KonaTel Reports Fiscal Year 2022 Results
KonaTel Reports Fiscal Year 2022 Results
Delivers 56% Increase in Revenue; Increases Investment in Customer Growth
收入增長了56％；增加了對客戶增長的投資
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.
德克薩斯州達拉斯/Accesswire/2023 年 4 月 17 日/ 語音和數據通信控股公司KonaTel, Inc. (OTCQB: KTEL) () 今天公佈了截至2022年12月31日的十二個月期間的財務業績。
Full Fiscal Year 2022 Financial Highlights
2022 財年完整財務摘要
- 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.
- 收入爲2,000萬美元，與截至2021年12月31日的年度相比增長56.0％，這是由於公司計劃在其移動服務領域進行擴張，向低收入消費者提供蜂窩和移動數據服務。
- 毛利爲500萬美元，與截至2021年12月31日的年度相比下降了12.9％，這反映了公司在移動服務領域積極獲取新客戶的持續前期投資。
- GAAP淨虧損爲300萬美元，攤薄每股虧損0.07美元，而截至2021年12月31日的年度GAAP淨收益爲62.3萬美元，攤薄每股虧損0.01美元。
- 非公認會計准則淨虧損爲180萬美元，攤薄每股虧損0.04美元，而截至2021年12月31日的年度非公認會計准則淨收益爲210萬美元，攤薄每股虧損0.05美元。
- 現金及現金等價物爲210萬美元，與2021年12月31日相比增長了120.4％。
Fourth Quarter 2022 Financial Highlights
2022 年第四季度財務摘要
- 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.
- 收入爲480萬美元，與去年第四季度相比增長22.4％。
- GAAP淨虧損爲84,000美元，攤薄每股虧損爲0.00美元，而去年第四季度的淨收益爲19.5萬美元，攤薄每股虧損0.00美元。
- 非公認會計准則淨收益爲23.7萬美元，攤薄每股收益爲0.01美元，而去年第四季度的非公認會計准則淨收益爲63.5萬美元，攤薄每股收益爲0.02美元。
Business Highlights 2022
2022 年業務亮點
- 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.
- 作爲公司追求增值市場以提高客戶忠誠度並減少營業額的目標的一部分，該公司的全資子公司英菲尼迪移動於2022年8月與Equiva Health建立了全國合作伙伴關係。Equiva Health是一家數字患者參與和健康關係管理提供商，協助醫院、療養院、保險公司和其他醫療保健組織提高平價連接計劃（ACP）的註冊人數。
- 該公司的全資子公司Apeiron Systems與向美國監獄提供通信服務的最大雲服務客戶之一簽訂了爲期三年的延期協議。該合同的最低價值爲720萬美元，與之前的協議相比增加了75％。
- 獲得315萬美元的資本融資，以加速公司移動服務業務的增長。
- 增加了分銷合作伙伴和渠道的數量，使公司的移動服務用戶羣增加了近三倍。
- 增加了新的設備和服務供應商，爲公司提供了更大的槓桿作用，以確保改善購買條款並改善其對營運資金的使用。
- 創建了總部位於美國的全國客戶服務中心和一項廣受歡迎的客戶保留獎勵計劃，以提高客戶滿意度和忠誠度，兩者都受到了極大的好評。
- 任命查克·格里芬爲KonaTel總裁兼首席運營官，傑森·韋爾奇被任命爲英菲尼迪移動總裁，託德·默瑟被任命爲KonaTel財務執行副總裁，從而擴大了管理團隊。
- 擴大了我們的生命線州許可（紐約）、ACP 州許可（阿拉斯加和夏威夷）以及公司的 FCC ETC 名稱下的州內覆蓋範圍，這提供了額外的報銷率並提高了公司 ETC 許可證的價值。
- 在第四季度將分銷轉移到利潤更高的市場，增加了每位用戶的平均收入（“ARPU”）。
- 第四季度錄得的淨營業收入爲30.1萬美元。
"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董事長兼首席執行官肖恩·麥克尤恩表示：“我們在2022年實現了2000萬美元的收入，比去年增長了56％，並投資了關鍵業務領域和合作夥伴關係，我們認爲這將進一步推動客戶增長和未來的盈利能力。”“與其他細分市場相反，我們的商業模式繼續爲投資者提供抵禦衰退阻力的強大防禦護城河，因爲在經濟狀況惡化的情況下，對政府補貼服務的需求通常會增加。”
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."
麥克尤恩繼續說：“我們仍然致力於增長，但更重要的是，以可控和可持續的速度實現長期增長。投資客戶獲取是我們發展業務的強大槓桿，通過使用階梯式的投資方式，我們能夠控制增長並有效管理我們的資本資源。這在我們第四季度的業績中非常明顯，因爲我們放緩了投資以實現正營業收入。”
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."
