HENNESSY ADVISORS INC
For the period ended Sep 30, 2024. Filed Dec 11, 2024.
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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$10.36+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Income
(In thousands, except share and per share amounts)
| Fiscal Years Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | ||
| Investment advisory fees | $27,524 | $22,090 |
| Shareholder service fees | 2,122 | 1,930 |
| Total revenue | 29,646 | 24,020 |
| Operating expenses | ||
| Compensation and benefits | 9,064 | 7,732 |
| General and administrative | 6,484 | 5,479 |
| Fund distribution and other | 818 | 486 |
| Sub-advisory fees | 4,169 | 3,759 |
| Depreciation | 244 | 230 |
| Total operating expenses | 20,779 | 17,686 |
| Net operating income | 8,867 | 6,334 |
| Interest income | (3,112) | (2,522) |
| Interest expense | 2,275 | 2,256 |
| Income before income tax expense | 9,704 | 6,600 |
| Income tax expense | 2,607 | 1,829 |
| Net income | $7,097 | $4,771 |
| Earnings per share | ||
| Basic | $0.92 | $0.63 |
| Diluted | $0.92 | $0.63 |
| Weighted average shares outstanding | ||
| Basic | 7,680,706 | 7,580,120 |
| Diluted | 7,721,781 | 7,603,676 |
| Cash dividends declared per share | $0.55 | $0.55 |
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