HENNESSY ADVISORS INC (HNNA)
Operating as a publicly traded entity, Hennessy Advisors, Inc. is an investment management firm that provides its expertise to the Hennessy Funds and other investment companies. The firm is responsible for establishing and overseeing a diverse array of mutual funds, including those focused on equities, fixed income, and balanced strategies. Their investment scope extends across public equity and fixed income markets worldwide, with a primary emphasis on growth-oriented stocks. All investment decisions are underpinned by comprehensive, proprietary in-house research. Founded in 1989, Hennessy Advisors, Inc. maintains its headquarters in Novato, California, complemented by additional offices in Boston, Massachusetts, and Chapel Hill, North Carolina.
Sector: Investment Advice
Industry: Asset Management
Hennessy Advisors, Inc.
NASDAQ:HNNAFinancial Services · Asset Management
-0.69%$10.11
AH Close$10.11+0.00%vs close
AH Close$10.11+0.00%vs close
Mkt Cap-
Float5.02M
O/S-
Inst Own14.0%
Div Yield5.81%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$35.54M
Net Income$9.96M
Total Assets$160.46M
Free Cash Flow$13.35M
Debt & Equity
Debt 29%
Equity 71%
Total Debt$40.5M
Total Equity$97.74M
Shares Outstanding
Short Interest
Split History3 splits
- 1.5:1Forward splitMar 7, 20171 share → 1.5
- 1.5:1Forward splitMar 8, 20071 share → 1.5
- 1.5:1Forward splitMar 8, 20061 share → 1.5
Balance Sheet Details
Assets$160.46M
Liabilities$62.72M
Accounts Receivable$3.27M
Accounts Payable$0
Inventory$0
PP&E (Net)$1.2M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 | 2005-09-30 | 2004-09-30 | 2003-09-30 | 2002-09-30 | 2001-09-30 |
| Revenue | $35.54M | $29.65M | $24.02M | $29.67M | $32.76M | $33.39M | $42.72M | $54.59M | $52.95M | $51.41M | $44.74M | $34.53M | $24.31M | $7.07M | $7.64M | $7.72M | $5.81M | $10.28M | $16.07M | $16.93M | $12M | $9.54M | $4.79M | $2.27M | $1.67M |
| YoY Growth | 19.9% | 23.4% | -19.0% | -9.4% | -1.9% | -21.8% | -21.8% | 3.1% | 3.0% | 14.9% | 29.6% | 42.0% | 243.7% | -7.5% | -1.0% | 32.9% | -43.4% | -36.1% | -5.1% | 41.2% | 25.7% | 99.4% | 110.9% | 35.6% | - |
| Cost of Revenue | $10.63M | $9.06M | $11.98M | $8.32M | $9.08M | $8.82M | $20.67M | $24.02M | $22.36M | $21.46M | $19.44M | $15.77M | $12.07M | $3.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $24.91M | $20.58M | $12.04M | $21.34M | $23.68M | $24.57M | $22.04M | $30.57M | $30.59M | $29.95M | $25.3M | $18.75M | $12.23M | $3.52M | $7.64M | $7.72M | $5.81M | $10.28M | $16.07M | $16.93M | $12M | $9.54M | $4.79M | $2.27M | $1.67M |
| Gross Margin | 70.1% | 69.4% | 50.1% | 71.9% | 72.3% | 73.6% | 51.6% | 56.0% | 57.8% | 58.3% | 56.6% | 54.3% | 50.3% | 49.8% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $6.3M | $6.48M | $5.48M | $11.3M | $12.57M | $13.01M | $5.8M | $5.86M | $5.88M | $5.81M | $5.22M | $4.37M | $3.12M | $1.64M | $5.39M | $5.97M | $5.88M | $7.01M | $8.28M | $1.66M | $939K | $872K | $642K | $409K | $205K |
