Houlihan Lokey(HLI) - 2023 Q3 - Earnings Call Presentation

309 1. As of December 31, 2022 2. Excludes Corporate MDs. 3. LTM ended December 31, 2022. Houlihan Lokey | 4 Investment Tenets Strong Track Record of Growth and Profitability HLI has significant room to grow all three businesses globally. High Quality, Diversified Revenues Houlihan Lokey | 5 • Strong pretax margins with evidence of operating leverage since going public 50% 55% 56% 56% 53% 70% 35% 30% 29% 30% 35% 17% 15% 15% 15% 14% 12% 13% $872$963 $1,084$1,159 $1,525$2,270 2017 2018 2019 2020 2021 2022 ...