DHIL Q1 2023 Earnings — Diamond Hill Investment Group, Inc. Revenue & Financial Results | Market Cap Arena

DHILDiamond Hill Investment Group, Inc.

$466M

Q1 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$37M-11.4% YoY

Gross Profit

$16M43.0% margin

Operating Income

$11M29.2% margin

Net Income

$13M33.9% margin

EPS (Diluted)

$4.20

QoQ Revenue Growth

+7.2%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$14M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$235M

Total Liabilities

$48M

Stockholders' Equity

$169M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$42M	-11.4%
Gross Profit	$16M	$24M	-32.8%
Operating Income	$11M	$19M	-42.6%
Net Income	$13M	$9M	+39.2%

Revenue Segments

Investment Advisory Services

$32M94%

Mutual Fund Administrative Services

$2M6%