FONAR FY2024 net income +16% to $14.1M ($1.53 EPS); revenue $102.9M (+4%)

FONAR CORP

Total revenues $102.9M, up 4% YoY; income from operations $16.5M, up 12%.
Net income $14.1M ($1.53 diluted EPS), up 16%; weighted avg diluted shares 6.5M.
Cash and equivalents $56.5M, up 10%; working capital $122.5M; book value $24.78/share.
MRI scan volume at HMCA-managed sites rose 11% to 209,327; 42 scanners managed (43 with new high-field in Naples).

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