KonaTel Reports Fiscal Year 2022 Results
KonaTel Reports Fiscal Year 2022 Results
Delivers 56% Increase in Revenue; Increases Investment in Customer Growth
收入增长了56％；增加了对客户增长的投资
DALLAS, TX / ACCESSWIRE / April 17, 2023 / KonaTel, Inc. (OTCQB:KTEL) (), a voice and data communications holding company, today announced financial results for the twelve-month period ended December 31, 2022.
德克萨斯州达拉斯/Accesswire/2023 年 4 月 17 日/ 语音和数据通信控股公司KonaTel, Inc. (OTCQB: KTEL) () 今天公布了截至2022年12月31日的十二个月期间的财务业绩。
Full Fiscal Year 2022 Financial Highlights
2022 财年完整财务摘要
- Revenues of $20.0 million, up 56.0% compared to the year ended December 31, 2021, due to the Company's planned expansion within its Mobile Services segment, distributing cellular and mobile data service to low-income consumers.
- Gross profit of $5.0 million, down 12.9% compared to the year ended December 31, 2021, reflecting the Company's continued up-front investment in aggressive new customer acquisition within its Mobile Services segment.
- GAAP net loss of $(3.0) million, or $(0.07) per diluted share, compared to GAAP net income of $623,000, or $0.01 per diluted share, in the year ended December 31, 2021.
- Non-GAAP net loss of $(1.8) million, or $(0.04) per diluted share, compared to non-GAAP net income of $2.1 million, or $0.05 per diluted share, in the year ended December 31, 2021.
- Cash and cash equivalents of $2.1 million, an increase of 120.4% compared to December 31, 2021.
- 收入为2,000万美元，与截至2021年12月31日的年度相比增长56.0％，这是由于公司计划在其移动服务领域进行扩张，向低收入消费者提供蜂窝和移动数据服务。
- 毛利为500万美元，与截至2021年12月31日的年度相比下降了12.9％，这反映了公司在移动服务领域积极获取新客户的持续前期投资。
- GAAP净亏损为300万美元，摊薄每股亏损0.07美元，而截至2021年12月31日的年度GAAP净收益为62.3万美元，摊薄每股亏损0.01美元。
- 非公认会计准则净亏损为180万美元，摊薄每股亏损0.04美元，而截至2021年12月31日的年度非公认会计准则净收益为210万美元，摊薄每股亏损0.05美元。
- 现金及现金等价物为210万美元，与2021年12月31日相比增长了120.4％。
Fourth Quarter 2022 Financial Highlights
2022 年第四季度财务摘要
- Revenue of $4.8 million, up 22.4% compared to the fourth quarter last year.
- GAAP net loss of $(84,000), or $(0.00) per diluted share, compared to net income of $195,000, or $0.00 per diluted share, in the fourth quarter last year.
- Non-GAAP net income of $237,000, or $0.01 per diluted share, compared to non-GAAP net income of $635,000, or $0.02 per diluted share, in the fourth quarter last year.
- 收入为480万美元，与去年第四季度相比增长22.4％。
- GAAP净亏损为84,000美元，摊薄每股亏损为0.00美元，而去年第四季度的净收益为19.5万美元，摊薄每股亏损0.00美元。
- 非公认会计准则净收益为23.7万美元，摊薄每股收益为0.01美元，而去年第四季度的非公认会计准则净收益为63.5万美元，摊薄每股收益为0.02美元。
Business Highlights 2022
2022 年业务亮点
- As part of the Company's goal to pursue value added markets that foster improved customer loyalty and reduced turnover, the Company's wholly owned subsidiary, Infiniti Mobile, entered into a national partnership with Equiva Health in August 2022, a digital patient engagement and health relationship management provider assisting hospitals, nursing homes, insurers and other healthcare organizations in advancing enrollment in the Affordable Connectivity Program (ACP).
- The Company's wholly owned subsidiary, Apeiron Systems, closed a three-year extended agreement with one of its largest cloud services customers providing communications services to U.S. prisons. The minimum value of the contract is $7.2 million over the term, which was a 75% increase compared to the previous agreement.
