Hennessy Advisors, Inc. Reports 65% Increase in Quarterly Earnings Per Share and Announces Quarterly Dividend
Hennessy Advisors (NASDAQ:HNNA) reported strong financial results for Q2 2025, with notable growth across key metrics. The company achieved a 34% increase in total revenue to $9.3 million and a 68% surge in net income to $2.6 million. Earnings per share rose 65% to $0.33. Assets under management grew to $4.3 billion, up 11% year-over-year, while average AUM increased 37% to $4.7 billion.
The company announced a quarterly dividend of $0.1375 per share, representing an annualized yield of 5.2%. Additionally, Hennessy signed a definitive agreement with STF Management, LP to expand its ETF offerings. The company's cash position strengthened, with cash and cash equivalents, net of gross debt, increasing 41% to $27.3 million.
Hennessy Advisors (NASDAQ:HNNA) ha riportato risultati finanziari solidi per il secondo trimestre 2025, con una crescita significativa nei principali indicatori. L'azienda ha registrato un aumento del 34% dei ricavi totali, arrivati a 9,3 milioni di dollari, e un incremento del 68% dell'utile netto a 2,6 milioni di dollari. L'utile per azione è salito del 65%, raggiungendo 0,33 dollari. Gli asset under management sono cresciuti a 4,3 miliardi di dollari, con un aumento dell'11% su base annua, mentre la media degli AUM è aumentata del 37%, raggiungendo 4,7 miliardi di dollari.
L'azienda ha annunciato un dividendo trimestrale di 0,1375 dollari per azione, corrispondente a un rendimento annualizzato del 5,2%. Inoltre, Hennessy ha firmato un accordo definitivo con STF Management, LP per ampliare la sua offerta di ETF. La posizione di cassa si è rafforzata, con liquidità e equivalenti, al netto del debito lordo, in aumento del 41%, arrivando a 27,3 milioni di dollari.
Hennessy Advisors (NASDAQ:HNNA) reportó sólidos resultados financieros para el segundo trimestre de 2025, con un crecimiento notable en métricas clave. La compañía logró un aumento del 34% en ingresos totales hasta 9.3 millones de dólares y un incremento del 68% en ingresos netos hasta 2.6 millones de dólares. Las ganancias por acción subieron un 65% hasta 0.33 dólares. Los activos bajo gestión crecieron a 4.3 mil millones de dólares, un 11% más interanual, mientras que el promedio de AUM aumentó un 37% hasta 4.7 mil millones de dólares.
La empresa anunció un dividendo trimestral de 0.1375 dólares por acción, que representa un rendimiento anualizado del 5.2%. Además, Hennessy firmó un acuerdo definitivo con STF Management, LP para ampliar su oferta de ETF. La posición de efectivo se fortaleció, con efectivo y equivalentes, netos de deuda bruta, aumentando un 41% hasta 27.3 millones de dólares.
Hennessy Advisors (NASDAQ:HNNA)는 2025년 2분기 강력한 재무 실적을 보고했으며, 주요 지표 전반에 걸쳐 눈에 띄는 성장을 기록했습니다. 회사는 총매출이 34% 증가하여 930만 달러를 달성했고, 순이익은 68% 급증하여 260만 달러를 기록했습니다. 주당순이익은 65% 상승하여 0.33달러가 되었습니다. 운용자산(AUM)은 전년 대비 11% 증가한 43억 달러로 성장했으며, 평균 운용자산은 37% 증가한 47억 달러에 달했습니다.
회사는 주당 0.1375달러의 분기 배당금을 발표했으며, 이는 연 환산 수익률 5.2%에 해당합니다. 또한, Hennessy는 ETF 상품 확대를 위해 STF Management, LP와 최종 계약을 체결했습니다. 현금 및 현금성 자산은 총부채를 차감한 순액 기준으로 41% 증가하여 2,730만 달러로 강화되었습니다.
Hennessy Advisors (NASDAQ:HNNA) a annoncé de solides résultats financiers pour le deuxième trimestre 2025, avec une croissance notable sur les principaux indicateurs. La société a enregistré une augmentation de 34 % du chiffre d'affaires total à 9,3 millions de dollars et une hausse de 68 % du bénéfice net à 2,6 millions de dollars. Le bénéfice par action a augmenté de 65 % pour atteindre 0,33 dollar. Les actifs sous gestion ont progressé à 4,3 milliards de dollars, en hausse de 11 % sur un an, tandis que la moyenne des AUM a augmenté de 37 % pour atteindre 4,7 milliards de dollars.
La société a annoncé un dividende trimestriel de 0,1375 dollar par action, représentant un rendement annualisé de 5,2 %. De plus, Hennessy a signé un accord définitif avec STF Management, LP pour élargir son offre d'ETF. La position de trésorerie s'est renforcée, avec une augmentation de 41 % des liquidités nettes de la dette brute, atteignant 27,3 millions de dollars.
Hennessy Advisors (NASDAQ:HNNA) meldete starke Finanzergebnisse für das zweite Quartal 2025 mit bemerkenswertem Wachstum bei wichtigen Kennzahlen. Das Unternehmen erzielte einen 34%igen Anstieg des Gesamtumsatzes auf 9,3 Millionen US-Dollar und einen 68%igen Anstieg des Nettogewinns auf 2,6 Millionen US-Dollar. Der Gewinn je Aktie stieg um 65% auf 0,33 US-Dollar. Das verwaltete Vermögen wuchs auf 4,3 Milliarden US-Dollar, ein Plus von 11% im Jahresvergleich, während der durchschnittliche AUM um 37% auf 4,7 Milliarden US-Dollar zunahm.
