Q1 2025 DigitalBridge Group Inc Earnings Call Transcript
Key Points
- DigitalBridge Group Inc (DBRG) delivered strong financial performance with solid revenue and earnings growth in the first quarter, including fee revenues of $90 million and FRE of $35 million, up almost 80% year over year.
- The company successfully raised $1.2 billion in the quarter, primarily through commitments to its flagship DigitalBridge partner strategy.
- DigitalBridge Group Inc (DBRG) supported ZAO's $4.5 billion acquisition of Crown Castle's fiber business, an accretive transaction that lowers the effective entry multiple and positions the company for improved returns.
- The company has a robust pipeline of $13 billion in new loan origination opportunities, indicating strong future growth potential in its private credit business.
- DigitalBridge Group Inc (DBRG) maintains a strong balance sheet with approximately $1.5 billion of corporate assets and no debt maturities within the next 12 months, providing material liquidity and flexibility.
- Some final fundraising decisions are being delayed by LPs due to uncertain market conditions, which could impact the timing of capital deployment.
- The company experienced a $5 million reversal of carried interest during the quarter due to net increases in the fair value of portfolio assets coming in slightly below the preferred return hurdle.
- Market volatility and trade tariff policies are impacting the business environment, potentially affecting new business and incremental CapEx at the portfolio company level.
- There is a significant amount of committed capital that has not yet commenced generating management fees, which could delay revenue recognition.
- DigitalBridge Group Inc (DBRG) trades at a significant discount to its peer group, indicating a potential disconnect between market perception and company performance.
Greetings and welcome to the DigitalBridge Group Inc first quarter 2025 earnings call. At this time, all participants earn a listen-only mode.
A question and answer session will follow the formal presentation.
If anyone should require operator assistance during the conference, please press 0 on your telephone keypad.
As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Severin White, Please go ahead.
Good morning everyone and welcome to DigitalBridge's first quarter 2025 earnings conference call. Speaking on the call today from the company is Marc Ganzi, our CEO, and Thomas Mayrhofer, our CFO. I'll quickly cover the safe harbor. Some of the statements that we make today regarding our business operations and financial performance may be considered forward-looking, and such statements involve a number of risks and uncertainties that could cause actual results to differ materially.
All information
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
