Cash flow FullNet Communications, Inc.

Stocks

FULO

US3598511026

Integrated Telecommunications Services

Market Closed - OTC Markets 13:38:09 2026-05-26 EDT			5-day change	1st Jan Change
0.4000 ^USD	+11.05%		+14.29%	+6.67%

08-13	FullNet Communications, Inc. announces Quarterly dividend, payable on September 15, 2026	CI
05-14	FullNet Communications, Inc. announces Quarterly dividend, payable on June 15, 2026	CI

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Published financial data: FULLNET COMMUNICATIONS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019 (USD)	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)
Revenues	2.42M	3.5M	4.14M	4.27M	4.19M
Total Revenues	2.42M	3.5M	4.14M	4.27M	4.19M
Cost of Goods Sold, Total	321K	503K	741K	907K	1.05M
Gross Profit	2.1M	3M	3.39M	3.36M	3.14M
Selling General & Admin Expenses, Total	1.88M	2.26M	2.21M	2.52M	2.61M
Depreciation & Amortization - (IS)	15.79K	8.97K	10.21K	15.74K	16.6K
Other Operating Expenses, Total	1.9M	2.27M	2.22M	2.53M	2.63M
Operating Income	202K	730K	1.17M	830K	512K
Interest Expense, Total	-277	-	-	-	-
Interest And Investment Income	8.36K	2.15K	835	40.83K	141K
Net Interest Expenses	8.09K	2.15K	835	40.83K	141K
Other Non Operating Income (Expenses)	-	1K	20K	-	-
EBT, Excl. Unusual Items	210K	733K	1.19M	871K	653K
Gain (Loss) On Sale Of Assets	81.92K	-	-	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	26.16K	-	-	31.77K	6.42K
EBT, Incl. Unusual Items	318K	733K	1.19M	903K	660K
Income Tax Expense	-	-339K	301K	231K	128K
Earnings From Continuing Operations	318K	1.07M	893K	672K	532K
Earnings Of Discontinued Operations	-957	-	-	-	-
Net Income to Company	317K	1.07M	893K	672K	532K
Net Income - (IS)	317K	1.07M	893K	672K	532K
Preferred Dividend and Other Adjustments	81.73K	59.77K	54.74K	64.26K	68.01K
Net Income to Common Incl Extra Items	236K	1.01M	838K	608K	464K
Net Income to Common Excl. Extra Items	237K	1.01M	838K	608K	464K
Per Share Items
Net EPS - Basic	0.02	0.07	0.05	0.03	0.02
Basic EPS - Continuing Operations	0.02	0.07	0.05	0.03	0.02
Basic Weighted Average Shares Outstanding	14.28M	14.91M	16.7M	18.4M	19.47M
Net EPS - Diluted	0.01	0.06	0.05	0.03	0.02
Diluted EPS - Continuing Operations	0.01	0.06	0.05	0.03	0.02
Diluted Weighted Average Shares Outstanding	16.78M	17.53M	19.22M	18.9M	19.47M
Normalized Basic EPS	0.01	0.03	0.04	0.03	0.02
Normalized Diluted EPS	0.01	0.03	0.04	0.03	0.02
Dividend Per Share	-	-	-	0.01	0.01
Payout Ratio	-	-	18.82	104.68	59.93
Supplemental Items
EBITDA	218K	739K	1.18M	846K	529K
EBITA	210K	730K	1.17M	830K	512K
EBIT	202K	730K	1.17M	830K	512K
EBITDAR	455K	891K	1.34M	998K	681K
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	-	-46.26	25.2	25.54	19.35
Total Deferred Taxes	-	-339K	301K	-	-
Normalized Net Income	131K	458K	746K	544K	408K
Supplemental Operating Expense Items
Advertising Expense	343K	636K	478K	629K	714K
Selling and Marketing Expenses	343K	636K	488K	629K	714K
General and Administrative Expenses	-	-	1.72M	1.89M	1.89M
Net Rental Expense, Total	237K	152K	152K	152K	152K
Imputed Operating Lease Interest Expense	1.62K	-	-	-	-
Imputed Operating Lease Depreciation	235K	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	23.8K	26.55K	8.79K	11.43K	8.22K
Total Stock-Based Compensation	23.8K	26.55K	8.79K	11.43K	8.22K