Das Unternehmen kündigte eine Quartalsdividende von 0,1375 US-Dollar pro Aktie an, was einer annualisierten Rendite von 5,2% entspricht. Zudem unterzeichnete Hennessy eine endgültige Vereinbarung mit STF Management, LP, um sein ETF-Angebot zu erweitern. Die Barposition verbesserte sich, wobei Barmittel und Zahlungsmitteläquivalente abzüglich der Bruttoverschuldung um 41% auf 27,3 Millionen US-Dollar zunahmen.
- Net income increased 68% to $2.6 million
- Revenue grew 34% to $9.3 million
- EPS rose 65% to $0.33
- Average AUM increased 37% to $4.7 billion
- Cash position strengthened with 41% increase to $27.3 million
- Strategic expansion into ETFs through STF Management agreement
- Maintaining strong dividend yield of 5.2%
- None.
Insights
Hennessy Advisors delivers exceptional Q2 results with 65% EPS growth, 34% revenue increase, and strategic ETF expansion despite market volatility.
Hennessy Advisors' Q2 FY2025 results reveal remarkable financial performance across all key metrics. The 65% year-over-year increase in EPS to
The fundamental driver behind these results is significant asset growth, with average assets under management increasing
Particularly noteworthy is the company's strengthened financial position, with cash and cash equivalents (net of debt) growing
The maintained quarterly dividend of
While facing the same industry challenges as other active managers, Hennessy's results indicate successful navigation of volatile market conditions through disciplined investment approaches and strategic adaptability, creating a solid foundation for continued operational performance.
"The first quarter of 2025 was marked by heightened volatility, fueled by headline-grabbing developments, most notably the announcement of sweeping new tariffs that triggered sharp selloffs across both equity and bond markets," said Neil Hennessy, Chairman and CEO. "Ongoing uncertainty surrounding potential tax changes, inflation, interest rate policy, and government spending cuts has only added to investor unease. With so much happening so quickly—and with little immediate clarity—it's understandable that many investors are feeling overwhelmed. Having witnessed many turbulent markets over my 45-year career, I believe it's essential to look past the short-term noise. Markets should eventually stabilize as new realities are absorbed and understood. We feel our responsibility is to stay grounded in the fundamentals. And today, those fundamentals appear to remain solid: consumers are still spending, corporations are well capitalized, and interest rates have remained relatively stable."
"Our commitment to long-term investing has never wavered. We are confident in our ability to navigate in the current environment, and we believe that a disciplined, forward-looking approach will continue to deliver solid long-term results for our company, employees, and shareholders. In times like these, patience, focus, and perspective are the most valuable tools we have," he added.
"This quarter, we were also proud to announce the signing of a definitive agreement with STF Management, LP to expand our ETF offerings," added Teresa Nilsen, President and COO. "This strategic step reflects our continued commitment to growth and is a strong example of how we are deploying our cash position in meaningful ways. At the same time, we remain focused on delivering value to our shareholders—through our strong profitability, cash flow growth, and dividends—as demonstrated in our financial results for the quarter ended March 31, 2025."
Summary Highlights (compared to the prior comparable quarter ended March 31, 2024):
- Total revenue of
$9.3 million 34% . - Net income of
$2.6 million 68% . - Fully diluted earnings per share of
$0.33 65% . - Average assets under management, upon which revenue is earned, of
$4.7 billion 37% . - Total assets under management of
$4.3 billion 11% . - Cash and cash equivalents, net of gross debt, of
$27.3 million 41% .
Three Months Ended Mar 31, | Change | |||||||
2025 | 2024 | Amount | Percent | |||||
Total Revenue | $ 9,275,783 | $ 6,939,977 | $ 2,335,806 | 33.7 % | ||||
Net Income | 2,582,979 | 1,539,823 | 1,043,156 | 67.7 % | ||||
Earnings Per Share (Diluted) | 0.33 | 0.20 | 0.13 | 65.0 % | ||||
Weighted Average Number of Shares Outstanding (Diluted) | 7,912,156 | 7,700,203 | 211,953 | 2.8 % | ||||
Average Assets Under Management | 4,746,380,124 | 3,459,895,504 | 1,286,484,620 | 37.2 % | ||||
As of Mar 31, | ||||||||
2025 | 2024 | |||||||
Total Assets Under Management | $ 4,255,690,493 | $ 3,852,601,729 | $ 403,088,764 | 10.5 % | ||||
Cash and Cash Equivalents, Net of Gross Debt Balance | 27,311,927 | 19,343,177 | 7,968,750 | 41.2 % | ||||
* Based on the closing stock price of
About Hennessy Advisors, Inc.
Hennessy Advisors, Inc. is a publicly traded investment manager offering a broad range of domestic equity, multi-asset, and sector and specialty funds. Hennessy Advisors, Inc. is committed to providing superior service to shareholders and employing a consistent and disciplined approach to investing based on a buy‑and‑hold philosophy that rejects the idea of market timing.
Supplemental Information
Nothing in this press release shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.
Forward-Looking Statements
This press release contains "forward-looking statements" for which Hennessy Advisors, Inc. claims the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995. Forward‑looking statements relate to expectations and projections about future events based on currently available information. Forward‑looking statements are not a guarantee of future performance or results and are not necessarily accurate indications of the times at which, or means by which, such performance or results may be achieved. Forward‑looking statements are subject to risks, uncertainties, and assumptions, including those described in the sections entitled "Risk Factors" and elsewhere in the reports that Hennessy Advisors, Inc. files with the Securities and Exchange Commission. Unforeseen developments could cause actual performance or results to differ substantially from those expressed in, or suggested by, the forward‑looking statements. Hennessy Advisors, Inc. management does not assume responsibility for the accuracy or completeness of the forward-looking statements and undertakes no responsibility to update any such statement after the date of this press release to conform to actual results or to changes in expectations.
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SOURCE Hennessy Advisors, Inc.
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