麥克尤恩閉幕說：“我們打算在2023年恢復積極增長，這與我們在2022年創建的擴張基礎設施（人員、配送和系統）相稱。我們專注於創造股東價值，加強我們的競爭地位，確定利基市場和戰略，以提高客戶忠誠度，例如我們與Equiva的合作伙伴關係，同時我們建立穩定、可擴展和盈利的企業。”
About KonaTel
關於 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提供各種零售和批發電信服務，包括由美國全國移動網絡支持的移動語音/文本/數據服務、手機號碼、短信/彩信服務、物聯網移動數據服務和一系列託管雲服務。KonaTel的子公司Apeiron Systems () 是一家全球雲通信服務提供商，採用動態 “即服務”（cpaas/ucaas/ccaas/PaaS）平臺。Apeiron 使用其國家雲網絡提供語音、消息、SD-WAN 和平臺服務。Apeiron 的所有服務都可以通過傳統接口和豐富的通信 API 進行訪問。KonaTel的另一家子公司Infiniti Mobile () 是聯邦通信委員會授權的全國無線ACP和Lifeline運營商，擁有聯邦通信委員會批准的無線生命線合規計劃，獲准向十個州的低收入美國家庭提供政府補貼的蜂窩服務。KonaTel總部位於德克薩斯州普萊諾。
Safe Harbor Statement
安全港聲明
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.
本新聞稿包含經修訂的1933年《證券法》第27A條和經修訂的1934年《證券交易法》第21E條所指的前瞻性陳述。前瞻性陳述不能保證未來的業績或業績，也不一定能準確表明實現此類業績或業績的時間或時間。前瞻性陳述基於發表聲明時可用的信息，涉及已知和未知的風險、不確定性和其他因素，這些因素可能導致我們的業績、活動水平、業績或成就與本新聞稿中前瞻性陳述所表達或暗示的信息存在重大差異。應根據KonaTel文件中包含的披露以及美國證券交易委員會EDGAR檔案中包含的此類文件中的 “前瞻性陳述” 來考慮本新聞稿，網址爲www.sec.gov。
Contacts
聯繫人
D. Sean McEwen
(214) 323-8410
inquiries@konatel.com
D. 肖恩·麥克尤恩
(214) 323-8410
inquiries@konatel.com
KonaTel, Inc.
Consolidated Balance Sheet
KonaTel, Inc.
合併資產負債表
| 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 | |||||||
資產 |
||||||||
流動資產 |
||||||||
現金和現金等價物 |
$ | 2,055,634 | $ | 932,785 | ||||
應收賬款，淨額 |
1,510,118 | 1,274,687 | ||||||
庫存，淨額 |
526,337 | 566839 | ||||||
預付費用 |
61,241 | 79,467 | ||||||
其他流動資產 |
164 | 164 | ||||||
流動資產總額 |
4153,494 | 2,853,942 | ||||||
財產和設備，淨額 |
36,536 | 48887 | ||||||
其他資產 |
||||||||
無形資產，淨值 |
1,187,937 | 807,775 | ||||||
其他資產 |
73,883 | 154,297 | ||||||
投資 |
- | 1萬個 | ||||||
其他資產總額 |
1,261,820 | 972,072 | ||||||
總資產 |
$ | 5,451,850 | $ | 3,874,901 | ||||
負債和股東權益 |
||||||||
流動負債 |
||||||||
應付賬款和應計費用 |
$ | 1,348,931 | $ | 930,449 | ||||
應付貸款，扣除貸款費用 |
3,070,947 | - | ||||||
使用權經營租賃義務——當前 |
118,382 | 50,672 | ||||||
流動負債總額 |
4,538,260 | 981,121 | ||||||
長期負債 |
||||||||
使用權經營租賃義務——長期 |
458,227 | 136,445 | ||||||
應付票據——長期 |
- | 15萬 | ||||||
長期負債總額 |
458,227 | 286,445 | ||||||
負債總額 |
4,996,487 | 1,267,566 | ||||||
承諾和意外情況 |
||||||||
股東權益 |
||||||||
普通股，面值0.001美元，已授權5,000,000股，已發行42,240,406股，截至2022年12月31日已發行和發行41,615,406股 |
42,240 | 41,615 | ||||||
額外實收資本 |
8,710,987 | 7,911,224 | ||||||
累計赤字 |
(8,297,864) | ) | (5,345,504 | ) | ||||
股東權益總額 |
455,363 | 2,607,335 | ||||||
負債和股東權益總額 |
$ | 5,451,850 | $ | 3,874,901 | ||||
KonaTel, Inc.
Consolidated Statement of Operations
KonaTel, Inc.
合併運營報表
| 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 | ||||||
運營費用 |
||||||||
工資和相關費用 |
4,974,989 | 2,702,495 | ||||||
操作和維護 |
8,129 | 1,887 | ||||||
壞賬 |
29,133 | 31,318 | ||||||
專業和其他費用 |
1,509,269 | 697,594 | ||||||
公用事業和設施 |
206,380 | 146,254 | ||||||
折舊和攤銷 |
12352 | 833,016 | ||||||
一般和行政 |
300,042 | 156,386 | ||||||
市場營銷和廣告 |
106,402 | 90,635 | ||||||
應用程序開發成本 |
146,400 | 266,191 | ||||||
稅收和保險 |
251,196 | 165,257 | ||||||
總運營費用 |
7,544,292 | 5,091,033 | ||||||
營業收入/（虧損） |
(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），淨額 |
1,356 | - | ||||||
其他收入和支出總額 |
(397,675) | ) | (15,361) | ) | ||||
淨收益（虧損） |
$ | (2,952,360 | ) | $ | 622,986 | |||
每股收益（虧損） |
||||||||
基本 |
$ | (0.07 | ) | $ | 0.02 | |||
稀釋 |
$ | (0.07 | ) | $ | 0.01 | |||
加權平均已發行股數 |
||||||||
基本 |
41,863,283 | 40,909,085 | ||||||
稀釋 |
41,863,283 | 42,891,011 | ||||||
SOURCE: KonaTel
來源： KonaTel