FULLNET COMMUNICATIONS INC (FULO)

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CIK 0001092570 · OTC · Telephone Communications (No Radiotelephone)

  • Sector Transportation & Utilities
  • Incorporated OK
  • Fiscal year ends Dec 31

In fiscal 2023, FULLNET COMMUNICATIONS INC reported revenue of $4.19M, down 1.8% from the prior year. The company was profitable, with a net margin of 12.7% and a gross margin of 74.9%. It held $3.40M in total assets against $1.78M in total liabilities.

Key ratios (FY2023)

74.9%
Gross margin
12.2%
Operating margin
12.7%
Net margin
32.8%
Return on equity
-1.8%
Revenue growth (YoY)
Metric (FY)2023202220212020201920182017201620152014
Revenue$4.19M$4.27M$4.14M$3.50M$2.42M$2.07M$1.89M$1.95M$1.88M$1.75M
Cost of Revenue$78.0K$87.9K$99.0K
Gross Profit$3.14M$3.36M$3.39M$3.00M
Operating Income$512.2K$830.2K$1.17M$730.1K$200.5K-$14.8K$78.9K$61.1K-$38.3K-$152.0K
Net Income$532.1K$672.2K$893.0K$1.07M$317.3K$267.1K-$26.8K-$6.0K-$54.0K-$167.7K
EPS (Diluted)$0.02$0.03$0.05$0.07$0.02$0.01$-0.03
Total Assets$3.40M$3.18M$3.23M$2.40M$1.33M$346.4K$135.0K$138.1K$128.3K$154.3K
Total Liabilities$1.78M$1.77M$1.87M$1.90M$1.65M$1.08M$1.28M$1.27M$1.32M$1.30M
Shareholders' Equity$1.62M$1.40M$1.35M$502.3K-$326.5K-$733.3K-$1.15M-$1.13M-$1.19M-$1.15M
Cash & Equivalents$3.13M$2.75M$2.66M$1.41M$612.0K$246.2K$29.4K$19.4K$15.9K$14.6K
Operating Cash Flow$690.3K$774.4K$1.42M$988.1K$426.5K$186.6K$141.8K$150.4K$50.8K$78.0K
Capital Expenditures$0$49.5K$5.8K$14.2K$14.5K$7.5K$1.5K$6.6K-$18.4K$62.2K
Shares Outstanding19.57M19.18M17.15M16.46M14.54M13.62M11.87M11.87M9.12M9.12M