Fortran Corporation

Fortran Corporation

FRTN
Fortran CorporationUS flagOther OTC
0.07
USD
- -
- -
1.63MMarket Cap
1995 Y
1996 Y
1997 Y
1998 Y
1999 Y
2000 Y
2001 Y
2002 Y
2003 Y
2004 Y
2005 Y
2006 Y
2007 Y
TTM
Revenue per Share
124.4
148.11
150.3
153.85
156.29
143.94
135.69
109.41
90.53
91.69
92.12
87.13
71.57
63.91
Basic EPS, GAAP
3.28
2.19
2.19
2.92
-0.74
-3.1
1.15
-1.13
-5.78
-6.23
-7.01
-6.85
-6.97
-3.55
Free Cash Flow per Basic Share
-16.05
1.82
8.39
-1.09
0.27
2.75
14.28
4.46
-0.32
0.31
-1.01
-2.38
-0.34
1.78
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
26.63
14.23
31.01
33.93
39.51
36.41
37.56
36.39
30.61
24.39
17.37
3.93
10.53
-5.34
Tangible Book Value per Share
44.51
46.7
48.88
51.81
50.86
47.76
48.91
47.74
41.97
35.74
28.73
21.88
21.88
12.61
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
34
41
41
42
43
39
37
30
25
25
25
24
20
18
Operating Margin (%)
3.81
2.96
3.88
3.25
- -
-2.25
1.97
-1.83
-8.46
-7.63
-7.56
-7.88
-9.5
-5.33
Depreciation Expense
1
2
2
2
2
2
2
2
2
2
2
2
1
1
Net Income, GAAP
1
1
1
1
- -
-1
- -
- -
-2
-2
-2
-2
-2
-1
Effective Tax Rate (%)
18.18
33.33
40
33.33
- -
- -
37.97
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
2.64
1.48
1.46
1.9
-0.47
-2.15
0.85
-1.04
-6.38
-6.79
-7.61
-7.86
-9.74
-5.55
Working Capital
5
8
8
8
6
6
7
6
3
3
3
3
3
2
LT Debt
5
6
5
5
6
5
4
3
- -
- -
- -
- -
- -
- -
Total Equity
12
13
13
14
14
13
13
13
12
10
8
6
6
3
Return on Invested Capital (%)
6.97
4.42
5.03
4.68
- -
- -
2.38
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
8.7
5.36
4.92
5.48
- -
- -
1.97
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
13.14
10.71
9.68
8.99
-2.01
-8.17
3.11
-3.06
-17.25
-22.65
-33.58
-64.28
-96.43
-96.43

Capital Structure

FRC

in mil. unless spec.
Dec'07
Mar'08
Jun'08
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Dec'07
Mar'08
Jun'08
Total Current Assets
4
4
3
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
3
3
2
Inventories
2
2
1
Total Current Liabilities
2
2
2
Payables & Accruals
1
2
1
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
35%
-137.01%
-85.89%
Net Income, GAAP
32.23%
86.01%
1.79%
Sales/Revenue/Turnover
-6.79%
-7.76%
-17.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
6
6
6
5
24
2007
5
5
5
4
20
2008
4
4
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
-1.73
-1.41
-1.96
- -
-6.85
2007
-2.63
-3.09
-0.51
- -
-6.97
2008
-0.81
-1.49
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
- -
- -
- -
- -
- -
2007
- -
- -
- -
- -
- -
2008
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
F. Kent Greer
Full Time Employees
157
Sector
Communication Services
Industry
Telecommunications Services
Address
725 11th Avenue Boulevard SE Hickory NC United States of America 28601
IPO Date
Mar 18, 1980
Business
Fortran Corporation (FRTN) is a public investment holding and advisory company that, through its subsidiaries, operates as a telecommunications system integrator dedicated to designing, implementing, and maintaining complex network solutions focused on cloud communications, AI-driven services, and advanced data infrastructure primarily for business and government clients in the southeastern United States. The company offers a comprehensive suite of products and services including engineering and design; network installation and service; remote monitoring; on-site technical support; VOIP and SIP trunking solutions; data networking design; fiber and structured cabling; high-speed internet; camera surveillance systems; voice/data/television cabling; paging and access control systems; security solutions with facial recognition technology; and NEC core products complemented by sales, service, and 24/7 maintenance contracts. Its subsidiaries--B & L Telephone, LLC and M & B Communications, LLC serving North Carolina clients; Fortran Communications, Inc. targeting South Carolina; Comconexx, LLC in Florida; and Intech Systems of South Carolina, Inc.--extend operations across North Carolina, South Carolina, and Florida with headquarters in Hickory, North Carolina, where the company was founded in 1948. In recent developments, Fortran Corporation completed the acquisitions of M & B Communications, LLC and Comconexx, LLC to bolster its telecommunications capabilities and market presence in North and South Carolina as well as Florida, while securing a $691,109 structured cabling and audio-visual contract for a Florida high school through Comconexx; the company also signed a letter of intent in late 2024 to acquire Intech Systems of South Carolina, Inc., specializing in hospitality telecommunications, with expected completion in the first quarter of 2025 to expand revenue in South Carolina and adjacent regions. These strategic moves align with Fortran's focus on consolidating telecom, managed services, and cabling businesses to enhance geographic footprint, service diversification, and financial performance, as evidenced by third-quarter 2025 earnings announcements reflecting ongoing growth.

Company News

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