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RHLD

Resolute Holdings Management, Inc.

RHLD

Resolute Holdings Management, Inc. • NASDAQ
$177.64 ▼ -3.98% (-7.36)
Market Cap $1.51 B
52w High $191.46
52w Low $24.22
Dividend Yield 0%
P/E -0.65
Volume 29.16K
Outstanding Shares 8.53M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $120.865M ▲ $29.872M ▲ $39.406M ▲ 32.603% ▲ $-0.03 ▲ $58.651M ▲
Q2-2025 $119.592M ▲ $28.167M ▼ $-611K ▲ -0.511% ▲ $-0.07 ▲ $44.313M ▲
Q1-2025 $103.889M ▲ $28.926M ▲ $-3.366M ▼ -3.24% ▼ $-0.39 ▲ $28.84M ▼
Q4-2024 $100.859M ▼ $14.928M ▼ $107.221M ▲ 106.308% ▲ $-274.98 ▼ $44.427M ▲
Q3-2024 $107.135M $22.561M $27.838M 25.984% $3.28 $35.574M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $147.974M ▲ $293.173M ▲ $251.592M ▲ $10.831M ▲
Q2-2025 $99.862M ▲ $253.291M ▲ $249.15M ▲ $9.611M ▲
Q1-2025 $71.017M ▲ $214.288M ▲ $238.294M ▼ $8.869M ▲
Q4-2024 $98K ▼ $24.653M ▼ $814.112M ▲ $-789.459M ▼
Q3-2024 $44.815M $231.59M $379.082M $-147.492M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $39.406M ▲ $59.591M ▲ $-50.407M ▼ $-10.799M ▲ $-1.615M ▼ $59.438M ▲
Q2-2025 $38.297M ▲ $48.92M ▲ $-1.642M ▼ $-18.433M ▼ $28.845M ▲ $47.278M ▲
Q1-2025 $22.615M ▼ $18.368M ▼ $-1.156M ▲ $-17.784M ▲ $-572K ▼ $17.212M ▼
Q4-2024 $28.132M ▼ $53.656M ▲ $-4.434M ▼ $-22.448M ▼ $26.774M ▲ $50.722M ▲
Q3-2024 $31.456M $32.444M $-1.984M $-18.011M $9.424M $30.46M

Five-Year Company Overview

Income Statement

Income Statement Resolute shows a young but fairly healthy income profile. Revenue has been climbing steadily each year, and profitability at the operating level has improved alongside it. Gross and operating margins look relatively strong for an asset-light manager, suggesting good discipline on costs. Net income has been positive in most recent years, but the pattern is a bit uneven, which is common for a newer, deal-driven business. The very large swings in earnings per share likely reflect changes in share count and SPAC-related structure rather than underlying business volatility alone, so the per-share figures need extra caution when interpreting trends.

Balance Sheet

Balance Sheet The balance sheet is the main area that stands out as a concern. The company runs with meaningful debt and, most recently, a negative equity position. That signals a leveraged capital structure and leaves less of a cushion against shocks. Cash has been building over time but still represents only a modest fraction of total assets. Overall, the balance sheet looks tight rather than conservative, which can amplify both upside and downside if business conditions change or if acquisitions do not perform as planned.

Cash Flow

Cash Flow Cash generation looks better than the balance sheet. Operating cash flow has been consistently positive and has grown over recent years, and free cash flow has closely tracked that trend. Capital spending is very light, reinforcing the asset-light nature of the model. This combination—solid cash inflow with low reinvestment needs—supports the idea that the business can fund itself, but the reliance on debt in the capital structure still limits flexibility and needs to be watched alongside cash metrics.

Competitive Edge

Competitive Edge Resolute is trying to differentiate itself in a crowded asset management field by focusing on hands-on operational improvement rather than just capital allocation. Its long-term management contracts, fee-based and relatively recurring, create a more predictable revenue base once agreements are in place. The leadership team brings a strong operating track record, which is a key part of the story and a real draw for potential partner companies. On the other hand, the company is small, heavily tied to a limited number of managed businesses, and still early in building a diversified portfolio. This concentration, combined with dependence on a few key executives, makes its competitive position promising but not yet fully proven.

Innovation and R&D

Innovation and R&D Instead of traditional technology R&D, Resolute focuses on process and management innovation through its Resolute Operating System. This system applies lean and continuous-improvement methods to portfolio companies, aiming to lift both growth and margins. The approach is structured and repeatable in theory, which could become a real edge if consistently executed across more companies. However, the market has limited concrete, long-term case studies so far, so the true strength of this “operating system” will be judged over time by the performance of CompoSecure, the planned Husky combination, and any future additions.

Summary

Resolute is an emerging, operationally focused asset manager with growing revenue, improving profitability, and solid free cash flow, but paired with a stretched balance sheet and a short public track record. Its model—long-term management agreements, deep operational involvement, and an asset-light structure—has clear appeal and could scale well if it continues to win mandates and execute on acquisitions. The main things to watch are: how successfully it diversifies beyond its initial relationships, whether the Resolute Operating System delivers consistent improvements at managed companies, and how it manages leverage and capital structure as it grows. The opportunity is tied tightly to execution quality and leadership, with both meaningful upside potential and notable financial and concentration risks.

NEWS

November 3, 2025 · 5:00 AM UTC

Resolute Holdings Reports Third Quarter 2025 Results

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September 8, 2025 · 4:05 PM UTC

Resolute Holdings to Move Stock Exchange Listing to NYSE

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