Welcome to our dedicated page for VALUE LINE SEC filings (Ticker: VALU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Value Line Inc. filings document a Nasdaq Capital Market issuer with common stock registered under Section 12(b) and a public-company record tied to investment research publishing. Recent Form 8-K reports cover material events such as board composition, Audit Committee membership, shareholder meeting results, and capital actions announced through company press releases.
Proxy materials for Value Line describe annual meeting procedures, director elections, voting rights for shareholders of record, and related governance matters. The filing record also identifies the company’s common stock class, trading symbol, exchange listing, and exhibits submitted with current reports.
VALUE LINE, INC. (VALU) reported lower profitability for the quarter ended July 31, 2026. Net income was $4.7 million, down from $6.5 million a year earlier, and earnings per share declined to $0.50 from $0.69, driven by weaker publishing revenues, lower income from its EAM Trust interests, and smaller investment gains.
Publishing revenues fell 6.4% to $8.1 million as both print and digital subscription revenues declined, and copyright fees were lower. Income from operations dropped 31.4% to $1.0 million. Value Line’s non-voting revenues and profits interests from EAM Trust contributed $3.9 million, below the prior year, reflecting a 32.2% drop in Value Line Funds assets under management to $3.40 billion.
The balance sheet remains strong, with total assets of $152.7 million, shareholders’ equity of $109.2 million, and Level 1 cash and securities of $87.5 million. Operating cash flow was $4.7 million, and the company paid a quarterly dividend of $0.35 per share while continuing modest share repurchases.
Value Line, Inc. (symbol VALU) is holding its Annual Meeting of Shareholders virtually via Zoom on October 6, 2026 at 10:30 a.m. Eastern. Shareholders of record on August 11, 2026, when 9,382,273 common shares were outstanding, are entitled to vote, one vote per share.
The company is a NASDAQ “controlled company” because Arnold Bernhard & Co., Inc. beneficially owns 8,633,733 shares, or 92.02% of the stock, and therefore is exempt from the exchange’s majority‑independent board requirement. Even so, the Audit and Compensation Committees are composed entirely of three independent directors: Mary Bernstein, Alexander Swistel, and Glenn Muenzer, with Mr. Muenzer designated as an SEC-defined audit committee financial expert.
For fiscal year ended April 30, 2026, Chairman and CEO Howard A. Brecher received total compensation of $873,425, while Vice President and Treasurer Stephen R. Anastasio received $837,419. Median employee compensation was $87,675, resulting in a CEO pay ratio of 9.96:1. Reported 2026 net income was $21.63 million. Independent auditor Horowitz & Ullmann, P.C. was paid total 2026 fees of $306,210 and has been selected again for fiscal 2027.
Shareholders are being asked to (1) elect five directors, (2) approve on an advisory basis the compensation of named executive officers (say-on-pay), and (3) provide a non-binding preference for how often future say-on-pay votes should occur (one, two, or three years).
Value Line, Inc., a New York–based investment research publisher, reported fiscal 2026 net income of $21.63 million, or $2.30 per share, up 4.6% from the prior year, even though total operating revenues declined 4.7% to $33.45 million and income from operations fell 32.6% to $4.03 million as subscription and copyright revenues decreased.
Results were supported by cash flows from EULAV Asset Management Trust (EAM), where Value Line’s non-voting revenue and profit interests contributed $18.97 million, up 3.6%. Investment gains nearly doubled to $6.43 million, and investment assets (excluding EAM) rose to $62.29 million. However, assets in the Value Line Funds managed and distributed by EAM dropped 20.4% to $3.72 billion, reflecting equity and fixed-income fund outflows.
Print subscription revenue decreased 3.8% to $8.45 million and digital revenue declined 3.1% to $15.41 million, with total circulation slightly lower, although higher-priced professional products remained comparatively strong. Operating expenses were contained, rising 1.1% to $29.42 million. The company ended the year with 9.38 million shares outstanding, paid regular quarterly dividends with the latest at $0.35 per share, and repurchased 24,810 shares for $928,000 under a $2.0 million buyback authorization.
VALUE LINE INC director Alexander J. Swistel reported his initial holdings on a Form 3. He holds 200 shares of VALUE LINE INC common stock (VALU) directly as of the reported date, with no buy or sell transaction disclosed in this filing.
Value Line Inc Chairman and CEO Howard A. Brecher reported an open-market purchase of 200 shares of common stock at $33.89 per share on May 21, 2026. After this transaction, his directly held stake increased to 1,800 shares, representing a modest addition to his personal investment.
Value Line, Inc. reported quarterly net income of $5.9 million, up 14.5% from $5.2 million a year earlier, as stronger investment gains offset softer core publishing results. Earnings per share rose to $0.63 from $0.55 on a slightly lower share count.
For the nine months ended January 31, 2026, publishing revenues declined 4.7% to $25.4 million and income from operations fell 22.2% to $4.0 million, reflecting weaker print and copyright fee revenues. However, income from its non‑voting interests in EAM Trust reached $15.0 million and investment gains increased 51.2% to $5.4 million, lifting pre‑tax income 8.6% to $24.4 million and net income 7.9% to $18.1 million (EPS $1.92 vs. $1.78). Cash, cash equivalents and restricted cash were $46.8 million with no debt, supported by $84.1 million of Level 1 securities.
Value Line, Inc. reported that long-time director Alfred R. Fiore, who had served on the board since 2010, died on December 6, 2025. To fill the vacancy, on January 16, 2026 the board appointed Dr. Alexander J. Swistel as a director and member of the Audit Committee.
Dr. Swistel is a retired Associate Professor at Weill Cornell Medical College and a graduate of Harvard University and Brown University School of Medicine. He has no family relationships with current directors or executive officers, no material related-party transactions requiring disclosure, and will receive the standard Audit Committee director’s fee of $40,000 per year.
Value Line, Inc. reported stable Q2 2026 results for the quarter ended October 31, 2025. Publishing revenues were $8,556,000, slightly below $8,841,000 a year earlier, and income from operations declined to $1,512,000 from $1,744,000. Non‑operating items were a key earnings driver: revenues and profits interests from the EAM Trust were $5,154,000 and investment gains were $1,182,000, producing net income of $5,682,000, essentially flat versus $5,685,000.
For the six months ended October 31, 2025, publishing revenues were $17,162,000 and net income increased to $12,142,000 from $11,572,000, with earnings per share of $1.29. Net cash provided by operating activities was $8,512,000, helping lift cash, cash equivalents and restricted cash to $43,911,000 at October 31, 2025. Marketable securities measured at fair value totaled $80,808,000, and shareholders’ equity rose to $105,489,000.
The company continued returning capital through dividends and buybacks. Dividends declared were $0.650 per common share for the six‑month period, and a new $2,000,000 share repurchase program was authorized, followed by a block purchase of 14,015 shares at $37 per share. Revenue concentration remains notable, with a single customer providing 29.0% of total publishing revenues over the six months.
Value Line, Inc. held its annual shareholder meeting on October 7, 2025 to elect directors. Final tabulation by the transfer agent shows the reported Votes Yes totals for the slate of director nominees as: 9,039,480, 8,926,607, 9,070,280, 9,069,374, 435,441, and 9,033,209. The report is limited to the vote counts; no additional details about abstentions, broker non-votes, vote percentages or director identities beyond the company signature are provided.