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FullNet Communications, Inc. (FULO) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

$0.35 $0.00 (0.00%) |CouncilBullish Lean · 56 · B
MCap: $6.89M| P/E Ratio: 11.86| Vol: 100|

P/E 11.86 means the share price is 11.86 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $6.89M is the value of all shares combined.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gpt-4o-mini, generated Jun 14, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

FullNet Communications, Inc. (FULO) trades at $0.35. FullNet Communications, Inc. (FULO) is a telecommunications services provider based in Oklahoma City, offering a range of integrated communication solutions. Market cap: $6.89M, Sector: Communication services.

Price as of Sep 11, 2026 · Last analyzed: Jun 14, 2026
FullNet Communications, Inc. (FULO) is a telecommunications services provider based in Oklahoma City, offering a range of integrated communication solutions. The company caters to various sectors including businesses, educational institutions, and governmental agencies.

Analyst Coverage for FULO: FULO does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FULO against Communication Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the FULO film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

Council Score · Weighted Average of 3 Disciplines
Bullish Lean 56/100 · B

FULO: 1/2 scored disciplines lean bullish. Dominant signal: Seth Klarman bearish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Englander-style lens (simulated)Izzy Englander
Unfavorable read
Klarman-style lens (simulated)Seth Klarman
Unfavorable read
Moon AI lens (model)
Favorable read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Moderate
Margin of Safety
Undervalued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

FullNet Communications, Inc. (FULO) Media & Communications Profile

CEORoger Baresel
Employees15
HeadquartersOklahoma City, United States
IPO Year2000

FullNet Communications, Inc. specializes in integrated communication services, including mass notification and colocation, serving diverse sectors such as education and government, with a commitment to high-quality service and robust technology solutions.

Data Provenance | Financial Data Quantitative Analysis Analysis: Jun 14, 2026

What Is the Investment Thesis for FULO?

AI-written as of Jun 14, 2026 — figures and tone reflect the data available then, not today's score.

FullNet Communications, Inc. presents a unique investment thesis characterized by its strong profit margins and growth potential in the telecommunications sector. With a profit margin of 14.5% and a gross margin of 71.8%, the company demonstrates operational efficiency that exceeds many industry peers. The market cap of $6.89M and a P/E ratio of 11.86 suggest that the stock may be undervalued relative to its earnings potential. FullNet's diverse service offerings, including mass notification and colocation services, position it well to benefit from the increasing reliance on digital communication solutions. As businesses and institutions seek reliable communication infrastructure, FullNet's established reputation and tailored services could drive revenue growth in the coming years. However, potential risks such as competition from larger telecommunications firms and market volatility must be considered when evaluating the company's long-term prospects.

Based on FMP financials and quantitative analysis

FULO Key Highlights

AI-written as of Jun 14, 2026 — figures and tone reflect the data available then, not today's score.

Market Cap of $6.89M indicates a small but potentially undervalued company.

  • P/E ratio of 11.86 suggests a favorable valuation compared to industry averages.
  • Profit margin of 14.5% reflects strong operational efficiency.
  • Gross margin of 71.8% exceeds typical margins in the telecommunications sector.
  • Dividend yield of 11.20% provides attractive income potential for investors.

Who Are FULO's Competitors?

FULO is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
T AT&T Inc. $25.56 +1.61% $175B 645-pillar
VZ Verizon Communications Inc. $49.97 +0.46% $209B 595-pillar
TMUS T-Mobile US, Inc. $177.16 -0.10% $190B 645-pillar
IQST iQSTEL Inc. $0.97 +7.44% $9.34M 345-pillar
FNGR FingerMotion, Inc. $0.19 +4.03% $11.4M
PCLA PicoCELA Inc. $13.90 +43.00% $12.7M
ELWT Elauwit Connection, Inc. $7.18 +0.44% $47.5M
GLIBA GCI Liberty, Inc. $26.10 +0.89% $95.3M

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are FULO's Key Strengths?

Strong profit margins and operational efficiency.

  • Diverse range of integrated communication services.
  • Established presence in the telecommunications market.

What Are FULO's Weaknesses?

Limited workforce may restrict growth potential.

  • Small market cap limits access to capital for expansion.
  • Dependence on a few key service offerings.

What Could Drive FULO Stock Higher?

Expansion of mass notification services targeting educational institutions.

  • Growth in demand for colocation services as businesses seek optimized IT solutions.
  • Increasing adoption of web hosting services due to the rise of online businesses.
  • Launch of new customized help desk outsourcing solutions to attract SMB clients.
  • Continuous enhancement of voice and data solutions to meet evolving customer needs.

What Are the Key Risks for FULO?

Financial-distress signal — its Altman Z-Score of 1.01 sits in the distress zone (elevated bankruptcy risk).

  • Increased competition from larger telecommunications providers.
  • Market volatility impacting demand for integrated communication services.
  • Rapid technological changes requiring constant adaptation to maintain competitiveness.
  • Dependence on a limited number of key service offerings may pose risks.

What Are the Growth Opportunities for FULO?

