Capital Financial Holdings, Inc. Announces Earnings Results for the Fourth Quarter and Year Ended December 31, 2014
The company reported, revenues for the year ended December 31, 2014 were $21,245,393, compared to revenues of $21,422,473 for the year ended December 31, 2013. The net loss for the year ended December 31, 2014 was $1,542,184, or $1,243 per diluted share, compared to a net income of $376,819, $276 per diluted share, for the year ended December 31, 2013. The decrease in revenues for the fourth quarter and year ended resulted from a decrease in the commission income received by the Company's broker-dealer division.