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Cannapharmarx (CPMD) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Apr 10, 2025

Cannapharmarx (CPMD) reported revenue of $482K for the fourth quarter 2024 (Q4 2024) and +54% from the quarter before. Operating margin was -316.9%, net loss $3.7M (775.9% of revenue).

Revenue$482K
Year over year—
Quarter over quarter+54%
Operating margin-316.9%
Net earnings−$3.7M

Cannapharmarx, Q4 2024: revenue $482K, operating margin -316.9%, net loss $3.7M, operating cash flow −$180K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$482K+54%—
Operating profit−$1.5M——
Net earnings−$3.7M——
Operating cash flow−$180K——

What changed

Revenue was $482K in Q4 2024, up 54% from the previous quarter.

Operating costs exceeded revenue by $1.5M, an operating margin of -316.9%. The quarter ended with a net loss of $3.7M, after a profit of $188K the previous quarter. Net interest and other expense of $2.2M was the main reason.

Operating cash flow was −$180K. Working capital and other items added $3.6M.

Questions

What was Cannapharmarx's revenue in the fourth quarter 2024?

Cannapharmarx (CPMD) reported revenue of $482K for the fourth quarter 2024 (Q4 2024) and +54% from the quarter before.

Was Cannapharmarx profitable in the fourth quarter 2024?

Operating loss was $1.5M (-316.9% of revenue) and net loss $3.7M.

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Source: Cannapharmarx 10-K on SEC EDGAR.