  • Expansion of Mass Notification Services: The demand for mass notification services is on the rise, particularly in educational institutions and governmental agencies. This segment is projected to grow significantly, driven by the need for effective communication during emergencies. FullNet can leverage its existing capabilities to expand its service offerings, targeting a market that is estimated to reach $5 billion by 2027, providing a substantial growth opportunity.
  • Increased Demand for Colocation Services: As businesses increasingly seek to optimize their IT infrastructure, the colocation market is expected to expand. FullNet's carrier-neutral colocation services position it well to attract clients looking for reliable and scalable solutions. The global colocation market is projected to grow at a CAGR of 12% through 2025, presenting FullNet with opportunities to enhance its revenue streams.
  • Growth in Web Hosting Services: The web hosting industry is experiencing robust growth, driven by the increasing number of websites and online businesses. FullNet's web hosting services could see increased demand as more companies transition to digital platforms. The global web hosting market is expected to reach $200 billion by 2026, providing FullNet with a significant opportunity to expand its customer base.
  • Customized Help Desk Outsourcing: With the rise of remote work, companies are increasingly outsourcing their help desk functions. FullNet's customized live help desk outsourcing services can cater to this growing market, which is projected to grow by 8% annually. By enhancing its marketing efforts, FullNet can capture a larger share of this lucrative segment.
  • Voice and Data Solutions for SMBs: Small and medium-sized businesses (SMBs) are increasingly investing in voice and data solutions to enhance communication and collaboration. FullNet can target this segment by offering tailored solutions that meet their specific needs. The SMB telecommunications market is projected to grow by 10% annually, providing FullNet with a solid growth avenue.

What Are FULO's Competitive Advantages?

  • Established reputation in the telecommunications sector.
  • Diverse service offerings that cater to various customer segments.
  • Strong profit margins that indicate operational efficiency.
  • Personalized service due to a small workforce, enhancing customer satisfaction.

What Does FULO Do?

FullNet Communications, Inc. was founded in 1995 and is headquartered in Oklahoma City, Oklahoma. Originally known as CEN-COM of Oklahoma, Inc., the company rebranded to FullNet Communications in December 1995. Over the years, FullNet has evolved into a comprehensive provider of integrated communications services, catering to a wide array of clients, including individuals, businesses, organizations, educational institutions, and governmental agencies across the United States. The company offers a diverse portfolio of services, including mass notification systems utilizing text messages and automated telephone calls, carrier-neutral equipment colocation services, internet access, web hosting, and customized live help desk outsourcing services. FullNet's voice and data solutions are tailored to meet the specific needs of its clientele, ensuring reliable and efficient communication. With a small workforce of 15 employees, FullNet emphasizes personalized service and customer satisfaction, setting itself apart in the competitive telecommunications landscape. The company’s commitment to innovation and quality positions it favorably to capitalize on the growing demand for integrated communication solutions in an increasingly digital world.

What Products and Services Does FULO Offer?

  • Provide mass notification services using text messages and automated calls.
  • Offer carrier-neutral equipment colocation services.
  • Deliver internet access and web hosting solutions.
  • Provide customized live help desk outsourcing services.
  • Offer voice and data communication solutions.

How Does FULO Make Money?

  • Generate revenue through subscription and service fees for communication solutions.
  • Charge for colocation services based on space and power usage.
  • Offer tiered pricing for web hosting services based on bandwidth and storage.
  • Provide customized help desk services on a contract basis.

What Industry Does FULO Operate In?

The telecommunications services industry is experiencing significant growth, driven by increasing demand for integrated communication solutions across various sectors. The market is expected to expand as businesses and governmental agencies invest in advanced communication technologies to enhance operational efficiency and connectivity. FullNet Communications, Inc. operates within this dynamic environment, competing with larger firms while capitalizing on niche markets such as mass notification services and colocation. The industry's projected growth rate underscores the potential for companies like FullNet to capture market share and drive revenue through innovative service offerings.

Who Are FULO's Key Customers?

  • Individuals seeking reliable communication solutions.
  • Businesses requiring integrated communication services.
  • Educational institutions needing mass notification systems.
  • Governmental agencies looking for secure communication infrastructure.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Jun 14, 2026

Research confidence

Medium 45/100

Enough evidence to be useful, with gaps worth knowing about.

  • Scoring coverage unknown
  • Price is current
  • Latest filing 73 days ago
  • No analyst coverage

MoonshotScore History

Recorded daily since 2026-08-23 · 20 snapshots

2026-08-23 52
2026-08-27 52
2026-08-31 52
2026-09-04 52
2026-09-08 52
2026-09-11 52

What changed?

The score has stayed at 52.

Over the same 19 days the stock moved -7.9%.

Net buying

Insider Activity

The most recent 9 insider filings for FullNet Communications, Inc. break down as 6 sales and 3 purchases. On net that is roughly 83K shares acquired (about $833) — insiders putting money in tends to read as conviction.

F-Score 5/9

Financial Health

FullNet Communications, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.01 places it in the distress zone, a signal of elevated financial risk.

