Hennessy Advisors vs SWK Holdings
SWK Holdings is the larger business, with $41.5m of revenue in fiscal 2025 against $35.5m for Hennessy Advisors (1.2 times as much). Hennessy Advisors grew faster (19.9% against -7.8%). Hennessy Advisors kept more of each dollar of sales as profit: a net margin of 28.0% against -6.1%. SWK Holdings carries less debt relative to equity (14.0% against 40.7%).
| Latest fiscal year | Hennessy AdvisorsHNNA, 2025 | SWK HoldingsSWKHL, 2025 |
|---|---|---|
| Revenue | $35.5m | $41.5m |
| Revenue growth | 19.9% | -7.8% |
| Net income | $10.0m | −$2.5m |
| Operating margin | 37.0% | 48.9% |
| Net margin | 28.0% | -6.1% |
| Return on equity | 10.5% | -1.0% |
| Free cash flow | $13.4m | $26.8m |
| Cash | $72.4m | $42.8m |
| Total debt | $39.8m | $33.0m |
| Debt to equity | 40.7% | 14.0% |
| Dividend per share | $0.55 | $4.00 |
| Dividend yield | 5.5% | — |
| Share buybacks | — | $3.1m |
| Employees | 18 | 9 |
| Market value | $83.7m | $305m |
| Price vs our value range | — | — |
| Moat score | 81 (Strong) | 76 (Strong) |
| Insider trades, 12 months | 0 buys, 7 sales | 0 buys, 0 sales |