Financial Snapshot

Revenue
$4.191M
TTM
Gross Margin
74.88%
TTM
Net Earnings
$515.1K
TTM
Current Assets
$3.167M
Q4 2023
Current Liabilities
$1.781M
Q4 2023
Current Ratio
177.85%
Q4 2023
Total Assets
$3.403M
Q4 2023
Total Liabilities
$1.781M
Q4 2023
Book Value
$1.622M
Q4 2023
Cash
Q4 2023
P/E
13.16
Nov 25, 2024 EST
Free Cash Flow
$690.3K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $4.191M $4.268M $4.136M $3.503M $2.421M $2.070M $1.890M $1.887M $1.878M $1.754M
YoY Change -1.81% 3.21% 18.07% 44.68% 16.93% 9.57% 0.12% 0.47% 7.08%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $4.191M $4.268M $4.136M $3.503M $2.421M $2.070M $1.890M $1.887M $1.878M $1.754M
Cost Of Revenue $1.053M $907.2K $741.1K $502.5K $320.6K $247.7K $169.7K $161.6K $391.4K $460.9K
Gross Profit $3.138M $3.361M $3.394M $3.000M $2.100M $1.823M $1.720M $1.617M $1.487M $1.293M
Gross Profit Margin 74.88% 78.74% 82.08% 85.65% 86.76% 88.04% 91.02% 85.68% 79.16% 73.73%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $2.609M $2.515M $2.211M $2.261M $1.884M $1.821M $1.623M $1.538M $1.492M $1.394M
YoY Change 3.75% 13.75% -2.2% 20.0% 3.48% 12.17% 5.57% 3.02% 7.04%
% of Gross Profit 83.15% 74.83% 65.14% 75.36% 89.7% 99.89% 94.38% 95.08% 100.36% 107.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.60K $15.74K $10.21K $8.970K $15.79K $16.84K $17.78K $18.38K $32.88K $40.17K $30.00K $30.00K $50.00K $60.00K $220.0K $250.0K $300.0K $310.0K
YoY Change 5.46% 54.16% 13.82% -43.19% -6.24% -5.29% -3.26% -44.1% -18.15% 33.9% 0.0% -40.0% -16.67% -72.73% -12.0% -16.67% -3.23%
% of Gross Profit 0.53% 0.47% 0.3% 0.3% 0.75% 0.92% 1.03% 1.14% 2.21% 3.11%
Operating Expenses $2.626M $2.531M $2.221M $2.270M $1.900M $1.838M $1.641M $1.556M $1.525M $1.445M
YoY Change 3.76% 13.93% -2.13% 19.48% 3.39% 11.98% 5.47% 2.01% 5.53%
Operating Profit $512.2K $830.2K $1.173M $730.1K $200.5K -$14.77K $78.93K $61.10K -$38.27K -$152.0K
YoY Change -38.3% -29.23% 60.65% 264.2% -1457.35% -118.71% 29.18% -259.66% -74.82%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Interest Expense $0.00 -$280.00 -$1.850K -$2.160K -$2.450K -$15.77K -$15.74K
YoY Change -100.0% -84.86% -14.35% -11.84% -84.46% 0.19%
% of Operating Profit 0.0% -0.14% -2.74% -4.01%
Other Income/Expense, Net $147.7K $72.61K $20.84K $3.150K $117.1K $116.2K $0.00
YoY Change 103.36% 248.42% 561.59% -97.31% 0.73%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income $659.8K $902.8K $1.194M $733.3K $317.3K $99.61K $76.77K $58.64K -$54.04K -$167.7K
YoY Change -26.91% -24.38% 62.8% 131.11% 218.53% 29.75% 30.92% -208.51% -67.78%
Income Tax $127.7K $230.5K $300.8K -$339.2K $0.00 $0.00
% Of Pretax Income 19.35% 25.54% 25.2% -46.26% 0.0%
Net Earnings $464.1K $608.0K $893.0K $1.072M $317.3K $267.1K -$26.79K -$5.960K -$54.04K -$167.7K
YoY Change -23.66% -31.92% -16.74% 238.02% 18.8% -1096.94% 349.5% -88.97% -67.78%
Net Earnings / Revenue 11.07% 14.24% 21.59% 30.62% 13.11% 12.9% -1.42% -0.32% -2.88% -9.56%
Basic Earnings Per Share $0.02 $0.03