- Secured $3.15 million in capital financing to accelerate growth within the Company's mobile services business.
- Increased the number of distribution partners and channels and nearly tripled the Company's mobile service subscriber base.
- Added new equipment and service suppliers, providing the Company with increased leverage to secure improved purchase terms and improve its use of working capital.
- Created a US-based national customer service center and a popular customer retention rewards program to improve customer satisfaction and loyalty, both of which have been extremely well received.
- Expanded the management team with the appointments of Chuck Griffin as President/COO of KonaTel, Jason Welch as President of Infiniti Mobile and Todd Murcer as Executive Vice President of Finance for KonaTel.
- Expanded our Lifeline state licensing (New York), ACP state licensing (Alaska and Hawaii) and intrastate coverage under the Company's FCC ETC designation, which provides additive reimbursement rates and enhances the value of the Company's ETC license.
- Shifted distribution to higher profit markets in Q4, increasing Average Revenue Per User ("ARPU").
- Recorded net operating income of $301,000 in Q4.
- 作为公司追求增值市场以提高客户忠诚度并减少营业额的目标的一部分，该公司的全资子公司英菲尼迪移动于2022年8月与Equiva Health建立了全国合作伙伴关系。Equiva Health是一家数字患者参与和健康关系管理提供商，协助医院、疗养院、保险公司和其他医疗保健组织提高平价连接计划（ACP）的注册人数。
- 该公司的全资子公司Apeiron Systems与向美国监狱提供通信服务的最大云服务客户之一签订了为期三年的延期协议。该合同的最低价值为720万美元，与之前的协议相比增加了75％。
- 获得315万美元的资本融资，以加速公司移动服务业务的增长。
- 增加了分销合作伙伴和渠道的数量，使公司的移动服务用户群增加了近三倍。
- 增加了新的设备和服务供应商，为公司提供了更大的杠杆作用，以确保改善购买条款并改善其对营运资金的使用。
- 创建了总部位于美国的全国客户服务中心和一项广受欢迎的客户保留奖励计划，以提高客户满意度和忠诚度，两者都受到了极大的好评。
- 任命查克·格里芬为KonaTel总裁兼首席运营官，杰森·韦尔奇被任命为英菲尼迪移动总裁，托德·默瑟被任命为KonaTel财务执行副总裁，从而扩大了管理团队。
- 扩大了我们的生命线州许可（纽约）、ACP 州许可（阿拉斯加和夏威夷）以及公司的 FCC ETC 名称下的州内覆盖范围，这提供了额外的报销率并提高了公司 ETC 许可证的价值。
- 在第四季度将分销转移到利润更高的市场，增加了每位用户的平均收入（“ARPU”）。
- 第四季度录得的净营业收入为30.1万美元。
"We delivered $20 million in revenue in 2022, a 56% increase over last year and invested in key business areas and partnerships that we believe will further drive customer growth and future profitability," stated KonaTel Chairman and CEO Sean McEwen. "Contrary to other market segments, our business model continues to provide investors with a strong defensive moat against recessionary headwinds, as demand for our government subsidized services typically increases during worsening economic conditions."
KonaTel董事长兼首席执行官肖恩·麦克尤恩表示：“我们在2022年实现了2000万美元的收入，比去年增长了56％，并投资了关键业务领域和合作伙伴关系，我们认为这将进一步推动客户增长和未来的盈利能力。”“与其他细分市场相反，我们的商业模式继续为投资者提供抵御衰退阻力的强大防御护城河，因为在经济状况恶化的情况下，对政府补贴服务的需求通常会增加。”
McEwen continued, "We remain committed to growth, but more importantly, growth at a pace that is manageable and sustainable for the long-term. Investment in customer acquisition is a strong lever for growing our business and by using a stair-step approach to investing we are able to control growth and effectively manage our capital resources. This is highly evident in our fourth quarter results as we slowed investment to deliver positive operating income."
