Filing Flows › BNB Plus (BNBX) › Q4 FY24
BNB Plus (BNBX) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 17, 2024
BNB Plus (BNBX) reported revenue of $813K for the fourth quarter fiscal 2024 (Q4 FY24), +4% from a year earlier and +2% from the quarter before. Operating margin was -398.3%, net loss $3.3M (407.5% of revenue).
BNB Plus, Q4 FY24: revenue $813K (+4% year over year), operating margin -398.3%, net loss $3.3M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $813K | +2% | +4% |
| Operating profit | −$3.2M | — | — |
| Net earnings | −$3.3M | — | — |
| Operating cash flow | −$3.2M | — | — |
What changed
Revenue was $813K in Q4 FY24, up 4% year over year and up 2% from the previous quarter.
Gross margin was 24.8%, up 14.7 points from a year earlier. Operating costs exceeded revenue by $3.2M, an operating margin of -398.3%. Operating expenses fell 19% while revenue rose 4%. The quarter ended with a net loss of $3.3M, after a profit of $1.8M the previous quarter. Minority interests bore $17K of it: to shareholders the quarter was a loss of $3.3M.
Operating cash flow was −$3.2M. Non-cash charges added back $77K of depreciation and amortization and $30K of share-based compensation. Capital expenditures of $371K exceeded it, leaving free cash flow of −$3.6M.
Questions
What was BNB Plus' revenue in the fourth quarter fiscal 2024?
BNB Plus (BNBX) reported revenue of $813K for the fourth quarter fiscal 2024 (Q4 FY24), +4% from a year earlier and +2% from the quarter before.
Was BNB Plus profitable in the fourth quarter fiscal 2024?
Operating loss was $3.2M (-398.3% of revenue) and net loss $3.3M.
Source: BNB Plus 10-K on SEC EDGAR.