HENNESSY ADVISORS, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $53.0M | $51.4M | $44.7M | $34.5M | $24.3M | $7.1M | $7.6M | $7.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $5.9M | $5.8M | $5.2M | $4.4M | $3.1M | $1.6M | $1.9M | $1.8M |
| Operating Income | $24.5M | $23.8M | $19.8M | $14.1M | $8.9M | $1.8M | $2.1M | $1.6M |
| Operating Margin | 46.3% | 46.3% | 44.3% | 41.0% | 36.7% | 25.2% | 28.1% | 21.0% |
| Interest Expense | $1.3M | $1.2M | $1.0M | $1.1M | $668.0K | $51.0K | $65.0K | $35.0K |
| Pretax Income | $23.2M | $22.6M | $18.8M | $13.1M | $8.2M | $1.7M | $2.1M | $1.6M |
| Income Tax Expense | $8.3M | $8.2M | $7.4M | $5.4M | $3.3M | $761.3K | $868.0K | $671.0K |
| Net Income | $14.9M | $14.4M | $11.4M | $7.7M | $4.8M | $971.0K | $1.2M | $913.0K |
| Net Margin | 28.2% | 27.9% | 25.5% | 22.2% | 19.8% | 13.7% | 15.9% | 11.8% |
| EPS (Basic) | $1.94 | $1.89 | $1.29 | $1.31 | $0.83 | $0.17 | $0.21 | $0.16 |
| EPS (Diluted) | $1.92 | $1.86 | $1.27 | $1.30 | $0.83 | $0.17 | $0.21 | $0.16 |
| Shares Outstanding (Basic) | 7.7M | 7.6M | 8.8M | 5.9M | 5.8M | 5.7M | 5.7M | 5.7M |
| Shares Outstanding (Diluted) | 7.8M | 7.7M | 8.9M | 5.9M | 5.8M | 5.8M | 5.7M | 5.7M |
| Dividends Per Share | $0.29 | $0.20 | $0.15 | $0.15 | $0.13 | $0.13 | $0.17 | $0.09 |