secwatch.observer — SEC 8-K summary
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Issuer:     HENNESSY ADVISORS INC (HNNA)
CIK:        0001145255
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001564590-22-019531
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hennessy Advisors Q2 net income down 15% YoY; declares $0.1375 dividend
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- Revenue $7.7M (-2.4%), net income $1.6M (-15%), EPS $0.21 (-19.2%).
- Average AUM $3.8B (-2.3%); total AUM $3.8B (-5.5%).
- Cash net of debt $15.6M (+36% YoY); nearly $56M total cash.
- Quarterly dividend $0.1375/share (annualized $0.55), payable June 2, record May 23.
- Management cites pandemic, inflation, Ukraine war, market volatility as headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145255/000156459022019531/0001564590-22-019531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145255/000156459022019531/hnna-8k_20220511.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-019531

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