Fiscal Period: December	2019 (USD)	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)
Assets
Cash And Equivalents	611K	1.41M	2.66M	2.75M	3.13M
Total Cash And Short Term Investments	611K	1.41M	2.66M	2.75M	3.13M
Accounts Receivable, Total	943	30.75K	30.11K	1.58K	823
Total Receivables	943	30.75K	30.11K	1.58K	823
Prepaid Expenses	19.99K	19.64K	24.94K	36.74K	35.69K
Total Current Assets	632K	1.46M	2.71M	2.79M	3.17M
Gross Property Plant And Equipment	3.38M	1.92M	1.82M	1.59M	1.46M
Accumulated Depreciation	-2.7M	-1.35M	-1.36M	-1.22M	-1.24M
Net Property Plant And Equipment	676K	578K	460K	366K	216K
Deferred Tax Assets Long-Term	-	339K	38.36K	-	-
Other Long-Term Assets, Total	19.1K	26.16K	20.64K	18.25K	19.91K
Total Assets	1.33M	2.4M	3.23M	3.18M	3.4M
Liabilities
Accounts Payable, Total	6.87K	50.2K	53.15K	19K	13.67K
Accrued Expenses, Total	154K	299K	245K	263K	355K
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	104K	113K	123K	134K	145K
Unearned Revenue Current, Total	509K	777K	905K	1M	1.1M
Other Current Liabilities	366K	258K	269K	213K	169K
Total Current Liabilities	1.14M	1.5M	1.6M	1.63M	1.78M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	515K	402K	279K	145K	-
Total Liabilities	1.65M	1.9M	1.87M	1.77M	1.78M
Preferred Stock Convertible	555K	354K	357K	410K	410K
Total Preferred Equity	555K	354K	357K	410K	410K
Common Stock, Total	145	165	171	192	196
Additional Paid In Capital	8.94M	9.06M	9.07M	9.11M	9.12M
Retained Earnings	-9.82M	-8.92M	-8.07M	-8.12M	-7.91M
Total Common Equity	-881K	149K	998K	992K	1.21M
Total Equity	-326K	502K	1.35M	1.4M	1.62M
Total Liabilities And Equity	1.33M	2.4M	3.23M	3.18M	3.4M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	14.54M	16.66M	17.15M	19.18M	19.62M
ECS Total Common Shares Outstanding	14.54M	16.46M	17.15M	19.18M	19.57M
Book Value / Share	-0.06	0.01	0.06	0.05	0.06
Tangible Book Value	-881K	149K	998K	992K	1.21M
Tangible Book Value Per Share	-0.06	0.01	0.06	0.05	0.06
Total Debt	618K	515K	402K	279K	145K
Net Debt	7.18K	-893K	-2.25M	-2.47M	-2.98M
Debt Equivalent Oper. Leases	1.9M	1.22M	1.22M	1.22M	1.22M
Account Code - Inventory Valuation	3	3	-	3	3
Machinery, Total	1.52M	341K	347K	349K	349K
Full Time Employees	15	15	16	15	15
Accumulated Allowance for Doubtful Accounts (Supple)	206K	207K	208K	207K	209K

