Filing Flows › Creatd (CRTD) › Q4 2021
Creatd (CRTD) Q4 2021 earnings results (fourth quarter 2021)
10-K filed Apr 6, 2022
Creatd (CRTD) reported revenue of $1.4M for the fourth quarter 2021 (Q4 2021), +715% from a year earlier and +19% from the quarter before. Operating margin was -863.2%, net loss $12.4M (885.0% of revenue).
Creatd, Q4 2021: revenue $1.4M (+715% year over year), operating margin -863.2%, net loss $12.4M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2021 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4M | +19% | +715% |
| Operating profit | −$12.1M | — | — |
| Net earnings | −$12.4M | — | — |
| Operating cash flow | −$4.9M | — | — |
What changed
Revenue was $1.4M in Q4 2021, up 715% year over year and up 19% from the previous quarter. CreatdPartnersMember was the largest line at 56% of revenue.
Gross margin was 18.9%. Operating costs exceeded revenue by $12.1M, an operating margin of -863.2%. The quarter ended with a net loss of $12.4M, wider than the previous quarter's $9.7M loss. Minority interests bore $146K of it: to shareholders the quarter was a loss of $12.3M.
Operating cash flow was −$4.9M. Non-cash charges added back $203K of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $3.3M. Capital expenditures of $30K exceeded it, leaving free cash flow of −$4.9M.
Questions
What was Creatd's revenue in the fourth quarter 2021?
Creatd (CRTD) reported revenue of $1.4M for the fourth quarter 2021 (Q4 2021), +715% from a year earlier and +19% from the quarter before.
Was Creatd profitable in the fourth quarter 2021?
Operating loss was $12.1M (-863.2% of revenue) and net loss $12.4M.
Source: Creatd 10-K on SEC EDGAR.