Discontinued — last reported Q4 '22
Ares Management Corporation Strategic Initiatives — General, administrative and other expenses increased by 34.8% to $2.00M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 8.9%, from $2.20M to $2.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Increasing costs relative to revenue may signal operational inefficiency; decreasing costs suggest better scale.
Covers the overhead costs, including office space, technology, professional fees, and other operational expenses allocat...
Standard operating expense category for business segments.
ares_segment_strategic_initiatives_general_administrative_and_other_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $1.77M | $1.77M | $2.20M | $1.73M | $2.36M | $1.49M | $2.00M |
| QoQ Change | — | +0.2% | +23.9% | -21.5% | +36.9% | -37.1% | +34.8% |
| YoY Change | — | — | — | — | +33.4% | -16.2% | -8.9% |