Hennessy Advisors, Inc.

HNNA Financial Asset Management

Hennessy Advisors, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $35.5 million, up 19.9% from fiscal 2024. In the quarter to June 2026, revenue grew 4.17%, EPS fell 3.85% and free cash flow fell 6.00%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for three.

10.25 0.18 −1.73%
Market cap
$82.5M
P/E
9.9×
Fwd P/E
10.6×
Dividend yield
5.73%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.

Sep '16 Sep '17 Sep '18 Sep '19 Sep '20 Sep '21 Sep '22 Sep '23 Sep '24 Sep '25
Cash and Short Term Investments
3.54 15.71 25.40 24.70 9.96 15.85 58.50 60.49 63.93 72.44
Receivables
4.81 4.91 4.67 3.68 2.78 3.07 2.41 2.55 3.53 3.28
Total current assets
10.14 22.23 30.74 29.01 13.38 19.71 61.66 63.70 68.28 76.52
Property, Plant, Equpment (Net)
0.30 0.25 0.38 0.36 0.29 0.31 0.32 0.31 0.37 0.52
Long-term assets (Other)
74.51 74.77 78.35 80.84 80.83 80.88 81.02 81.42 82.44 82.74
Total non-current assets
74.80 75.03 78.74 81.20 81.13 81.19 81.34 81.72 82.81 83.27
Total Assets
84.94 97.26 109.48 110.21 94.79 101.91 143.65 145.72 152.10 160.46
Accrued Expenses
6.58 7.35 7.08 5.54 3.81 4.15 3.53 3.17 4.44 4.99
Current Part of Debt
4.23 4.23 4.23 5.04 — — — — — —
Current Part of Taxes to Pay
0.38 0.68 0.56 0.67 0.95 1.05 0.82 0.75 0.18 0.66
Current Revenue (Deferred)
0.03 0.20 0.17 0.12 0.00 — — — — —
Total current liabilities
11.22 12.46 12.04 11.36 5.09 5.56 4.72 4.19 4.95 6.01
Long Term Debt (Total)
25.96 21.73 17.50 13.05 — 0.65 38.87 39.16 39.48 39.81
Long Term Tax Liability (Deferred)
10.43 11.54 8.97 10.27 11.52 12.44 13.49 14.61 15.66 16.57
Total non-current liabilities
36.39 33.27 26.47 23.32 11.52 13.08 52.64 53.78 55.83 56.71
Total liabilities
47.61 45.73 38.50 34.68 16.61 18.64 57.35 57.97 60.79 62.72
Common Stock (Net)
13.28 14.94 16.78 17.67 18.71 19.96 20.95 21.80 22.59 23.48
Retained Earnings
24.05 36.59 54.20 57.86 59.47 63.30 65.35 65.95 68.72 74.26
Common Equity (Total)
37.33 51.53 70.98 75.53 78.18 83.26 86.30 87.75 91.31 97.74
Shareholders Equity (Total)
37.33 51.53 70.98 75.53 78.18 83.26 86.30 87.75 91.31 97.74
Shareholders Equity and Liabilities (Total)
84.94 97.26 109.48 110.21 94.79 101.91 143.65 145.72 152.10 160.46
Shares (Common)
7.66 7.78 7.90 7.53 7.36 7.47 7.57 7.67 7.78 7.89
Shareholders Equity (Tangible)
37.33 51.53 70.98 75.53 78.18 83.26 86.30 87.75 91.31 97.74
Net Debt
26.64 10.25 (3.68) (6.61) (9.96) (15.20) (19.63) (21.32) (24.46) (32.64)
Total Debt
30.18 25.96 21.73 18.09 0.33 0.65 38.87 39.16 39.48 39.81

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In millions of $ except per-share values · columns are period end dates