Fiscal Period: December	2019 (USD)	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)
Net Income	317K	1.07M	893K	672K	532K
Depreciation & Amortization - CF	155K	113K	123K	139K	150K
Amortization of Goodwill and Intangible Assets - (CF)	7.73K	-	-	-	-
Depreciation & Amortization, Total	162K	113K	123K	139K	150K
(Gain) Loss From Sale Of Asset	-	-	-	5.2K	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	39.15K	26.55K	8.79K	11.43K	8.22K
Provision and Write-off of Bad Debts	-1.52K	1.28K	1.02K	-506	1.23K
Net Cash From Discontinued Operations	-1.39K	-	-	-	-
Other Operating Activities, Total	-15.35K	-336K	301K	38.36K	-
Change In Accounts Receivable	5.6K	-31.09K	-380	29.03K	-467
Change In Accounts Payable	-15.56K	-581	2.94K	-34.15K	-5.33K
Change in Unearned Revenues	66.09K	268K	128K	95.8K	95.86K
Change in Other Net Operating Assets	-130K	-125K	-38.63K	-182K	-91.59K
Cash from Operations	426K	988K	1.42M	774K	690K
Capital Expenditure	-14.54K	-14.18K	-5.85K	-49.52K	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-14.54K	-14.18K	-5.85K	-49.52K	-
Long-Term Debt Repaid, Total	-27.89K	-	-	-	-
Total Debt Repaid	-27.89K	-	-	-	-
Issuance of Common Stock	2.02K	400	2.07K	27.32K	5.38K
Issuance of Preferred Stock	-	-	-	50K	-
Repurchase of Preferred Stock	-20.28K	-178K	-	-	-
Common Dividends Paid	-	-	-	-653K	-257K
Preferred Dividends Paid	-	-	-168K	-51.14K	-61.83K
Common & Preferred Stock Dividends Paid	-	-	-168K	-704K	-319K
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-46.15K	-178K	-166K	-626K	-314K
Net Change in Cash	366K	796K	1.25M	98.44K	377K
Supplemental Items
Cash Interest Paid	277	-	-	-	-
Levered Free Cash Flow	296K	901K	943K	659K	620K
Unlevered Free Cash Flow	297K	901K	943K	659K	620K
Change In Net Working Capital	1.36K	-319K	-83.79K	-39.68K	-141K
Net Debt Issued / Repaid	-27.89K	-	-	-	-

