abrdn Life Sciences Investors (HQL)
Tekla Life Sciences Investors, a closed-ended equity mutual fund, is expertly managed by Tekla Capital Management LLC. This U.S.-domiciled fund, which commenced operations on February 20, 1992, and was formerly known as H&Q Life Sciences Investors, seeks investment opportunities in publicly traded companies worldwide. Its primary focus lies within the broad life sciences sector, encompassing a diverse range of industries such as biotechnology, pharmaceuticals, diagnostics, managed healthcare, medical equipment, hospitals, healthcare information technology and services, and medical devices and supplies. The fund also extends its investment purview to include the agriculture and environmental management sectors. It predominantly allocates capital to growth-oriented businesses, particularly those with small market capitalizations. Investment decisions are rooted in rigorous fundamental analysis, which assesses critical factors like a company's market position for its offerings, the acumen of its management team, its technological prowess, and its capability to either self-finance expansion or attract external funding to build its portfolio. The fund's performance is gauged against two key benchmarks: the NASDAQ Biotech Index and the S&P 500 Index.
Industry: Asset Management
Tekla Life Sciences Investors
NYSE:HQLFinancial Services · Asset Management
-1.23%$17.73
AH Close$17.73+0.00%vs close
AH Close$17.73+0.00%vs close
Mkt Cap$539.13M
Float30.41M
O/S30.41M
Inst Own25.9%
Div Yield12.63%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$86.39M
Net Income$85.59M
Total Assets$515.38M
Free Cash Flow-$2.32M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$513.66M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HQL's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$515.38M
Liabilities$1.73M
Accounts Receivable$1.14M
Accounts Payable$721K
Inventory$0
PP&E (Net)$0
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 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 1998-09-30 | 1997-09-30 | 1996-09-30 |
| Revenue | $86.39M | $86.69M | $39.39M | $31.86M | $45.02M | $39.07M | $2.44M | $1.99M | $69.81M | $6.29M | $1.32M | $877K | $517K | $2.14M | $570K | $1.82M | $460K | $1.67M | $2.88M | $2.3M | $890K | $320K | $610K | $940K | $1.77M | $140K | $320K | $420K |
| YoY Growth | -0.3% | 120.1% | 23.6% | -29.2% | 15.2% | 1500.9% | 22.9% | -97.2% | 1009.6% | 375.7% | 50.8% | 69.7% | -75.9% | 276.2% | -68.7% | 295.7% | -72.5% | -42.0% | 25.2% | 158.4% | 178.1% | -47.5% | -35.1% | -46.9% | 1164.3% | -56.3% | -23.8% | - |
| Cost of Revenue | $4.97M | $5.36M | $5.24M | $5.55M | $6.08M | $5.21M | $0 | $0 | $4.61M | $4.95M | $5.65M | $4.14M | $3.1M | $2.48M | $3.02M | $2.99M | $2.85M | $3.76M | $3.62M | $2.93M | $2.81M | $2.78M | $2.44M | $2.86M | $3.26M | $1.64M | $1.63M | $1.6M |
| Gross Profit | $86.39M | $86.69M | $18.28M | $26.31M | $38.95M | $33.87M | $2.44M | $1.99M | $65.2M | $1.34M | -$4.33M | -$3.26M | -$2.58M | -$335K | -$2.45M | -$1.17M | -$2.39M | -$2.09M | -$740K | -$630K | -$1.92M | -$2.46M | -$1.83M | -$1.92M | -$1.49M | -$1.5M | -$1.31M | -$1.18M |
| Gross Margin | 100.0% | 100.0% | 46.4% | 82.6% | 86.5% | 86.7% | 100.0% | 100.0% | 93.4% | 21.3% | -327.0% | -372.2% | -499.9% | -15.6% | -429.8% | -64.3% | -519.6% | -125.1% | -25.7% | -27.4% | -215.7% | -768.8% | -300.0% | -204.3% | -84.2% | -1071.4% | -409.4% | -281.0% |
