HENNESSY ADVISORS INC reported second fiscal quarter ended March 31, 2026 results: revenue $8,132,584, net income 1,909,709, EPS 0.24.
“the firm for the future while maintaining financial discipline today.” Summary Highlights (compared to the prior comparable quarter ended March 31, 2025): ● Total revenue of $8.1 million, a decrease of 12%. ● Net income of $1.9 million, a decrease of 26%. ● Fully diluted earnings per share of $0.24, a decrease of 27%. ● Average assets under management, upon which”
Auditor Changes
HENNESSY ADVISORS INC engaged CBIZ CPAs P.C. as its auditor.
“CBIZ CPAs P.C. was engaged as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2025.”
Auditor Changes
Marcum LLP resigned as auditor of HENNESSY ADVISORS INC.
“(the “Company”) was notified by Marcum LLP (“Marcum”) that Marcum was declining to stand for reelection as the Company’s independent registered public accounting firm.”
Earnings Releases
HENNESSY ADVISORS INC reported its second fiscal quarter of 2024, which ended March 31, 2024 results: revenue $6,939,977, net income $1,539,823, EPS $0.20.
“of 36%. ● Cash and cash equivalents, net of gross debt, of $19.3 million, an increase of 10%. Three Months Ended March 31, Change 2024 2023 Dollar Percent Total Revenue $ 6,939,977 $ 5,915,644 $ 1,024,333 17.3 % Net Income 1,539,823 1,194,430 345,393 28.9 % Earnings Per Share (Diluted) 0.20 0.16 0.04 25.0 % Weighted Average Number of Shares Outstanding”
“Effective as of May 8, 2024, the Board of Directors adopted the Sixth Amended and Restated Bylaws of the Company (the “ Bylaws ”). The amendments were made to (1) update and expand the procedural and informational requirements for director nominations and other proposals submitted by shareholders under the Company’s “advance notice” provisions, including updates to reflect the adoption of “universal proxy” rules by the Securities and Exchange Commission as set forth in Rule 14a‐19 under the Securities Exchange Act of 1934, as amended, (2) conform to recent revisions to the California Corporations Code with respect to participating in a Board meeting through electronic communication methods, and (3) make other minor clerical edits.”
Shareholder Votes
HENNESSY ADVISORS INC shareholders approved Ratification of the selection of Marcum LLP as the independent registered public accounting firm for Hennessy Advisors, Inc. for fiscal year 2024 at the 2024-02-08 meeting.
“Ratification of the selection of Marcum LLP as the independent registered public accounting firm for Hennessy Advisors, Inc. for fiscal year 2024 5,656,134 50,693 13,428 0”
Shareholder Votes
HENNESSY ADVISORS INC shareholders approved Approval of the Hennessy Advisors, Inc. 2024 Omnibus Incentive Plan at the 2024-02-08 meeting.
“Approval of the Hennessy Advisors, Inc. 2024 Omnibus Incentive Plan 3,547,031 983,318 18,859 1,171,047”
Shareholder Votes
HENNESSY ADVISORS INC shareholders approved Election of Directors at the 2024-02-08 meeting.
“The Annual Meeting of Hennessy Advisors, Inc. was held on February 8, 2024. At the Annual Meeting, the following directors were elected by the votes indicated for terms expiring at the annual meeting of shareholders to be held in 2025: For Withheld Broker Non‐votes”
Earnings Releases
HENNESSY ADVISORS INC reported the first fiscal quarter of 2024, which ended December 31, 2023 results: revenue $6.1 million, net income $1.2 million, EPS $0.16 per diluted share.
“Total revenue of $6.1 million. ● Net income of $1.2 million, an increase of 7%. ● Fully diluted earnings per share of $0.16, an increase of 7%.”
Earnings Releases
HENNESSY ADVISORS INC reported the fiscal year ended September 30, 2023 results: revenue $24,019,874, net income $4,770,888, EPS $0.63.
