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Horizon Kinetics Holding (HKHC) reported Q3 2024 financial results, highlighting revenue growth to $15.4 million, up 20.6% year-over-year. The company's assets under management (AUM) grew to $8.3 billion, largely driven by a 21% quarterly increase in Texas Pacific Land value. The Board declared a quarterly dividend of $0.053 per share. Despite revenue growth, the company recorded a net loss of $38.2 million, primarily due to a $59.7 million non-cash deferred income tax expense related to its conversion from to C-Corp status.
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