During the corresponding time, Capital Financial Holdings, Inc. saw a revenue deteriorated by -13.03 % year on year, sequentially revenue fell by -4.64 %. While revenue at the Capital Financial Holdings, Inc.'s corporate clients
Capital Financial Holdings's Comment on Sales, Marketing and Customers
Capital Financial Holdings, Inc. derives the majority of its revenues and net
income from sales of mutual funds, insurance products, and various other securities
through CFS, the Company’s broker-dealer subsidiary. The company’s
revenues are largely dependent on the sales activity of registered representatives
operating as independent contractors. Accordingly, fluctuations in financial markets
and the composition of assets under management impact revenues and results of
operations.