Hamilton Lane Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	240.77	229.16	114.63	99.69	72.14	87.03
Cash & Short-Term Investments	240.77	229.16	114.63	99.69	72.14	87.03
Cash Growth	24.26%	99.91%	14.99%	38.19%	-17.11%	73.62%
Accounts Receivable	138.1	181.41	108.29	47.14	51.87	29.2
Other Receivables	25.38	16.22	8.15	7.19	1.87	2.5
Receivables	163.48	197.63	116.44	54.33	53.74	31.7
Prepaid Expenses	17.47	11.26	11.07	9.82	6.86	6.14
Restricted Cash	7.8	6.33	4.99	4.8	4.02	3.04
Total Current Assets	429.52	444.38	247.13	168.63	136.76	127.91
Property, Plant & Equipment	94.47	99	95.44	90.75	94.48	87.69
Long-Term Investments	708.28	664.35	603.7	530.92	503.79	368.84
Goodwill	-	9.57	9.57	9.57	9.57	3.94
Other Intangible Assets	-	2.88	4.58	6.29	12.57	7.93
Long-Term Deferred Tax Assets	305.89	308.53	261.89	233.91	245.05	251.95
Long-Term Deferred Charges	-	-	-	-	-	0.96
Other Long-Term Assets	442.17	151.99	38.68	100.47	292.74	287.3
Total Assets	1,980	1,690	1,271	1,141	1,295	1,137
Accounts Payable	6.08	5.47	4.51	4.56	2.83	2.17
Accrued Expenses	84.26	48.56	35.98	24.19	20.12	29.74
Short-Term Debt	-	-	-	15	-	15
Current Portion of Leases	4.71	9.21	-	-	-	-
Other Current Liabilities	40.25	47.04	41.44	30.77	42.95	28.08
Total Current Liabilities	135.3	110.28	81.93	74.52	65.89	74.99
Long-Term Debt	296.74	302.49	209.23	212.76	185.14	165.56
Long-Term Leases	70.85	68.81	79.03	78.82	82.24	75.28
Other Long-Term Liabilities	319.38	284.88	225.05	200.25	224.18	230.49
Total Liabilities	822.27	766.46	595.24	566.35	557.46	546.32
Common Stock	0.06	0.06	0.06	0.05	0.05	0.05
Additional Paid-In Capital	289.31	261.86	208.4	171.57	161.68	150.56
Retained Earnings	535.24	455.51	316.7	243.82	185.15	87.51
Comprehensive Income & Other	1.22	-0.14	-	-	-	-
Total Common Equity	825.82	717.28	525.15	415.44	346.88	238.13
Minority Interest	332.23	206.61	150.81	158.75	390.61	352.07
Shareholders' Equity	1,158	923.9	675.96	574.19	737.49	590.2
Total Liabilities & Equity	1,980	1,690	1,271	1,141	1,295	1,137
Total Debt	372.3	380.51	288.26	306.58	267.39	255.84
Net Cash (Debt)	-131.52	-151.35	-173.63	-206.89	-195.25	-168.81
Net Cash Per Share	-3.22	-3.75	-3.22	-3.85	-3.64	-5.06
Filing Date Shares Outstanding	43.97	41.37	40.53	38.59	37.29	36.29
Total Common Shares Outstanding	43.97	43.5	40.55	38.61	37.28	36.29
Working Capital	294.23	334.1	165.21	94.11	70.87	52.92
Book Value Per Share	18.78	16.49	12.95	10.76	9.30	6.56
Tangible Book Value	825.82	704.83	511	399.59	324.75	226.26
Tangible Book Value Per Share	18.78	16.20	12.60	10.35	8.71	6.23
Machinery	-	29.48	22.91	17.38	14.11	10.68
Leasehold Improvements	-	33.32	28.37	23.26	21.98	22.69

Source: S&P Global Market Intelligence. Standard template. Financial Sources.