“assets of the CCM Small/Mid-Cap Impact Value Fund into our existing ETF,” she added. Summary Highlights for the Fiscal Year (compared to fiscal year 2022): ● Total revenue of $24.0 million, a decrease of 19%. ● Net income of $4.8 million, a decrease of 23%. ● Fully diluted earnings per share of $0.63, a decrease of 23%. ● Average assets under management, upon which”
Earnings Releases
HENNESSY ADVISORS INC reported the fiscal quarter ended June 30, 2023 results: revenue $5.7 million, net income $1.1 million, EPS $0.15.
“Summary Highlights (compared to the prior comparable quarter ended June 30, 2022): ● Total revenue of $5.7 million, a decrease of 18%. ● Net income of $1.1 million, a decrease of 14%. ● Fully diluted earnings per share of $0.15, a decrease of 12%.”
Earnings Releases
HENNESSY ADVISORS INC reported second fiscal quarter of 2023, which ended March 31, 2023 results: revenue $5.9 million, net income $1.2 million, EPS $0.15.
“to grow, increasing over 13% in the last twelve months," she added. Financial Highlights (compared to the prior comparable quarter ended March 31, 2022): Total revenue of $5.9 million, a decrease of 24%. Net income of $1.2 million, a decrease of 26%. Fully diluted earnings per share of $0.15, a decrease of 29%. Average assets under management, upon which”
Shareholder Votes
HENNESSY ADVISORS INC shareholders approved Ratification of the selection of Marcum LLP as the independent registered public accounting firm at the 2023-02-09 meeting.
“Ratification of the selection of Marcum LLP as the independent registered public accounting firm for Hennessy Advisors, Inc. for fiscal year 2023 5,178,226 13,567 35,632 0”
Shareholder Votes
HENNESSY ADVISORS INC shareholders approved Approval of the non-binding advisory vote on executive compensation at the 2023-02-09 meeting.
“Approval of the non-binding advisory vote on executive compensation 3,783,215 194,047 44,862 1,205,301”
Shareholder Votes
HENNESSY ADVISORS INC shareholders approved Election of Directors at the 2023-02-09 meeting.
“The following directors were elected by the votes indicated for terms expiring at the annual meeting of shareholders to be held in 2024: For Withheld Broker Non-votes Neil J. Hennessy 3,863,961 158,163 1,205,301 Teresa M. Nilsen 3,864,827 157,297 1,205,301 Henry Hansel 3,844,690 177,434 1,205,301 Brian A. Hennessy 3,850,041 172,083 1,205,301 Lydia Knight-O’Riordan 3,864,812 157,312 1,205,301 Kiera Newton 3,865,237 156,887 1,205,301 Susan W. Pomilia 3,839,906 182,218 1,205,301 Thomas L. Seavey 3,844,023 178,101 1,205,301”
Earnings Releases
HENNESSY ADVISORS INC reported first fiscal quarter of 2023, which ended December 31, 2022 results: revenue $6,144,863, net income $1,119,100, EPS $0.15.
“equivalents, net of gross debt, of $16.8 million, an increase of 18%. Financial Highlights Three Months Ended December 31, Change 2022 2021 Dollar Percent Total Revenue $ 6,144,863 $ 8,534,371 $ (2,389,508) -28.0 % Net Income 1,119,100 1,912,532 (793,432) -41.5 % Earnings Per Share (Diluted) 0.15 0.25 (0.10) -40.0 % Weighted Average Number of”
Kiera Newton was appointed as Director at HENNESSY ADVISORS INC.
“On December 7, 2022, Hennessy Advisors, Inc. (the “ Company ”) appointed Kiera Newton to the Company’s Board of Directors (the “ Board ”), effective December 8, 2022.”
Earnings Releases
HENNESSY ADVISORS INC reported the fiscal year ended September 30, 2022 results: revenue $29.7 million, net income $6.2 million, EPS $0.82.
“Total revenue of $29.7 million, a decrease of 9%. Net income of $6.2 million, a decrease of 22%. Fully diluted earnings per share of $0.82, a decrease of 23%.”
Lydia Knight-O’Riordan was elected as director at HENNESSY ADVISORS INC.
“On December 1, 2021, the Board of Directors (the “Board”) of Hennessy Advisors, Inc. (the “Company”) increased the size of the Board to 10 members and elected Lydia Knight-O’Riordan as a director to fill the vacancy on the Board, effective December 1, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.