HENNESSY ADVISORS INC

For the period ended Sep 30, 2024. Filed Dec 11, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Dec 11, 2024

HNNA$10.19-3.1%Stored close · as of Nov 6, 2026

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Contents

Balance Sheets

(In thousands, except share and per share amounts)

	September 30,
	2024	2023
Assets
Current assets
Cash and cash equivalents	$63,922	$60,476
Investments in marketable securities, at fair value	11	10
Investment fee income receivable	2,964	2,046
Interest income receivable	250	253
Prepaid expenses	817	669
Other accounts receivable	312	247
Total current assets	68,276	63,701
Property and equipment, net of accumulated depreciation of $1,540 and $2,287, respectively	374	305
Operating lease right-of-use asset	1,014	295
Management contracts	82,252	81,262
Other assets	183	156
Total assets	$152,099	$145,719
Liabilities and Stockholders' Equity
Current liabilities
Accrued liabilities and accounts payable	$4,441	$3,165
Operating lease liability	332	279
Income taxes payable	181	748
Total current liabilities	4,954	4,192
Notes payable, net of issuance costs	39,477	39,164
Long-term operating lease liability	695	-
Net deferred income tax liability	15,662	14,611
Total liabilities	60,788	57,967
Commitments and contingencies (Note 10)
Stockholders' equity
Common stock, no par value, 22,500,000 shares authorized; 7,778,335 shares issued and outstanding as of September 30, 2024, and 7,671,099 as of September 30, 2023	22,592	21,800
Retained earnings	68,719	65,952
Total stockholders' equity	91,311	87,752
Total liabilities and stockholders' equity	$152,099	$145,719

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.