secwatch.observer — SEC 8-K summary
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Issuer:     HENNESSY ADVISORS INC (HNNA)
CIK:        0001145255
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0001437749-23-033789
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hennessy Advisors FY2023 revenue $24M (-19%), EPS $0.63 (-23%), AUM up 5%
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- Total revenue $24.0M, down 19% YoY from $29.7M.
- Net income $4.8M, diluted EPS $0.63, both down approximately 23%.
- Average AUM $3.0B (-18% YoY); total AUM $3.0B (+5% YoY).
- Cash & equivalents net of debt $20.2M, up 11% from $18.2M.
- 14 of 17 Hennessy Funds posted positive returns for the fiscal year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145255/000143774923033789/0001437749-23-033789-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145255/000143774923033789/hnna20231205_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-033789

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer