Hamilton Lane (HLNE) FY2022 results: revenue $368 million, up 7.7% on the year
Hamilton Lane Inc. (HLNE) reported revenue of $368 million for fiscal 2022, the year ended 31 March 2022, up 7.7% on the year before. Net income was $146 million, up 48.9%, and diluted earnings per share $3.98. The figures are the company's own, from the 10-K it filed with the SEC on 26 May 2022.
Revenue
$368 million
+7.7% on the year
FY2017FY2022
Operating margin
46.1%
45.6% a year earlier
FY2017FY2022
Net income
$146 million
+48.9% on the year
FY2017FY2022
Diluted EPS
$3.98
+41.6% on the year
FY2017FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
170
188
116
-9.9%
Capital expenditure
8.5
18.6
2.0
-54.3%
Free cash flow
161
170
114
-5.0%
Free cash flow margin
43.8%
49.6%
41.7%
Cash from investing
-70.5
-422
-49.9
Cash from financing
-113
271
-64.7
Depreciation and amortisation
5.5
4.1
3.3
+32.9%
Share-based compensation
7.4
7.1
7.2
+4.6%
Buybacks
0.0
0.0
0.0
-80.0%
Dividends paid
49.6
39.7
29.1
+25.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
347
238
155
+45.7%
Non-controlling interest
115
76.1
82.6
+50.7%
Redeemable equity
276
276
0.0
0.0%
Debt
171
163
74.7
+5.0%
Other liabilities
386
383
161
+0.8%
Total liabilities and equity
1,295
1,137
474
+13.9%
Fixed assets
28.8
23.3
7.4
+23.7%
Goodwill
9.6
3.9
3.9
+142.6%
Intangible assets
12.6
7.9
8.3
+58.6%
Cash and equivalents
76.2
87.0
50.1
-12.4%
Other assets
1,168
1,014
404
+15.1%
Total assets
1,295
1,137
474
+13.9%
10-K for the year ended 31 March 2022, filed 26 May 2022: the filing.