| Other | $5.47M | $5.23M | $230K | $207K | $232K | $239K | $225K | $231K | $219K | $353K | $265K | $242K | $188K | $95K | $102K | $128K | $120K | $527K | $656K | $7.33M | $4.88M | $3.9M | $2.36M | $1.36M | $1.02M |
| Total Operating Expenses | $11.77M | $11.71M | $5.71M | $11.51M | $12.8M | $13.25M | $6.02M | $6.09M | $6.1M | $6.16M | $5.49M | $4.61M | $3.31M | $1.74M | $5.5M | $6.1M | $6M | $7.54M | $8.94M | $8.98M | $5.82M | $4.77M | $3M | $1.77M | $1.23M |
| Operating Income (EBIT) | $13.14M | $8.87M | $6.33M | $9.84M | $10.88M | $11.32M | $16.02M | $24.48M | $24.49M | $23.79M | $19.81M | $14.15M | $8.93M | $1.78M | $2.15M | $1.62M | -$190K | $2.74M | $7.13M | $7.95M | $6.17M | $4.77M | $1.78M | $500K | $448K |
| Operating Margin | 37.0% | 29.9% | 26.4% | 33.2% | 33.2% | 33.9% | 37.5% | 44.8% | 46.3% | 46.3% | 44.3% | 41.0% | 36.7% | 25.2% | 28.1% | 21.0% | -3.3% | 26.6% | 44.4% | 47.0% | 51.5% | 50.0% | 37.2% | 22.0% | 26.8% |
| Interest Expense | $2.29M | $2.27M | $2.26M | $2.12M | $0 | $447K | $1.08M | $1.23M | $1.26M | $1.23M | $1.01M | $1.08M | $668K | $51K | $65K | $35K | $87K | $388K | $738K | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $2.77M | $3.11M | $2.52M | $229K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $475K | $837K | $266K | -$1.89M | $2K | -$358K | -$746K | -$1.08M | -$1.24M | -$1.23M | -$1.01M | -$1.08M | -$777K | -$50K | -$64K | -$39K | -$49K | $19K | -$214K | -$620K | -$941K | -$177K | $0 | -$177K | -$249K |
| Income Before Tax (EBT) | $13.62M | $9.7M | $6.6M | $7.95M | $10.88M | $10.96M | $15.28M | $23.39M | $23.25M | $22.56M | $18.8M | $13.06M | $8.15M | $1.73M | $2.08M | $1.58M | -$239K | $2.75M | $6.92M | $7.33M | $5.23M | $4.6M | $1.78M | $323K | $200K |
| Income Tax Expense | $3.66M | $2.61M | $1.83M | $1.76M | $2.98M | $3.12M | $4.24M | $2.78M | $8.31M | $8.19M | $7.41M | $5.39M | $3.33M | $761K | $868K | $671K | -$44K | $1.14M | $2.79M | $2.93M | $2.09M | $1.83M | $721K | $14K | $800 |
| Net Income | $9.96M | $7.1M | $4.77M | $6.19M | $7.9M | $7.84M | $11.03M | $20.61M | $14.94M | $14.37M | $11.39M | $7.67M | $4.82M | $971K | $1.22M | $913K | -$195K | $1.61M | $4.13M | $4.4M | $3.14M | $2.77M | $1.06M | $309K | $199K |
| Net Income Margin | 28.0% | 23.9% | 19.9% | 20.9% | 24.1% | 23.5% | 25.8% | 37.8% | 28.2% | 27.9% | 25.5% | 22.2% | 19.8% | 13.7% | 15.9% | 11.8% | -3.4% | 15.7% | 25.7% | 26.0% | 26.2% | 29.0% | 22.2% | 13.6% | 11.9% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | 1.28 | 0.92 | 0.63 | 0.83 | 1.07 | 1.07 | 1.42 | 2.64 | 1.94 | 1.89 | 1.29 | 0.87 | 0.55 | 0.11 | 0.14 | 0.11 | -0.02 | 0.19 | 0.49 | 0.53 | 0.38 | 0.33 | 0.13 | 0.05 | 0.05 |
| Diluted EPS | 1.27 | 0.92 | 0.63 | 0.82 | 1.07 | 1.06 | 1.42 | 2.61 | 1.92 | 1.86 | 1.27 | 0.87 | 0.55 | 0.11 | 0.14 | 0.11 | -0.02 | 0.19 | 0.47 | 0.49 | 0.36 | 0.32 | 0.13 | 0.05 | 0.04 |
| Weighted Average OS | 7.79M | 7.68M | 7.58M | 7.48M | 7.37M | 7.35M | 7.76M | 7.81M | 7.69M | 7.60M | 8.83M | 8.78M | 8.72M | 8.61M | 8.59M | 8.55M | 8.51M | 8.47M | 8.45M | 8.41M | 8.29M | 8.25M | 8.27M | 6.79M | 4.19M |