| Research and Development | $0 | $0 | $0 | -$3 | $0 | $3 | $0 | $0 | $1 | -$2 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $743K | $1.33M | $903K | $1.08M | $844K | $751K | $5.32M | $5.59M | $992K | -$2 | $6.04M | $4.64M | $3.69M | $3.43M | $1.15M | $630K | $590K | $680K | $720K | $550K | $510K | $530K | $450K | $470K | $340K | $230K | $190K | $0 |
| Other | $48K | $57K | $268K | $276K | $314K | $279K | $0 | $0 | $423K | $20.74M | $143K | $130K | $150K | $200K | $200K | $160K | $170K | $140K | $250K | $160K | $150K | $80K | $60K | $120K | $110K | $10K | $40K | $290K |
| Total Operating Expenses | $792K | $1.39M | $1.17M | $1.35M | $1.16M | $1.03M | $5.32M | $5.59M | $1.26M | $13.35M | $39.18M | $88.39M | $84.13M | $75.49M | $1.35M | $790K | $760K | $820K | $970K | $710K | $660K | $610K | $510K | $590K | $450K | $240K | $230K | $290K |
| Operating Income (EBIT) | $85.59M | $85.3M | -$5.24M | -$104.6M | $64.53M | $123.05M | -$2.88M | -$3.61M | -$3.88M | -$3.79M | -$4.72M | -$3.77M | -$3.17M | -$1.28M | -$3.8M | -$1.96M | -$3.15M | -$2.92M | -$1.71M | -$1.34M | -$2.59M | -$3.07M | -$2.34M | -$2.52M | -$1.94M | -$1.75M | -$1.53M | -$1.47M |
| Operating Margin | 99.1% | 98.4% | -13.3% | -328.3% | 143.3% | 314.9% | -118.0% | -181.6% | -5.6% | -60.3% | -357.0% | -429.5% | -613.4% | -59.8% | -666.7% | -107.7% | -684.8% | -174.9% | -59.4% | -58.3% | -291.0% | -959.4% | -383.6% | -268.1% | -109.6% | -1250.0% | -478.1% | -350.0% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45.22M | $93.03M | $87.82M | $78.91M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $350K | $1.04M | $204K | $50K | $0 | $165K | $0 | $0 | $91K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $87.22M | $27.6M | $2K | -$8K | -$11K | -$67.6M | $32.27M | $72.74M | -$8.12M | $45.22M | $93.03M | $87.82M | $78.91M | $41.27M | $12.15M | -$18.52M | $63.17M | $52.22M | -$20.1M | $47.35M | $10.23M | $40.96M | -$47.89M | -$93.09M | -$28.63M | $16.72M | $23.28M |
| Income Before Tax (EBT) | $85.59M | $85.3M | $22.35M | -$104.6M | $64.53M | $123.05M | -$70.48M | $28.66M | $68.56M | -$11.91M | $40.5M | $89.27M | $84.65M | $77.63M | $37.47M | $10.19M | -$21.67M | $60.25M | $50.51M | -$21.44M | $44.76M | $7.16M | $38.62M | -$50.41M | -$95.03M | -$30.38M | $15.19M | $21.81M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $85.59M | $85.3M | $22.35M | -$104.6M | $64.53M | $123.05M | -$70.48M | $28.66M | $68.56M | -$11.91M | $40.5M | $89.27M | $84.65M | $77.63M | $37.47M | $10.19M | -$21.67M | $60.25M | $50.51M | -$21.44M | $44.76M | $7.16M | $38.62M | -$50.41M | -$95.03M | -$30.38M | $15.19M | $21.81M |
| Net Income Margin | 99.1% | 98.4% | 56.8% | -328.3% | 143.3% | 314.9% | -2887.8% | 1443.4% | 98.2% | -189.3% | 3062.1% | 10181.2% | 16380.1% | 3620.0% | 6573.7% | 559.9% | -4710.9% | 3607.8% | 1753.8% | -932.2% | 5029.2% | 2237.5% | 6331.1% | -5362.8% | -5368.9% | -21700.0% | 4746.9% | 5192.9% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | 2.96 | 3.04 | 0.79 | -4.07 | 2.66 | 5.16 | -3.04 | 1.28 | 3.21 | -1.00 | 2.06 | 4.70 | 5.65 | 5.38 | 2.57 | 0.47 | -0.99 | 2.86 | 2.52 | -1.11 | 3.55 | 0.59 | 3.38 | -4.84 | -10.20 | -4.17 | 2.17 | 3.26 |
