GP Investments, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 07:15 pm EDT
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GP Investments, Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was BRL 309.07 million compared to negative revenue of BRL 101.14 million a year ago. Net income was BRL 130.51 million compared to net loss of BRL 43.98 million a year ago. Basic earnings per share from continuing operations was BRL 1.37 compared to basic loss per share from continuing operations of BRL 0.4 a year ago. Diluted earnings per share from continuing operations was BRL 1.21 compared to diluted loss per share from continuing operations of BRL 0.4 a year ago.
GP Investments, Ltd. is a Bermuda-based private equity and alternative investment company. The Companyâs operations comprise private equity, real estate and direct investment activities, including the management of limited partnerships. Its segments include private equity and real estate. In the private equity business, it invests to acquire control or joint control with the original owners with the objective of lead the invested company. In real estate business, it invests primarily at the asset level, directly in projects in the residential, office and retail segments. Its investment portfolio includes Spice Private Equity Ltd., Grupo SBF, BR Properties, and 2TM Group. It invests in approximately 15 sectors, such as industry, health services, mobile resource management, retail, logistics, real estate/shopping malls, Internet and technology, hotel, telecommunication, utilities, education, entertainment/restaurants, consumer goods, human resources (HR) services, and oil and gas.
GP INVESTMENTS, LTD. 
