Revenue Performance: Q1 2025 revenue reached $196.73 million, up 57.34% YoY and 11.36% QoQ. The gross profit margin stood at 68.98%, indicating effective cost management during growth.
Profitability Metrics: Hamilton Lane's net income saw an increase of 90.22% YoY to $58.96 million. Operating income was reported at $89.61 million, maintaining a healthy operating margin of 45.55%.
Cash Flow and Balance Sheet Strength: Operating cash flow for the quarter totaled $79.74 million, supporting free cash flow of $78.24 million. The firm ended the quarter with $171.08 million in cash, indicating solid liquidity and financial stability. Total liabilities amount to $635.08 million, against total assets of $1.37 billion, maintaining a debt ratio of 20%.
Key Ratios: Return on equity (ROE) was reported at 10.4%, while the current ratio stood at 1.36, showcasing sufficient liquidity.