| Diluted EPS | 2.96 | 3.04 | 0.79 | -4.07 | 2.66 | 5.16 | -3.04 | 1.28 | 3.21 | -0.57 | 2.06 | 4.70 | 5.64 | 5.38 | 2.57 | 0.47 | -0.99 | 2.86 | 2.52 | -1.11 | 3.55 | 0.59 | 3.38 | -4.84 | -10.20 | -4.17 | 2.17 | 3.26 |
| Weighted Average OS | 28.87M | 28.06M | 28.29M | 25.68M | 24.26M | 23.85M | 23.18M | 22.41M | 21.36M | 11.91M | 19.69M | 19.00M | 14.99M | 14.43M | 14.58M | 21.84M | 21.95M | 21.08M | 20.08M | 19,230 | 12.61M | 12.07M | 11.41M | 10.41M | 9.32M | 7.29M | 7.01M | 6.68M |
| EBITDA | $85.59M | $87.22M | $24.53M | -$101.62M | $68.68M | $123.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $157.82M | $37.47M | $10.19M | -$3.15M | $60.25M | $50.51M | -$1.34M | $44.76M | $7.16M | $38.62M | -$2.52M | -$1.94M | -$1.75M | $15.19M | $21.81M |
| EBITDA Margin | 99.1% | 100.6% | 62.3% | -318.9% | 152.5% | 315.0% | - | - | - | - | - | - | - | 7359.4% | 6573.7% | 559.9% | -684.8% | 3607.8% | 1753.8% | -58.3% | 5029.2% | 2237.5% | 6331.1% | -268.1% | -109.6% | -1250.0% | 4746.9% | 5192.9% |
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 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 1998-09-30 | 1997-09-30 | 1996-09-30 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $76K | $1 | $477 | $445 | $990 | -$4.97M | $1.12M | $0 | $615K | $10K | $403 | $2K | $37K | $689 | $0 | $0 | $5.5M | $0 | $0 | $0 | $0 | $700K | $1.1M | $100K | $400K | $0 | $100K | $200K |
| Short-Term Investments | $0 | $17.23M | $15.24M | $0 | $0 | $4.97M | $0 | $0 | $0 | $9.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $76K | $1 | $15.24M | $445 | $990 | $4.97M | $1.12M | $0 | $615K | $9.86M | $403 | $2K | $37K | $689 | $0 | $0 | $5.5M | $0 | $0 | $0 | $0 | $700K | $1.1M | $100K | $400K | $0 | $100K | $200K |
| Accounts Receivable | $1.14M | $231K | $5.04M | $623K | $150K | $74K | $4.36M | $11.19M | $18K | $10.23M | $1.52M | $595K | $4.37M | $6.24M | $800K | $500K | $3M | $1.8M | $200K | $1.4M | $2.5M | $500K | $100K | $1M | $1.5M | $100K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $17.51M | $0 | $10.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $9K | $0 | -$25K | -$33K | -$4.99M | -$17.93M | $13.07M | $9.61M | $9.85M | $20.16M | $4.13M | $2.7M | $3.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.25M | $282K | $5.05M | $624K | $145K | $74K | $5.09M | $11.19M | $633K | $20.12M | $21.72M | $4.76M | $7.15M | $9.92M | $800K | $500K | $8.5M | $1.8M | $200K | $1.4M | $2.5M | $1.2M | $1.2M | $1.1M | $1.9M | $100K | $100K | $200K |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $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 | $0 | $0 | $0 |
| 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 | $0 | $0 | $0 |
| Intangible Assets | $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 | $0 | $0 | $0 |
| Long-Term Investments | $505.7M | $460.3M | $397.53M | $414.08M | $534.01M | $483.97M | $381.47M | $466.45M | $466.98M | $370.84M | $443.83M | $440.09M | $295.35M | $216.34M | $170M | $255.4M | $255.9M | $277.9M | $308.8M | $269.4M | $227.7M | $191.8M | $191.7M | $156.8M | $214M | $101.3M | $132.1M | $123.5M |
| Deferred Tax Assets | $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 | $0 | $0 | $0 |
| Other Long-Term Assets | $514.13M | $13.9M | $402.57M | $414.7M | $534.01M | $0 | $0 | -$466.45M | -$466.98M | $26.67M | $2.31M | -$257 | $328K | -$216.34M | -$170M | -$255.4M | -$255.9M | -$277.9M | -$308.8M | -$269.4M | -$227.7M | -$191.8M | -$191.7M | -$156.8M | -$214M | -$101.3M | -$132.1M | -$123.5M |
