DHIL Q3 2023 Earnings — Diamond Hill Investment Group, Inc. Revenue & Financial Results | Market Cap Arena

DHILDiamond Hill Investment Group, Inc.

$466M

Q3 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$39M+2.3% YoY

Gross Profit

$18M45.3% margin

Operating Income

$12M31.6% margin

Net Income

$6M16.5% margin

EPS (Diluted)

$2.20

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$14M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$254M

Total Liabilities

$65M

Stockholders' Equity

$164M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$38M	+2.3%
Gross Profit	$18M	$21M	-16.4%
Operating Income	$12M	$16M	-22.9%
Net Income	$6M	$12M	-46.1%

Revenue Segments

Investment Advisory Services

$34M95%

Mutual Fund Administrative Services

$2M5%