Hamilton Lane INC
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
HLNE$96.38+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets as of and
| September 30, | March 31, | |
|---|---|---|
| 2024 | 2024 | |
| Assets | ||
| Cash and cash equivalents | $193,771 | $114,634 |
| Restricted cash | 5,858 | 4,985 |
| Fees receivable | 95,509 | 108,291 |
| Prepaid expenses | 16,750 | 11,073 |
| Due from related parties | 16,467 | 8,150 |
| Furniture, fixtures and equipment, net | 32,264 | 33,013 |
| Lease right-of-use assets, net | 62,991 | 62,425 |
| Investments | 627,172 | 603,697 |
| Deferred income taxes | 257,187 | 261,887 |
| Other assets | 33,989 | 34,435 |
| Assets of consolidated variable interest entities: | ||
| Cash and cash equivalents | 33,198 | — |
| Investments | 41,888 | 28,575 |
| Other assets | 7,286 | 35 |
| Total assets | $1,424,330 | $1,271,200 |
| Liabilities and equity | ||
| Accounts payable | $6,430 | $4,505 |
| Accrued compensation and benefits | 71,431 | 35,979 |
| Accrued members’ distributions | 9,279 | 23,815 |
| Accrued dividend | 19,454 | 17,628 |
| Debt | 194,971 | 196,159 |
| Payable to related parties pursuant to tax receivable agreement | 200,346 | 201,422 |
| Lease liabilities | 79,884 | 79,033 |
| Other liabilities (includes $13,080 and $13,071 at fair value) | 39,904 | 36,700 |
| Liabilities of consolidated variable interest entities: | ||
| Other liabilities | 709 | 1 |
| Total liabilities | $622,408 | $595,242 |
| Commitments and contingencies (Note 15) | ||
| Class A common stock, $0.001 par value, 300,000,000 authorized; 41,770,189 and 40,547,806 issued and outstanding as of September 30, 2024 and March 31, 2024, respectively | 41 | 41 |
| Class B common stock, $0.001 par value, 50,000,000 authorized; 13,664,635 and 13,664,635 issued and outstanding as of September 30, 2024 and March 31, 2024, respectively | 14 | 14 |
| Additional paid-in-capital | 214,788 | 208,402 |
| Retained earnings | 391,737 | 316,696 |
| Total Hamilton Lane Incorporated stockholders’ equity | $606,580 | $525,153 |
| Non-controlling interests in general partnerships | 5,875 | 5,043 |
| Non-controlling interests in Hamilton Lane Advisors, L.L.C. | 178,633 | 145,762 |
| Non-controlling interests in consolidated funds | 10,834 | — |
| Total equity | $801,922 | $675,958 |
| Total liabilities and equity | $1,424,330 | $1,271,200 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.