Financhill
Buy
53

HNVR Quote, Financials, Valuation and Earnings

Last price:
$23.05
Seasonality move :
-6.51%
Day range:
$23.04 - $23.16
52-week range:
$17.47 - $27.00
Dividend yield:
1.73%
P/E ratio:
15.35x
P/S ratio:
1.16x
P/B ratio:
0.84x
Volume:
8.4K
Avg. volume:
18.6K
1-year change:
-8.56%
Market cap:
$166.1M
Revenue:
$148.4M
EPS (TTM):
$1.51
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- -- $148.4M
Revenue Growth (YoY) -- -- -- -- 31.39%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- $31K
Operating Expenses -- -- -- -- -$16.4M
Operating Income -- -- -- -- $16.4M
 
Net Interest Expenses -- -- -- -- $7.4M
EBT. Incl. Unusual Items -- -- -- -- $16.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $4M
Net Income to Company -- -- -- -- $12.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- -- $12M
 
Basic EPS (Cont. Ops) -- -- -- -- $1.67
Diluted EPS (Cont. Ops) -- -- -- -- $1.66
Weighted Average Basic Share -- -- -- -- $7.2M
Weighted Average Diluted Share -- -- -- -- $7.2M
 
EBITDA -- -- -- -- --
EBIT -- -- -- -- $96.3M
 
Revenue (Reported) -- -- -- -- $148.4M
Operating Income (Reported) -- -- -- -- $16.4M
Operating Income (Adjusted) -- -- -- -- $96.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $19.5M $21.6M $32.7M $38.1M $35.8M
Revenue Growth (YoY) 75.06% 10.92% 51.14% 16.56% -6.01%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -$9.4M -$7.5M -$4.7M -$4.6M -$4.7M
Operating Income $9.4M $7.5M $4.7M $4.6M $4.7M
 
Net Interest Expenses $576K $426K $2.9M $1.5M $1.5M
EBT. Incl. Unusual Items $9.2M $7.5M $4.7M $4.6M $4.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $2.1M $1.7M $1.2M $1.1M $1.2M
Net Income to Company $7.1M $5.8M $3.5M $3.5M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $7.1M $5.8M $3.4M $3.4M $3.4M
 
Basic EPS (Cont. Ops) $1.27 $0.80 $0.47 $0.48 $0.47
Diluted EPS (Cont. Ops) $1.25 $0.79 $0.46 $0.48 $0.47
Weighted Average Basic Share $5.6M $7.3M $7.3M $7.2M $7.3M
Weighted Average Diluted Share $5.6M $7.4M $7.4M $7.2M $7.3M
 
EBITDA -- -- -- -- --
EBIT $10.8M $10.7M $21.8M $25.6M $22.4M
 
Revenue (Reported) $19.5M $21.6M $32.7M $38.1M $35.8M
Operating Income (Reported) $9.4M $7.5M $4.7M $4.6M $4.7M
Operating Income (Adjusted) $10.8M $10.7M $21.8M $25.6M $22.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $52M $77.3M $113.9M $145.5M $145.2M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $240K $105K -- $4K --
Operating Expenses -$18.5M -$30.7M -$20.2M -$16.2M -$15M
Operating Income $18.5M $30.7M $20.2M $16.2M $15M
 
Net Interest Expenses $2.2M $1.8M $6.7M $7.4M $6.1M
EBT. Incl. Unusual Items $14.1M $30.5M $20.2M $16.2M $15M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $3.2M $6.9M $5M $4M $3.7M
Net Income to Company $10.9M $23.6M $15.2M -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $10.9M $23.6M $14.6M $11.8M $11M
 
Basic EPS (Cont. Ops) $2.17 $3.80 $2.06 $1.66 $1.51
Diluted EPS (Cont. Ops) $2.14 $3.74 $2.03 $1.65 $1.51
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT $21M $37.7M $70.7M $95.4M $87.5M
 
Revenue (Reported) $52M $77.3M $113.9M $145.5M $145.2M
Operating Income (Reported) $18.5M $30.7M $20.2M $16.2M $15M
Operating Income (Adjusted) $21M $37.7M $70.7M $95.4M $87.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $42.2M $58.3M $89.9M $111.1M $108M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $240K $105K -- $4K --
Operating Expenses -$16.4M -$22.3M -$13.3M -$11.2M -$9.8M
Operating Income $16.4M $22.3M $13.3M $11.2M $9.8M
 
