Filing Flows › Applied Energetics (AERG) › Q4 2024
Applied Energetics (AERG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 28, 2025
Applied Energetics (AERG) reported revenue of $764K for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and +2% from the quarter before. Operating margin was -278.5%, net loss $2.1M (278.5% of revenue).
Applied Energetics, Q4 2024: revenue $764K (-12% year over year), operating margin -278.5%, net loss $2.1M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $764K | +2% | -12% |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $764K in Q4 2024, down 12% year over year and up 2% from the previous quarter.
Gross margin was 59.1%, down 24.3 points from a year earlier. Operating costs exceeded revenue by $2.1M, an operating margin of -278.5%. Operating expenses grew 2% against a revenue fall of 12%. The fastest-growing cost line was Sales & marketing (+57%). The quarter ended with a net loss of $2.1M, narrower than the previous quarter's $2.4M loss.
Operating cash flow was −$1.4M. Non-cash charges added back $58K of depreciation and amortization and $913K of share-based compensation. Working capital and other items used $202K. Capital expenditures of $43K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Applied Energetics' revenue in the fourth quarter 2024?
Applied Energetics (AERG) reported revenue of $764K for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and +2% from the quarter before.
Was Applied Energetics profitable in the fourth quarter 2024?
Operating loss was $2.1M (-278.5% of revenue) and net loss $2.1M.
Source: Applied Energetics 10-K on SEC EDGAR.