Filing Flows › Cirtran (CIRX) › Q4 2024
Cirtran (CIRX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Cirtran (CIRX) reported revenue of $221K for the fourth quarter 2024 (Q4 2024), +24% from a year earlier and -14% from the quarter before. Operating margin was -85.0%, net loss $813K (368.0% of revenue).
Cirtran, Q4 2024: revenue $221K (+24% year over year), operating margin -85.0%, net loss $813K, operating cash flow −$38K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $221K | -14% | +24% |
| Operating profit | −$188K | — | — |
| Net earnings | −$813K | — | — |
| Operating cash flow | −$38K | — | — |
What changed
Revenue was $221K in Q4 2024, up 24% year over year and down 14% from the previous quarter.
Gross margin was 99.3%, up 79.1 points from a year earlier. Operating costs exceeded revenue by $188K, an operating margin of -85.0%. The quarter ended with a net loss of $813K, narrower than the previous quarter's $900K loss. Net interest and other expense of $699K was the main reason.
Operating cash flow was −$38K. Non-cash charges added back $1K of depreciation. Working capital and other items added $774K.
Questions
What was Cirtran's revenue in the fourth quarter 2024?
Cirtran (CIRX) reported revenue of $221K for the fourth quarter 2024 (Q4 2024), +24% from a year earlier and -14% from the quarter before.
Was Cirtran profitable in the fourth quarter 2024?
Operating loss was $188K (-85.0% of revenue) and net loss $813K.
Source: Cirtran 10-K on SEC EDGAR.