Hamilton Lane INC

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Revenues
Compensation and benefits $72.1m $82.9m $97.7m $98.5m $136.3m $129.2m $198.4m $204.0m $274.5m $299.6m
General, administrative and other $31.6m $38.2m $50.2m $59.1m $49.2m $69.2m $90.3m $104.0m $121.9m $134.5m
Equity in income of investees $12.8m $17.1m $7.2m $20.2m $32.4m $483k $1.5m $1.6m $1.6m $1.5m
Interest income $320k $528k $255k $709k $1.7m $500k $1.8m $5.4m $8.1m $13.3m
Non-operating gain (loss), net $83k $5.0m $20.9m $6.2m $5.9m $64.5m ($5.2m) ($2.5m) $8.4m $2.5m
Net gain on investments $3.0m $11.9m $83.8m
Less: Income attributable to non-controlling interests $73.8m $89.0m $65.4m $66.0m $69.5m $96.9m $78.1m $86.3m $96.4m $138.5m
Income before income taxes $74.8m $139.6m $129.6m $140.7m $193.2m $313.7m $242.6m $281.7m $362.3m $462.9m
Net income $74.4m $106.3m $99.0m $126.8m $168.8m $247.3m $187.2m $227.2m $313.8m $387.7m
Net income attributable to Hamilton Lane Incorporated $612k $17.3m $33.6m $60.8m $98.0m $146.0m $109.1m $140.9m $217.4m $249.2m
Basic earnings per share of Class A common stock (in dollars per share) $0.03 $0.94 $1.41 $2.17 $2.82 $4.02 $3.05 $3.72 $5.45 $5.99
Diluted earnings per share of Class A common stock (in dollars per share) $0.03 $0.93 $1.40 $2.15 $2.81 $3.98 $3.01 $3.69 $5.41 $5.92
Dividends declared per share of Class A common stock (in dollars per share) $0.00 $0.70 $0.85 $1.10 $1.25 $1.40 $1.60 $1.78 $1.96 $2.16
Interest expense ($14.6m) ($6.0m) ($3.0m) ($2.8m) ($2.0m) ($4.6m) ($8.6m) ($11.2m) ($13.3m) ($15.0m)
Income tax expense $316k $33.3m $30.6m $14.0m $24.4m $66.4m $55.4m $54.5m $48.5m $75.2m
Total expenses $103.7m $121.1m $148.0m $157.6m $185.9m $198.4m $288.7m $308.0m $396.4m $434.1m
Total other income (expense) ($1.4m) $16.7m $25.3m $24.3m $37.5m $144.1m $2.6m $35.8m $45.7m $138.0m