| EBITDA | $13.44M | $9.11M | $6.56M | $10.05M | $11.11M | $11.56M | $16.58M | $24.85M | $24.72M | $24.14M | $20.08M | $14.39M | $9.01M | $1.88M | $2.25M | $1.75M | -$32K | $3.67M | $8.31M | $8.59M | $6.35M | $4.81M | $1.8M | $800K | $745K |
| EBITDA Margin | 37.8% | 30.7% | 27.3% | 33.9% | 33.9% | 34.6% | 38.8% | 45.5% | 46.7% | 47.0% | 44.9% | 41.7% | 37.1% | 26.6% | 29.4% | 22.6% | -0.6% | 35.7% | 51.7% | 50.7% | 52.9% | 50.4% | 37.7% | 35.2% | 44.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 | 2005-09-30 | 2004-09-30 | 2003-09-30 | 2002-09-30 | 2001-09-30 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $72.43M | $63.92M | $60.48M | $58.49M | $15.84M | $9.96M | $24.69M | $25.39M | $15.7M | $3.54M | $3.09M | $7.64M | $8.41M | $8.73M | $8.36M | $8.05M | $5.75M | $12.79M | $13.76M | $10.36M | $6.29M | $4.57M | $2.8M | $2.1M | $28K |
| Short-Term Investments | $12K | $11K | $10K | $9K | $10K | $9K | $9K | $9K | $8K | $8K | $7K | $7K | $7K | $6K | $6K | $5K | $565K | $675K | $1.17M | $5K | $5K | $5K | $4K | $4K | $4K |
| Cash and Short-Term Investments | $72.44M | $63.93M | $60.49M | $58.5M | $15.85M | $9.96M | $24.7M | $25.4M | $15.71M | $3.54M | $3.09M | $7.65M | $8.41M | $8.74M | $8.37M | $8.06M | $6.31M | $13.46M | $14.93M | $10.37M | $6.3M | $4.57M | $2.81M | $2.1M | $32K |
| Accounts Receivable | $3.27M | $3.53M | $2.55M | $2.41M | $3.07M | $2.78M | $3.68M | $4.67M | $4.91M | $4.81M | $4.05M | $3.14M | $2.4M | $643K | $548K | $619K | $0 | $0 | $1.17M | $1.41M | $1.22M | $831K | $563K | $252K | $151K |
| Inventory | $0 | $0 | $0 | $0 | -$2.79M | $0 | -$3.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $2.79M | $0 | $3.29M | $0 | $0 | $607K | $1.22M | $786K | $598K | $180K | $182K | $140K | $261K | $242K | -$847K | $275K | $102K | $25K | $0 | $0 | $0 |
| Total Current Assets | $76.52M | $68.28M | $63.7M | $61.66M | $19.71M | $13.38M | $29.01M | $30.74M | $22.9M | $10.13M | $9.41M | $12.18M | $11.68M | $9.75M | $9.33M | $9M | $7.24M | $14.14M | $15.41M | $12.28M | $7.84M | $5.49M | $3.41M | $2.35M | $183K |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.2M | $1.39M | $600K | $971K | $1.32M | $570K | $361K | $382K | $254K | $296K | $319K | $240K | $258K | $148K | $136K | $180K | $222K | $301K | $337K | $383K | $125K | $88K | $46K | $42K | $43K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $82.25M | $0 | $0 | $80.64M | $0 | $80.64M | $0 | $74.63M | $0 | $0 | $0 | $0 | $22.56M | $22.28M | $22.28M | $22.22M | $19.41M | $19.41M | $943K | $1.48M | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | -$80.64M | $0 | -$80.64M | $0 | -$74.63M | $0 | $0 | $0 | $0 | $404K | $323K | $364K | $366K | $417K | $0 | $19.41M | $19.41M | $14.14M | $5.64M | $4.48M | $3.85M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $12.44M | $0 | $10.27M | $0 | $669K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $241K | $0 | $0 | $0 | $145K | $127K | $51K | $0 | $0 |
