HENNESSY ADVISORS, INC. — Cash Flow Charts
2 years of history · ending 2025-09-30 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Cash Flow
Cash Flow by Activity
Operating Cash Flow
$14M
Free Cash Flow
$13M
Investing Cash Flow
$-627K
Financing Cash Flow
$-5M
Capex
$440K
Stock Buybacks
—
Dividends Paid
$4M
Stock-Based Comp
$1M
Debt Issued
—
Debt Repaid
—
D&A
$290K