| Total Long-Term Assets | $514.13M | $474.2M | $397.53M | $414.08M | $534.01M | $483.97M | $381.47M | $466.45M | $466.98M | $397.51M | $446.14M | $440.09M | $295.67M | $216.34M | $170M | $255.4M | $255.9M | $277.9M | $308.8M | $269.4M | $227.7M | $191.8M | $191.7M | $156.8M | $214M | $101.3M | $132.1M | $123.5M |
| Other Assets | $0 | -$13.9M | $26K | $25K | $33K | $119K | $417K | $825K | $719K | $912 | $0 | $0 | $0 | $1.22M | $800K | $900K | $700K | $1.3M | $100K | $0 | $100K | $100K | $100K | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $515.38M | $460.58M | $402.6M | $414.73M | $534.19M | $484.17M | $386.98M | $478.47M | $468.33M | $417.63M | $467.85M | $444.84M | $302.82M | $227.48M | $171.6M | $256.8M | $265.1M | $281M | $309.1M | $270.8M | $230.3M | $193.1M | $193M | $157.9M | $215.9M | $101.4M | $132.2M | $123.7M |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $721K | $2K | $0 | $5.1M | $150K | $0 | $2.82M | $2.35M | $1.31M | $2.1M | $4.21M | $141K | $36K | $0 | $600K | $4.8M | $16M | $2.7M | $600K | $2.1M | $600K | $900K | $2.3M | $0 | $300K | $1.2M | $0 | $400K |
| Short-Term Debt | $0 | $0 | $0 | $11.09M | $10.04M | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $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 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $5.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $51K | $0 | -$16.18M | -$8M | -$2K | $0 | -$2.35M | -$1.31M | $0 | $0 | $0 | $0 | $405K | -$600K | -$4.8M | -$16M | -$2.7M | -$600K | -$2.1M | -$600K | -$900K | -$2.3M | $0 | -$300K | -$1.2M | $0 | -$400K |
| Total Current Liabilities | $721K | $889K | $0 | $5.1M | $10.75M | $581K | $2.82M | $2.35M | $1.31M | $2.66M | $5.01M | $755K | $530K | $405K | $600K | $4.8M | $16M | $2.7M | $600K | $2.1M | $600K | $900K | $2.3M | $0 | $300K | $1.2M | $0 | $400K |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $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 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $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 | $0 | $0 | $0 |
| Long-Term Deferred Tax 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 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.01M | $887K | $667K | $11.72M | $10.75M | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.01M | $887K | $667K | $11.72M | $10.75M | $14K | $3.33M | $2.98M | $1.98M | $2.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $889K | $0 | $6.62M | -$9.4M | -$555K | -$3.33M | -$2.35M | -$1.31M | -$2.66M | $0 | $0 | $0 | $0 | $1M | $5.4M | $16.5M | $3.2M | $1.1M | $2.7M | $1M | $1.3M | $2.6M | $300K | $800K | $1.4M | $200K | $600K |
| Total Liabilities | $1.73M | $889K | $667K | $16.82M | $10.75M | $595K | $2.82M | $2.98M | $1.98M | $2.66M | $5.01M | $755K | $530K | $405K | $1M | $5.4M | $16.5M | $3.2M | $1.1M | $2.7M | $1M | $1.3M | $2.6M | $300K | $800K | $1.4M | $200K | $600K |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $296K | $281K | $268K | $257K | $247K | $239K | $345.29M | $333.78M | $317.62M | $301.31M | $281.46M | $262.95M | $183.53M | $173.76M | $173.9M | $271.9M | $273.6M | $282.3M | $272.9M | $262.9M | $177.5M | $169M | $158.5M | $145.3M | $127.4M | $85.7M | $83.6M | $80.5M |
