Filing Flows › AppTech Payments (APCX) › Q4 2024
AppTech Payments (APCX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
AppTech Payments (APCX) reported revenue of $52K for the fourth quarter 2024 (Q4 2024), -63% from a year earlier and +21% from the quarter before.
AppTech Payments, Q4 2024: revenue $52K (-63% year over year), net loss $949K, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52K | +21% | -63% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$949K | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $52K in Q4 2024, down 63% year over year and up 21% from the previous quarter.
Gross margin was 94.2%, up 14.1 points from a year earlier. Operating costs exceeded revenue by $1.8M, an operating margin of -3413.5%. Operating expenses fell 48% while revenue fell 63%. The quarter ended with a net loss of $949K, narrower than the previous quarter's $2.0M loss. Non-operating items added $826K, -87% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.5M. Non-cash charges added back $40K of share-based compensation. Working capital and other items used $1.6M.
Questions
What was AppTech Payments' revenue in the fourth quarter 2024?
AppTech Payments (APCX) reported revenue of $52K for the fourth quarter 2024 (Q4 2024), -63% from a year earlier and +21% from the quarter before.
Source: AppTech Payments 10-K on SEC EDGAR.