FY2023 · ended Dec 31, 2023 · Revenue $4.19M, -1.8% YoY · Filed Apr 1, 2024
Fullnet Communications Inc (FULO) files with the SEC under industry code 4813, Telephone Communications (No Radiotelephone). In fiscal 2023, which ended Dec 31, 2023, it reported revenue of $4.2 million and net income of $532,139. Free cash flow was $690,293. As of Dec 31, 2023 it held $3.1 million in cash and investments and $145,449 in total debt.
Revenue
$4.19M
-1.8% vs prior year
Net income
$532,139
-20.8% vs prior year
Operating cash flow
$690,293
-10.9% vs prior year
Free cash flow
$690,293
-4.8% vs prior year
EPS
$0.01
+133.3% vs prior year
Dividend per share
None
Shares outstanding
19.62M
+2.3% vs prior year
Net cash
$2.98M
FY 2023
Operating margin
12.2%
FY 2023
Company profile
- Industry
- Telephone Communications (No Radiotelephone) (SIC 4813)
- Listed as
- FULO (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- OK
- Headquarters
- Oklahoma City, OK
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1092570
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- Bce Inc BCE
- Telefonica Brasil S.A. VIV
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All 33 Telephone Communications (No Radiotelephone) companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
FY 2020 Dec 31, 2020 |
FY 2019 Dec 31, 2019 |
|---|---|---|---|---|---|
| Revenue | $4.2M | $4.3M | $4.1M | $3.5M | $2.4M |
| Operating income | $512,175 | $830,153 | $1.2M | $730,135 | $200,489 |
| Net income | $532,139 | $672,236 | $892,977 | $1.1M | $317,290 |
| Diluted EPS | — | — | — | — | $0.01 |
| Operating cash flow | $690,293 | $774,364 | $1.4M | $988,097 | $426,459 |
| Free cash flow | $690,293 | $724,845 | $1.4M | $973,912 | $411,916 |
| Total assets | $3.4M | $3.2M | $3.2M | $2.4M | $1.3M |
| Total liabilities | $1.8M | $1.8M | $1.9M | $1.9M | $1.7M |
| Stockholders' equity | $1.6M | $1.4M | $1.4M | $502,264 | -$326,488 |
| Cash and investments | $3.1M | $2.8M | $2.7M | $1.4M | $612,005 |
| Total debt | $145,449 | $279,086 | $401,870 | $514,682 | $618,333 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
May 15, 2024 | May 15, 2024 |
| 8-K |
Current report
Auditor change
|
May 7, 2024 | May 6, 2024 |
| 10-K | Annual report | Apr 1, 2024 | Dec 31, 2023 |
| 8-K |
Current report
Other events
|
Feb 15, 2024 | Feb 5, 2024 |
| 8-K |
Current report
Other events
|
Jan 16, 2024 | Jan 16, 2024 |
| 8-K |
Current report
Other events
|
Nov 15, 2023 | Nov 15, 2023 |
All 372 Fullnet Communications Inc SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.