0.05
0.00%
Close of 9 Nov 2026, in USD
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About Fortran
Its shares trade under the ticker FRTN. It has been listed since 18 March 1980. In the fiscal year to 31 December 2025, it reported revenue of $1.6m and net income of $292,000. At that date it held total assets of $1.1m and shareholders' equity of −$2.2m.
Fortran Corp. (North Carolina) engages in the design, sourcing, implementation, and maintenance of complex telecommunications solutions. The company is headquartered in Conover, North Carolina. The firm is primarily engaged in the telecom sales and services business. The company is also engaged in designing, sourcing, implementing and maintaining complex communications solutions and the installation, service and repair of cooling towers across the United States. The firm operates through two segments: Telecom Service and Cooling Tower Service. The Telecom Service Segment through its Telecom-As-A-Service platform offers various services, including Manage Service Agreements (MSA's), Box Sales, Moves-Adds-Changes (MAC) and Data Cabling and In-building Wireless. Tower Performance, Inc. (TPI) is a national specialty contractor involved with the repair, maintenance, upgrade, inspection, construction, and sale of parts for all types of cooling towers, mechanical equipment parts, and maintenance for air coolers.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Communications Equipment
- Listed since
- 18 Mar 1980
- Employees
- 157
- Website
- fortrancorp.com ↗
Leadership
Pay as last reported
- Mr. Glenn WithersChairman of the Board, Chief Executive Officer, since 2018
- Mr. Dayne MillerChief Financial Officer, Director, since 2018
- William SingletonVice President - Manufacturing$113,334
- Pender McElroySecretary
- Michael SmithAssistant Secretary
- Mr. Brett BertolamiDirector
- William DunnDirector
- Robert HuntleyDirector
- Robert KingDirector
- Mr. Douglas MillerDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Fortran Corp has a long-standing reputation in the software development industry, with over 30 years of experience.
- The company has a highly skilled and experienced team of developers, who are adept at developing complex software solutions.
- Fortran Corp has built strong and trusted relationships with its clients, resulting in a loyal customer base.
Weaknesses
- Due to its focus on Fortran programming language, the company may face limitations in attracting clients who require other programming languages or technologies.
- As a smaller company, Fortran Corp may struggle to compete with larger software development firms that have more extensive resources and global reach.
- The company's lack of diversification in terms of services offered may limit its growth potential and ability to adapt to changing market demands.
Opportunities
- The increasing demand for legacy system modernization presents an opportunity for Fortran Corp to leverage its expertise in Fortran programming language to help clients upgrade their software systems.
- Expanding into emerging markets, particularly those with a high demand for specialized software applications, could provide new growth opportunities for the company.
- Collaborating with technology partners or acquiring smaller software development companies can help Fortran Corp broaden its service offerings and reach a wider customer base.
Threats
- Intense competition in the software development industry poses a threat to Fortran Corp's market share and profitability.
- The rapid pace of technological advancements may render Fortran programming language less relevant, thereby impacting the company's ability to attract new clients.
- Economic downturns or recessions can lead to reduced IT spending by businesses, potentially affecting Fortran Corp's revenue streams.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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