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Value Line(VALU) - 2023 Q1 - Quarterly Report
2022-09-14 17:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2022 For the transition period from to Commission File Number: 0-11306 VALUE LINE, INC. (Exact name of registrant as specified in its charter) New York 13-3139843 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) (Registrant's telephone n ...
Value Line(VALU) - 2022 Q4 - Annual Report
2022-07-26 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended April 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________________________ to __________________________________ Commission file number: 0-11306 VALUE LINE, INC. (Exact name of registrant as specified ...
Value Line(VALU) - 2022 Q3 - Quarterly Report
2022-03-16 18:23
FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Commission File Number: 0-11306 VALUE LINE, INC. (Exact name of registrant as specified in its charter) New York 13-3139843 ( ...
Value Line(VALU) - 2022 Q2 - Quarterly Report
2021-12-13 20:44
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________________________ to __________________________________ Commission File Number: 0-11306 VALUE LINE, INC. (Exact name of registrant as specified in its charter) New York 13-3139843 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) FORM 10-Q (Mark O ...
Value Line(VALU) - 2022 Q1 - Quarterly Report
2021-09-13 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-11306 VALUE LINE, INC. (Exact name of registrant as specified in its charter) New York 13-3139843 (State or other jurisdiction o ...
Value Line(VALU) - 2021 Q4 - Annual Report
2021-07-28 22:59
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 FORM 10-K For the fiscal year ended April 30, 2021 (Mark One) or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________________________ to __________________________________ Commission file number: 0-11306 551 Fifth Avenue, New York, New York 10176-0001 (Address ...
Value Line(VALU) - 2021 Q3 - Quarterly Report
2021-03-12 21:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________________________ to __________________________________ Commission File Number: 0-11306 VALUE LINE, INC. (Exact name of registrant as ...
Value Line(VALU) - 2021 Q2 - Quarterly Report
2020-12-11 21:43
Financial Performance - For the three months ended October 31, 2020, net income was $5,056,000, or $0.53 per share, representing a 20.1% increase compared to $4,211,000, or $0.44 per share, for the same period in 2019[138]. - For the six months ended October 31, 2020, net income was $10,173,000, or $1.06 per share, a 28.8% increase from $7,901,000, or $0.82 per share, in 2019[137]. - Total operating revenues for the three months ended October 31, 2020, were $10,210,000, a 1.3% increase from $10,080,000 in 2019[139]. - Income from operations for the three months ended October 31, 2020, was $2,188,000, down 16.8% from $2,629,000 in the same period last year[136]. - Income from securities transactions netted $1,281,000 for the six months ended October 31, 2020, compared to $284,000 for the same period in 2019[165]. Revenue Breakdown - Non-voting revenues and non-voting profits interests from EAM Trust increased by 37.8% to $4,214,000 for the three months ended October 31, 2020, compared to $3,058,000 in 2019[136]. - Total publishing revenues for the six months ended October 31, 2020, were $20,538,000, a 4.3% increase from $19,697,000 in 2019[139]. - Copyright fees increased by 5.7% to $3,309,000 for the three months ended October 31, 2020, compared to $3,131,000 in 2019[139]. - Digital publication revenues increased by 2.5% to $3,937,000 for the three months ended October 31, 2020, while print revenues decreased by 4.7% to $2,964,000[139]. - Total investment periodicals and related publications revenues were $13,993,000, a slight increase of 0.1%, while excluding an extra week of print products servings, revenues decreased by 1.3%[142]. Expenses - Total expenses for the six months ended October 31, 2020, were $16,124,000, a 7.2% increase from $15,043,000 in the prior year[159]. - Advertising and promotion expenses increased by 16.4% to $817,000 for the three months ended October 31, 2020, and by 13.8% to $1,872,000 for the six months ended October 31, 2020[160]. - Salaries and employee benefits increased by 3.7% to $4,554,000 for the three months and by 3.3% to $9,062,000 for the six months ended October 31, 2020, compared to the prior fiscal year[161]. - Production and distribution expenses rose by 11.8% to $1,392,000 for the three months and by 10.6% to $2,665,000 for the six months ended October 31, 2020, primarily due to production support costs[162]. - Office and administrative expenses increased by 13.1% to $1,259,000 for the three months and by 14.2% to $2,525,000 for the six months ended October 31, 2020, driven by higher professional fees and bank service costs[163]. Assets and Investments - Total assets in Value Line Funds managed and/or distributed by EAM reached $4.46 billion, reflecting a $965 million increase or 27.6% from $3.50 billion in the prior year[148]. - The aggregate cost of fixed income securities classified as available-for-sale was $12,185,000 as of October 31, 2020, with a fair value of $12,300,000[188]. - As of October 31, 2020, the aggregate cost of equity securities classified as available-for-sale was $15,909,000, with a fair value of $17,185,000[194]. - A hypothetical 30% increase in the fair value of equity securities and ETFs held for dividend yield as of October 31, 2020 would result in an estimated fair value of $22,341,000, representing a 6.44% increase in shareholders' equity[195]. - The company's equity investment strategy focuses on acquiring equity securities across diverse industries, primarily in ETFs and select blue chip stocks[193]. Cash Flow - Cash inflows from operating activities were $7,668,000 for the six months ended October 31, 2020, significantly up from $1,802,000 in the same period of 2019[173]. - Cash outflows from financing activities were $4,441,000 for the six months ended October 31, 2020, including $4,039,000 in quarterly dividend payments[175]. - Working capital increased to $18,000,000 as of October 31, 2020, from $13,700,000 as of April 30, 2020[171]. Taxation - The effective income tax rate decreased to 24.93% for the six months ended October 31, 2020, from 27.29% in the prior year, due to changes in state and local tax allocation factors[166]. Market and Sales - Institutional Sales generated total sales orders of $6,270,000, up 9.2% compared to the prior fiscal year, while retail telemarketing sales orders reached $3,907,000, an increase of 9.1%[142]. - New sales of print and digital publications increased as a percentage of total gross sales, with print new sales at 13.5% and digital new sales at 15.9% for the three months ended October 31, 2020[140]. - Total digital circulation increased by 2.0% compared to the previous year, while total print circulation was up by 1.0%[143]. New Initiatives - The Value Line M&A Service was launched in the second quarter of fiscal 2021, focusing on identifying quality companies for potential mergers or acquisitions[144].
Value Line(VALU) - 2021 Q1 - Quarterly Report
2020-09-11 21:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________________________ to __________________________________ Commission File Number: 0-11306 FORM 10-Q VALUE LINE, INC. (Exact name of registrant as specified in its charter) (Mark One) For the quarterly period ended July 31, 2020 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIE ...
Value Line(VALU) - 2020 Q4 - Annual Report
2020-07-28 19:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended April 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________________________ to __________________________________ Commission file number: 0-11306 VALUE LINE, INC. (Exact name of registrant as specified ...