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Ariel Appreciation Fund

CAAPX•NASDAQ
Financial Services
Asset Management
$39.79
$-0.12(-0.30%)
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Financial performance has remained strong, with revenue growing from $433941.00 in Q1 2023 to $2.28M in Q4 2023. Gross profit continued to perform well, with margins at 100% in the latest quarter. Operating income reached $1.88M in Q4 2023, holding a steady 82% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $25.65M. Net income rose to $27.52M, keeping EPS at $3.71. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.

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