Filing Flows › Cleartronic (CLRI) › Q4 FY24
Cleartronic (CLRI) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Mar 21, 2025
Cleartronic (CLRI) reported revenue of $943K for the fourth quarter fiscal 2024 (Q4 FY24), +70% from a year earlier and -6% from the quarter before. Operating margin was -31.4%, net loss $338K (35.8% of revenue).
Cleartronic, Q4 FY24: revenue $943K (+70% year over year), operating margin -31.4%, net loss $338K, operating cash flow $16K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $943K | -6% | +70% |
| Operating profit | −$297K | — | — |
| Net earnings | −$338K | — | — |
| Operating cash flow | $16K | -85% | -88% |
What changed
Revenue was $943K in Q4 FY24, up 70% year over year and down 6% from the previous quarter.
Gross margin was 71.0%, down 8.9 points from a year earlier. Operating costs exceeded revenue by $297K, an operating margin of -31.4%. Operating expenses grew 98% against revenue growth of 70%. The fastest-growing cost line was Research & development (+11269%). The quarter ended with a net loss of $338K, after a profit of $85K the previous quarter. Minority interests bore $41K of it: to shareholders the quarter was a loss of $297K.
Operating cash flow was $16K (down 88% year over year). Non-cash charges added back $8K of depreciation and amortization. Working capital and other items added $346K.
Questions
What was Cleartronic's revenue in the fourth quarter fiscal 2024?
Cleartronic (CLRI) reported revenue of $943K for the fourth quarter fiscal 2024 (Q4 FY24), +70% from a year earlier and -6% from the quarter before.
Was Cleartronic profitable in the fourth quarter fiscal 2024?
Operating loss was $297K (-31.4% of revenue) and net loss $338K.
Source: Cleartronic 10-K on SEC EDGAR.