Resolute Holdings Management (NYSE:RHLD) reported a net loss for its first full fiscal year as a standalone public company, a period marked by its strategic separation from GPGI and the foundational build-out of its asset management platform.
The New York-based company posted a GAAP net loss attributable to common stockholders of $5.923 million for the year ended Dec. 31, 2025, resulting in a diluted loss of $0.69 per share.
The results reflect the significant overhead associated with establishing the firm's independent infrastructure, with selling, general, and administrative expenses totaling $17.567 million for the year.
Management fees, the company’s primary revenue engine, came in at $12.278 million.
On a non-GAAP basis, which management argues better reflects the recurring economics of its business model, Resolute reported Fee-Related Earnings (FRE) of $0.916 million, or $0.11 per share.