Pacific Health Care Organization, Inc. Reports its 2023 Year-End Financial Results [Yahoo! Finance]
PACIFIC HLTH CRE ORGZ INC (PFHO)
NASDAQ:AMEX Investor Relations:
pachealthholdings.com/vi/investor-relations
Company Research
Source: Yahoo! Finance
filed with the Securities and Exchange Commission (the “Commission”) its annual report on Form 10-K announcing its financial results for the fiscal year ended December 31, 2023. Results The Company reported total revenues of $5,629,918 for the year ended December 31, 2023 ("fiscal 2023”), compared to $5,744,957 for the year ended December 31, 2022 ("fiscal 2022”). The Company reported net income of $767,928 or $0.06 per basic and fully diluted common share for fiscal 2023, compared to net income of $492,886 or $0.04 per basic and fully diluted common share for fiscal 2022. Net cash provided by operating activities was $932,359 and $711,237 in fiscal 2023 and fiscal 2022, respectively, an increase of $221,122. Net cash provided by investing activities was $806,788 during fiscal 2023, while net cash used in investing activities was $8,760,177 during fiscal 2022. The increase in net cash provided by investing activities was due to the Company's investments in U.S. Treasury bills
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