HENNESSY ADVISORS INC

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

HNNA$10.36+1.6%Stored close · as of Nov 9, 2026

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Contents

Statements of Income

(In thousands, except share and per share amounts)

	Three Months Ended June 30,		Nine Months Ended June 30,
	2024	2023	2024	2023
Revenue
Investment advisory fees	$7,242	$5,236	$19,343	$16,325
Shareholder service fees	542	465	1,525	1,437
Total revenue	7,784	5,701	20,868	17,762
Operating expenses
Compensation and benefits	2,274	1,942	6,393	5,730
General and administrative	1,557	1,304	4,745	4,149
Fund distribution and other	228	116	578	343
Sub-advisory fees	1,081	898	3,038	2,797
Depreciation	59	59	185	164
Total operating expenses	5,199	4,319	14,939	13,183
Net operating income	2,585	1,382	5,929	4,579
Interest income	(772)	(711)	(2,329)	(1,758)
Interest expense	569	565	1,704	1,690
Income before income tax expense	2,788	1,528	6,554	4,647
Income tax expense	759	412	1,785	1,217
Net income	$2,029	$1,116	$4,769	$3,430
Earnings per share
Basic	$0.26	$0.15	$0.62	$0.45
Diluted	$0.26	$0.15	$0.62	$0.45
Weighted average shares outstanding
Basic	7,679,212	7,576,790	7,675,821	7,574,528
Diluted	7,732,068	7,605,689	7,698,987	7,597,167
Cash dividends declared per share	$0.14	$0.14	$0.41	$0.41

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.