Capital Financial Holdings, Inc. reported earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported revenues of $3,715,984, a 25% decrease from revenues of $4,986,360 for the fourth quarter of 2010. The company reported a net loss of $65,082 or $0.01 per diluted share compared to a net loss of $778,792 or $0.05 per diluted share for the fourth quarter of 2010. For the year, the company reported revenues were $17,990,474, a 7% decrease from revenues of $19,391,807 for the year ended December 31, 2010. The net income was $57,652 or $0.00 per diluted share compared to a net loss of $994,782 or $0.07 per diluted share for the year ended December 31, 2010. The increase in earnings was due primarily to a gain recorded, in the second quarter of 2011, resulting from a prepayment of the outstanding convertible promissory note.