| Other Long-Term Assets | $82.74M | $183K | $81.42M | $81.02M | $68.44M | $80.83M | $70.57M | $78.35M | $74.1M | $74.51M | $63.4M | $62.89M | $62.79M | $44K | $60K | $67K | -$188K | $71K | $547K | $95K | $113K | $63K | $8K | -$4.52M | -$3.89M |
| Total Long-Term Assets | $83.94M | $83.82M | $82.02M | $82M | $82.2M | $81.4M | $81.2M | $78.74M | $75.03M | $74.8M | $63.72M | $63.13M | $63.05M | $23.15M | $22.8M | $22.89M | $22.86M | $20.2M | $20.29M | $20.83M | $21.27M | $14.42M | $5.74M | $4.52M | $3.89M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $57K | $226K |
| Total Assets | $160.46M | $152.1M | $145.72M | $143.65M | $101.91M | $94.79M | $110.21M | $109.48M | $97.93M | $84.94M | $73.13M | $75.31M | $74.73M | $32.9M | $32.14M | $31.9M | $30.1M | $34.34M | $35.7M | $33.11M | $29.11M | $19.91M | $9.15M | $6.93M | $4.3M |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.09M | $873K | $1M | $1.39M | $1.24M | $2.02M | $2.25M | $1.82M | $1.42M | $633K | $125K | $2.25M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $4.33M | $4.23M | $4.23M | $4.23M | $4.38M | $3.75M | $1.84M | $625K | $625K | $573K | $1.97M | $2.1M | $2.09M | $2.09M | $2.09M | $1.13M | $528K | $0 | $0 |
| Current Income Tax Payable | $661K | $181K | $748K | $820K | $1.05M | $949K | $672K | $558K | $676K | $383K | $1.1M | $0 | $44K | $48K | $0 | $18K | $0 | $0 | $68K | $0 | $0 | $1K | $0 | $33K | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $202K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $3.71M | $2.94M | $2.26M | $2.21M | $2.74M | $2.57M | $116K | $166K | $202K | $32K | $94K | $142K | $32K | $87K | $24K | $50K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$33K | -$2.25M |
| Total Current Liabilities | $6.01M | $4.95M | $4.19M | $4.72M | $5.56M | $5.09M | $11.36M | $12.04M | $12.46M | $11.22M | $10.27M | $7.43M | $12.47M | $1.85M | $1.52M | $1.65M | $3.37M | $3.34M | $4.18M | $4.34M | $3.91M | $2.55M | $1.16M | $125K | $2.25M |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $39.81M | $39.48M | $39.16M | $38.87M | $0 | $0 | $13.05M | $17.5M | $21.73M | $25.96M | $30.63M | $22.97M | $15.03M | $1.3M | $1.93M | $2.55M | $0 | $4.42M | $6.51M | $8.6M | $10.69M | $6.21M | $528K | $0 | $1.84M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | -$12.44M | $0 | $0 | $0 | $202K | $0 | $0 | $0 | $0 | $0 | $0 | $24K | $4K | $26K | $35K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $16.57M | $15.66M | $14.61M | $13.49M | $12.44M | $11.52M | $10.27M | $8.96M | $12.21M | $10.43M | $9.15M | $7.5M | $5.83M | $4.53M | $3.85M | $3.18M | $2.61M | $2.03M | $1.63M | $1.22M | $829K | $452K | $151K | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $12.44M | $0 | $0 | $0 | -$669K | $0 | $0 | $0 | $11.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$528K | $0 | -$1.84M |
