HENNESSY ADVISORS INC
For the period ended Sep 30, 2025. Filed Dec 3, 2025.
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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.
FY2025 · Filed Dec 3, 2025
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, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue | ||
| Investment advisory fees | $33,174 | $27,524 |
| Shareholder service fees | 2,364 | 2,122 |
| Total revenue | 35,538 | 29,646 |
| Operating expenses | ||
| Compensation and benefits | 10,625 | 9,064 |
| General and administrative | 6,301 | 6,484 |
| Fund distribution and other | 1,030 | 818 |
| Sub-advisory fees | 4,147 | 4,169 |
| Depreciation | 290 | 244 |
| Total operating expenses | 22,393 | 20,779 |
| Net operating income | 13,145 | 8,867 |
| Interest income | (2,768) | (3,112) |
| Interest expense | 2,293 | 2,275 |
| Income before income tax expense | 13,620 | 9,704 |
| Income tax expense | 3,660 | 2,607 |
| Net income | $9,960 | $7,097 |
| Earnings per share | ||
| Basic | $1.28 | $0.92 |
| Diluted | $1.27 | $0.92 |
| Weighted average shares outstanding | ||
| Basic | 7,787,924 | 7,680,706 |
| Diluted | 7,828,947 | 7,721,781 |
| Cash dividends declared per share | $0.55 | $0.55 |
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