VALUE LINE, INC. ANNOUNCES HIGHER FISCAL YEAR 2024 EARNINGS
Value Line, Inc. (NASDAQ: VALU) reported strong financial results for fiscal year 2024 ended April 30. Net income rose 5.2% to $19,016,000 ($2.02 per share), up from $18,069,000 ($1.91 per share) in FY 2023. The company's non-voting revenues and profits interest in EAM increased 19.3% to $13,282,000. Operating expenses decreased by 1.0%, excluding restructuring costs. For Q4 2024, net income jumped 18.6% to $4,784,000 ($0.51 per share).
Value Line declared total dividends of $1.14 per share in FY 2024, with a new quarterly dividend of $0.30 per share, marking the tenth consecutive year of increases. The company's liquid assets grew 10.1% to $68,345,000, while shareholders' equity increased 8.5% to $90,793,000. Value Line continues to be a leading provider of investment research, offering various products and services to individual and institutional investors.
Value Line, Inc. (NASDAQ: VALU) ha riportato risultati finanziari solidi per l'esercizio fiscale 2024 terminato il 30 aprile. Il reddito netto è aumentato del 5,2% a $19.016.000 ($2,02 per azione), rispetto a $18.069.000 ($1,91 per azione) nell'anno fiscale 2023. I redditi e gli interessi sui profitti non votanti della società in EAM sono aumentati del 19,3% a $13.282.000. Le spese operative sono diminuite dell'1,0%, escludendo i costi di ristrutturazione. Per il quarto trimestre del 2024, il reddito netto è saltato del 18,6% a $4.784.000 ($0,51 per azione).
Value Line ha dichiarato dividendi totali di $1,14 per azione nell'anno fiscale 2024, con un nuovo dividendo trimestrale di $0,30 per azione, segnando il decimo anno consecutivo di aumenti. Gli attivi liquidi dell'azienda sono cresciuti del 10,1% a $68.345.000, mentre il patrimonio netto degli azionisti è aumentato dell'8,5% a $90.793.000. Value Line continua a essere un fornitore leader di ricerche sugli investimenti, offrendo vari prodotti e servizi a investitori individuali e istituzionali.
Value Line, Inc. (NASDAQ: VALU) reportó resultados financieros sólidos para el año fiscal 2024 que terminó el 30 de abril. El ingreso neto aumentó un 5,2% a $19,016,000 ($2.02 por acción), en comparación con $18,069,000 ($1.91 por acción) en el año fiscal 2023. Los ingresos y derechos de ganancias no votantes de la compañía en EAM aumentaron un 19,3% a $13,282,000. Los gastos operativos disminuyeron en un 1,0%, excluyendo los costos de reestructuración. Para el cuarto trimestre de 2024, el ingreso neto saltó un 18,6% a $4,784,000 ($0,51 por acción).
Value Line declaró dividendos totales de $1.14 por acción en el año fiscal 2024, con un nuevo dividendo trimestral de $0.30 por acción, marcando el décimo año consecutivo de aumentos. Los activos líquidos de la empresa crecieron un 10,1% a $68,345,000, mientras que el patrimonio de los accionistas aumentó un 8,5% a $90,793,000. Value Line sigue siendo un proveedor líder de investigación de inversiones, ofreciendo diversos productos y servicios a inversores individuales e institucionales.
Value Line, Inc. (NASDAQ: VALU)는 4월 30일에 종료된 2024 회계연도에 대한 강력한 재무 실적을 보고했습니다. 순이익은 5.2% 증가하여 $19,016,000 ($2.02 주당)으로, 2023 회계연도의 $18,069,000 ($1.91 주당)에서 증가했습니다. 회사의 비투표 수익 및 EAM에서의 이익 지분은 19.3% 증가하여 $13,282,000에 이르렀습니다. 운영 비용은 구조 조정 비용을 제외하고 1.0% 감소했습니다. 2024년 4분기에는 순이익이 18.6% 증가하여 $4,784,000 ($0.51 주당)으로 증가했습니다.
Value Line은 2024 회계연도에 주당 총 배당금 $1.14를 선언했으며, 새로운 분기 배당금은 주당 $0.30으로, 10년 연속 증가한 것을 나타냅니다. 회사의 유동 자산은 10.1% 증가하여 $68,345,000에 이르렀고, 주주 자본은 8.5% 증가하여 $90,793,000이 되었습니다. Value Line은 개인 및 기관 투자자에게 다양한 제품과 서비스를 제공하며 투자 연구의 선도적인 제공업체로 자리 잡고 있습니다.
Value Line, Inc. (NASDAQ: VALU) a rapporté des résultats financiers solides pour l'exercice fiscal 2024 s'achevant le 30 avril. Le revenu net a augmenté de 5,2 % pour atteindre 19 016 000 $ (2,02 $ par action), contre 18 069 000 $ (1,91 $ par action) pour l'exercice 2023. Les revenus non-votants et les intérêts sur les bénéfices de la société dans EAM ont augmenté de 19,3 % pour atteindre 13 282 000 $. Les dépenses d'exploitation ont diminué de 1,0 %, hors coûts de restructuration. Pour le 4ème trimestre 2024, le revenu net a bondi de 18,6 % pour atteindre 4 784 000 $ (0,51 $ par action).
