Assets | $- | $- | $1.25B | $1.50B | $1.31B | $1.29B | $1.11B | $1.28B | $1.23B | $- |
| Other Non-Current Assets | $-1.53B | $9.58M | $-1.24B | $-4.03M | $-4.53M | $-5.01M | $-1.11B | $-1.28B | $-1.23B | $2.00M |
| Total Non-Current Assets | $1.56B | $1.43B | $1.24B | $1.48B | $1.29B | $1.28B | $1.09B | $1.26B | $1.22B | $1.27B |
| Other Assets | $1.56B | $3.65M | $11.12M | $21.47M | $17.81M | $17.60M | $10.37M | $5.81M | $2.94M | $- |
| Total Assets | $1.56B | $1.44B | $1.25B | $1.50B | $1.31B | $1.29B | $1.11B | $1.28B | $1.23B | $1.28B |
| Account Payables | $369.77K | $1.60M | $1.84M | $2.87M | $8.01M | $1.72M | $2.16M | $3.31M | $2.80M | $5.36M |
| Short Term Debt | $- | $663.00K | $631.00K | $624.00K | $624.00K | $624.00K | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $-369.77K | $- | $-2.47M | $-3.50M | $-8.63M | $-2.35M | $-2.16M | $-3.31M | $-2.80M | $8.81M |
| Total Current Liabilities | $- | $2.27M | $1.84M | $2.87M | $8.01M | $1.72M | $2.16M | $3.31M | $2.80M | $14.17M |
| Long Term Debt | $- | $2.32M | $- | $7.43M | $8.43M | $9.39M | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $21.18M | $23.90M | $28.83M | $23.11M | $21.36M | $15.83M | $15.37M | $- |
| Deferred Tax Liabilities Non-Current | $- | $2.98M | $3.52M | $4.03M | $4.53M | $5.01M | $-21.36M | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $-11.46M | $-12.95M | $-14.40M | $- | $- | $- | $19.68M |
| Total Non-Current Liabilities | $- | $5.30M | $1.84M | $4.03M | $4.53M | $5.01M | $2.16M | $7.03M | $9.22M | $19.68M |
| Other Liabilities | $18.59M | $13.75M | $207.61M | $16.99M | $16.30M | $16.38M | $17.04M | $5.50M | $3.35M | $-14.17M |
| Total Liabilities | $18.59M | $21.32M | $211.30M | $23.90M | $28.83M | $23.11M | $21.36M | $15.83M | $15.37M | $19.68M |
| Preferred Stock | $190.04M | $190.04M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M |
| Common Stock | $23.47M | $23.73M | $23.98M | $24.39M | $24.73M | $24.75M | $25.98M | $26.45M | $27.22M | $28.30M |
| Retained Earnings | $992.86M | $859.85M | $657.57M | $880.94M | $675.94M | $670.11M | $442.39M | $-2.61M | $-2.17M | $-92.81K |
| Accumulated Other Comprehensive Income Loss | $- | $1.53M | $175.04K | $1.17M | $-3.61M | $-4.41M | $1.09B | $1.26B | $1.21B | $528.79M |
| Other Total Stockholders Equity | $339.66M | $347.92M | $359.21M | $376.07M | $390.69M | $391.03M | $428.42M | $451.84M | $477.80M | $-23.22M |
| Total Stockholders Equity | $1.55B | $1.42B | $1.04B | $1.47B | $1.28B | $1.27B | $1.09B | $1.26B | $1.21B | $1.26B |
| Total Equity | $1.55B | $1.34B | $972.65M | $1.48B | $1.28B | $1.28B | $1.08B | $1.26B | $1.21B | $1.26B |
| Total Liabilities and Stockholders Equity | $1.56B | $1.44B | $1.25B | $1.50B | $1.31B | $1.29B | $1.11B | $1.28B | $1.23B | $1.28B |
| Minority Interest | $- | $-79.34M | $-68.51M | $4.03M | $4.53M | $5.01M | $-3.44M | $- | $- | $- |
| Total Liabilities and Total Equity | $1.56B | $1.44B | $1.25B | $1.50B | $1.31B | $1.29B | $1.11B | $1.28B | $1.23B | $1.28B |
| Total Investments | $1.53B | $1.42B | $1.23B | $1.48B | $1.29B | $1.28B | $1.09B | $1.26B | $1.22B | $1.27B |
| Total Debt | $- | $2.98M | $3.52M | $4.03M | $4.53M | $5.01M | $5.48M | $1.05M | $597.68K | $- |
| Net Debt | $-69.60K | $2.87M | $3.34M | $8.06M | $9.05M | $10.02M | $2.04M | $-13.73M | $-14.17M | $-3.85M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $273.40M | $-177.27M | $293.61M | $76.97M | $296.88M | $-71.70M | $170.73M | $84.42M | $-28.41M | $83.85M |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non Cash Items | $-273.40M | $177.27M | $-293.61M | $-76.97M | $-296.88M | $71.70M | $-170.73M | $-84.42M | $28.41M | $-83.85M |
| Net Cash Provided by Operating Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $10.30M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash at End of Period | $82.32M | $- | $- | $- | $3.44M | $- | $- | $- | $- | $- |
| Cash at Beginning of Period | $72.02M | $- | $- | $- | $3.44M | $- | $- | $- | $- | $- |
| Operating Cash Flow | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |