Value Line Inc reported QQ1 2025 revenue of $8.884 million, a year-over-year decline of 8.82% and a quarter-over-quarter decrease of 1.32%. Despite the top-line softness, net income reached $5.888 million, driven by substantial other income totaling $5.95 million that more than offset operating expense growth and supported an EPS of $0.62. Gross margin stood at 60.1%, with operating margin around 20.8% and EBITDA of $2.141 million. The company generated $4.771 million of operating cash flow and $4.767 million of free cash flow, finishing the period with a strong liquidity position and a net cash balance (net debt of approximately -$11.1 million). The balance sheet shows total assets of $138.56 million and total liabilities of $44.70 million, with equity of $93.85 million. Leverage remains modest (debt to equity ~0.048) and liquidity is ample (current ratio ~3.17). The results underscore a durable subscription-driven model complemented by a sizable non-operating income stream; sustainability of that income and growth in core recurring revenue will be key for latent upside. In the near term, investors should monitor revenue trends, the composition and sustainability of other income, and the trajectory of deferred revenue as Value Line expands its digital product suite.