| Retained Earnings | $77.6M | $44.13M | -$1.48M | $9.55M | $150.7M | $127.03M | $38.36M | $141.71M | -$23K | -$2.73M | $181.38M | $181.13M | $118.76M | $53.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $148.73M | $116.39M | $0 | $0 | $0 | $53.3M | -$3.3M | -$20.5M | -$25.1M | -$4.4M | $35.1M | $5.2M | $51.7M | $22.8M | $31.8M | $12.2M | $87.8M | $14.3M | $48.4M | $42.6M |
| Other Stockholders' Equity | $435.76M | $415.29M | $403.15M | $388.1M | $372.49M | $356.3M | $0 | $0 | $148.75M | $116.39M | $0 | $1K | $1K | $0 | -$3.3M | -$20.5M | -$25M | -$4.5M | $35.1M | $5.2M | $51.8M | $22.8M | $31.9M | $12.3M | $87.8M | $14.3M | $48.4M | $42.6M |
| Total Equity | $513.66M | $459.69M | $401.93M | $397.9M | $523.44M | $483.57M | $383.65M | $475.49M | $466.35M | $414.97M | $462.84M | $444.09M | $302.29M | $227.08M | $170.6M | $251.4M | $248.6M | $277.8M | $308M | $268.1M | $229.3M | $191.8M | $190.4M | $157.6M | $215.2M | $100M | $132M | $123.1M |
| Minority Interest | $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 | $0 | $0 | $0 |
| Total Liabilities and Equity | $515.38M | $460.58M | $402.6M | $414.73M | $534.19M | $484.17M | $386.48M | $478.47M | $468.33M | $417.63M | $467.85M | $444.84M | $302.82M | $227.48M | $171.6M | $256.8M | $265.1M | $281M | $309.1M | $270.8M | $230.3M | $193.1M | $193M | $157.9M | $216M | $101.4M | $132.2M | $123.7M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $0 | $0 | $0 | $11.09M | $1.34M | $26K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$76K | -$1 | -$477 | $11K | $1.34M | $4.99M | -$1.12M | $0 | -$615K | -$10K | -$403 | -$2K | -$37K | -$689 | $0 | $0 | -$5.5M | $0 | $0 | $0 | $0 | -$700K | -$1.1M | -$100K | -$400K | $0 | -$100K | -$200K |
Cash Flow Statement
| Period | FY 2025 | 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 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | USD | USD |
| Period Ending | 2025-09-30 | 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 | 1998-09-30 | 1997-09-30 | 1996-09-30 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | $85.59M | $22.35M | -$105K | $65K | $123K | -$70K | $29K | $69K | -$12K | $40K | $89K | $85K | $77.63M | $37.47M | $10.19M | -$21.67M | $60.25M | $50.51M | -$21.44M | $44.76M | $7.16M | $38.62M | -$50.41M | -$95.03M | -$30.38M | $15.19M | $21.81M |
| Depreciation & Amortization | $0 | $2.18M | $2.99M | $4.14M | $0 | $2.88M | $3.61M | $3.88M | $3.79M | $4.72M | $3.77M | $3.17M | $1.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $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 | $0 | $0 |
| Stock-Based Compensation | $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 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | $59K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$60 | -$36 | -$25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $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 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | $0 | $0 | $4.2M | $11.2M | -$13.3M | -$2.1M | $1.5M | -$1.5M | $300K | $1.4M | $0 | $0 | $900K | $0 | $0 | -$200K |
| Other Working Capital | -$263K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5 | $985 | $0 | $114.1M | -$9.3M | $26.3M | $13.9M | -$5.2M | -$600K | -$3.5M | -$4.6M | $0 | $0 | -$2.8M | $0 | $0 | -$1.3M |
| Total Working Capital Change | -$203K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$65 | $948 | -$25K | $118.3M | $1.9M | $13M | $11.8M | -$3.7M | -$2.1M | -$3.2M | -$3.2M | -$2.4M | -$2.6M | -$1.9M | -$1.7M | -$1.5M | -$1.5M |
