MSCI INC (MXB) filed Quarterly Report for the period ended 2011-09-30.
Msci Inc. has a market cap of $2.47 billion; its shares were traded at around $0 with a P/E ratio of 21.2.
This is the annual revenues and earnings per share of MXB over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of MXB.
Highlight of Business Operations:
Total operating revenues for the three months ended September 30, 2011 increased $22.3 million, or 11.0%, to $225.0 million compared to $202.7 million for the three months ended August 31, 2010. The year-over-year growth was comprised of increases in asset based fees of $9.9 million and subscription revenues of $12.4 million. Subscription revenues consist of our revenues related to index and ESG subscriptions, risk management analytics, portfolio management analytics, energy and commodity analytics and governance products. Our revenues are impacted by changes in exchange rates primarily as they relate to the U.S. dollar. Had the U.S. dollar not weakened relative to exchange rates at the beginning of the year, our revenues for the three months ended September 30, 2011 would have been lower by $1.4 million.Asset based fee revenues attributable to the index and ESG products increased 39.4% to $35.0 million for the three months ended September 30, 2011 compared to $25.1 million for the three months ended August 31, 2010. The increase in the asset based fee revenues was primarily driven by the increased average values of assets in ETFs linked to MSCI equity indices. The average value of assets in ETFs linked to MSCI equity indices in the aggregate increased 30.6% to $329.1 billion for the three months ended September 30, 2011 compared to $252.0 billion for the three months ended August 31, 2010 and decreased 7.8% compared to $356.8 billion for the three months ended June 30, 2011. The value of assets in ETFs linked to MSCI equity indices as of September 30, 2011 was $290.1 billion, representing an increase of 12.1% from $258.7 billion as of August 31, 2010 and a 19.5% decrease from $360.5 billion for the three months ended June 30, 2011.
Total operating revenues for the nine months ended September 30, 2011 increased $225.2 million, or 50.1%, to $674.8 million compared to $449.6 million for the nine months ended August 31, 2010. Approximately $169.5 million of the year-over-year growth was comprised of revenues contributed by the acquisitions made during the second half of the year ended November 30, 2010. The remaining $56.2 million of growth was comprised of increases in asset based fees of $32.6 million and subscription revenues of $23.6 million. Our revenues are impacted by changes in exchange rates primarily as they relate
Revenues related to index and ESG products increased $64.7 million, or 27.0%, to $303.9 million for the nine months ended September 30, 2011 compared to $239.2 million for the nine months ended August 31, 2010. Subscription revenues from the index and ESG products were up 19.1% to $194.7 million for the nine months ended September 30, 2011 compared to $163.5 million for the nine months ended August 31, 2010. Approximately $9.3 million of the growth in the subscription revenues from the index and ESG products was comprised of revenues contributed by the acquisitions made during the second half of the year ended November 30, 2010. The remaining $22.0 million increase was attributable to growth primarily in our benchmark products.
Asset based fee revenues attributable to the index and ESG products increased $33.4 million, or 44.1%, to $109.2 million for the nine months ended September 30, 2011 compared to $75.8 million for the nine months ended August 31, 2010. The increase in the asset based fee revenues was primarily driven by the increased average values of assets in ETFs linked to MSCI equity indices. The average value of assets in ETFs linked to MSCI equity indices in the aggregate increased 37.7% to $341.2 billion for the nine months ended September 30, 2011 compared to $247.8 billion for the nine months ended August 31, 2010. The increase in asset based fees products sub-category also includes the impact of $4.3 million of non-recurring revenue recognized during the nine months ended September 30, 2011.







