Filing Flows › AmpliTech Group (AMPG) › Q4 2024
AmpliTech Group (AMPG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
AmpliTech Group (AMPG) reported revenue of $1.9M for the fourth quarter 2024 (Q4 2024), -54% from a year earlier and -35% from the quarter before. Operating margin was -234.5%, net loss $3.8M (206.2% of revenue).
AmpliTech Group, Q4 2024: revenue $1.9M (-54% year over year), operating margin -234.5%, 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 | $1.9M | -35% | -54% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$3.8M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $1.9M in Q4 2024, down 54% year over year and down 35% from the previous quarter. Manufacturing and Engineering was the largest line at 56% of revenue.
Gross margin was 10.7%, down 39.4 points from a year earlier. Operating costs exceeded revenue by $4.3M, an operating margin of -234.5%. Operating expenses grew 79% against a revenue fall of 54%. The fastest-growing cost line was Research & development (+227%). The quarter ended with a net loss of $3.8M, wider than the previous quarter's $1.2M loss.
Operating cash flow was −$1.2M. Non-cash charges added back $150K of depreciation and amortization and $188K of share-based compensation. Working capital and other items added $2.3M. Capital expenditures of $16K exceeded it, leaving free cash flow of −$1.2M.
Questions
What was AmpliTech Group's revenue in the fourth quarter 2024?
AmpliTech Group (AMPG) reported revenue of $1.9M for the fourth quarter 2024 (Q4 2024), -54% from a year earlier and -35% from the quarter before.
Was AmpliTech Group profitable in the fourth quarter 2024?
Operating loss was $4.3M (-234.5% of revenue) and net loss $3.8M.
Source: AmpliTech Group 10-K on SEC EDGAR.