Filing Flows › Agape ATP (ATPC) › Q4 2024
Agape ATP (ATPC) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Agape ATP (ATPC) reported revenue of $360K for the fourth quarter 2024 (Q4 2024), -8% from a year earlier and +9% from the quarter before. Operating margin was -235.7%, net loss $827K (229.8% of revenue).
Agape ATP, Q4 2024: revenue $360K (-8% year over year), operating margin -235.7%, net loss $827K, operating cash flow −$645K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $360K | +9% | -8% |
| Operating profit | −$848K | — | — |
| Net earnings | −$827K | — | — |
| Operating cash flow | −$645K | — | — |
What changed
Revenue was $360K in Q4 2024, down 8% year over year and up 9% from the previous quarter. Product was the largest line at 87% of revenue.
Gross margin was 49.5%, down 15.3 points from a year earlier. Operating costs exceeded revenue by $848K, an operating margin of -235.7%. Operating expenses fell 19% while revenue fell 8%. The fastest-growing cost line was General & admin (+21%). The quarter ended with a net loss of $827K, wider than the previous quarter's $524K loss. Minority interests bore $18K of it: to shareholders the quarter was a loss of $808K.
Operating cash flow was −$645K. Non-cash charges added back $21K of depreciation and amortization. Working capital and other items added $160K. Capital expenditures of $1K exceeded it, leaving free cash flow of −$647K.
Questions
What was Agape ATP's revenue in the fourth quarter 2024?
Agape ATP (ATPC) reported revenue of $360K for the fourth quarter 2024 (Q4 2024), -8% from a year earlier and +9% from the quarter before.
Was Agape ATP profitable in the fourth quarter 2024?
Operating loss was $848K (-235.7% of revenue) and net loss $827K.
Source: Agape ATP 10-K on SEC EDGAR.