HENNESSY ADVISORS INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that HENNESSY ADVISORS INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Sep 30, 2018 | $54.59M | Nov 28, 2018 |
| FY2017 | Sep 30, 2017 | $13.25M | Dec 4, 2017 |
| FY2017 | Jun 30, 2017 | $13.18M | Dec 4, 2017 |
| FY2017 | Mar 31, 2017 | $13.24M | Dec 4, 2017 |
| FY2017 | Dec 31, 2016 | $13.29M | Dec 4, 2017 |
| FY2017 | Sep 30, 2016 | $13.07M | Dec 4, 2017 |
| FY2017 | Jun 30, 2016 | $13.00M | Dec 4, 2017 |
| FY2017 | Mar 31, 2016 | $12.19M | Dec 4, 2017 |
| FY2017 | Dec 31, 2015 | $13.15M | Dec 4, 2017 |
| FY2017 | Sep 30, 2015 | $44.74M | Dec 4, 2017 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $35.54M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $29.65M | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | $24.02M | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | $29.67M | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | $32.76M | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | $33.39M | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | $42.72M | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | $54.59M | Dec 3, 2019 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $9.96M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $7.10M | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | $4.77M | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | $6.19M | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | $7.90M | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | $7.84M | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | $11.03M | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | $20.62M | Dec 3, 2019 |
| FY2017 | Sep 30, 2017 | $3.36M | Dec 4, 2017 |
| FY2017 | Jun 30, 2017 | $3.96M | Dec 4, 2017 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $13.15M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $8.87M | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | $6.33M | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | $9.84M | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | $10.88M | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | $11.32M | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | $16.02M | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | $24.48M | Dec 3, 2019 |
| FY2017 | Sep 30, 2017 | $5.72M | Dec 4, 2017 |
| FY2017 | Jun 30, 2017 | $6.27M | Dec 4, 2017 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $13.79M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $9.28M | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | $7.13M | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | $8.67M | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | $10.39M | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | $10.62M | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | $14.39M | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | $21.53M | Dec 3, 2019 |
| FY2018 | Sep 30, 2017 | $19.85M | Nov 28, 2018 |
| FY2013 | Sep 30, 2013 | $6.16M | Dec 4, 2013 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $440.0K | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $313.0K | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | $215.0K | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | $216.0K | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | $249.0K | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | $172.0K | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | $204.0K | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | $360.0K | Dec 3, 2019 |
| FY2018 | Sep 30, 2017 | $176.0K | Nov 28, 2018 |
| FY2017 | Sep 30, 2016 | $184.0K | Dec 4, 2017 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $160.46M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $152.10M | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | $145.72M | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | $143.65M | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | $101.91M | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | $94.79M | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | $110.21M | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | $109.48M | Dec 3, 2019 |
| FY2018 | Sep 30, 2017 | $97.26M | Nov 28, 2018 |
| FY2017 | Sep 30, 2016 | $84.94M | Dec 4, 2017 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $62.72M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $60.79M | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | $57.97M | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | $57.35M | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | $18.64M | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | $16.61M | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | $34.68M | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | $38.50M | Dec 3, 2019 |
| FY2018 | Sep 30, 2017 | $45.73M | Nov 28, 2018 |
| FY2017 | Sep 30, 2016 | $47.61M | Dec 4, 2017 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $97.74M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $91.31M | Dec 3, 2025 |
| FY2025 | Sep 30, 2023 | $87.75M | Dec 3, 2025 |
| FY2024 | Sep 30, 2022 | $86.30M | Dec 11, 2024 |
| FY2023 | Sep 30, 2021 | $83.26M | Dec 7, 2023 |
| FY2022 | Sep 30, 2020 | $78.18M | Dec 7, 2022 |
| FY2021 | Sep 30, 2019 | $75.53M | Nov 24, 2021 |
| FY2020 | Sep 30, 2018 | $70.98M | Dec 1, 2020 |
| FY2019 | Sep 30, 2017 | $51.53M | Dec 3, 2019 |
| FY2018 | Sep 30, 2016 | $37.33M | Nov 28, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $74.26M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $68.72M | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | $65.95M | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | $65.35M | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | $63.30M | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | $59.47M | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | $57.86M | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | $54.20M | Dec 3, 2019 |
| FY2018 | Sep 30, 2017 | $36.59M | Nov 28, 2018 |
| FY2017 | Sep 30, 2016 | $24.05M | Dec 4, 2017 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $72.43M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | $63.92M | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | $60.48M | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | $58.49M | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | $15.84M | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | $9.96M | Nov 24, 2021 |
| FY2021 | Sep 30, 2019 | $24.69M | Nov 24, 2021 |
| FY2020 | Sep 30, 2018 | $25.40M | Dec 1, 2020 |
| FY2019 | Sep 30, 2017 | $15.70M | Dec 3, 2019 |
| FY2018 | Sep 30, 2016 | $3.54M | Nov 28, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Sep 30, 2017 | $25.96M | Dec 4, 2017 |
| FY2017 | Sep 30, 2016 | $30.18M | Dec 4, 2017 |
| FY2012 | Sep 30, 2012 | $7.90M | Dec 6, 2012 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | 1 | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | 0 | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | 0 | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | 1 | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | 1 | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | 1 | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | 2 | Dec 3, 2019 |
| FY2017 | Sep 30, 2017 | 0 | Dec 4, 2017 |
| FY2017 | Jun 30, 2017 | 0 | Dec 4, 2017 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | 1 | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | 0 | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | 0 | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | 1 | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | 1 | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | 1 | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | 2 | Dec 3, 2019 |
| FY2017 | Sep 30, 2017 | 0 | Dec 4, 2017 |
| FY2017 | Jun 30, 2017 | 0 | Dec 4, 2017 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | 7.89M | Dec 3, 2025 |
| FY2025 | Sep 30, 2024 | 7.78M | Dec 3, 2025 |
| FY2024 | Sep 30, 2023 | 7.67M | Dec 11, 2024 |
| FY2023 | Sep 30, 2022 | 7.57M | Dec 7, 2023 |
| FY2022 | Sep 30, 2021 | 7.47M | Dec 7, 2022 |
| FY2021 | Sep 30, 2020 | 7.36M | Nov 24, 2021 |
| FY2020 | Sep 30, 2019 | 7.53M | Dec 1, 2020 |
| FY2019 | Sep 30, 2018 | 7.90M | Dec 3, 2019 |
| FY2018 | Sep 30, 2017 | 7.78M | Nov 28, 2018 |
| FY2017 | Sep 30, 2016 | 7.66M | Dec 4, 2017 |