Fiscal Period: December	2019 (USD)	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)
Profitability
Return on Assets	15.09	24.48	26.04	16.2	9.73
Return on Total Capital	-61.09	69.73	52.86	30.19	18.57
Return On Equity %	-60.06	1.22K	96.16	48.77	35.2
Return on Common Equity	-20.99	-276.61	146.21	61.11	42.1
Margin Analysis
Gross Profit Margin %	86.76	85.65	82.08	78.74	74.88
SG&A Margin	77.76	64.55	53.47	58.93	62.26
EBITDA Margin %	9	21.1	28.61	19.82	12.62
EBITA Margin %	8.67	20.85	28.36	19.45	12.22
EBIT Margin %	8.35	20.85	28.36	19.45	12.22
Income From Continuing Operations Margin %	13.15	30.62	21.59	15.75	12.7
Net Income Margin %	13.11	30.62	21.59	15.75	12.7
Net Avail. For Common Margin %	9.77	28.91	20.27	14.24	11.07
Normalized Net Income Margin	5.43	13.09	18.04	12.75	9.74
Levered Free Cash Flow Margin	12.24	25.72	22.8	15.44	14.79
Unlevered Free Cash Flow Margin	12.25	25.72	22.8	15.44	14.79
Asset Turnover
Asset Turnover	2.89	1.88	1.47	1.33	1.27
Fixed Assets Turnover	6.66	5.59	7.97	10.33	14.4
Receivables Turnover (Average Receivables)	811.3	221.02	135.91	269.38	3.48K
Short Term Liquidity
Current Ratio	0.55	0.97	1.7	1.71	1.78
Quick Ratio	0.54	0.96	1.68	1.69	1.76
Operating Cash Flow to Current Liabilities	0.37	0.66	0.89	0.48	0.39
Days Sales Outstanding (Average Receivables)	0.45	1.66	2.69	1.35	0.1
Average Days Payable Outstanding	16.68	36.78	25.45	14.51	5.66
Long Term Solvency
Total Debt/Equity	-189.39	102.47	29.66	19.91	8.97
Total Debt / Total Capital	211.87	50.61	22.87	16.61	8.23
LT Debt/Equity	-157.64	80.01	20.6	10.38	-
Long-Term Debt / Total Capital	176.35	39.52	15.89	8.65	-
Total Liabilities / Total Assets	124.6	79.08	58.05	55.88	52.33
EBIT / Interest Expense	729.55	-	-	-	-
EBITDA / Interest Expense	1.64K	-	-	-	-
(EBITDA - Capex) / Interest Expense	1.59K	-	-	-	-
Total Debt / EBITDA	1.36	0.58	0.3	0.28	0.21
Net Debt / EBITDA	0.02	-1	-1.69	-2.48	-4.38
Total Debt / (EBITDA - Capex)	1.4	0.59	0.3	0.29	0.21
Net Debt / (EBITDA - Capex)	0.02	-1.02	-1.69	-2.61	-4.38
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.93	44.68	18.07	3.21	-1.81
Gross Profit, 1 Yr. Growth %	15.22	42.84	13.15	-0.98	-6.63
EBITDA, 1 Yr. Growth %	10.45K	241.74	60.08	-28.51	-37.49
EBITA, 1 Yr. Growth %	-3.63K	250.66	60.65	-29.23	-38.3
EBIT, 1 Yr. Growth %	-1.47K	264.18	60.65	-29.23	-38.3
Earnings From Cont. Operations, 1 Yr. Growth %	219.49	238.01	-16.74	-24.72	-20.84
Net Income, 1 Yr. Growth %	18.8	238.01	-16.74	-24.72	-20.84
Normalized Net Income, 1 Yr. Growth %	1.16K	251.57	62.8	-25.75	-24.98
Diluted EPS Before Extra, 1 Yr. Growth %	-1.13K	500	-16.67	-40	-20.52
Accounts Receivable, 1 Yr. Growth %	-81.24	3.16K	-2.09	-94.74	-48.04
Net Property, Plant and Equip., 1 Yr. Growth %	1.22K	-14.56	-20.29	-20.46	-41.02
Total Assets, 1 Yr. Growth %	283.21	80.92	34.49	-1.65	7.13
Tangible Book Value, 1 Yr. Growth %	-35.79	-116.89	570.78	-0.59	22.24
Common Equity, 1 Yr. Growth %	-35.79	-116.89	570.78	-0.59	22.24
Cash From Operations, 1 Yr. Growth %	234.87	131.7	43.61	-45.43	-10.86
Capital Expenditures, 1 Yr. Growth %	94.66	-2.46	-58.78	746.91	-
Levered Free Cash Flow, 1 Yr. Growth %	-308.29	189.92	4.67	-30.11	-5.95
Unlevered Free Cash Flow, 1 Yr. Growth %	-310.12	189.76	4.67	-30.11	-5.95
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	120
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.19	30.06	30.7	10.39	0.67
Gross Profit, 2 Yr. CAGR %	10.51	28.29	27.13	5.85	-3.85
