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Mar 31, 2020

Janus Henderson Q1 2020 Earnings Report

Janus Henderson experienced a challenging quarter with a net loss, driven by market volatility and impairment charges, while adjusted operating income increased year-over-year.

Key Takeaways

Janus Henderson Group reported a net loss attributable to JHG of US$(247.0) million, or US$(1.35) per share, for the first quarter of 2020. However, adjusted operating income increased by 15% compared to the same period last year, reaching US$164.5 million. The company's AUM decreased by 21% compared to the prior quarter, reflecting the impact of COVID-19 and net outflows.

Operating income was US$(332.4) million, including US$487.3 million in impairment charges.

Adjusted operating income was up 15% year-over-year.

AUM decreased by 21% compared to the prior quarter, totaling US$294.4 billion.

The company completed US$31 million of share buybacks.

Total Revenue
$555M
Previous year: $519M
+6.9%
EPS
$0.6
Previous year: $0.56
+7.1%
Assets under management
$294B
Gross Profit
$399M
Previous year: $374M
+6.7%
Cash and Equivalents
$733M
Previous year: $740M
-1.0%
Free Cash Flow
$29.7M
Previous year: -$42.2M
-170.4%
Total Assets
$6.64B
Previous year: $7.02B
-5.4%

Janus Henderson

Janus Henderson

Janus Henderson Revenue by Segment

Forward Guidance

Janus Henderson intends to publish its second quarter 2020 results on 29 July 2020.

Revenue & Expenses

Visualization of income flow from segment revenue to net income