麦克尤恩继续说：“我们仍然致力于增长，但更重要的是，以可控和可持续的速度实现长期增长。投资客户获取是我们发展业务的强大杠杆，通过使用阶梯式的投资方式，我们能够控制增长并有效管理我们的资本资源。这在我们第四季度的业绩中非常明显，因为我们放缓了投资以实现正营业收入。”
McEwen closed, "We intend to resume aggressive growth in 2023, commensurate with the expanded infrastructure (personnel, distribution, and systems) we created in 2022. We are laser focused on creating shareholder value, strengthening our competitive position and identifying niche markets and strategies to promote customer loyalty, such as our partnership with Equiva, while we build a stable, scalable and profitable enterprise."
麦克尤恩闭幕说：“我们打算在2023年恢复积极增长，这与我们在2022年创建的扩张基础设施（人员、配送和系统）相称。我们专注于创造股东价值，加强我们的竞争地位，确定利基市场和战略，以提高客户忠诚度，例如我们与Equiva的合作伙伴关系，同时我们建立稳定、可扩展和盈利的企业。”
About KonaTel
关于 KonaTel
KonaTel provides a variety of retail and wholesale telecommunications services including mobile voice/text/data service supported by national U.S. mobile networks, mobile numbers, SMS/MMS services, IoT mobile data service, and a range of hosted cloud services. KonaTel's subsidiary, Apeiron Systems (), is a global cloud communications service provider employing a dynamic "as a service" (CPaaS/UCaaS/CCaaS/PaaS) platform. Apeiron provides voice, messaging, SD-WAN, and platform services using its national cloud network. All Apeiron's services can be accessed through legacy interfaces and rich communications APIs. KonaTel's other subsidiary, Infiniti Mobile (), is an FCC authorized national wireless ACP and Lifeline carrier with an FCC approved wireless Lifeline Compliance Plan, licensed to provide government subsidized cellular service to low-income American families across ten states. KonaTel is headquartered in Plano, Texas.
KonaTel提供各种零售和批发电信服务，包括由美国全国移动网络支持的移动语音/文本/数据服务、手机号码、短信/彩信服务、物联网移动数据服务和一系列托管云服务。KonaTel的子公司Apeiron Systems () 是一家全球云通信服务提供商，采用动态 “即服务”（cpaas/ucaas/ccaas/PaaS）平台。Apeiron 使用其国家云网络提供语音、消息、SD-WAN 和平台服务。Apeiron 的所有服务都可以通过传统接口和丰富的通信 API 进行访问。KonaTel的另一家子公司Infiniti Mobile () 是联邦通信委员会授权的全国无线ACP和Lifeline运营商，拥有联邦通信委员会批准的无线生命线合规计划，获准向十个州的低收入美国家庭提供政府补贴的蜂窝服务。KonaTel总部位于德克萨斯州普莱诺。
Safe Harbor Statement
安全港声明
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of the disclosures contained in the filings of KonaTel and its "forward-looking statements" in such filings that are contained in the EDGAR Archives of the SEC at www.sec.gov.
本新闻稿包含经修订的1933年《证券法》第27A条和经修订的1934年《证券交易法》第21E条所指的前瞻性陈述。前瞻性陈述不能保证未来的业绩或业绩，也不一定能准确表明实现此类业绩或业绩的时间或时间。前瞻性陈述基于发表声明时可用的信息，涉及已知和未知的风险、不确定性和其他因素，这些因素可能导致我们的业绩、活动水平、业绩或成就与本新闻稿中前瞻性陈述所表达或暗示的信息存在重大差异。应根据KonaTel文件中包含的披露以及美国证券交易委员会EDGAR档案中包含的此类文件中的 “前瞻性陈述” 来考虑本新闻稿，网址为www.sec.gov。
Contacts
联系人
D. Sean McEwen
(214) 323-8410
inquiries@konatel.com
D. 肖恩·麦克尤恩
(214) 323-8410
inquiries@konatel.com
KonaTel, Inc.
Consolidated Balance Sheet
KonaTel, Inc.
