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Mar 31, 2022
Hamilton Lane Q4 2022 Earnings Report
Hamilton Lane reported strong Q4 and fiscal year 2022 results, driven by growth in management and advisory fees and assets under management.
Key Takeaways
Hamilton Lane reported a solid Q4 and fiscal year 2022, demonstrating growth in key areas such as assets under management and management and advisory fees. The company remains focused on delivering results for clients and shareholders amidst economic uncertainty, concluding the fiscal year on a strong foundation.
Assets under management reached $106.4 billion, a 21% increase year-over-year.
Management and advisory fees grew by 9% for fiscal year 2022.
Unrealized carried interest balance increased by 84% year-over-year, reaching $1.2 billion.
Declared a quarterly dividend of $0.40 per share of Class A common stock.
Hamilton Lane
Hamilton Lane
Hamilton Lane Revenue by Segment
Revenue by Segment
Mgmt & Advisory Fees Revenue
CapyFin.comIncentive Fees Revenue
CapyFin.com Forward Guidance
While the report does not contain explicit forward guidance, it expresses confidence in delivering results for clients and shareholders amidst economic uncertainty.
Positive Outlook
- Strong growth in assets under management.
- Increase in management and advisory fees.
- Significant rise in unrealized carried interest balance.
- Recurring management and advisory fees represented an average of 85% of total revenues over the past five fiscal years.
- Strong balance sheet with investments in own products and modest leverage.
Challenges Ahead
- Economic uncertainty may impact future performance.
- Timing of realizations unpredictable.
- SPAC related compensation
- SPAC related general, administrative and other expenses
- Non-operating income related compensation