Hamilton Lane INC
For the period ended Mar 31, 2024. Filed May 23, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed May 23, 2024
HLNE$95.87+7.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Cash and cash equivalents | $114,634 | $99,686 |
| Restricted cash | 4,985 | 4,804 |
| Fees receivable | 108,291 | 47,140 |
| Prepaid expenses | 11,073 | 9,817 |
| Due from related parties | 8,150 | 7,186 |
| Furniture, fixtures and equipment, net | 33,013 | 28,425 |
| Lease right-of-use assets, net | 62,425 | 62,327 |
| Investments | 603,697 | 530,921 |
| Deferred income taxes | 261,887 | 233,912 |
| Other assets | 34,435 | 46,784 |
| Assets of consolidated variable interest entities: | ||
| Cash and cash equivalents | — | 12,062 |
| Investments | 28,575 | 57,044 |
| Other assets | 35 | 435 |
| Total assets | $1,271,200 | $1,140,543 |
| Liabilities and equity | ||
| Accounts payable | $4,505 | $4,559 |
| Accrued compensation and benefits | 35,979 | 24,190 |
| Accrued members’ distributions | 23,815 | 15,723 |
| Accrued dividend | 17,628 | 15,049 |
| Debt | 196,159 | 213,533 |
| Payable to related parties pursuant to tax receivable agreement | 201,422 | 174,702 |
| Lease liabilities | 79,033 | 78,817 |
| Other liabilities (includes $13,071 and $14,228 at fair value) | 36,700 | 32,856 |
| Liabilities of consolidated variable interest entities: | ||
| Other liabilities | 1 | 6,922 |
| Total liabilities | $595,242 | $566,351 |
| Commitments and contingencies (Note 16) | ||
| Class A common stock, $0.001 par value, 300,000,000 authorized; 40,547,806 and 38,611,919 issued and outstanding as of March 31, 2024 and 2023, respectively | 41 | 39 |
| Class B common stock, $0.001 par value, 50,000,000 authorized; 13,664,635 and 15,409,507 issued and outstanding as of March 31, 2024 and 2023, respectively | 14 | 15 |
| Additional paid-in-capital | 208,402 | 171,567 |
| Retained earnings | 316,696 | 243,823 |
| Total Hamilton Lane Incorporated stockholders’ equity | $525,153 | $415,444 |
| Non-controlling interests in general partnerships | 5,043 | 3,877 |
| Non-controlling interests in Hamilton Lane Advisors, L.L.C. | 145,762 | 135,702 |
| Non-controlling interests in consolidated funds | — | 19,169 |
| Total equity | $675,958 | $574,192 |
| Total liabilities and equity | $1,271,200 | $1,140,543 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.