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FONAR Corporation, sometimes referred to as the Company or FONAR , is a Delaware corporation which was incorporated on July 17, 1978. Our address is 110 Marcus Drive, Melville, New York 11747 and our telephone number is 631-694-2929.
11.12% operating margin is respectable but not wide. ROIC at 4.05%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue growth slowed to 1.4%, essentially flat. This is a business that needs a catalyst.
Free cash flow declined 44% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
$105M
▲ +1.4% YoY
Net Income (TTM)
$7M
▼ -21.1% YoY
Op. Margin
9.05%
▲ +6.7pp YoY
ROIC
3.27%
▲ +2.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$5M
▼ -43.8% YoY
Op. Cash Flow (TTM)
$8M
▼ -20.1% YoY
Net Debt
-$15M
Net Cash Position
Cash & Equiv.
$54M
5Y CAGR: +4.0%
5Y CAGR: -10.3%
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