Sector: Financials | Industry: Investment Banking & Brokerage Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 399 Park Avenue, 5Th Floor NEW YORK NY 10022 |
Tel: | N/A |
Website: | https://www.moelis.com |
IR: | See website |
Key People | ||
Kenneth D. Moelis Chairman of the Board, Chief Executive Officer | Navid A. Mahmoodzadegan Co-President, Co-Founder, Managing Director | Jeffrey Raich Co-President, Co-Founder, Managing Director |
Joseph Simon Chief Financial Officer | Kate Pilcher Ciafone Chief Operating Officer | Osamu R. Watanabe General Counsel, Secretary | Eric Cantor Managing Director |
Business Overview |
Moelis & Company is a global independent investment bank that provides strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Company assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across various industry sectors. It advises clients on their critical decisions, including mergers and acquisitions (M&A), recapitalizations and restructurings, capital markets transactions, private fund raisings and secondary transactions and other corporate finance matters. It has an M&A and strategic advisory franchise advising clients on mergers, acquisitions, sales and divestitures, special committee assignments and shareholder defense. For its clients seeking capital market solutions, it also acts as placement agent, advisor, or bookrunner on a range of capital raising mandates and provides general capital markets advice. It serves its clients from 23 locations. |
Financial Overview |
For the fiscal year ended 31 December 2023, Moelis & Co revenues decreased 13% to $854.7M. Net loss totaled $24.7M vs. income of $150.3M. Revenues reflect United States segment decrease of 13% to $675.7M, Europe segment decrease of 15% to $111.8M. Net loss reflects Compensation and benefits increase of 16% to $714.7M (expense), Professional fees increase of 56% to $32.8M (expense). Dividend per share remained flat at $2.40. |
Employees: | 1,161 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,854M as of Dec 31, 2023 |
Annual revenue (TTM): | $854.75M as of Dec 31, 2023 |
EBITDA (TTM): | -$32.04M as of Dec 31, 2023 |
Net annual income (TTM): | -$24.70M as of Dec 31, 2023 |
Free cash flow (TTM): | -$40.38M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 71,164,817 as of Feb 7, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |