Houlihan Lokey Investor Presentation Deck
Disclaimers
Forward-Looking Information
This presentation contains forward-looking statements. All statements other than statements of historical facts contained in this presentation
may be forward-looking statements. The words "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects,"
"contemplates," "believes," "estimates," "predicts," "potential" or "continue" and other expressions that are predictions of or indicate future
events and trends and that do not relate to historical matters identify forward-looking statements. Forward-looking statements involve known
and unknown risks, uncertainties and other important factors, that may cause our actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that
could cause actual results to differ materially from expectations are disclosed under the "Risk Factors" and "Cautionary Note Regarding
Forward-Looking Statements" sections of our annual report on Form 10-K for the year ended March 31, 2023, and subsequent filings with the
Securities and Exchange Commission (the "SEC"). All written and oral forward-looking statements attributable to us, or persons acting on our
behalf, are expressly qualified in their entirety by the cautionary statements. You should evaluate all forward-looking statements made in this
presentation in the context of these risks and uncertainties. Because forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of
future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur, and actual results could
differ materially from those projected in the forward-looking statements. The forward-looking statements in this presentation are made only as
of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons
actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in
the future.
Non-GAAP Financial Measures
Adjusted pre-tax income, adjusted net income, total and on a per share basis, and certain adjusted items used to determine adjusted net
income, are presented and discussed in this presentation and are non-GAAP measures that management believes, when presented together
with comparable GAAP measures, are useful to investors in understanding the Company's operating results. These adjusted items remove the
significant accounting impact of one-time or non-recurring charges associated with the Company's one-time/non-recurring matters, as set
forth in the tables at the end this presentation.
The adjusted items included in this presentation as calculated by the Company are not necessarily comparable to similarly titled measures
reported by other companies. Additionally, these adjusted amounts are not a measurement of financial performance or liquidity under GAAP
and should not be considered as an alternative to the Company's financial information determined under GAAP. For a description of the
Company's use of these adjusted items and a reconciliation with comparable GAAP items, see the section of this presentation titled
"Reconciliation of GAAP to Adjusted Financial Information." Please refer to our financial statements, prepared in accordance with GAAP, for
purposes of evaluating our financial condition, results of operations, and cash flows.
Houlihan Lokey | 2View entire presentation