Hamilton Lane Incorporated (HLNE)

Financial Services | Asset Management
Income Statement (Quarterly) 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenue 175,958,000 197,972,000 168,261,000 149,999,000
Cost of Revenue 53,515,000 0 39,633,000 42,843,000
Gross Profit 122,443,000 197,972,000 128,628,000 107,156,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 45,468,000 0 52,906,000 39,964,000
Operating Expenses 45,468,000 197,972,000 52,906,000 39,964,000
Operating Income 76,975,000 0 75,775,000 65,755,000
Interest Expense 3,856,000 0 3,866,000 2,704,000
Income Before Tax 95,449,000 0 90,151,000 77,094,000
Income Tax Expense 18,379,000 0 12,696,000 1,172,000
Net Income 53,745,000 50,499,000 52,972,000 54,982,000
Per Share
EPS 1.30 1.24 1.33 1.39
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenue 712,963,000 553,842,000 528,753,000 367,919,000 341,635,000
Cost of Revenue 274,497,000 201,489,000 188,462,000 121,761,000 136,319,000
Gross Profit 438,466,000 352,353,000 340,291,000 246,158,000 205,316,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 120,929,000 103,403,000 100,251,000 76,594,000 49,588,000
Operating Expenses 120,929,000 103,403,000 100,251,000 76,594,000 49,588,000
Operating Income 317,537,000 248,950,000 251,227,000 318,310,000 155,728,000
Interest Expense 13,332,000 11,175,000 8,617,000 4,634,000 2,044,000
Income Before Tax 362,277,000 281,661,000 242,610,000 313,676,000 193,202,000
Income Tax Expense 48,509,000 54,454,000 55,425,000 66,423,000 24,417,000
Net Income 217,417,000 140,858,000 187,185,000 247,253,000 98,022,000
Per Share
EPS 5.42 3.69 5.05 6.77 2.82
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets
Cash and Cash Equivalents 277,273,000 114,634,000 111,748,000 72,174,000
Short Term Investments 0 0 0 0
Net Receivables 197,628,000 116,441,000 54,326,000 53,741,000
Inventory 0 0 185,499,000 1
Total Current Assets 492,490,000 247,133,000 180,695,000 412,812,000
Property Plant Equipment 98,999,000 95,438,000 90,752,000 94,478,000
Goodwill and Intangibles 0 14,150,000 25,417,000 31,699,000
Total Assets 1,690,355,000 1,271,200,000 1,140,543,000 1,294,946,000
Liabilities
Account Payables 5,469,000 4,505,000 4,559,000 2,827,000
Short Term Debt 0 0 25,270,000 9,779,000
Total Current Liabilities 293,160,000 247,370,000 210,033,000 223,429,000
Long Term Debt 368,320,000 275,192,000 292,350,000 253,570,000
Total Liabilities 766,460,000 595,242,000 566,351,000 557,460,000
Shareholders Equity
Retained Earnings 455,511,000 316,696,000 243,823,000 185,149,000
Total Shareholders Equity 717,281,000 525,153,000 415,444,000 346,878,000
Balance Sheet (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Assets
Cash and Cash Equivalents 277,273,000 114,634,000 111,748,000 72,174,000 87,336,000
Short Term Investments 0 0 0 0 0
Net Receivables 197,628,000 116,441,000 54,326,000 53,741,000 31,697,000
Inventory 0 0 185,499,000 1 0
Total Current Assets 492,490,000 247,133,000 180,695,000 412,812,000 404,220,000
Property Plant Equipment 98,999,000 95,438,000 90,752,000 94,478,000 87,692,000
Goodwill and Intangibles 0 14,150,000 25,417,000 31,699,000 0
Total Assets 1,690,355,000 1,271,200,000 1,140,543,000 1,294,946,000 1,136,519,000
Liabilities
Account Payables 5,469,000 4,505,000 4,559,000 2,827,000 2,173,000
Short Term Debt 0 0 25,270,000 9,779,000 0
Total Current Liabilities 293,160,000 247,370,000 210,033,000 223,429,000 225,015,000
Long Term Debt 368,320,000 275,192,000 292,350,000 253,570,000 238,456,000
Total Liabilities 766,460,000 595,242,000 566,351,000 557,460,000 546,318,000
Shareholders Equity
Retained Earnings 455,511,000 316,696,000 243,823,000 185,149,000 87,512,000
Total Shareholders Equity 717,281,000 525,153,000 415,444,000 346,878,000 238,129,000
Cash Flow Statement (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Activities
Net Income 217,417,000 227,207,000 187,185,000 247,253,000
Depreciation & Amortization 9,284,000 8,186,000 7,443,000 5,495,000
Stock Based Compensation 0 12,133,000 9,950,000 7,404,000
Change in Working Capital -60,860,000 -42,357,000 -23,811,000 -26,897,000
Operating Cash Flow 323,516,000 120,852,000 226,589,000 169,523,000
Investing Activities
Capital Expenditure -12,156,000 -11,073,000 -4,747,000 -8,526,000
Investments -12,156,000 -11,073,000 -4,747,000 -8,526,000
Investing Cash Flow -139,811,000 -122,184,000 177,912,000 -70,487,000
Financing Activities
Debt Repayment 93,908,000 -17,500,000 -29,496,000 -16,840,000
Common Stock Issued/Repurchased -2,669,000 198,162,000 -236,844,000 70,347,000
Dividends Paid -119,800,000 -109,278,000 -135,853,000 -97,341,000
Financing Cash Flow -19,618,000 4,399,000 -364,146,000 -113,216,000
Summary
Free Cash Flow 311,360,000 109,779,000 221,842,000 160,997,000
Net Change in Cash 163,985,000 3,067,000 40,355,000 -14,180,000
Cash Flow Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Activities
Net Income 217,417,000 227,207,000 187,185,000 247,253,000 98,022,000
Depreciation & Amortization 9,284,000 8,186,000 7,443,000 5,495,000 4,134,000
Stock Based Compensation 0 12,133,000 9,950,000 7,404,000 7,079,000
Change in Working Capital -60,860,000 -42,357,000 -23,811,000 -26,897,000 29,141,000
Operating Cash Flow 323,516,000 120,852,000 226,589,000 169,523,000 188,158,000
Investing Activities
Capital Expenditure -12,156,000 -11,073,000 -4,747,000 -8,526,000 -19,637,000
Investments -12,156,000 -11,073,000 -4,747,000 -8,526,000 -18,637,000
Investing Cash Flow -139,811,000 -122,184,000 177,912,000 -70,487,000 -421,781,000
Financing Activities
Debt Repayment 93,908,000 -17,500,000 -29,496,000 -16,840,000 -1,406,000
Common Stock Issued/Repurchased -2,669,000 198,162,000 -236,844,000 70,347,000 743,315,000
Dividends Paid -119,800,000 -109,278,000 -135,853,000 -97,341,000 -74,044,000
Financing Cash Flow -19,618,000 4,399,000 -364,146,000 -113,216,000 270,660,000
Summary
Free Cash Flow 311,360,000 109,779,000 221,842,000 160,997,000 168,521,000
Net Change in Cash 163,985,000 3,067,000 40,355,000 -14,180,000 37,167,000