Filing Flows › Beacon Financial (BBT) › Q4 2024
Beacon Financial (BBT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 3, 2025
Beacon Financial (BBT) reported revenue of $110M for the fourth quarter 2024 (Q4 2024), +38% from a year earlier and -12% from the quarter before. Operating margin was 24.1%, net earnings $19.7M (17.8% of revenue).
Beacon Financial, Q4 2024: revenue $110M (+38% year over year), operating margin 24.1%, net earnings $19.7M, operating cash flow $36.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $110M | -12% | +38% |
| Operating profit | $26.6M | -45% | — |
| Net earnings | $19.7M | -48% | — |
| Operating cash flow | $36.7M | -22% | -30% |
| Free cash flow | $33.2M | -29% | -35% |
What changed
Revenue was $110.2M in Q4 2024, up 38% year over year and down 12% from the previous quarter.
Operating profit was $26.6M, a 24.1% margin (up 31.6 points year over year). Total costs fell 3% while revenue rose 38%. Net earnings were $19.7M. The effective tax rate was 26.1%.
Operating cash flow was $36.7M (down 30% year over year), 187% of net earnings. Non-cash charges added back $2.2M of share-based compensation. Working capital and other items added $14.9M. Capital expenditures of $3.5M left free cash flow of $33.2M.
Questions
What was Beacon Financial's revenue in the fourth quarter 2024?
Beacon Financial (BBT) reported revenue of $110M for the fourth quarter 2024 (Q4 2024), +38% from a year earlier and -12% from the quarter before.
Was Beacon Financial profitable in the fourth quarter 2024?
Operating profit was $26.6M (24.1% of revenue) and net earnings $19.7M.
Source: Beacon Financial 10-K on SEC EDGAR.