Filing Flows › AI Era (AERA) › Q4 FY24
AI Era (AERA) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Nov 26, 2024
AI Era (AERA) reported revenue of $1.4M for the fourth quarter fiscal 2024 (Q4 FY24), +288% from a year earlier and +103% from the quarter before. Operating margin was 61.3%, net earnings $861K (60.8% of revenue).
AI Era, Q4 FY24: revenue $1.4M (+288% year over year), operating margin 61.3%, net earnings $861K, operating cash flow $37K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4M | +103% | +288% |
| Operating profit | $868K | +541% | — |
| Net earnings | $861K | +547% | — |
| Operating cash flow | $37K | -77% | — |
What changed
Revenue was $1.4M in Q4 FY24, up 288% year over year and up 103% from the previous quarter. I P Segment was the largest line at 88% of revenue.
Operating profit was $868K, a 61.3% margin (up 238.3 points year over year). Total costs fell 46% while revenue rose 288%. Net earnings were $861K. The effective tax rate was 0.0%.
Operating cash flow was $37K, 4% of net earnings. Non-cash charges added back $220K of depreciation and amortization. Working capital and other items used $1.0M.
Questions
What was AI Era's revenue in the fourth quarter fiscal 2024?
AI Era (AERA) reported revenue of $1.4M for the fourth quarter fiscal 2024 (Q4 FY24), +288% from a year earlier and +103% from the quarter before.
Was AI Era profitable in the fourth quarter fiscal 2024?
Operating profit was $868K (61.3% of revenue) and net earnings $861K.
Source: AI Era 10-K on SEC EDGAR.