Hennessy Advisors Inc income statement
In fiscal 2025, Hennessy Advisors Inc reported revenue of $35.5m, up 19.9% on the year before, operating income of $13.1m (a 37.0% margin) and net income of $10.0m, or $1.27 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 8 | 7 | 24 | 35 | 45 | 51 | 53 | 55 | 43 | 33 | 33 | 30 | 24 | 30 | 36 | 33 |
| General and administrative | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 6 | 7 |
| Operating income | 2 | 2 | 2 | 9 | 14 | 20 | 24 | 24 | 24 | 16 | 11 | 11 | 10 | 6 | 9 | 13 | 11 |
| Interest expense | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 2 | 2 | 2 | 2 | 2 |
| Income before tax | 2 | 2 | 2 | 8 | 13 | 19 | 23 | 23 | 23 | 15 | 11 | 11 | 8 | 7 | 10 | 14 | 11 |
| Income tax | 1 | 1 | 1 | 3 | 5 | 7 | 8 | 8 | 3 | 4 | 3 | 3 | 2 | 2 | 3 | 4 | 3 |
| Net income | 1 | 1 | 1 | 5 | 8 | 11 | 14 | 15 | 21 | 11 | 8 | 8 | 6 | 5 | 7 | 10 | 8 |
| Diluted EPS | $0.11 | $0.14 | $0.11 | $0.55 | $0.87 | $1.27 | $1.86 | $1.92 | $2.61 | $1.42 | $1.06 | $1.07 | $0.82 | $0.63 | $0.92 | $1.27 | $1.05 |
| Diluted shares (average) | 9m | 9m | 9m | 9m | 9m | 9m | 8m | 8m | 8m | 8m | 7m | 7m | 8m | 8m | 8m | 8m | 8m |
| EBITDA | 2 | 2 | 2 | 9 | 14 | 20 | 24 | 25 | 25 | 16 | 12 | 11 | 10 | 7 | 9 | 13 | 11 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,778 | 9,708 | 9,276 | 8,054 | 8,500 | 8,320 | 8,133 | 8,390 |
| General and administrative | 1,739 | 1,653 | 1,799 | 1,433 | 1,416 | 1,914 | 1,637 | 1,581 |
| Operating income | 2,938 | 3,830 | 3,451 | 2,849 | 3,015 | 2,604 | 2,610 | 2,913 |
| Interest expense | 571 | 572 | 572 | 574 | 575 | 576 | 578 | 760 |
| Income before tax | 3,150 | 3,967 | 3,556 | 2,961 | 3,136 | 2,679 | 2,646 | 2,775 |
| Income tax | 822 | 1,133 | 973 | 840 | 714 | 749 | 736 | 776 |
| Net income | 2,328 | 2,834 | 2,583 | 2,121 | 2,422 | 1,930 | 1,910 | 1,999 |
| Diluted EPS | $0.30 | $0.36 | $0.33 | $0.26 | $0.32 | $0.24 | $0.24 | $0.25 |
| EBITDA | 2,997 | 3,891 | 3,520 | 2,923 | 3,101 | 2,670 | 2,696 | 2,990 |
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