secwatch.observer — SEC 8-K summary
======================================

Issuer:     HENNESSY ADVISORS INC (HNNA)
CIK:        0001145255
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001437749-24-037239
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hennessy Advisors FY2024 EPS up 46% to $0.92; revenue $29.6M (+23%)
-------------------------------------------------------------------

- Diluted EPS $0.92 vs $0.63 prior year; net income $7.1M, up 49%.
- Revenue $29.6M, up 23%; average AUM $3.7B, up 23%.
- Total AUM at year-end $4.6B (+53%); cash net of debt $23.7M (+17%).
- Executed all three strategy fronts: $72M mutual fund asset purchase, $549M net inflows, ~$1B market appreciation.
- All 17 Hennessy Funds posted positive 1-year returns; 10-year returns positive for all funds with track record.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145255/000143774924037239/0001437749-24-037239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145255/000143774924037239/hnna20241209_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-037239

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