Value Line a déclaré des dividendes totaux de 1,14 $ par action pour l'exercice fiscal 2024, avec un nouveau dividende trimestriel de 0,30 $ par action, ce qui marque le dixième exercice consécutif d'augmentation. Les actifs liquides de l'entreprise ont augmenté de 10,1 % pour atteindre 68 345 000 $, tandis que les capitaux propres des actionnaires ont augmenté de 8,5 % pour atteindre 90 793 000 $. Value Line demeure un fournisseur de recherche en investissement de premier plan, offrant divers produits et services aux investisseurs individuels et institutionnels.
Value Line, Inc. (NASDAQ: VALU) hat für das am 30. April endende Geschäftsjahr 2024 starke finanzielle Ergebnisse gemeldet. Der Nettogewinn stieg um 5,2 % auf 19.016.000 $ (2,02 $ pro Aktie), verglichen mit 18.069.000 $ (1,91 $ pro Aktie) im Geschäftsjahr 2023. Die nicht stimmberechtigten Einnahmen und die Gewinnbeteiligung in EAM des Unternehmens stiegen um 19,3 % auf 13.282.000 $. Die Betriebsausgaben gingen um 1,0 % zurück, ohne die Umstrukturierungskosten. Für das 4. Quartal 2024 sprang der Nettogewinn um 18,6 % auf 4.784.000 $ (0,51 $ pro Aktie).
Value Line erklärte für das Geschäftsjahr 2024 Gesamtdividenden von 1,14 $ pro Aktie, mit einer neuen vierteljährlichen Dividende von 0,30 $ pro Aktie, was das zehnte consecutive Jahr der Erhöhungen markiert. Die liquiden Mittel des Unternehmens wuchsen um 10,1 % auf 68.345.000 $, während das Eigenkapital der Aktionäre um 8,5 % auf 90.793.000 $ zunahm. Value Line bleibt ein führender Anbieter von Investmentforschung und bietet verschiedene Produkte und Dienstleistungen für private und institutionelle Investoren an.
- Net income increased 5.2% year-over-year to $19,016,000
- Non-voting revenues and profits interest in EAM grew 19.3% to $13,282,000
- Operating expenses decreased by 1.0% (excluding restructuring costs)
- Q4 2024 net income rose 18.6% to $4,784,000
- Declared tenth consecutive year of dividend increases
- Liquid assets increased 10.1% to $68,345,000
- Shareholders' equity grew 8.5% to $90,793,000
- Restructuring costs incurred due to outsourcing of certain fulfillment and distribution operations
Value Line's fiscal year 2024 results demonstrate solid financial performance and shareholder value creation. Net income increased by
The company's cost management efforts are noteworthy, with operating expenses decreasing by
Value Line's commitment to shareholder returns is evident in its dividend policy. The company declared total dividends of
The company's balance sheet remains strong, with liquid assets increasing by
While these results are positive, investors should note that a significant portion of Value Line's income is derived from its interests in EAM. This concentration could pose a risk if EAM's performance were to decline. Additionally, the company's core business of investment research faces ongoing challenges from the shift to passive investing and free online resources. Value Line's ability to adapt its products and services to changing market dynamics will be important for long-term success.
Value Line's fiscal year 2024 results reflect the company's resilience in a challenging market for traditional investment research providers. The
The standout performance comes from the company's non-voting interests in EAM, which saw a
Value Line's cost management efforts, resulting in a
The company's dividend policy, with its tenth consecutive year of increases, positions Value Line as an attractive option for income-focused investors. The
However, Value Line faces significant challenges in the evolving investment landscape. The rise of passive investing and robo-advisors continues to put pressure on traditional research providers. To maintain its growth trajectory, Value Line will need to continue innovating its product offerings, potentially expanding its digital presence and exploring new ways to monetize its proprietary ranking systems and research methodologies.
The company's focus on specialized products like the Climate Change Investing Service and M&A Service shows an awareness of emerging trends and niche markets. Continued development in these areas could help Value Line differentiate itself and capture new revenue streams in an increasingly crowded market.
New York, July 26, 2024 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) reported results for the fiscal year ended April 30, 2024. During the twelve months ended April 30, 2024, the Company’s net income of
During the three months ended April 30, 2024, the Company’s net income of
Total dividends declared during fiscal year 2024 were
Retained earnings at April 30, 2024, were
The Company’s annual report on Form 10-K has been filed with the SEC and is available on the Company’s website at www.valueline.com/About/corporate_filings.aspx. Shareholders may receive a printed copy, free of charge upon request to the Company at the address above, Attn: Corporate Secretary.
