DHIL Q2 2023 Earnings — Diamond Hill Investment Group, Inc. Revenue & Financial Results | Market Cap Arena

DHILDiamond Hill Investment Group, Inc.

$466M

Q2 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$37M-5.6% YoY

Gross Profit

$13M35.7% margin

Operating Income

$8M21.1% margin

Net Income

$9M25.6% margin

EPS (Diluted)

$3.18

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$241M

Total Liabilities

$54M

Stockholders' Equity

$164M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$39M	-5.6%
Gross Profit	$13M	$26M	-48.8%
Operating Income	$8M	$20M	-61.6%
Net Income	$9M	$4M	+113.7%

Revenue Segments

Investment Advisory Services

$32M94%

Mutual Fund Administrative Services

$2M6%