RHLDNYSEFinance ServicesUS GAAP · USD

Resolute Holdings Management, Inc.

Resolute Holdings Management, Inc. is a U.S.-based management company organized to provide operating management services to businesses it controls or manages, with a focus on generating recurring management fees. It was formed in 2024 and is structured to support operating companies in the United States and internationally through its Resolute Operating System and capital allocation expertise.

Revenue462m USD
+9.9 %y/y
Operating profit (EBIT)143m USD
+13.2 %y/y
EBIT margin31.0%
+0.9 ppy/y
Net income-5.9m USD
−153.8 %y/y
Free cash flow189m USD
+30.8 %y/y

Fiscal year 2025 · change from previous year

Development 2024–2025

0100200300400500m USD2024: 421 m USD2024: EBIT 127 m USD20242025: 462 m USD2025: EBIT 143 m USD2025462143
RevenueOperating profit (EBIT)

Business

Share of revenue
Operating management services70 %

Management and operating support provided to portfolio companies under long-term agreements.

Management fee revenue20 %

Recurring fees earned from managing controlled businesses and related entities.

Strategic and capital markets support10 %

M&A, financing, and capital allocation support provided to managed businesses.

Products

Reported · share of revenue
99.7%FY2025100 %
  • Products99.7 %
  • Bill and Hold Products0.3 %

Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Resolute Holdings' direct customers are the businesses it manages, including GPGI Holdings and Husky Holdings, rather than end consumers. Those managed companies operate in industrial and payments-related markets, and they rely on Resolute for operating discipline, strategic oversight, and capital allocation support.

GPGI Holdings / CompoSecure business

Pays management fees and receives operating support for premium metal cards and authentication solutions.

Husky Holdings

Receives management services and strategic support for injection molding equipment and aftermarket services.

Future managed portfolio companies

Potential additional businesses that could be brought under management agreements.

Strategy

Resolute Holdings is focused on expanding recurring management-fee streams by managing additional businesses over time. Its strategy combines operational playbooks, M&A execution, and capital markets expertise to improve the businesses it manages and increase the scale of the platform.

Expand the managed-company platformMedium term

More managed businesses can increase recurring fee revenue and diversify the platform.

Drive operating improvement at managed businessesShort term

Better execution at portfolio companies supports value creation and fee durability.

Support inorganic growth and capital allocationMedium term

M&A and financing support can accelerate scale and strategic positioning.

Geography

Q1/2026

Resolute Holdings is based in the United States and manages businesses that operate both domestically and internationally. The company’s exposure is therefore tied to the geographic footprint of its managed businesses, including manufacturing, sourcing, and customer demand across North America and overseas markets.

North America49 %
Europe, Middle East and Africa28 %
Asia Pacific11 %
Latin America6.0 %
Other countries (US filing)5.7 %

Share of the revenue the company reports by geography.

Risks

Resolute Holdings depends on the performance of its managed businesses, so customer retention, product development, supply chain continuity, and regulatory issues at those companies can affect management-fee income. The company also faces execution risk from integrating new managed businesses, as well as exposure to macroeconomic, trade, and financing conditions that can influence demand and capital allocation.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Dependence on managed business performance1Customer retention and new product execution at CompoSecure2Supply chain and manufacturing disruption3Regulatory change in digital assets and authentication4Tariffs and trade policy5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Dependence on managed business performanceImpact: HighLikelihood: Medium

    Management fees and platform value are tied to the operating results of portfolio companies.

    Exposure: GPGI Holdings and Husky Holdings

  2. Customer retention and new product execution at CompoSecureImpact: HighLikelihood: Medium

    Loss of customers or delayed product launches can reduce demand and weaken the managed business.

    Exposure: CompoSecure business

  3. Supply chain and manufacturing disruptionImpact: MediumLikelihood: Medium

    The businesses rely on suppliers and production processes that can be interrupted.

    Exposure: Manufacturing and sourcing operations

  4. Regulatory change in digital assets and authenticationImpact: MediumLikelihood: Medium

    Arculus-related offerings depend on evolving rules and third-party service providers.

    Exposure: Digital asset marketplace

  5. Tariffs and trade policyImpact: MediumLikelihood: Medium

    Imported inputs and international operations can be affected by changing trade restrictions.

    Exposure: United States and international sourcing

Accounting

Judgemental items
Variable interest entity consolidation

Resolute Holdings consolidates GPGI Holdings under ASC 810, which affects reported revenue, assets, and liabilities.

Impact: Can materially change the size and composition of the financial statements

Revenue recognition and rebate estimates

Product sales and management-fee arrangements require judgment around discounts, allowances, and timing.

Impact: Affects net sales and gross margin presentation

Derivative valuation and exchangeable notes

Fair value models are used for derivative liabilities and related instruments.

Impact: Can create quarter-to-quarter earnings volatility

Inventory reserves

Obsolete and excess inventory estimates affect cost of sales and asset values.

Impact: Important for manufacturing businesses in the group

Equity-based compensation

Stock-based awards require valuation assumptions and can affect operating expenses.

Impact: Impacts reported compensation expense

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026