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AI Financial (AIFC) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 28, 2025

AI Financial (AIFC) reported revenue of $5.4M for the fourth quarter 2024 (Q4 2024) and +10% from the quarter before. Operating margin was -29.9%, net loss $3.9M (71.3% of revenue).

Revenue$5.4M
Year over year—
Quarter over quarter+10%
Operating margin-29.9%
Net earnings−$3.9M

AI Financial, Q4 2024: revenue $5.4M, operating margin -29.9%, net loss $3.9M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$5.4M+10%—
Operating profit−$1.6M——
Net earnings−$3.9M——
Operating cash flow−$2.0M——

What changed

Revenue was $5.4M in Q4 2024, up 10% from the previous quarter.

Gross margin was 52.3%. Operating costs exceeded revenue by $1.6M, an operating margin of -29.9%. The quarter ended with a net loss of $3.9M, wider than the previous quarter's $822K loss.

Operating cash flow was −$2.0M. Non-cash charges added back $1.1M of depreciation and amortization and $150K of share-based compensation. Working capital and other items added $683K.

Questions

What was AI Financial's revenue in the fourth quarter 2024?

AI Financial (AIFC) reported revenue of $5.4M for the fourth quarter 2024 (Q4 2024) and +10% from the quarter before.

Was AI Financial profitable in the fourth quarter 2024?

Operating loss was $1.6M (-29.9% of revenue) and net loss $3.9M.

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Source: AI Financial 10-K on SEC EDGAR.