Diamond Hill Investment | 10-Q: FY2025 Q3 Revenue: USD 37.4 M

Revenue: As of FY2025 Q3, the actual value is USD 37.4 M.

EPS: As of FY2025 Q3, the actual value is USD 4.99.

EBIT: As of FY2025 Q3, the actual value is USD 9.432 M.

Segment Revenue

• Investment Advisory Revenue: $35,622,688 for the three months ended September 30, 2025, compared to $37,229,875 for the same period in 2024, representing a decrease of 4%.
• Fund Administration Revenue, Net: $1,779,831 for the three months ended September 30, 2025, compared to $1,788,357 for the same period in 2024, representing a decrease of 0%.

Operational Metrics

• Net Operating Income: $9,728,505 for the three months ended September 30, 2025, compared to $10,217,471 for the same period in 2024, representing a decrease of 5%.
• Net Income: $13,565,433 for the three months ended September 30, 2025, compared to $14,644,593 for the same period in 2024, representing a decrease of 7%.
• Operating Expenses: Total operating expenses were $27,674,014 for the three months ended September 30, 2025, compared to $28,800,761 for the same period in 2024, representing a decrease of 4%.

Cash Flow

• Net Cash Used in Operating Activities: - $23,391,925 for the nine months ended September 30, 2025, compared to $25,439,739 provided by operating activities for the same period in 2024.
• Net Cash Provided by Investing Activities: $32,804,246 for the nine months ended September 30, 2025, compared to - $273,389 used in investing activities for the same period in 2024.
• Net Cash Used in Financing Activities: - $8,017,592 for the nine months ended September 30, 2025, compared to - $38,442,457 for the same period in 2024.

Unique Metrics

• Assets Under Management (AUM): $30,583 million as of September 30, 2025, compared to $31,275 million as of September 30, 2024, representing a decrease of 2%.
• Assets Under Advisement (AUA): $1,828 million as of September 30, 2025, compared to $1,957 million as of September 30, 2024, representing a decrease of 7%.

Future Outlook and Strategy

• Core Business Focus: The company aims to focus on generating excellent, long-term investment outcomes and building enduring client partnerships to grow its intrinsic value and achieve a compelling, long-term return for its shareholders.
• Non-Core Business: The company plans to continue its share repurchase program and pay regular quarterly dividends, with a special dividend approved for the fourth quarter of 2025.