ROE 46%

Key Financial Metrics

Return on equity for FullNet Communications, Inc. stands at 45.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 20.1%, showing how much profit it generates from its asset base. FULO trades at a trailing price-to-earnings ratio of 11.86, below the Communication Services sector average of ~17.60x. Its free cash flow yield is 13.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.71 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 10.1%, the inverse of the P/E and a quick read on earnings relative to price.

FullNet Communications, Inc. (FULO) Valuation Context

Valued at $6.89M, FULO is classified as a micro-cap stock.

FULO Revenue & Earnings Trend

In Q2 FY2026, FULO generated $1.4M in top-line revenue, marking a sequential decrease of 0.4%. The company recorded net income of $218K, with diluted EPS of $0.01. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Communication Services. Across the four most recent quarters, FULO averaged $0.01 in diluted EPS.

Company Profile

FullNet Communications, Inc. operates in the Telecom Services industry within the Communication Services sector. It is headquartered in Oklahoma City, United States.

FULO Financials

Fundamental Snapshot

Revenue Growth (FY)
+11.4%
Net Income Growth (FY)
+34.7%
EPS Growth (FY)
+39.9%
Free Cash Flow Growth (FY)
+43.6%
P/E (TTM)
11.86
Return on Equity (TTM)
+45.9%
Current Ratio
1.7
EV/EBITDA (TTM)
5.1

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Strong profit margins and operational efficiency.
  • Diverse range of integrated communication services.
  • Established presence in the telecommunications market.
  • Upcoming: Expansion of mass notification services targeting educational institutions.

Bear Case

  • Limited workforce may restrict growth potential.
  • Small market cap limits access to capital for expansion.
  • Dependence on a few key service offerings.
  • Potential: Increased competition from larger telecommunications providers.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · June 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q2 FY2026 $1M $217,671 $0.01
Q1 FY2026 $1M $173,396 $0.01
Q4 FY2025 $1M $76,468 $0.0024
Q3 FY2025 $1M $201,601 $0.01

Q2 FY2026 · filed 30 Jun 2026 · SEC EDGAR →

Based on FMP financials and quantitative analysis

FULO Latest News

No recent news available for FULO.

FULO Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for FULO.

Price Targets

Wall Street price target analysis for FULO.

FULO MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for FULO; grades run from A+ (80-100) to F (below 30).

Leadership: Roger Baresel

CEO

Roger Baresel has a wealth of experience in the telecommunications sector, having led FullNet Communications since its inception. With a focus on integrated communication solutions, he has driven the company's growth through strategic service expansions and customer engagement initiatives. His leadership style emphasizes innovation and responsiveness to market needs, positioning FullNet favorably within the competitive landscape.

Track Record: Under Roger Baresel's leadership, FullNet has successfully rebranded and expanded its service offerings, enhancing its market presence. His strategic decisions have led to improved operational efficiencies and increased customer satisfaction.

FULO OTC Market Information

The OTC Other tier includes companies that do not meet the requirements for higher tiers like OTCQX or OTCQB. These companies may have less stringent reporting requirements and lower trading volumes, which can impact liquidity and investor access.

  • OTC Tier: OTC Other
Liquidity: Trading on the OTC market can present challenges, including lower trading volumes and wider bid-ask spreads. This may make it more difficult for investors to execute trades at desired prices.
OTC Risk Factors:
  • Limited financial disclosures may hinder investor confidence.
  • Lower liquidity compared to stocks listed on major exchanges.
  • Potential for higher volatility due to smaller market capitalization.
Due Diligence Checklist:
  • Verify the company's financial health through available reports.
  • Assess the competitive landscape and market positioning.
  • Investigate management's track record and strategic vision.
  • Review customer feedback and service reliability.
  • Monitor industry trends and potential regulatory changes.
Legitimacy Signals:
  • Established company with a long history since 1995.
  • Diverse service offerings catering to various sectors.
  • Positive customer feedback indicating service reliability.

FULO Communication Services Stock FAQ

Is FULO a good stock?

Stock Expert AI does not rate FULO buy, sell or hold. FullNet Communications, Inc. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.

What are the main risks for FULO?

FullNet Communications, Inc. faces several risks, including intense competition from larger telecommunications companies that may impact market share. Additionally, the company operates in a volatile market where demand for services can fluctuate.

What are the key factors to evaluate for FULO?

Evaluate FULO on fundamentals, analyst consensus, and risk factors. P/E: 11.86x vs the S&P 500's ~20-25x. The market cap of $6.89M and a P/E ratio of 11.86 suggest that the stock may be undervalued relative to its earnings potential. Not financial advice.

How frequently does FULO data refresh on this page?

FULO's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 calculations are scheduled daily at 10:15 UTC; the score's own date shows its last successful run.

What has driven FULO's recent stock price performance?

FullNet Communications, Inc. (FULO) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong profit margins and operational efficiency. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider FULO overvalued or undervalued right now?

FullNet Communications, Inc. (FULO) trades at 11.86x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Can I buy fractional shares of FULO?

Yes, most major brokerages offer fractional shares of FullNet Communications, Inc. (FULO) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.

How can I track FULO's earnings and financial reports?

FullNet Communications, Inc. (FULO) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for FULO earnings announcements.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Limited financial disclosures may affect investor confidence.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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