Core Viewpoint - Value Line, Inc. reported strong financial results for the nine months ended January 31, 2025, showcasing significant growth in net income and investment gains [5]. Financial Performance - The company's net income for the nine months was $16,735,000, or $1.78 per share, representing a 17.6% increase from $14,232,000, or $1.51 per share, for the same period in the previous year [5]. - Non-voting revenues from Eulav Asset Management increased by $4,440,000, or 47.5%, totaling $13,781,000 for the nine months ended January 31, 2025 [5]. - Total investment gains reached $3,557,000, an increase of $1,872,000, or 111.1%, compared to the prior fiscal year [5]. - Retained earnings as of January 31, 2025, were $112,508,000, up 7.9% from $104,300,000 as of April 30, 2024 [5]. - Shareholders' equity increased to $98,950,000, a 9.0% rise from $90,793,000 as of April 30, 2024 [5]. Company Overview - Value Line, Inc. is a prominent provider of investment research based in New York, known for its widely used Value Line Investment Survey [2]. - The company offers a variety of proprietary investment research products in both print and digital formats, including services related to Mutual Funds, ETFs, and Options [2]. - Specialized products include Value Line Select, The Value Line Special Situations Service, and various Value Line ETFs [2].
VALUE LINE, INC. ANNOUNCES EARNINGS FOR FIRST NINE MONTHS OF FISCAL 2025