Here is a SUMMARY of FAMH FINANCIALS (unaudited) for the 6-MONTHS ending JUNE 30, 1997 (for anyone that doesn't have it):
PLEASE NOTE!!!! These are ONLY for the 6-MONTHS up through LAST JUNE 30, 1997. So it DOES NOT reflect the 3Q ending Sep 30.
Total Revenues.............. $4,155,593.78
Total Expenses............... $2,889,739.64
NET INCOME.........................................$1,265,854.14
ASSETS
Total Current Assets........... $1,634,784.26
Total Property & Equipment... $163,448.22
Total Other Assets.................... $98,425.44
TOTAL ASSETS...................................... $1,896,657.92
LIABILITIES
Total Current Liabilities.......... $423,506.87
Total Long-Term Liabilities........ $8,290.43
TOTAL LIABILITIES.................................. $431,797.30
STOCKHOLDERS EQUITY
Shares Issued & Outstanding...... 19,130,620
TOTAL STOCKHOLDERS EQUITY................. $1,464,860.62
TOTAL LIABILITIES & STOCKHOLDER EQUITY.......... $1,896,657.92
MY Observations:
NET INCOME of $1,265,854.14 divided by 19,130,620 Total Shares Outstanding = EPS of .066169 cents per share for JUST the 6-Month Period.
NET INCOME of $1,265,854.14 divided by $4,155,593.78 Total Revenue = PROFIT MARGIN of 30.46% (Looks Mighty GOOD to me!)
You can get a detailed copy of this by calling World Vision (the PR Firm) at 1-888-345-6060.
Best wishes,
Brad |
