Value Line, Inc., (NASDAQ: VALU) reported results for the first
fiscal quarter ended July 31, 2022.
During the three months ended July 31, 2022, the
Company’s income from operations of $2,556,000 was 12.8% above
income from operations of $2,265,000 during the three months ended
July 31, 2021. For the three months ended July 31, 2022, operating
expenses decreased 6.5% below those during the three months ended
July 31, 2021. During the three months ended July 31, 2022, the
Company’s net income of $4,458,000, or $0.47 per share, was 24.4%
below net income of $5,897,000, or $0.62 per share, for the three
months ended July 31, 2021 primarily because of the difference in
unrealized investment gains/losses.
Retained earnings at July 31, 2022, were
$89,734,000, representing an increase of 2.4% over retained
earnings at April 30, 2022. The Company’s liquid assets at July 31,
2022, were $58,530,000, a 1.2% increase over liquid assets at April
30, 2022. Shareholders’ equity reached $79,357,000 at July 31,
2022, a slight decrease from the shareholders’ equity of
$79,645,000 at April 30, 2022, reflecting the Company’s repurchases
of shares.
During the three months ended July 31, 2022,
there were 9,484,109 average common shares outstanding as compared
to 9,560,009 average common shares outstanding during the three
months ended July 31, 2021, also reflecting the Company’s
repurchases of shares.
The Company’s quarterly report on Form 10-Q has
been filed with the SEC and is available on the Company’s website
at https://www.valueline.com/About/InvestorRelation.aspx.
Shareholders may receive a printed copy, free of charge upon
request.
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,
Value Line Special Situations, Value Line Select: ETFs, Value Line
Select: Dividend Income & Growth, The New Value Line ETFs
Service, The Value Line M & A Service, The Value Line
Information You Should Know Wealth Newsletter, 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. Investment Advisory
services are provided through its substantial non-voting interests
in EULAV Asset Management, the investment advisor to The Value Line
Family of Mutual Funds. 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 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;
- 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, redemptions by
investors and other factors;
- possible changes in the valuation
of EAM’s intangible assets from time to time;
- generating 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;
- availability of free or low cost
investment data through discount brokers or generally over the
internet;
- military conflicts, civil unrest,
and associated travel and supply disruptions and other
effects;
- Russia’s invasion of Ukraine and
the impact on inflation;
- continued availability of generally
dependable energy supplies 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;
- the coronavirus pandemic, which has
drastically affected markets, employment, and other economic
conditions, and may have additional unpredictable impacts on
employees, suppliers, customers, and operations;
- other possible epidemics;
- changes in prices 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
Item 1A, “Risk Factors” of the Company’s Annual Report on Form 10-K
for the year ended April 30, 2022 and in Part II, Item 1A of this
Quarterly Report on Form 10-Q for the period ended July 31, 2022;
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 by applicable law, 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.comwww.ValueLinePro.com,
www.ValueLineLibrary.comFacebook | LinkedIn | TwitterComplimentary
Value Line® Reports on Dow 30 Stocks
Contact: Howard A. Brecher
Value Line, Inc.
212-907-1500
Value Line (NASDAQ:VALU)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Value Line (NASDAQ:VALU)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024
