AI Is Exploding - But the World's Running Out of the Power to Fuel It
Every AI app and chatbot model runs on massive computing power - and we're already hitting a wall. One public company is stepping in early to keep AI's engine running. The best part? Most people haven't heard of it yet.
Financials
| Profit Margin | 7.32% |
| Operating Margin | 11.93 |
| Return on Assets | 0.04 |
| Return on Equity | 0.07 |
| Revenue | 101.6M |
| Earnings Per Share | 1.15 |
| Revenue Per Share | 16.04 |
| Gross Profit | 42,137,044 |
| Quarterly Revenue Growth | -0.02 |
General
| Name | Fonar Corp |
| Ticker | FONR |
| Exchange | NASDAQ |
| Sector | Healthcare |
| Industry | Diagnostics & Research |
| Currency | USD |
| Country | USA |
| Fiscal Year End | June |
| Full Time Employees | 520 |
About Fonar Corp
FONAR Corporation, together with its subsidiaries, engages in the designing, manufacturing, and selling magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, other medical conditions, and injuries in the United States. It operates in two segments, Medical Equipment, and Physician Management and Diagnostic Services. The company offers Upright MRI scanner, allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. It also provides non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with compliance matters, and development and implementation of practice growth and marketing strategies. In addition, the company owns and operates diagnostic imaging facilities. The company markets its scanners to private diagnostic imaging centers and hospital outpatient imaging facilities. FONAR Corporation was founded in 1978 and is based in Melville, New York.
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