Diluted Earnings Per Share $0.02 $0.03 $46.47K $61.17K $18.91K $17.50K -$2.257K -$641.00 -$5.927K -$18.40K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash & Short-Term Investments $3.130M $2.754M $2.655M $1.408M $612.0K $245.5K $29.40K $19.38K $16.01K $14.61K $30.00K $10.00K $10.00K $10.00K $10.00K $10.00K $20.00K $20.00K
YoY Change 13.68% 3.71% 88.58% 130.05% 149.33% 734.9% 51.7% 21.05% 9.58% -51.3% 200.0% 0.0% 0.0% 0.0% 0.0% -50.0% 0.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $35.69K $36.74K $24.94K $19.64K $19.99K $30.85K $10.58K $1.540K $2.510K $9.380K $10.00K $10.00K $10.00K $10.00K $10.00K $40.00K $60.00K $100.0K
YoY Change -2.86% 47.31% 26.99% -1.75% -35.2% 191.59% 587.01% -38.65% -73.24% -6.2% 0.0% 0.0% 0.0% 0.0% -75.0% -33.33% -40.0%
Inventory
Prepaid Expenses
Receivables $820.00 $1.580K $30.11K $30.75K $940.00 $5.030K $8.850K $6.610K $6.310K $12.39K $20.00K $40.00K $80.00K $20.00K $20.00K $10.00K $30.00K $20.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $3.167M $2.792M $2.710M $1.458M $632.9K $281.3K $48.84K $27.54K $24.83K $36.38K $60.00K $60.00K $100.0K $30.00K $40.00K $60.00K $100.0K $140.0K
YoY Change 13.43% 3.02% 85.84% 130.41% 124.97% 476.04% 77.34% 10.91% -31.75% -39.37% 0.0% -40.0% 233.33% -25.0% -33.33% -40.0% -28.57%
Property, Plant & Equipment $216.0K $366.3K $460.5K $577.7K $676.1K $51.27K $39.45K $46.71K $96.39K $109.3K $40.00K $60.00K $80.00K $90.00K $120.0K $320.0K $510.0K $700.0K
YoY Change -41.02% -20.46% -20.29% -14.56% 1218.67% 29.96% -15.54% -51.54% -11.8% 173.23% -33.33% -25.0% -11.11% -25.0% -62.5% -37.25% -27.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.91K $18.25K $59.00K $365.4K $18.25K $13.75K $46.68K $63.83K $7.060K $8.660K $10.00K $10.00K $10.00K $10.00K $10.00K $10.00K $10.00K $20.00K
YoY Change 9.1% -69.07% -83.85% 1901.97% 32.73% -70.54% -26.87% 804.11% -18.48% -13.4% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -50.0%
Total Long-Term Assets $235.9K $384.5K $519.5K $943.0K $694.3K $65.02K $86.13K $110.5K $103.5K $118.0K $50.00K $70.00K $90.00K $90.00K $130.0K $340.0K $540.0K $760.0K
YoY Change -38.64% -25.98% -44.91% 35.81% 967.89% -24.51% -22.08% 6.85% -12.29% 135.9% -28.57% -22.22% 0.0% -30.77% -61.76% -37.04% -28.95%
Total Assets $3.403M $3.176M $3.230M $2.401M $1.327M $346.4K $135.0K $138.1K $128.3K $154.3K $110.0K $130.0K $190.0K $120.0K $170.0K $400.0K $640.0K $900.0K
YoY Change
Accounts Payable $13.67K $19.00K $53.15K $50.21K $50.79K $18.43K $37.37K $79.82K $201.5K $214.9K $130.0K $480.0K $400.0K $400.0K $490.0K $210.0K $10.00K $270.0K
YoY Change -28.05% -64.25% 5.86% -1.14% 175.58% -50.68% -53.18% -60.39% -6.23% 65.32% -72.92% 20.0% 0.0% -18.37% 133.33% 2000.0% -96.3%
Accrued Expenses $669.8K $609.1K $637.0K $669.9K $579.4K $534.2K $610.1K $549.0K $543.3K $487.0K $410.0K $280.0K $1.010M $1.040M $1.320M $1.210M $1.050M $1.030M
YoY Change 9.96% -4.37% -4.92% 15.62% 8.47% -12.45% 11.14% 1.04% 11.57% 18.77% 46.43% -72.28% -2.88% -21.21% 9.09% 15.24% 1.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.200K $5.350K $5.040K $46.81K $46.81K $50.00K $300.0K $330.0K $80.00K $510.0K $550.0K $550.0K $910.0K
YoY Change 34.58% 6.15% -89.23% 0.0% -6.38% -83.33% -9.09% 312.5% -84.31% -7.27% 0.0% -39.56%
