secwatch.observer — SEC 8-K summary
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Issuer:     HENNESSY ADVISORS INC (HNNA)
CIK:        0001145255
Form:       8-K
Filed at:   2022-12-08T23:59:59+00:00
Accession:  0000950170-22-026172
Event type: earnings
Sentiment:  negative
Materiality: 0.72
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hennessy Advisors FY2022 revenue down 9.4% to $29.7M; EPS falls 23% to $0.82
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- Net income $6.2M (-21.7% YoY); diluted EPS $0.82 vs $1.07.
- Total AUM $2.9B, down 28.8%; average AUM $3.6B (-8.6%).
- Cash net of debt $18.2M, up 15.2%; dividend coverage reaffirmed.
- Acquiring Stance Equity ESG Large Cap Core ETF (STNC) expected to close Dec 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145255/000095017022026172/0000950170-22-026172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145255/000095017022026172/hnna-20221207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-026172

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