FONAR reports FY2025 net income down 24% to $10.7M, EPS $1.23

FONAR CORP

Revenue +1% to $104.4M; net income -24% to $10.7M; diluted EPS $1.23 vs $1.53.
Operating income fell 30% to $11.6M; SG&A up 11% due to $2.3M reserve for insurer risk.
HMCA scan volume record 216,317 scans (+3.3%); two MRI scanners added, total 44.
Share repurchases suspended pending potential take-private announced July 18, 2025.
Operating cash flow decreased to $11.3M from $14.1M.

item 2.02

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