合并资产负债表
| Years Ended December 31, | ||||||||
| 2022 | 2021 | |||||||
Assets |
||||||||
Current Assets |
||||||||
Cash and Cash Equivalents |
$ | 2,055,634 | $ | 932,785 | ||||
Accounts Receivable, net |
1,510,118 | 1,274,687 | ||||||
Inventory, Net |
526,337 | 566,839 | ||||||
Prepaid Expenses |
61,241 | 79,467 | ||||||
Other Current Asset |
164 | 164 | ||||||
Total Current Assets |
4,153,494 | 2,853,942 | ||||||
Property and Equipment, Net |
36,536 | 48,887 | ||||||
Other Assets |
||||||||
Intangible Assets, Net |
1,187,937 | 807,775 | ||||||
Other Assets |
73,883 | 154,297 | ||||||
Investments |
- | 10,000 | ||||||
Total Other Assets |
1,261,820 | 972,072 | ||||||
Total Assets |
$ | 5,451,850 | $ | 3,874,901 | ||||
Liabilities and Stockholders' Equity |
||||||||
Current Liabilities |
||||||||
Accounts Payable and Accrued Expenses |
$ | 1,348,931 | $ | 930,449 | ||||
Loans Payable, net of loan fees |
3,070,947 | - | ||||||
Right of Use Operating Lease Obligation - current |
118,382 | 50,672 | ||||||
Total Current Liabilities |
4,538,260 | 981,121 | ||||||
Long Term Liabilities |
||||||||
Right of Use Operating Lease Obligation - long term |
458,227 | 136,445 | ||||||
Note Payable - long term |
- | 150,000 | ||||||
Total Long Term Liabilities |
458,227 | 286,445 | ||||||
Total Liabilities |
4,996,487 | 1,267,566 | ||||||
Commitments and contingencies |
||||||||
Stockholders' Equity |
||||||||
Common stock, $.001 par value, 50,000,000 shares authorized, 42,240,406 outstanding and issued at December 31, 2022 and 41,615,406 outstanding and issued at December 31, 2021 |
42,240 | 41,615 | ||||||
Additional Paid In Capital |
8,710,987 | 7,911,224 | ||||||
Accumulated Deficit |
(8,297,864 | ) | (5,345,504 | ) | ||||
Total Stockholders' Equity |
455,363 | 2,607,335 | ||||||
Total Liabilities and Stockholders' Equity |
$ | 5,451,850 | $ | 3,874,901 | ||||
| 截至12月31日的年份 | ||||||||
| 2022 | 2021 | |||||||
资产 |
||||||||
流动资产 |
||||||||
现金和现金等价物 |
$ | 2,055,634 | $ | 932,785 | ||||
应收账款，净额 |
1,510,118 | 1,274,687 | ||||||
库存，净额 |
526,337 | 566839 | ||||||
预付费用 |
61,241 | 79,467 | ||||||
其他流动资产 |
164 | 164 | ||||||
流动资产总额 |
4153,494 | 2,853,942 | ||||||
财产和设备，净额 |
36,536 | 48887 | ||||||
其他资产 |
||||||||
无形资产，净值 |
1,187,937 | 807,775 | ||||||
其他资产 |
73,883 | 154,297 | ||||||
投资 |
- | 1万个 | ||||||
其他资产总额 |
1,261,820 | 972,072 | ||||||
总资产 |
$ | 5,451,850 | $ | 3,874,901 | ||||
负债和股东权益 |
||||||||
流动负债 |
||||||||
应付账款和应计费用 |
$ | 1,348,931 | $ | 930,449 | ||||
应付贷款，扣除贷款费用 |
3,070,947 | - | ||||||
使用权经营租赁义务——当前 |
118,382 | 50,672 | ||||||
流动负债总额 |
4,538,260 | 981,121 | ||||||
长期负债 |
||||||||
使用权经营租赁义务——长期 |
458,227 | 136,445 | ||||||
应付票据——长期 |
- | 15万 | ||||||
长期负债总额 |
458,227 | 286,445 | ||||||
负债总额 |
4,996,487 | 1,267,566 | ||||||
承诺和意外情况 |
||||||||
股东权益 |
||||||||
普通股，面值0.001美元，已授权5,000,000股，已发行42,240,406股，截至2022年12月31日已发行和发行41,615,406股 |
42,240 | 41,615 | ||||||
额外实收资本 |
8,710,987 | 7,911,224 | ||||||
累计赤字 |
(8,297,864) | ) | (5,345,504 | ) | ||||
股东权益总额 |
455,363 | 2,607,335 | ||||||
负债和股东权益总额 |
$ | 5,451,850 | $ | 3,874,901 | ||||
KonaTel, Inc.
