HAMILTON LANE INCORPORATED REPORTS FIRST QUARTER FISCAL 2025 RESULTS, WITH MANAGEMENT & ADVISORY FEES GROWING BY 33% AND ASSETS UNDER MANAGEMENT GROWING BY 11% YEAR-OVER-YEAR
Hamilton Lane Incorporated (Nasdaq: HLNE) reported strong first quarter fiscal 2025 results, with significant growth across key metrics. Total assets under management increased 11% year-over-year to $129.7 billion, while fee-earning assets grew 13% to $67.7 billion. Management and advisory fees surged 33% to $140.0 million compared to the prior year period.
The company's unrealized carried interest balance rose 12% to approximately $1.2 billion. GAAP earnings per share stood at $1.47, with GAAP net income of $59.0 million for the quarter. Hamilton Lane declared a quarterly dividend of $0.49 per share, targeting a full-year dividend of $1.96, representing a 10% increase from the previous fiscal year.
Hamilton Lane Incorporated (Nasdaq: HLNE) ha riportato risultati solidi per il primo trimestre dell'anno fiscale 2025, con una crescita significativa in tutti i principali parametri. Gli attivi totali in gestione sono aumentati dell'11% rispetto all'anno precedente, raggiungendo i 129,7 miliardi di dollari, mentre gli attivi generanti commissioni sono cresciuti del 13% arrivando a 67,7 miliardi di dollari. Le commissioni di gestione e consulenza sono aumentate del 33% a 140,0 milioni di dollari rispetto allo stesso periodo dell'anno precedente.
Il saldo degli interessi non realizzati dell'azienda è aumentato del 12%, arrivando a circa 1,2 miliardi di dollari. Gli utili per azione secondo GAAP si sono attestati a 1,47 dollari, con un reddito netto GAAP di 59,0 milioni di dollari per il trimestre. Hamilton Lane ha dichiarato un dividendo trimestrale di 0,49 dollari per azione, puntando a un dividendo annuale di 1,96 dollari, pari a un aumento del 10% rispetto all'anno fiscale precedente.
Hamilton Lane Incorporated (Nasdaq: HLNE) reportó resultados sólidos para el primer trimestre del año fiscal 2025, con un crecimiento significativo en todos los indicadores clave. Los activos totales bajo gestión aumentaron un 11% interanual, alcanzando los 129.7 mil millones de dólares, mientras que los activos generadores de comisiones crecieron un 13% hasta los 67.7 mil millones de dólares. Las tarifas de gestión y asesoría aumentaron un 33% a 140.0 millones de dólares en comparación con el mismo período del año anterior.
El saldo de intereses devengados no realizados de la compañía subió un 12%, alcanzando aproximadamente 1.2 mil millones de dólares. Las ganancias por acción según GAAP fueron de 1.47 dólares, con un ingreso neto GAAP de 59.0 millones de dólares para el trimestre. Hamilton Lane declaró un dividendo trimestral de 0.49 dólares por acción, con un objetivo de dividendo anual de 1.96 dólares, lo que representa un aumento del 10% respecto al año fiscal anterior.
해밀턴 레인 주식회사 (Nasdaq: HLNE)는 2025 회계연도의 첫 분기에 강력한 실적을 보고하며 주요 지표에서 큰 성장을 기록했습니다. 총 운용 자산은 전년 대비 11% 증가하여 1,297억 달러에 달했고, 수수료 발생 자산은 13% 증가하여 677억 달러에 달했습니다. 관리 및 자문 수수료는 전년 대비 33% 급증하여 1억 4천만 달러에 이릅니다.
회사의 실현되지 않은 이자 잔액은 약 12% 증가하여 약 12억 달러에 달했습니다. GAAP 기준 주당순이익은 1.47달러, 해당 분기의 GAAP 순이익은 5,900만 달러였습니다. 해밀턴 레인은 주당 분기 배당금을 0.49달러로 선언하며, 연간 1.96달러의 배당금을 목표로 하고 있으며, 이는 이전 회계연도에 비해 10% 증가한 수치입니다.
Hamilton Lane Incorporated (Nasdaq: HLNE) a annoncé des résultats solides pour le premier trimestre de l'exercice 2025, avec une croissance significative dans toutes les mesures clés. Les actifs totaux sous gestion ont augmenté de 11 % d'une année sur l'autre pour atteindre 129,7 milliards de dollars, tandis que les actifs générant des frais ont crû de 13 % pour atteindre 67,7 milliards de dollars. Les frais de gestion et de conseil ont bondi de 33 % à 140,0 millions de dollars par rapport à la période de l'année précédente.
Le solde des intérêts non réalisés de l'entreprise a augmenté de 12 % pour atteindre environ 1,2 milliard de dollars. Le bénéfice par action selon les normes GAAP s'est établi à 1,47 dollar, avec un revenu net GAAP de 59,0 millions de dollars pour le trimestre. Hamilton Lane a déclaré un dividende trimestriel de 0,49 dollar par action, visant un dividende annuel de 1,96 dollar, représentant une augmentation de 10 % par rapport à l'exercice fiscal précédent.
