P10, Inc. (NYSE:PX) Q3 2022 Earnings Call Transcript November 10, 2022 8:30 AM ET
Company Participants
Mark Hood - Executive Vice President of Operations & Investor Relations
Robert Alpert - Chairman & Co-Chief Executive Officer
Fritz Souder - Chief Operating Officer
Clark Webb - Co-Chief Executive Officer
Amanda Coussens - Chief Financial Officer
Conference Call Participants
Ken Worthington - JPMorgan
Michael Cyprys - Morgan Stanley
John Campbell - Stephens
Chris Kotowski - Oppenheimer
Adam Beatty - UBS
Mark Hood
Good morning, and welcome to the P10 Third Quarter 2022 Conference Call. This is Mark Hood, EVP of Operations and Investor Relations. Today, we will be joined by Robert Alpert, Chairman and co-CEO; Clark Webb, co-CEO; Fritz Souder, Chief Operating Officer; and Amanda Coussens, Chief Financial Officer.
Before we begin, I'd like to remind everyone that this conference call, as well as the presentation slides, may constitute forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, Section 21-E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.
Forward-looking statements reflect management's current plans, estimates, and expectations, and are inherently uncertain. Actual results for future periods may differ materially from those expressed or implied by these forward-looking statements due to a number of risks or other factors that are described in greater detail under risk factors in our Annual Report on Form 10-K for the year ended December 31st, 2021, filed with the SEC on March 21st, 2022, and in our subsequent reports filed from time-to-time with the SEC.
The forward-looking statements included are made only as of the date hereof, we undertake no obligation to update or revise any forward-looking statements as a result of new information or future events, except as otherwise required by law.
I will now turn the call over to Robert.
Robert Alpert
Good morning, and thank you for joining the call. Before we provide the quarterly update I think it is important to recognize that P10 recently celebrated its 1-year anniversary as a public company. We have successfully navigated a challenging macro environment and delivered on the road map we presented investors before going public: double-digit organic growth; a predictable and differentiated business model with revenue based on management fees from long-term committed capital; strong free cash flow; tax assets that shield the pre-tax income; and the acquisition of a market-leading vertical that we think has extraordinary potential.