Filing Flows › Criteo S.A. (CRTO) › Q4 2024
Criteo S.A. (CRTO) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 28, 2025
Criteo S.A. (CRTO) reported revenue of $553M for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and +21% from the quarter before. Operating margin was 17.1%, net earnings $71.1M (12.9% of revenue).
Criteo S.A., Q4 2024: revenue $553M (-2% year over year), operating margin 17.1%, net earnings $71.1M, operating cash flow $169M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $553M | +21% | -2% |
| