Filing Flows › Firefly Neuroscience (AIFF) › Q4 2024
Firefly Neuroscience (AIFF) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 3, 2025
Firefly Neuroscience (AIFF) reported revenue of $53K for the fourth quarter 2024 (Q4 2024), +179% from a year earlier and +61% from the quarter before.
Firefly Neuroscience, Q4 2024: revenue $53K (+179% year over year), net loss $3.8M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $53K | +61% | +179% |
| Operating profit | −$3.4M | — | — |
| Net earnings | −$3.8M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $53K in Q4 2024, up 179% year over year and up 61% from the previous quarter. Rentals was the largest line at 75% of revenue.
Gross margin was 100.0%. Operating costs exceeded revenue by $3.4M, an operating margin of -6483.0%. The quarter ended with a net loss of $3.8M, narrower than the previous quarter's $4.3M loss.
Operating cash flow was −$1.2M. Non-cash charges added back $59K of depreciation and amortization and $161K of share-based compensation. Working capital and other items added $2.3M. Capital expenditures of $80K exceeded it, leaving free cash flow of −$1.3M.
Questions
What was Firefly Neuroscience's revenue in the fourth quarter 2024?
Firefly Neuroscience (AIFF) reported revenue of $53K for the fourth quarter 2024 (Q4 2024), +179% from a year earlier and +61% from the quarter before.