Filing Flows › Creatd (CRTD) › Q4 2022
Creatd (CRTD) Q4 2022 earnings results (fourth quarter 2022)
10-K filed Apr 19, 2023
Creatd (CRTD) reported revenue of $799K for the fourth quarter 2022 (Q4 2022), -43% from a year earlier and -22% from the quarter before.
Creatd, Q4 2022: revenue $799K (-43% year over year), net loss $10.6M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2022 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $799K | -22% | -43% |
| Operating profit | −$8.1M | — | — |
| Net earnings | −$10.6M | — | — |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $799K in Q4 2022, down 43% year over year and down 22% from the previous quarter. Creatd Labs was the largest line at 60% of revenue.
Operating costs exceeded revenue by $8.1M, an operating margin of -1007.7%. The quarter ended with a net loss of $10.6M, wider than the previous quarter's $9.5M loss. Minority interests bore $2.1M of it: to shareholders the quarter was a loss of $8.5M.
Operating cash flow was −$2.9M. Non-cash charges added back $144K of depreciation and amortization and $335K of share-based compensation. Working capital and other items added $7.1M. Capital expenditures of −$2K exceeded it, leaving free cash flow of −$2.9M.
Questions
What was Creatd's revenue in the fourth quarter 2022?
Creatd (CRTD) reported revenue of $799K for the fourth quarter 2022 (Q4 2022), -43% from a year earlier and -22% from the quarter before.
Source: Creatd 10-K on SEC EDGAR.