EBITDA, 2 Yr. CAGR %	50.09	1.79K	133.9	6.98	-33.15
EBITA, 2 Yr. CAGR %	54.43	1.01K	137.35	6.63	-33.92
EBIT, 2 Yr. CAGR %	60.01	603.07	141.88	6.63	-33.92
Earnings From Cont. Operations, 2 Yr. CAGR %	103.6	228.13	67.76	-20.83	-22.8
Net Income, 2 Yr. CAGR %	244.16	100.39	67.76	-20.83	-22.8
Normalized Net Income, 2 Yr. CAGR %	65.46	564.28	139.24	8.99	-25.36
Diluted EPS Before Extra, 2 Yr. CAGR %	54.28	684.87	123.61	-29.29	-30.94
Accounts Receivable, 2 Yr. CAGR %	-67.36	147.35	465.04	-77.3	-83.47
Net Property, Plant and Equip., 2 Yr. CAGR %	313.99	235.67	-17.47	-20.37	-31.51
Total Assets, 2 Yr. CAGR %	213.59	163.31	55.99	15.01	2.65
Tangible Book Value, 2 Yr. CAGR %	-29.33	-67.07	6.43	158.23	10.24
Common Equity, 2 Yr. CAGR %	-29.33	-67.07	6.43	158.23	10.24
Cash From Operations, 2 Yr. CAGR %	192.95	178.57	82.42	-11.47	-30.25
Capital Expenditures, 2 Yr. CAGR %	214.53	37.79	-36.59	86.84	-
Levered Free Cash Flow, 2 Yr. CAGR %	85.41	151.63	74.2	-14.47	-18.93
Unlevered Free Cash Flow, 2 Yr. CAGR %	84.03	152.65	74.15	-14.47	-18.93
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.82	22.84	25.94	20.81	6.17
Gross Profit, 3 Yr. CAGR %	10.13	20.37	23.03	16.97	1.51
EBITDA, 3 Yr. CAGR %	84.17	96.97	730.57	57.56	-10.56
EBITA, 3 Yr. CAGR %	121.93	102.46	482.39	58.57	-11.15
EBIT, 3 Yr. CAGR %	130.53	109.92	329.83	60.58	-11.15
Earnings From Cont. Operations, 3 Yr. CAGR %	75.73	140.84	107.74	28.44	-20.83
Net Income, 3 Yr. CAGR %	276.23	242.1	49.53	28.44	-20.83
Normalized Net Income, 3 Yr. CAGR %	146.44	112.17	315.71	61.03	-3.77
Diluted EPS Before Extra, 3 Yr. CAGR %	100.31	142.62	271.65	44.22	-26.48
Accounts Receivable, 3 Yr. CAGR %	-47.76	51.44	81.61	18.87	-70.09
Net Property, Plant and Equip., 3 Yr. CAGR %	143.7	144.65	107.87	-18.48	-27.95
Total Assets, 3 Yr. CAGR %	112.62	161.06	110.48	33.76	12.32
Tangible Book Value, 3 Yr. CAGR %	-20.04	-56.15	-10.07	4.03	101.26
Common Equity, 3 Yr. CAGR %	-20.04	-56.15	-10.07	4.03	101.26
Cash From Operations, 3 Yr. CAGR %	101.41	170.93	123.37	22	-11.27
Capital Expenditures, 3 Yr. CAGR %	30.15	112.9	-7.85	50.44	-
Levered Free Cash Flow, 3 Yr. CAGR %	15.01	118.63	87.84	28.48	-11.72
Unlevered Free Cash Flow, 3 Yr. CAGR %	14.74	117.5	88.35	28.46	-11.72
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.65	13.27	18.38	17.7	15.15
Gross Profit, 5 Yr. CAGR %	10.18	15.07	16.64	14.34	11.48
EBITDA, 5 Yr. CAGR %	16.66	93.35	102.35	54.3	203.16
EBITA, 5 Yr. CAGR %	9.24	184.4	127.63	56.66	143.87
EBIT, 5 Yr. CAGR %	7.46	165.63	134.63	60.1	103.24
Earnings From Cont. Operations, 5 Yr. CAGR %	13.66	81.77	72.4	54.33	39.81
Net Income, 5 Yr. CAGR %	13.6	81.77	172.36	90.51	14.78
Normalized Net Income, 5 Yr. CAGR %	6.04	102.96	143.17	62.54	108.41
Diluted EPS Before Extra, 5 Yr. CAGR %	-16.77	38.38	109.33	48.17	89.57
Accounts Receivable, 5 Yr. CAGR %	-40.26	37.28	35.41	-29.12	-30.36
Net Property, Plant and Equip., 5 Yr. CAGR %	43.97	43.06	58.04	56.15	33.33
Total Assets, 5 Yr. CAGR %	53.78	79.66	87.85	88.08	57.93
Tangible Book Value, 5 Yr. CAGR %	-11.68	-38.79	-10.35	-10.88	-2.44
Common Equity, 5 Yr. CAGR %	-11.68	-38.79	-10.35	-10.88	-2.44
Cash From Operations, 5 Yr. CAGR %	40.44	81.03	93.59	73.2	40.22
Capital Expenditures, 5 Yr. CAGR %	-25.22	-5.05	-2.38	102.06	-
Levered Free Cash Flow, 5 Yr. CAGR %	19.43	65.22	37.08	50.2	34.22
Unlevered Free Cash Flow, 5 Yr. CAGR %	17.6	61.1	36.87	49.73	34.44