Filing Flows › Big Sky Industrial (BSIN) › Q4 2024
Big Sky Industrial (BSIN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 13, 2025
Big Sky Industrial (BSIN) reported revenue of $4.2M for the fourth quarter 2024 (Q4 2024), -42% from a year earlier and -15% from the quarter before. Operating margin was -278.9%, net loss $11.9M (281.1% of revenue).
Big Sky Industrial, Q4 2024: revenue $4.2M (-42% year over year), operating margin -278.9%, net loss $11.9M, operating cash flow $1.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.2M | -15% | -42% |
| Operating profit | −$11.8M | — | — |
| Net earnings | −$11.9M | — | — |
| Operating cash flow | $1.7M | -34% | -32% |
| Free cash flow | $1.5M | -28% | -25% |
What changed
Revenue was $4.2M in Q4 2024, down 42% year over year and down 15% from the previous quarter. Oil Sales was the largest line at 85% of revenue.
Operating costs exceeded revenue by $11.8M, an operating margin of -278.9%. Total costs fell 46% while revenue fell 42%. The quarter ended with a net loss of $11.9M, wider than the previous quarter's $2.2M loss.
Operating cash flow was $1.7M (down 32% year over year). Non-cash charges added back $1.9M of depreciation and amortization and $318K of share-based compensation. Working capital and other items added $11.4M. Capital expenditures of $210K left free cash flow of $1.5M.
Questions
What was Big Sky Industrial's revenue in the fourth quarter 2024?
Big Sky Industrial (BSIN) reported revenue of $4.2M for the fourth quarter 2024 (Q4 2024), -42% from a year earlier and -15% from the quarter before.
Was Big Sky Industrial profitable in the fourth quarter 2024?
Operating loss was $11.8M (-278.9% of revenue) and net loss $11.9M.
Source: Big Sky Industrial 10-K on SEC EDGAR.