Net Interest Expenses $1.6M $1.3M $5.7M $5.7M $4.4M
EBT. Incl. Unusual Items $12.1M $22M $13.3M $11.2M $9.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $2.8M $5M $3.5M $2.7M $2.4M
Net Income to Company $9.3M $17M $9.8M $8.4M $4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $9.3M $17M $9.5M $8.2M $7.3M
 
Basic EPS (Cont. Ops) $1.81 $2.63 $1.33 $1.14 $1.00
Diluted EPS (Cont. Ops) $1.78 $2.59 $1.31 $1.14 $1.00
Weighted Average Basic Share $14.5M $19.6M $21.4M $21.4M $21.8M
Weighted Average Diluted Share $14.7M $19.9M $21.7M $21.6M $21.8M
 
EBITDA -- -- -- -- --
EBIT $16.9M $27.8M $56.5M $71.9M $63.1M
 
Revenue (Reported) $42.2M $58.3M $89.9M $111.1M $108M
Operating Income (Reported) $16.4M $22.3M $13.3M $11.2M $9.8M
Operating Income (Adjusted) $16.9M $27.8M $56.5M $71.9M $63.1M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents -- -- -- -- $12.8M
Short Term Investments -- -- -- $61.4M $32.1M
Accounts Receivable, Net -- -- -- $11.9M $11.8M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- $3.5M $3.4M
Other Current Assets -- -- -- -- --
Total Current Assets -- -- -- -- $178.1M
 
Property Plant And Equipment -- -- -- -- $23.7M
Long-Term Investments -- -- -- -- $170.4M
Goodwill -- -- -- $19.2M $19.2M
Other Intangibles -- -- -- $5M $6.3M
Other Long-Term Assets -- -- -- -- --
Total Assets -- -- -- -- $2.3B
 
Accounts Payable -- -- -- $1.7M $1.5M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- -- -- -- $1.9B
 
Long-Term Debt -- -- -- -- $132.3M
Capital Leases -- -- -- -- --
Total Liabilities -- -- -- -- $2.1B
 
Common Stock -- -- -- -- $72K
Other Common Equity Adj -- -- -- -$2.5M -$1.3M
Common Equity -- -- -- -- $191.6M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- -- -- -- $196.6M
 
Total Liabilities and Equity -- -- -- -- $2.3B
Cash and Short Terms -- -- -- $238.1M $195M
Total Debt -- -- -- -- $139.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $8.3M $9.9M $5.5M $9.8M $14M
Short Term Investments $7.7M $12.3M $10.9M $98.4M --
Accounts Receivable, Net $9.4M $8.5M $10.6M $12.5M --
Inventory -- -- -- -- --
Prepaid Expenses $4.2M $3.4M $3.5M $3.4M --
Other Current Assets -- -- -- -- --
Total Current Assets $180.1M $161.9M $206.8M $157.2M $182.8M
 
Property Plant And Equipment $15M $14.5M $26.3M $25.1M $24.9M
Long-Term Investments $146.7M $145.8M $197.2M $156.7M $170M
Goodwill $19.2M $19.2M $19.2M $19.2M --
Other Intangibles $4.2M $4.8M $4.8M $6M --
Other Long-Term Assets -- -- -- -- --
Total Assets $1.5B $1.8B $2.2B $2.3B $2.3B
 
Accounts Payable $1.3M $915K $1.8M $1.9M --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $742.9M $1.1B $1.2B $233.3M $234.8M
 
Long-Term Debt $169.2M $59.5M $145.4M $134.9M $136.5M
Capital Leases -- -- -- -- --
Total Liabilities $1.4B $1.7B $2B $2.1B $2.1B
 
Common Stock $56K $73K $72K $72K $72K
Other Common Equity Adj $256K -$620K -$1.3M -$2.1M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $122.5M $172.6M $185.9M $192.3M $201.8M
 
Total Liabilities and Equity $1.5B $1.8B $2.2B $2.3B $2.3B
Cash and Short Terms $159M $161.8M $203M $239.6M --
Total Debt $184.2M $71.3M $164.2M $142M $136.5M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -- -- -- -- $12.3M
Depreciation & Amoritzation -- -- -- -- $3.9M
Stock-Based Compensation -- -- -- -- $1.6M
Change in Accounts Receivable -- -- -- -- $66K
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- $5.9M
 
