Hennessy Advisors Inc
HNNA Nasdaq· Investment Advice
Last close · Oct 23, 2026
$10.18
KIRA · Stoqly’s AI analyst, in plain words
- Hennessy Advisors Inc had $35.5M of revenue in fiscal 2025, up 19.9% on the year before. Over five years, revenue changed +1.3% a year on average.
- Its operating margin was 37.0%, up 7.1 pts: of every 100 in sales, about 37 is left after running the business.
- Hennessy Advisors Inc made $10.0M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew −4.2% a year.
- Free cash flow was $13.4M in fiscal 2025, 37.6% of revenue.
- Hennessy Advisors Inc returned $4.2M to shareholders in fiscal 2025, 31% of free cash flow. The diluted share count rose 1.4%.
Market cap
$81.8M
P/E
9.7x
Revenue
$35.5M
Net income
$10.0M
Free cash flow
$13.4M
Operating margin
37.0%
Hennessy Advisors Inc in 30 seconds · fiscal 2025
Are sales growing?
+19.9%
Yes. Sales grew 19.9% last year.
Does it make a profit?
28.0%
Yes. It keeps 28.0% of every sale as profit.
Does profit turn into cash?
37.6%
Yes. 37.6% of sales ends up as free cash.
How healthy are the accounts?
5 / 7
Mixed. It passes 5 of 7 health tests.
How is the share priced?
9.7x
One share costs 9.7 times its yearly profit per share.
What Hennessy Advisors Inc does
No business description yet.
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Dec 3, 2025
- Legal name
- HENNESSY ADVISORS INC
- CIK
- 0001145255
Hennessy Advisors Inc · HNNA
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $32.8M | $29.7M | $24.0M | $29.6M | $35.5M |
| Revenue growth | −1.9% | −9.4% | −19.0% | 23.4% | 19.9% |
| Operating margin | 33.2% | 33.2% | 26.4% | 29.9% | 37.0% |
| Net income | $7.9M | $6.2M | $4.8M | $7.1M | $10.0M |
| Net margin | 24.1% | 20.9% | 19.9% | 23.9% | 28.0% |
| Diluted EPS | $1.07 | $0.82 | $0.63 | $0.92 | $1.27 |
| Cash | |||||
| Cash from operations | $10.4M | $8.7M | $7.1M | $9.3M | $13.8M |
| Capital expenditure | $0.2M | $0.2M | $0.2M | $0.3M | $0.4M |
| Free cash flow | $10.1M | $8.4M | $6.9M | $9.0M | $13.4M |
| FCF margin | 30.9% | 28.5% | 28.8% | 30.2% | 37.6% |
| Dividends paid | $4.0M | $4.0M | $4.1M | $4.2M | $4.2M |
| Share count change | 0.4% | 2.0% | 0.6% | 1.6% | 1.4% |
| Debt and strength | |||||
| Cash and short-term investments | $15.8M | $58.5M | $60.5M | $63.9M | $72.4M |
| Shareholders' equity | $83.3M | $86.3M | $87.8M | $91.3M | $97.7M |
| Current ratio | 3.5x | 13.1x | 15.2x | 13.8x | 12.7x |
| Interest coverage | — | 4.6x | 2.8x | 3.9x | 5.7x |
| Returns and quality | |||||
| Return on equity | 9.8% | 7.3% | 5.5% | 7.9% | 10.5% |
| Return on tangible equity | 9.5% | 7.2% | 5.4% | 7.8% | 10.2% |
| Piotroski F-score | 4 | 4 | 4 | 5 | 5 |
| Altman Z'' | 8.3 | 6.1 | 6.0 | 6.2 | 6.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.2M
4 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Hennessy Advisors Inc · HNNA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $10.18 a share, the company is worth $81.8M: 9.7 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001145255). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.