| Other Non-Cash Items | -$87.71M | -$24.53M | -$2.89M | -$4.2M | -$123K | -$2.81M | -$3.64M | -$3.95M | -$3.78M | -$4.76M | -$3.91M | -$3.25M | -$57.78M | -$37.47M | -$10.19M | $21.67M | -$60.25M | -$50.51M | $21.44M | -$44.76M | -$7.16M | -$38.62M | $50.41M | $95.03M | $30.38M | -$15.19M | -$21.81M |
| Net Cash from Operating | -$2.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$53K | $9K | $21.11M | $118.3M | $1.9M | $13M | $11.8M | -$3.7M | -$2.1M | -$3.2M | -$3.2M | -$2.4M | -$2.6M | -$1.9M | -$1.7M | -$1.5M | -$1.5M |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | $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 | $0 | $0 |
| Acquisitions | $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 | $0 | $0 |
| Purchases of Investments | -$314.13M | $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 | $0 |
| Sales of Investments | $339.34M | $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 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.3M | -$58.2M | $9.8M | $8.5M | $9.3M | $9.6M | $10.2M | $2M | $7.8M | $500K |
| Net Cash from Investing | $25.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.3M | -$58.2M | $9.8M | $8.5M | $9.3M | $9.6M | $10.2M | $2M | $7.8M | $500K |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $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 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10.88M | -$107.1M | -$3.8M | $0 | $0 | $0 | $71.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$14K | -$9K | -$10.23M | -$11.2M | -$3.6M | -$7.6M | -$11.8M | -$10.6M | -$11.1M | -$7.3M | -$5.7M | -$5.9M | -$7.2M | -$8.1M | -$1.6M | -$6.3M | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $66K | $0 | -$10.88M | -$107.1M | -$3.7M | $0 | $0 | $0 | $71.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$31.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $53K | -$9K | -$21.1M | -$118.3M | -$7.3M | -$7.6M | -$11.8M | -$10.6M | $60.3M | -$7.3M | -$5.7M | -$5.9M | -$7.2M | -$8.1M | -$1.6M | -$6.3M | $0 |
| Forex Effect | $8.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $0 | $0 |
| Net Change in Cash | $76K | $32 | -$545 | $990 | $0 | $1.12M | $0 | $0 | $0 | $0 | -$34 | $36 | $117 | $0 | -$5.4M | $5.4M | $0 | $0 | $0 | -$700K | -$400K | $1M | -$200K | $300K | -$1.3M | -$100K | -$1M |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | -$2.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$53K | $9K | $21.11M | $118.3M | $1.9M | $13M | $11.8M | -$3.7M | -$2.1M | -$3.2M | -$3.2M | -$2.4M | -$2.6M | -$1.9M | -$1.7M | -$1.5M | -$1.5M |
| Capital Expenditure | -$5 | $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 | $0 |
| Free Cash Flow | -$2.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$53K | $9K | $21.11M | $118.3M | $1.9M | $13M | $11.8M | -$3.7M | -$2.1M | -$3.2M | -$3.2M | -$2.4M | -$2.6M | -$1.9M | -$1.7M | -$1.5M | -$1.5M |
| Cash at Beginning | $0 | $445 | $990 | $1.12M | $1.12M | $41 | $0 | $0 | $0 | $2 | $37 | $1 | $572 | $0 | $5.5M | $100K | $0 | $0 | $0 | $700K | $1.1M | $100K | $400K | $0 | $100K | $200K | $1.2M |
| Cash at End | $76K | $477 | $445 | $990 | $1.12M | $1.12M | $0 | $0 | $0 | $2 | $2 | $37 | $689 | $0 | $100K | $5.5M | $0 | $0 | $0 | $0 | $700K | $1.1M | $200K | $300K | -$1.2M | $100K | $200K |