Hennessy Advisors Q3 Revenue Dips Slightly
Ticker: HNNAZ · Form: 10-Q · Filed: May 7, 2025 · CIK: 1145255
Sentiment: neutral
Topics: 10-Q, financials, revenue, assets
TL;DR
Hennessy Advisors Q3 revenue down slightly to $1.48M, assets $22.5M, liabilities $7.79M.
AI Summary
Hennessy Advisors Inc. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $22,500,000 and total liabilities of $7,785,550 as of March 31, 2025. For the three months ended March 31, 2025, revenue from investment advice was $1,484,000, a slight decrease from $1,540,000 in the same period of the prior year.
Why It Matters
This filing provides insight into Hennessy Advisors' financial performance, showing a minor revenue decline which could impact investor sentiment and future growth prospects.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report with no immediate red flags or significant negative events.
Key Numbers
- $22.5B — Total Assets (As of March 31, 2025, indicating the company's overall financial position.)
- $7.79B — Total Liabilities (As of March 31, 2025, showing the company's debt obligations.)
- $1.48M — Q3 Investment Advice Revenue (For the three months ended March 31, 2025, reflecting a slight decrease from the prior year.)
- $1.54M — Q3 2024 Investment Advice Revenue (For the three months ended March 31, 2024, serving as a comparison point.)
- 7,778,335 — Shares Outstanding (As of March 31, 2025, relevant for per-share calculations.)
Key Players & Entities
- Hennessy Advisors Inc. (company) — Filer of the 10-Q
- March 31, 2025 (date) — End of the reporting period
- $22,500,000 (dollar_amount) — Total assets as of March 31, 2025
- $7,785,550 (dollar_amount) — Total liabilities as of March 31, 2025
- $1,484,000 (dollar_amount) — Revenue from investment advice for Q3 2025
- $1,540,000 (dollar_amount) — Revenue from investment advice for Q3 2024
FAQ
What was the net income for the three months ended March 31, 2025?
The filing does not explicitly state the net income for the three months ended March 31, 2025, but provides revenue and liability figures.
How has the company's revenue from shareholder services changed compared to the prior year?
Revenue from shareholder services for the three months ended March 31, 2025, was $0, compared to $0 for the same period in 2024.
What is the maturity date of the Public Income Notes?
The Public Income Notes mature on July 31, 2027.
What was the total revenue for the six months ended March 31, 2025?
The filing indicates revenue from investment advice for the six months ended March 31, 2025, was $2,924,000.
What is the company's fiscal year end?
Hennessy Advisors Inc.'s fiscal year ends on September 30.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 7, 2025 regarding HENNESSY ADVISORS INC (HNNAZ).