Filing Flows › Cosmos Health (COSM) › Q4 2024
Cosmos Health (COSM) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Cosmos Health (COSM) reported revenue of $14.2M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and +15% from the quarter before. Operating margin was -63.0%, net loss $9.5M (67.1% of revenue).
Cosmos Health, Q4 2024: revenue $14.2M (-10% year over year), operating margin -63.0%, net loss $9.5M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.2M | +15% | -10% |
| Operating profit | −$9.0M | — | — |
| Net earnings | −$9.5M | — | — |
| Operating cash flow | −$3.8M | — | — |
What changed
Revenue was $14.2M in Q4 2024, down 10% year over year and up 15% from the previous quarter.
Gross margin was 7.1%, down 0.7 points from a year earlier. Operating costs exceeded revenue by $9.0M, an operating margin of -63.0%. Operating expenses fell 33% while revenue fell 10%. The fastest-growing cost line was Other operating costs (+44%). The quarter ended with a net loss of $9.5M, wider than the previous quarter's $2.2M loss.
Operating cash flow was −$3.8M. Non-cash charges added back $305K of depreciation and amortization and $587K of share-based compensation. Working capital and other items added $4.8M. Capital expenditures of $72K exceeded it, leaving free cash flow of −$3.9M.
Questions
What was Cosmos Health's revenue in the fourth quarter 2024?
Cosmos Health (COSM) reported revenue of $14.2M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and +15% from the quarter before.
Was Cosmos Health profitable in the fourth quarter 2024?
Operating loss was $9.0M (-63.0% of revenue) and net loss $9.5M.
Source: Cosmos Health 10-K on SEC EDGAR.