FULLNET COMMUNICATIONS INC Income Statement
FULO|12 years of annual SEC 10-K data (FY2011-FY2023)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 12 fiscal years. All figures from audited SEC 10-K filings.
FULLNET COMMUNICATIONS INC reported $4M in revenue and $532,139 in net income for FY2023. Revenue has grown at a 6.9% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2M | $4.3M | $4.1M | $3.5M | $2.4M | $2.1M | $1.9M | $1.9M | $1.9M | $1.8M | $1.6M | $1.9M |
| Cost of Revenue | - | - | - | - | - | - | - | $78.0K | $87.9K | $99.0K | $109.7K | $172.9K |
| Gross Profit | $3.1M | $3.4M | $3.4M | $3.0M | - | - | - | - | - | - | - | - |
| SG&A Expense | - | - | - | - | - | - | - | $1.6M | $1.5M | $1.4M | $1.3M | $1.2M |
| Operating Income | $512.2K | $830.2K | $1.2M | $730.1K | $200.5K | -$14.8K | $78.9K | $61.1K | -$38.3K | -$152.0K | -$158.0K | $52.2K |
| Interest Expense | - | - | - | $0 | $277 | $1.8K | - | -$15.2K | -$15.8K | -$15.7K | -$19.6K | $24.1K |
| Income Tax | $127.7K | $230.5K | $300.8K | -$339.2K | $0 | - | - | - | - | - | - | $0 |
| Net Income | $532.1K | $672.2K | $893.0K | $1.1M | $317.3K | $267.1K | -$26.8K | -$6.0K | -$54.0K | -$167.7K | $223.4K | $65.3K |
| EPS (Basic) | $0.03 | $0.05 | $0.07 | - | $0.01 | - | - | - | - | $0.02 | -$0.02 | $0.10 |
| EPS (Diluted) | - | - | - | - | $0.01 | $0.00 | -$0.01 | -$0.01 | -$0.03 | $0.01 | -$0.02 | $0.10 |
| Shares Outstanding | 19.2M | 17.1M | 16.5M | 14.5M | 13.6M | 11.9M | 11.9M | 9.1M | 9.1M | 9.1M | 9.1M | 7.9M |
| Gross Margin | 74.9% | 78.7% | 82.1% | 85.7% | - | - | - | - | - | - | - | - |
| Operating Margin | 12.2% | 19.4% | 28.4% | 20.8% | 8.3% | -0.7% | 4.2% | 3.1% | -2.0% | -8.7% | -9.7% | 2.8% |
| Profit Margin | 12.7% | 15.8% | 21.6% | 30.6% | 13.1% | 12.9% | -1.4% | -0.3% | -2.9% | -9.6% | 13.7% | 3.5% |