| Total Long-Term Liabilities | $56.71M | $55.83M | $53.77M | $52.64M | $13.08M | $11.52M | $23.32M | $26.46M | $33.94M | $36.39M | $39.77M | $30.47M | $32.48M | $5.83M | $5.78M | $5.75M | $2.61M | $6.47M | $8.17M | $9.82M | $11.52M | $6.66M | $151K | $0 | $1.84M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $62.72M | $60.79M | $57.97M | $57.35M | $18.64M | $16.61M | $34.68M | $38.5M | $46.4M | $47.61M | $50.04M | $37.9M | $44.95M | $7.68M | $7.3M | $7.4M | $5.98M | $9.81M | $12.35M | $14.16M | $15.43M | $9.21M | $1.31M | $125K | $4.09M |
| Stockholders' Equity | |||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $57.85M | $0 | $36.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $23.48M | $22.59M | $21.8M | $20.95M | $19.96M | $18.7M | $17.67M | $16.78M | $14.94M | $13.28M | $11.65M | $10.85M | $9.95M | $9.58M | $0 | $0 | $9.47M | $0 | $0 | $7.55M | $6.95M | $6.88M | $6.79M | $6.79M | $488K |
| Retained Earnings | $74.26M | $68.72M | $65.95M | $65.35M | $63.3M | $59.47M | $57.85M | $54.2M | $36.59M | $24.05M | $11.44M | $26.56M | $19.84M | $15.75M | $15.46M | $15.19M | $14.8M | $15.51M | $14.42M | $10.75M | $6.68M | $3.79M | $1.02M | -$38K | -$346K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | -$1.38M | $0 | -$922K | $0 | $0 | $0 | $0 | -$108K | -$189K | -$148K | -$146K | -$95K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$108K | $9.38M | $9.31M | -$146K | $9.01M | $8.94M | $652K | $45K | $37K | $24K | $24K | $64K |
| Total Equity | $97.74M | $91.31M | $87.75M | $86.3M | $83.26M | $78.18M | $75.53M | $70.98M | $51.53M | $37.33M | $23.09M | $37.41M | $29.79M | $25.22M | $24.84M | $24.5M | $24.12M | $24.52M | $23.36M | $18.95M | $13.68M | $10.71M | $7.84M | $6.77M | $206K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | -$7.32M | $0 | $10.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $160.46M | $152.1M | $145.72M | $143.65M | $101.91M | $94.79M | $110.21M | $109.48M | $97.93M | $84.94M | $73.13M | $75.31M | $74.73M | $32.9M | $32.14M | $31.9M | $30.1M | $34.34M | $35.7M | $33.11M | $29.11M | $19.91M | $9.15M | $6.9M | $4.3M |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $40.5M | $40.5M | $39.44M | $39.52M | $1M | $330K | $17.38M | $21.73M | $25.96M | $30.18M | $35M | $26.72M | $16.87M | $1.93M | $2.55M | $3.13M | $1.97M | $6.52M | $8.6M | $10.69M | $12.78M | $7.34M | $1.06M | $0 | $1.84M |
| Net Debt | -$31.93M | -$23.42M | -$21.03M | -$18.97M | -$14.83M | -$9.63M | -$7.31M | -$3.67M | $10.26M | $26.65M | $31.91M | $19.08M | $8.46M | -$6.8M | -$5.81M | -$4.93M | -$3.77M | -$6.27M | -$5.16M | $330K | $6.49M | $2.77M | -$1.75M | -$2.1M | $1.81M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 | 2005-09-30 | 2004-09-30 | 2003-09-30 | 2002-09-30 | 2001-09-30 |
| Operating Activities | |||||||||||||||||||||||||
| Net Income | $9.96M | $7.1M | $4.77M | $6.19M | $7.9M | $7.84M | $11.03M | $20.61M | $14.94M | $14.37M | $11.39M | $7.67M | $4.82M | $971K | $1.22M | $913K | -$195K | $1.61M | $4.13M | $4.4M | $3.14M | $2.77M | $1.06M | $309K | $199K |