Total Short-Term Liabilities $1.781M $1.629M $1.596M $1.497M $1.139M $1.007M $1.199M $1.017M $1.147M $1.104M $890.0K $1.270M $1.910M $1.650M $2.420M $2.090M $1.890M $2.510M
YoY Change 9.28% 2.12% 6.57% 31.44% 13.16% -16.07% 17.93% -11.35% 3.95% 24.01% -29.92% -33.51% 15.76% -31.82% 15.79% 10.58% -24.7%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $20.69K $27.89K $33.24K $168.0K $199.1K $230.0K $0.00 $0.00 $270.0K $300.0K $260.0K $290.0K $0.00
YoY Change -100.0% -25.82% -16.1% -80.22% -15.59% -13.45% -100.0% -10.0% 15.38% -10.34%
Other Long-Term Liabilities $0.00 $145.5K $279.1K $401.9K $514.7K $52.36K $53.25K $219.2K $0.00 $780.0K $20.00K $20.00K $0.00 $440.0K $490.0K $70.00K
YoY Change -100.0% -47.88% -30.55% -21.92% 882.96% -1.67% -75.71% 3800.0% 0.0% -100.0% -10.2% 600.0%
Total Long-Term Liabilities $0.00 $145.5K $279.1K $401.9K $514.7K $73.05K $81.14K $252.4K $168.0K $199.1K $230.0K $780.0K $20.00K $290.0K $300.0K $700.0K $780.0K $70.00K
YoY Change -100.0% -47.88% -30.55% -21.92% 604.56% -9.97% -67.86% 50.23% -15.59% -13.45% -70.51% 3800.0% -93.1% -3.33% -57.14% -10.26% 1014.29%
Total Liabilities $1.781M $1.775M $1.875M $1.899M $1.654M $1.080M $1.280M $1.269M $1.315M $1.303M $1.120M $2.050M $1.930M $1.940M $2.710M $2.790M $2.670M $2.580M
YoY Change 0.32% -5.32% -1.28% 14.83% 53.18% -15.68% 0.87% -3.48% 0.96% 16.31% -45.37% 6.22% -0.52% -28.41% -2.87% 4.49% 3.49%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding 19.47M shares 18.40M shares
Diluted Shares Outstanding 19.65M shares 18.90M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $6.7801 Million

About FULLNET COMMUNICATIONS INC

FullNet Communications, Inc. engages in the provision of integrated communications and Internet connectivity to individuals, businesses, organizations, educational institutions, and government agencies. The company is headquartered in Oklahoma City, Oklahoma and currently employs 15 full-time employees. The company went IPO on 2000-02-07. The firm provides a range of mission-critical services to a broad spectrum of customers throughout the world. Its primary services are mass notification services using text messages and automated telephone calls, equipment colocation and related services, and customized live help desk outsourcing service. Its primary advanced voice and data solution is marketed under its CallMultiplier brand name. CallMultiplier is a comprehensive cloud-based solution to consumers and businesses for mass notification services using text messages and automated telephone calls. The company provides Internet access services to individual and small business customers located in Oklahoma on a retail basis. Under the FullNet brand, it provides its customers with Internet connectivity as well as direct access to a range of Internet applications and resources, including electronic mail.

Industry: Telephone Communications (No Radiotelephone) Peers: VERIZON COMMUNICATIONS INC Digital Locations, Inc. Cuentas Inc. HFactor, Inc. Nuvera Communications, Inc. OOMA INC Starry Group Holdings, Inc. TPT GLOBAL TECH, INC.