Hamilton Lane Incorporated (Nasdaq: HLNE) berichtete über starke Ergebnisse für das erste Quartal des Geschäftsjahres 2025, mit signifikantem Wachstum in allen wichtigen Kennzahlen. Die verwalteten Gesamtvermögen stiegen im Jahresvergleich um 11 % auf 129,7 Milliarden Dollar, während die gebührenpflichtigen Vermögenswerte um 13 % auf 67,7 Milliarden Dollar wuchsen. Management- und Beratungsgebühren stiegen um 33 % auf 140,0 Millionen Dollar im Vergleich zum Vorjahreszeitraum.
Der Saldo der nicht realisierten erhaltenen Zinsen des Unternehmens stieg um 12 % auf etwa 1,2 Milliarden Dollar. GAAP Gewinn pro Aktie lag bei 1,47 Dollar, mit einem GAAP-Nettoeinkommen von 59,0 Millionen Dollar für das Quartal. Hamilton Lane erklärte eine quartalsweise Dividende von 0,49 Dollar pro Aktie und strebt eine Jahresdividende von 1,96 Dollar an, was eine Steigerung von 10 % im Vergleich zum vorhergehenden Geschäftsjahr darstellt.
- Total assets under management grew 11% year-over-year to $129.7 billion
- Fee-earning assets under management increased 13% to $67.7 billion
- Management and advisory fees surged 33% to $140.0 million
- Unrealized carried interest balance rose 12% to approximately $1.2 billion
- Declared a quarterly dividend of $0.49 per share, with a target full-year dividend increase of 10%
- None.
Insights
Hamilton Lane's Q1 FY2025 results demonstrate robust growth across key metrics. The
The
Hamilton Lane's Q1 performance reflects broader trends in the private markets industry. The significant growth in AUM and management fees suggests continued investor appetite for alternative assets, despite macroeconomic uncertainties. The firm's expansion to
The
FIRST QUARTER FISCAL 2025 HIGHLIGHTS
- Assets under management – Total assets under management of
$129.7 billion 11% year-over-year. Fee-earning assets under management increased13% to$67.7 billion
- Revenue – Management and advisory fees of
$140 33% versus the prior year period.
- Carried Interest – Unrealized carried interest balance of approximately
$1.2 billion 12% versus the prior year period.
- Earnings per share – GAAP EPS of
$1.47 $59
- Dividend – Declared a quarterly dividend of
$0.49 $1.96 10% increase from the prior fiscal year dividend.
Hamilton Lane issued a full detailed presentation of its first quarter fiscal 2025 results, which can be accessed on the Company's Shareholders website at https://shareholders.hamiltonlane.com/.
Hamilton Lane Co-CEO Erik Hirsch commented: "After a successful fiscal 2024, we have opened up fiscal 2025 with a strong quarter. Our team remains focused on executing and delivering consistent results for our clients and this has resulted in strong growth across the entirety of our business."
Conference Call
Hamilton Lane will discuss first quarter fiscal 2025 results in a webcast and conference call today, Tuesday, August 6, 2024, at 11:00 a.m. Eastern Time.
For access to the live event via the webcast, visit Hamilton Lane's Shareholders website (https://shareholders.hamiltonlane.com/) at least 15 minutes prior to the start of the call. This feature will be in listen-only mode.
A replay of the webcast will be available approximately two hours after the live broadcast for a period of one year and can be accessed in the same manner as the live webcast at the Shareholders page of Hamilton Lane's website.
About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 700 professionals operating in offices throughout
Forward-Looking Statements
Some of the statements in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as "will," "expect," "believe," "estimate," "continue," "anticipate," "intend," "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management's current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different, including risks relating to: our ability to manage growth, fund performance, competition in our industry, changes in our regulatory environment and tax status; market conditions generally; our ability to access suitable investment opportunities for our clients; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; defaults by clients and third-party investors on their obligations to fund commitments; our exposure and that of our clients and investors to the credit risks of financial institutions at which we and they hold accounts; our ability to comply with investment guidelines set by our clients; our ability to successfully integrate acquired businesses with ours; our ability to manage risks associated with introducing new types of investment structures, products or services or entering into strategic partnerships; our ability to manage redemption or repurchase rights in certain of our funds; our ability to manage, identify and anticipate risks we face; our ability to manage the effects of events outside of our control; and our ability to receive distributions from Hamilton Lane Advisors, L.L.C. to fund our payment of dividends, taxes and other expenses.
The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks we face, you should refer to the "Risk Factors" detailed in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 31, 2024 and in our subsequent reports filed from time to time with the Securities and Exchange Commission. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.
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