| Depreciation & Amortization | $290K | $244K | $230K | $207K | $232K | $239K | $225K | $231K | $219K | $353K | $265K | $242K | $188K | $95K | $102K | $128K | $120K | $527K | $656K | $634K | $179K | $33K | $21K | $300K | $296K |
| Deferred Income Tax | $911K | $1.05M | $1.12M | $1.05M | $921K | $1.25M | $1.3M | -$2.58M | $1.72M | $1.81M | $1.49M | $1.92M | $1.6M | $653K | $626K | $693K | $562K | $480K | $364K | $275K | $359K | $238K | $120K | $0 | $0 |
| Stock-Based Compensation | $1.13M | $990K | $1.01M | $1.24M | $1.44M | $1.78M | $2.18M | $2.41M | $2.12M | $1.42M | $692K | $0 | $0 | -$1K | -$5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | $251K | -$980K | $5K | $744K | -$392K | $888K | $968K | $66K | -$99K | -$223K | -$1M | -$740K | -$1.76M | -$95K | $71K | -$59K | $110K | $495K | $243K | -$190K | -$387K | -$269K | -$318K | -$137K | $0 |
| Inventory | $0 | $0 | $0 | $0 | -$338K | $1.73M | $169K | $993K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $197K | -$161K | $0 |
| Accounts Payable | $423K | $1.28M | -$155K | -$831K | $338K | -$1.73M | -$1.54M | -$270K | $775K | $1.88M | $1.16M | $453K | $1.9M | $214K | $0 | $0 | $0 | $0 | -$161K | $430K | $401K | $783K | $475K | -$27K | $0 |
| Other Working Capital | $501K | -$742K | -$131K | -$196K | $356K | -$1.44M | -$50K | -$36K | $27K | -$902K | $591K | -$246K | -$701K | $172K | -$246K | $153K | -$85K | -$1.06M | $4K | $78K | -$257K | -$52K | -$197K | $161K | $237K |
| Total Working Capital Change | $1.18M | -$446K | -$281K | -$283K | -$36K | -$549K | -$458K | $753K | $703K | $754K | $751K | -$533K | -$563K | $291K | -$175K | $94K | $25K | -$570K | $86K | $318K | -$243K | $462K | $157K | -$164K | $237K |
| Other Non-Cash Items | $328K | $341K | $282K | $264K | -$71K | $63K | $106K | $95K | $147K | -$519K | -$139K | $116K | $115K | $28K | $115K | $209K | $361K | $168K | $582K | $643K | $8K | -$6 | -$467 | -$86K | $2K |
| Net Cash from Operating | $13.79M | $9.28M | $7.13M | $8.66M | $10.39M | $10.62M | $14.39M | $21.53M | $19.85M | $18.19M | $14.44M | $9.41M | $6.16M | $2.04M | $1.88M | $2.04M | $873K | $2.22M | $5.82M | $6.27M | $3.44M | $3.5M | $1.36M | $358K | $734K |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -$440K | -$313K | -$215K | -$216K | -$249K | -$172K | -$204K | -$360K | -$176K | -$184K | -$258K | -$140K | -$253K | -$101K | -$52K | -$69K | -$25K | -$70K | -$55K | -$370K | -$68K | -$68K | -$25K | -$20K | -$2K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$512K | $0 | $0 | $0 | -$8.5M | -$629K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8.51M | -$629K | -$11K | -$154 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $404K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$187K | -$990K | -$604K | -$15K | $0 | -$710K | -$1.77M | -$3.54M | -$269K | -$11.68M | -$192K | -$19.15M | -$20.68M | -$273K | $0 | -$64K | -$2.81M | $0 | $0 | $0 | -$6.88M | $8.5M | $629K | $0 | $0 |