Value Line, Inc. is a leading New York based provider of investment research. The Value Line Investment Survey is one of the most widely used sources of independent equity investment research. Value Line also publishes a range of proprietary investment research in both print and digital formats including research in the areas of Mutual Funds, ETFs and Options. Value Line’s acclaimed research also enables the Company to provide specialized products such as Value Line Select, The Value Line Special Situations Service, Value Line Select ETFs, Value Line Select: Dividend Income & Growth, The New Value Line ETFs Service, The Value Line M&A Service, Information You Should Know Wealth Newsletter, The Value Line Climate Change Investing Service and certain Value Line copyrights, distributed under agreements including certain proprietary ranking system information and other proprietary information used in third party products. Value Line’s products are available to individual investors by mail, at www.valueline.com or by calling 1-800-VALUELINE or 1-800-825-8354, while institutional-level services for professional investors, advisers, corporate, academic, and municipal libraries are offered at www.ValueLinePro.com, www.ValueLineLibrary.com and by calling 1-800-531-1425.
Cautionary Statement Regarding Forward-Looking Information
In this report, “Value Line,” “we,” “us,” “our” refers to Value Line, Inc. and “the Company” refers to Value Line and its subsidiaries unless the context otherwise requires.
This report contains statements that are predictive in nature, depend upon or refer to future events or conditions (including certain projections and business trends) accompanied by such phrases as “believe”, “estimate”, “expect”, “anticipate”, “will”, “intend” and other similar or negative expressions, that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, as amended. Actual results for Value Line, Inc. (“Value Line” or “the Company”) may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the following:
- maintaining revenue from subscriptions for the Company’s digital and print published products;
- changes in investment trends and economic conditions, including global financial issues;
- changes in Federal Reserve policies affecting interest rates and liquidity along with resulting effects on equity markets;
- stability of the banking system, including the success of U.S. government policies and actions in regard to banks with liquidity or capital issues, along with the associated impact on equity markets;
- continuation of orderly markets for equities and corporate and governmental debt securities;
- problems protecting intellectual property rights in Company methods and trademarks;
- protecting confidential information including customer confidential or personal information that we may possess;
- dependence on non-voting revenues and non-voting profits interests in EULAV Asset Management, a Delaware statutory trust (“EAM” or “EAM Trust”), which serves as the investment advisor to the Value Line Funds and engages in related distribution, marketing and administrative services;
- fluctuations in EAM’s and third party copyright assets under management due to broadly based changes in the values of equity and debt securities, sectoral variations, redemptions by investors and other factors;
- possible changes in the valuation of EAM’s intangible assets from time to time;
- possible changes in future revenues or collection of receivables from significant customers;
- dependence on key executive and specialist personnel;
- risks associated with the outsourcing of certain functions, technical facilities, and operations, including in some instances outside the U.S.;
- competition in the fields of publishing, copyright and investment management, along with associated effects on the level and structure of prices and fees, and the mix of services delivered;
- the impact of government regulation on the Company’s and EAM’s businesses;
- federal and/or state legislative changes that might affect Value Line’s business;
- the availability of free or low cost investment information through discount brokers or generally over the internet;
- the economic and other impacts of global political and military conflicts;
- continued availability of generally dependable energy supplies and transportation facilities in the geographic areas in which the company and certain suppliers operate;
- terrorist attacks, cyber attacks and natural disasters;
- insufficiency in our business continuity plans or systems in the event of anticipated or unpredictable disruption;
- widespread illnesses which drastically affect markets, employment, and other economic conditions, and may have additional unpredictable impacts on employees, suppliers, customers, and operations;
- changes in prices and availability of materials and other inputs and services, such as freight and postage, required by the Company;
- other risks and uncertainties, including but not limited to the risks described in Part I, Item 1A, “Risk Factors” of this Company’s Annual Report on Form 10-K for the year ended April 30, 2024; and other risks and uncertainties arising from time to time.
These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors which may involve external factors over which we may have no control or changes in our plans, strategies, objectives, expectations or intentions, which may happen at any time at our discretion, could also have material adverse effects on future results. Except as otherwise required to be disclosed in periodic reports required to be filed by public companies with the SEC pursuant to the SEC's rules, we have no duty to update these statements, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, current plans, anticipated actions, and future financial conditions and results may differ from those expressed in any forward-looking information contained herein.
www.valueline.com
www.ValueLinePro.com, www.ValueLineLibrary.com
Facebook | LinkedIn | Twitter
Complimentary Value Line® Reports on Dow 30 Stocks
![](https://ml.globenewswire.com/media/NjNiOWRhYjAtMWY3MC00NDIxLTg1OTAtMDQzNThlMzg3ZGExLTEwOTYxODI=/tiny/Value-Line-Inc-.png)
FAQ
What was Value Line's (VALU) net income for fiscal year 2024?
How much did Value Line (VALU) receive from its interest in EAM for fiscal year 2024?
What was Value Line's (VALU) dividend yield as of April 30, 2024?