Filing Flows › Axe Compute (AGPU) › Q4 2024
Axe Compute (AGPU) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Axe Compute (AGPU) reported revenue of $612K for the fourth quarter 2024 (Q4 2024), +91% from a year earlier and +77% from the quarter before. Operating margin was -347.2%, net loss $2.2M (354.7% of revenue).
Axe Compute, Q4 2024: revenue $612K (+91% year over year), operating margin -347.2%, net loss $2.2M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $612K | +77% | +91% |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | −$2.1M | — | — |
What changed
Revenue was $612K in Q4 2024, up 91% year over year and up 77% from the previous quarter.
Operating costs exceeded revenue by $2.1M, an operating margin of -347.2%. The quarter ended with a net loss of $2.2M, narrower than the previous quarter's $3.1M loss.
Operating cash flow was −$2.1M. Non-cash charges added back $40K of depreciation and amortization and $0K of share-based compensation.
Questions
What was Axe Compute's revenue in the fourth quarter 2024?
Axe Compute (AGPU) reported revenue of $612K for the fourth quarter 2024 (Q4 2024), +91% from a year earlier and +77% from the quarter before.
Was Axe Compute profitable in the fourth quarter 2024?
Operating loss was $2.1M (-347.2% of revenue) and net loss $2.2M.
Source: Axe Compute 10-K on SEC EDGAR.