| Net Cash from Investing | -$627K | -$1.3M | -$819K | -$231K | -$249K | -$882K | -$1.97M | -$3.9M | -$445K | -$11.86M | -$450K | -$19.29M | -$20.53M | -$374K | -$52K | -$133K | -$2.84M | -$582K | -$55K | -$370K | -$6.95M | -$8.57M | -$654K | -$31K | -$2K |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | - | - | - | -$39.04M | - | $17.5M | $4.38M | $4.38M | $4.38M | $4.38M | -$8.28M | -$9.86M | -$14.94M | $625K | - | -$2M | $4.56M | $2.09M | $2.09M | $2.09M | -$5.44M | -$6.77M | - | $400 | $34K |
| Common Stock Issuance | $7K | $27K | $9K | $5K | $38K | $22K | $20K | $16K | $3K | $15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $185K | $568K | $70K | $93K | $0 | $5.75M | $0 |
| Common Stock Repurchases | -$459K | -$403K | -$233K | -$356K | -$322K | -$3.03M | -$5.15M | -$660K | -$654K | $0 | -$25.06M | $0 | $0 | $0 | $0 | -$219K | $0 | $0 | -$2K | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$4.2M | -$8K | -$4.1M | -$4.04M | -$3.97M | -$3.97M | -$3.54M | -$2.88M | -$2.21M | -$1.5M | -$1.38M | -$898K | -$729K | -$685K | -$945K | -$522K | -$517K | -$515K | -$456K | -$318K | -$246K | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$4.14M | $0 | -$430K | $0 | $0 | -$84K | -$23K | $0 | -$15K | -$392K | $161K | -$164K | $15K | $0 | -$31K | $0 | $0 | -$2K | $7K | -$40K | -$22K | $0 | -$4M | -$675K |
| Net Cash from Financing | -$4.66M | -$4.53M | -$4.33M | $34.22M | -$4.26M | -$24.47M | -$13.13M | -$7.94M | -$7.24M | -$5.88M | -$18.55M | $9.12M | $14.05M | -$1.29M | -$1.52M | $403K | -$5.08M | -$2.61M | -$2.37M | -$1.83M | $5.23M | $6.84M | $0 | $1.74M | -$709K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $8.51M | $3.45M | $1.99M | $42.65M | $5.88M | -$14.73M | -$708K | $9.7M | $12.16M | $449K | -$4.56M | -$761K | -$324K | $368K | $308K | $2.31M | -$7.04M | -$972K | $3.4M | $4.07M | $1.72M | $1.77M | $705K | $2.07M | $23K |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | $13.79M | $9.28M | $7.13M | $8.66M | $10.39M | $10.62M | $14.39M | $21.53M | $19.85M | $18.19M | $14.44M | $9.41M | $6.16M | $2.04M | $1.88M | $2.04M | $873K | $2.22M | $5.82M | $6.27M | $3.44M | $3.5M | $1.36M | $358K | $734K |
| Capital Expenditure | -$440K | -$313K | -$215K | -$216K | -$249K | -$172K | -$204K | -$360K | -$176K | -$184K | -$258K | -$140K | -$253K | -$101K | -$52K | -$69K | -$2.84M | -$70K | -$55K | -$370K | -$68K | -$68K | -$25K | -$20K | -$2K |
| Free Cash Flow | $13.35M | $8.96M | $6.92M | $8.45M | $10.14M | $10.45M | $14.19M | $21.17M | $19.67M | $18M | $14.19M | $9.27M | $5.91M | $1.94M | $1.83M | $1.97M | -$1.97M | $2.15M | $5.77M | $5.9M | $3.37M | $3.43M | $1.33M | $338K | $732K |
| Cash at Beginning | $63.92M | $60.48M | $58.49M | $15.84M | $9.96M | $24.69M | $25.39M | $15.7M | $3.54M | $3.09M | $7.64M | $8.41M | $8.73M | $8.36M | $8.05M | $5.75M | $12.79M | $13.76M | $10.36M | $6.29M | $4.57M | $2.8M | $2.1M | $28K | $6K |
| Cash at End | $72.43M | $63.92M | $60.48M | $58.49M | $15.84M | $9.96M | $24.69M | $25.39M | $15.7M | $3.54M | $3.09M | $7.64M | $8.41M | $8.73M | $8.36M | $8.05M | $5.75M | $12.79M | $13.76M | $10.36M | $6.29M | $4.57M | $2.8M | $2.1M | $28K |