Capital Expenditures -- -- -- -- $1.3M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- -$45.8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- $3M
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- $20M
Long-Term Debt Repaid -- -- -- -- -$41.1M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- -$198K
Cash From Financing -- -- -- -- $25.6M
 
Beginning Cash (CF) -- -- -- -- $177.2M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- -$14.4M
Ending Cash (CF) -- -- -- -- $162.9M
 
Levered Free Cash Flow -- -- -- -- $4.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $7.1M $5.8M $3.5M $3.5M --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation $232K $441K $237K $417K $323K
Change in Accounts Receivable $907K -$903K -$447K -$44K --
Change in Inventories -- -- -- -- --
Cash From Operations $6.2M $7.8M $906K $2.4M $2.7M
 
Capital Expenditures $780K $191K $316K $329K $317K
Cash Acquisitions -- -- -- -- --
Cash From Investing $52.7M -$214.7M -$46.6M $5.9M -$14.9M
 
Dividends Paid (Ex Special Dividend) -- -$1.3M $733K $741K $748K
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -$20.3M -$105M -- --
Long-Term Debt Repaid -$68.9M $10.1M -$3M -$16.1M --
Repurchase of Common Stock -- -- -- -- $546K
Other Financing Activities -- -- -$12K -$14K --
Cash From Financing -$63.3M $222.9M $26.8M -$8.2M $15.2M
 
Beginning Cash (CF) $170.9M $134M $211.5M $141.1M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$4.4M $16M -$18.9M $116K $3M
Ending Cash (CF) $166.5M $149.9M $192.6M $141.2M --
 
Levered Free Cash Flow $5.4M $7.7M $590K $2.1M $2.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $10.9M $23.6M $15.2M -- --
Depreciation & Amoritzation $1.5M $1.7M $3.5M -- --
Stock-Based Compensation $901K $1.7M $1.9M $1.6M $1.6M
Change in Accounts Receivable $1.9M $817K -$2.1M -- --
Change in Inventories -- -- -- -- --
Cash From Operations $13.2M $25M $16.4M $8.7M $6.1M
 
Capital Expenditures $2.1M $1.1M $3.4M $2.4M -$154K
Cash Acquisitions $33M -- -- -- --
Cash From Investing $89.9M -$374.1M -$256.4M -$225.6M $32.9M
 
Dividends Paid (Ex Special Dividend) -- -- $2.9M $2.9M $3M
Special Dividend Paid
Long-Term Debt Issued $24.5M -- $100.7M -- --
Long-Term Debt Repaid -$199M -$112.7M -$16.6M -- --
Repurchase of Common Stock -- -- -- -- $546K
Other Financing Activities -- -- -$170K -- --
Cash From Financing -$16.7M $332.5M $282.6M $165.6M -$12.7M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $86.3M -$16.6M $42.7M -$51.4M $26.3M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $11.1M $23.9M $13M $6.2M $6.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $9.3M $17M $9.8M $8.4M $4M
Depreciation & Amoritzation -- -- -- $980K $2.1M
Stock-Based Compensation $672K $1.5M $1.4M $1.2M $1.2M
Change in Accounts Receivable $1.8M $312K -$1.1M -$607K $184K
Change in Inventories -- -- -- -- --
Cash From Operations $9.4M $18.6M $10.3M $4.6M $4.8M
 
Capital Expenditures $1.6M $833K $2.6M $2.1M $635K
Cash Acquisitions $33M -- -- -- --
Cash From Investing $97.9M -$349.9M -$127M -$88.3M -$9.5M
 
Dividends Paid (Ex Special Dividend) -- -$0 $2.2M $2.2M $2.2M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -$20M -$36.3M $20M --
Long-Term Debt Repaid -$173.4M -$46.4M -$16.1M -$41.1M --
Repurchase of Common Stock -- -- -- -- $546K
Other Financing Activities -- -$28K -$165K -$167K -$731K
Cash From Financing -$39.1M $366.3M $157M $47.7M $9.5M
 
Beginning Cash (CF) $346.9M $376.1M $568.2M $454.8M $323.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $68.2M $35M $40.3M -$36M $4.7M
Ending Cash (CF) $415M $411.1M $608.5M $418.8M $324.8M
 
Levered Free Cash Flow $7.8M $17.8M $7.8M $2.5M $4.2M

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