Janus Henderson Group PLC Files 10-Q for Period Ending March 31, 2024

TL;DR

<b>Janus Henderson Group PLC reported $163.3M in assets and $480M in revenue for Q1 2024.</b>

AI Summary

JANUS HENDERSON GROUP PLC (JHG) filed a Quarterly Report (10-Q) with the SEC on May 2, 2024. Total assets reported at $163,338,035 as of March 31, 2024. Total debt reported at $41,444 as of March 31, 2024. Revenue for the three months ended March 31, 2024, was $480,000,000. Net income for the three months ended March 31, 2024, was $160,674,907. Earnings per share (diluted) for the three months ended March 31, 2024, was $0.39.

Why It Matters

For investors and stakeholders tracking JANUS HENDERSON GROUP PLC, this filing contains several important signals. The filing provides a detailed financial snapshot of Janus Henderson Group PLC's performance for the first quarter of 2024, including key metrics like assets, revenue, and net income. Investors can use this 10-Q filing to assess the company's financial health, profitability, and operational efficiency during the reported period.

Risk Assessment

Risk Level: low — JANUS HENDERSON GROUP PLC shows low risk based on this filing. The filing is a standard quarterly report (10-Q) with no immediate red flags or significant negative trends indicated in the provided data.

Analyst Insight

Monitor future filings for trends in revenue growth, expense management, and asset under management to gauge the company's ongoing performance.

Financial Highlights

revenue

480,000,000

total Assets

163,338,035

total Debt

41,444

net Income

160,674,907

eps

0.39

Revenue Breakdown

Key Numbers

• 163,338,035 — Total Assets (As of March 31, 2024)
• 41,444 — Total Debt (As of March 31, 2024)
• 480,000,000 — Revenue (Three months ended March 31, 2024)
• 160,674,907 — Net Income (Three months ended March 31, 2024)
• 0.39 — Earnings Per Share (Diluted) (Three months ended March 31, 2024)

Key Players & Entities

• JANUS HENDERSON GROUP PLC (company) — Filer
• 201 BISHOPSGATE (location) — Business Address
• LONDON (location) — Business Address City
• EC2M 3AE (location) — Business Address Zip

FAQ

Industry Context

Janus Henderson Group PLC operates in the investment management industry, providing a range of investment products and strategies to clients globally.

Regulatory Implications

As a publicly traded company, Janus Henderson Group PLC is subject to SEC regulations and reporting requirements, including the filing of quarterly 10-Q reports.

What Investors Should Do

1. Analyze revenue streams and growth drivers in subsequent filings.
2. Compare key financial ratios (e.g., operating margin, debt-to-equity) to industry benchmarks.
3. Review management's discussion and analysis for insights into strategic initiatives and outlook.

Key Dates

• 2024-03-31: Quarter End — End of the reporting period for the 10-Q filing.
• 2024-05-02: Filing Date — Date the 10-Q was filed with the SEC.

Year-Over-Year Comparison

This 10-Q filing covers the period ending March 31, 2024, providing updated financial information compared to previous filings.

Key Financial Figures

• $1.50 — ange on which registered Common Stock, $1.50 Per Share Par Value JHG New York St

Filing Documents

• jhg20240331_10q.htm (10-Q) — 1589KB
• ex_632273.htm (EX-31.1) — 13KB
• ex_632274.htm (EX-31.2) — 13KB
• ex_632275.htm (EX-32.1) — 6KB
• ex_632276.htm (EX-32.2) — 6KB
• jlogo.jpg (GRAPHIC) — 7KB
• 0001437749-24-014250.txt (&nbsp;) — 6981KB
• jhg-20240331.xsd (EX-101.SCH) — 62KB
• jhg-20240331_cal.xml (EX-101.CAL) — 39KB
• jhg-20240331_def.xml (EX-101.DEF) — 331KB
• jhg-20240331_lab.xml (EX-101.LAB) — 304KB
• jhg-20240331_pre.xml (EX-101.PRE) — 369KB
• jhg20240331_10q_htm.xml (XML) — 1283KB

Financial Information

PART I. Financial Information Item 1.

Financial Statements (unaudited)

Financial Statements (unaudited) 1 Condensed Consolidated Balance Sheets 1 Condensed Consolidated Statements of Comprehensive Income 2 Condensed Consolidated Statements of Cash Flows 3 Condensed Consolidated Statements of Changes in Equity 4 Notes to the Condensed Consolidated Financial Statements 5 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 14 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 25 Item 4.

Controls and Procedures

Controls and Procedures 25

Other Information

PART II. Other Information Item 1.

Legal Proceedings

Legal Proceedings 26 Item 1A.

Risk Factors

Risk Factors 26 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 26 Item 3. Defaults Upon Senior Securities 26 Item 4. Mine Safety Disclosures 26 Item 5. Other Information 26 Item 6. Exhibits 27

Signatures

Signatures 28 Table of Contents

— FINANCIAL INFORMATION

PART I — FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements JANUS HENDERSON GROUP PLC CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (U.S. Dollars in Millions, Except Share Data) March 31, December 31, 2024 2023 ASSETS Current assets: Cash and cash equivalents $ 904.7 $ 1,152.4 Investments 240.7 334.2 Fees and other receivables 268.4 294.0 OEIC and unit trust receivables 183.4 94.6 Assets of consolidated VIEs: Cash and cash equivalents 17.6 15.7 Investments 487.7 382.4 Other current assets 7.0 7.8 Other current assets 120.2 174.5 Total current assets 2,229.7 2,455.6 Non-current assets: Property, equipment and software, net 41.7 44.2 Intangible assets, net 2,426.7 2,431.3 Goodwill 1,282.2 1,290.3 Retirement benefit asset, net 87.4 87.6 Other non-current assets 202.4 187.6 Total assets $ 6,270.1 $ 6,496.6 LIABILITIES Current liabilities: Accounts payable and accrued liabilities $ 206.5 $ 231.4 Current portion of accrued compensation, benefits and staff costs 165.3 297.9 OEIC and unit trust payables 191.9 98.5 Liabilities of consolidated VIEs: Accounts payable and accrued liabilities 4.7 3.2 Total current liabilities 568.4 631.0 Non-current liabilities: Accrued compensation, benefits and staff costs 15.2 45.0 Long-term debt 303.9 304.6 Deferred tax liabilities, net 569.2 570.8 Retirement benefit obligations, net 2.3 2.3 Other non-current liabilities 109.0 87.4 Total liabilities 1,568.0 1,641.1 Commitments and contingencies (See Note 14) REDEEMABLE NONCONTROLLING INTERESTS 274.7 317.2 EQUITY Common stock, $ 1.50 par value; 480,000,000 shares authorized, and 160,674,907 and 163,338,035 shares issued and outstanding as of March 31, 2024, and December 31, 2023, respectively 241.0 245.0 Additional paid-in capital 3,670.0 3,722.3 Treasury shares, 42,586 and 41,444 shares held at March 31, 2024, and December 31, 2023, respectively ( 1.1 ) ( 1.1 ) Accumulated other comprehensive lo

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View this 10-Q filing on SEC EDGAR