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Coya Therapeutics (COYA) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 18, 2025

Coya Therapeutics (COYA) reported revenue of $2K for the fourth quarter 2024 (Q4 2024), -100% from a year earlier.

Revenue$2K
Year over year-100%
Quarter over quarter—
Operating margin—
Net earnings−$2.9M

Coya Therapeutics, Q4 2024: revenue $2K (-100% year over year), net loss $2.9M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$2K—-100%
Operating profit−$4.1M——
Net earnings−$2.9M——
Operating cash flow−$2.4M——

What changed

Revenue was $2K in Q4 2024, down 100% year over year.

Operating costs exceeded revenue by $4.1M, an operating margin of -209031.5%. Total costs fell 3% while revenue fell 100%. The fastest-growing cost line was Research & development (+20%). The quarter ended with a net loss of $2.9M. Non-operating items added $1.2M, -40% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$2.4M. Non-cash charges added back $7K of depreciation and $791K of share-based compensation. Working capital and other items used $291K.

Questions

What was Coya Therapeutics' revenue in the fourth quarter 2024?

Coya Therapeutics (COYA) reported revenue of $2K for the fourth quarter 2024 (Q4 2024), -100% from a year earlier.

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Source: Coya Therapeutics 10-K on SEC EDGAR.