Filing Flows › Creative Media & Community Trust (CMCT) › Q4 2024
Creative Media & Community Trust (CMCT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 7, 2025
Creative Media & Community Trust (CMCT) reported revenue of $27.5M for the fourth quarter 2024 (Q4 2024), -7% from a year earlier and -4% from the quarter before. Operating margin was -35.8%, net loss $10.4M (37.9% of revenue).
Creative Media & Community Trust, Q4 2024: revenue $27.5M (-7% year over year), operating margin -35.8%, net loss $10.4M, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.5M | -4% | -7% |
| Operating profit | −$9.8M | — | — |
| Net earnings | −$10.4M | — | — |
| Operating cash flow | $1.1M | -89% | — |
What changed
Revenue was $27.5M in Q4 2024, down 7% year over year and down 4% from the previous quarter.
Operating costs exceeded revenue by $9.8M, an operating margin of -35.8%. Total costs grew 2% against a revenue fall of 7%. The quarter ended with a net loss of $10.4M, narrower than the previous quarter's $10.6M loss. Minority interests bore $152K of it: to shareholders the quarter was a loss of $10.3M.
Operating cash flow was $1.1M. Non-cash charges added back $8.1M of depreciation and amortization and $55K of share-based compensation. Working capital and other items added $3.4M. Capital expenditures of $10.5M exceeded it, leaving free cash flow of −$9.3M.
Questions
What was Creative Media & Community Trust's revenue in the fourth quarter 2024?
Creative Media & Community Trust (CMCT) reported revenue of $27.5M for the fourth quarter 2024 (Q4 2024), -7% from a year earlier and -4% from the quarter before.
Was Creative Media & Community Trust profitable in the fourth quarter 2024?
Operating loss was $9.8M (-35.8% of revenue) and net loss $10.4M.