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Houlihan Lokey(HLI) - 2026 Q1 - Earnings Call Presentation

Company Overview - Houlihan Lokey has 33 locations worldwide and 2,677 global employees, including 347 managing directors[11] - The firm's revenue reached $2.5 billion for the last twelve months ended June 30, 2025[11] - The average tenure of the Executive Management Team and Operating Committee Team is over 25 years[15] - No single individual generated more than 2% of the firm's revenues[24] Financial Performance - The company experienced strong revenue growth with a five-year Compound Annual Growth Rate (CAGR) of 16%[19] - Adjusted pre-tax income grew at a CAGR of 17% over the same five-year period[19] - For the three months ended June 30, 2025, revenues were $605.349 million compared to $513.609 million for the three months ended June 30, 2024[130] - Adjusted net income for the three months ended June 30, 2025, was $148.005 million, or $2.14 per diluted share, compared to $84.305 million, or $1.22 per diluted share for the three months ended June 30, 2024[130] Business Segments - Corporate Finance generated $1.597 billion in revenue, representing 64% of the total, Financial Restructuring $555 million (23%), and Financial and Valuation Advisory $329 million (13%) for the last twelve months ended June 30, 2025[71] - The Corporate Finance group closed 573 transactions, Financial Restructuring 147, and Financial and Valuation Advisory 2,460 fee events[71] - The company has increased its Managing Director Headcount by a CAGR of 9% over the last 20 years[59]