FPCG
FPCG
Avem Health Partners, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2014 | $6.29M ▼ | $3.84M ▲ | $2.3M ▼ | 36.58% ▼ | $296.48 ▼ | $2.45M ▼ |
| Q2-2014 | $6.93M ▲ | $3.03M ▲ | $3.66M ▲ | 52.81% ▲ | $480 ▲ | $3.91M ▲ |
| Q1-2014 | $4.9M ▼ | $2.89M ▼ | $1.83M ▲ | 37.4% ▲ | $240 ▲ | $2.01M ▲ |
| Q4-2013 | $4.99M ▲ | $3.66M ▲ | $1.18M ▼ | 23.71% ▼ | $157.21 ▼ | $1.33M ▼ |
| Q3-2013 | $4.76M | $3.19M | $1.48M | 30.97% | $200 | $1.57M |
What's going well?
The company is still profitable, with a healthy profit margin and no major one-time charges. Interest costs are low and not a big drag on earnings.
What's concerning?
Sales are falling fast, expenses are rising, and profit margins are shrinking. Earnings per share are also being diluted due to a higher share count.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2014 | $1.89M ▼ | $41.94M ▼ | $36.97M ▼ | $4.97M ▲ |
| Q2-2014 | $4.11M ▲ | $42.32M ▲ | $39.85M ▼ | $2.47M ▲ |
| Q1-2014 | $282K ▼ | $38.71M ▲ | $39.99M ▼ | $-1.28M ▲ |
| Q4-2013 | $982K ▲ | $37.35M ▲ | $40.47M ▲ | $-3.12M ▲ |
| Q3-2013 | $188K | $35.59M | $39.9M | $-4.31M |
What's financially strong about this company?
The company improved its debt position and doubled its shareholder equity this quarter. Liquidity is strong, with current assets far exceeding current liabilities, and there are no risky intangible assets.
What are the financial risks or weaknesses?
Cash is running low, and the company has a long history of losses. Rising receivables may signal slower customer payments, and the business is living quarter-to-quarter.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2014 | $2.25M ▼ | $-26K ▼ | $0 | $-2.19M ▼ | $-2.22M ▼ | $-26K ▼ |
| Q2-2014 | $3.61M ▲ | $3.72M ▲ | $0 | $108K ▼ | $3.83M ▲ | $3.72M ▲ |
| Q1-2014 | $1.78M ▲ | $-1.06M ▼ | $0 | $358K ▲ | $-700K ▼ | $-1.06M ▼ |
| Q4-2013 | $1.13M ▼ | $876K ▲ | $0 | $-82K ▲ | $794K ▲ | $876K ▲ |
| Q3-2013 | $1.43M | $-809K | $0 | $-2.75M | $-3.56M | $-809K |
What's strong about this company's cash flow?
The company is paying down debt and not diluting shareholders. No cash is being spent on dividends or buybacks, so all resources are kept in the business.
What are the cash flow concerns?
Cash flow turned negative despite reported profits, and working capital is draining cash fast. The cash balance is falling quickly and could run out soon if trends continue.
About Avem Health Partners, Inc.
https://avemhealth.comAvem Health Partners, Inc. provides financial, technology, management, and capital solutions to hospitals in rural markets. Its services benefit residents and their physicians, as well as help to sustain and preserve the quality of healthcare services in these communities. The company was founded in 1980 and is headquartered in Oklahoma City, Oklahoma.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2014 | $6.29M ▼ | $3.84M ▲ | $2.3M ▼ | 36.58% ▼ | $296.48 ▼ | $2.45M ▼ |
| Q2-2014 | $6.93M ▲ | $3.03M ▲ | $3.66M ▲ | 52.81% ▲ | $480 ▲ | $3.91M ▲ |
| Q1-2014 | $4.9M ▼ | $2.89M ▼ | $1.83M ▲ | 37.4% ▲ | $240 ▲ | $2.01M ▲ |
| Q4-2013 | $4.99M ▲ | $3.66M ▲ | $1.18M ▼ | 23.71% ▼ | $157.21 ▼ | $1.33M ▼ |
| Q3-2013 | $4.76M | $3.19M | $1.48M | 30.97% | $200 | $1.57M |
What's going well?
The company is still profitable, with a healthy profit margin and no major one-time charges. Interest costs are low and not a big drag on earnings.
What's concerning?
Sales are falling fast, expenses are rising, and profit margins are shrinking. Earnings per share are also being diluted due to a higher share count.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2014 | $1.89M ▼ | $41.94M ▼ | $36.97M ▼ | $4.97M ▲ |
| Q2-2014 | $4.11M ▲ | $42.32M ▲ | $39.85M ▼ | $2.47M ▲ |
| Q1-2014 | $282K ▼ | $38.71M ▲ | $39.99M ▼ | $-1.28M ▲ |
| Q4-2013 | $982K ▲ | $37.35M ▲ | $40.47M ▲ | $-3.12M ▲ |
| Q3-2013 | $188K | $35.59M | $39.9M | $-4.31M |
What's financially strong about this company?
The company improved its debt position and doubled its shareholder equity this quarter. Liquidity is strong, with current assets far exceeding current liabilities, and there are no risky intangible assets.
What are the financial risks or weaknesses?
Cash is running low, and the company has a long history of losses. Rising receivables may signal slower customer payments, and the business is living quarter-to-quarter.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2014 | $2.25M ▼ | $-26K ▼ | $0 | $-2.19M ▼ | $-2.22M ▼ | $-26K ▼ |
| Q2-2014 | $3.61M ▲ | $3.72M ▲ | $0 | $108K ▼ | $3.83M ▲ | $3.72M ▲ |
| Q1-2014 | $1.78M ▲ | $-1.06M ▼ | $0 | $358K ▲ | $-700K ▼ | $-1.06M ▼ |
| Q4-2013 | $1.13M ▼ | $876K ▲ | $0 | $-82K ▲ | $794K ▲ | $876K ▲ |
| Q3-2013 | $1.43M | $-809K | $0 | $-2.75M | $-3.56M | $-809K |
What's strong about this company's cash flow?
The company is paying down debt and not diluting shareholders. No cash is being spent on dividends or buybacks, so all resources are kept in the business.
What are the cash flow concerns?
Cash flow turned negative despite reported profits, and working capital is draining cash fast. The cash balance is falling quickly and could run out soon if trends continue.
CEO
Guy Wilkerson Adams
Compensation Summary
(Year )
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2014-10-27 | Reverse | 1:2000 |
| 2002-11-22 | Reverse | 1:20 |