Consolidated Statement of Operations
KonaTel, Inc.
合并运营报表
| Years Ended December 31, | ||||||||
| 2022 | 2021 | |||||||
Revenue |
$ | 20,023,340 | $ | 12,834,844 | ||||
Cost of Revenue |
15,033,733 | 7,105,464 | ||||||
Gross Profit |
4,989,607 | 5,729,380 | ||||||
Operating Expenses |
||||||||
Payroll and Related Expenses |
4,974,989 | 2,702,495 | ||||||
Operating and Maintenance |
8,129 | 1,887 | ||||||
Bad Debt |
29,133 | 31,318 | ||||||
Professional and Other Expenses |
1,509,269 | 697,594 | ||||||
Utilities and Facilities |
206,380 | 146,254 | ||||||
Depreciation and Amortization |
12,352 | 833,016 | ||||||
General and Administrative |
300,042 | 156,386 | ||||||
Marketing and Advertising |
106,402 | 90,635 | ||||||
Application Development Costs |
146,400 | 266,191 | ||||||
Taxes and Insurance |
251,196 | 165,257 | ||||||
Total Operating Expenses |
7,544,292 | 5,091,033 | ||||||
Operating Income/(Loss) |
(2,554,685 | ) | 638,347 | |||||
Other Income and Expense |
||||||||
Interest Expense |
(399,031 | ) | (15,361 | ) | ||||
Other Income/(Expense), net |
1,356 | - | ||||||
Total Other Income and Expenses |
(397,675 | ) | (15,361 | ) | ||||
Net Income (Loss) |
$ | (2,952,360 | ) | $ | 622,986 | |||
Earnings (Loss) per Share |
||||||||
Basic |
$ | (0.07 | ) | $ | 0.02 | |||
Diluted |
$ | (0.07 | ) | $ | 0.01 | |||
Weighted Average Outstanding Shares |
||||||||
Basic |
41,863,283 | 40,909,085 | ||||||
Diluted |
41,863,283 | 42,891,011 | ||||||
| 截至12月31日的年份 | ||||||||
| 2022 | 2021 | |||||||
收入 |
$ | 20,023,340 | $ | 12,834,844 | ||||
收入成本 |
15,033,733 | 7,105,464 | ||||||
毛利 |
4,989,607 | 5,729,380 | ||||||
运营费用 |
||||||||
工资和相关费用 |
4,974,989 | 2,702,495 | ||||||
操作和维护 |
8,129 | 1,887 | ||||||
坏账 |
29,133 | 31,318 | ||||||
专业和其他费用 |
1,509,269 | 697,594 | ||||||
公用事业和设施 |
206,380 | 146,254 | ||||||
折旧和摊销 |
12352 | 833,016 | ||||||
一般和行政 |
300,042 | 156,386 | ||||||
市场营销和广告 |
106,402 | 90,635 | ||||||
应用程序开发成本 |
146,400 | 266,191 | ||||||
税收和保险 |
251,196 | 165,257 | ||||||
总运营费用 |
7,544,292 | 5,091,033 | ||||||
营业收入/（亏损） |
(2,554,685) | ) | 638347 | |||||
其他收入和支出 |
||||||||
利息支出 |
(399,031) | ) | (15,361) | ) | ||||
其他收入/（支出），净额 |
1,356 | - | ||||||
其他收入和支出总额 |
(397,675) | ) | (15,361) | ) | ||||
净收益（亏损） |
$ | (2,952,360 | ) | $ | 622,986 | |||
每股收益（亏损） |
||||||||
基本 |
$ | (0.07 | ) | $ | 0.02 | |||
稀释 |
$ | (0.07 | ) | $ | 0.01 | |||
加权平均已发行股数 |
||||||||
基本 |
41,863,283 | 40,909,085 | ||||||
稀释 |
41,863,283 | 42,891,011 | ||||||
SOURCE: KonaTel
来源： KonaTel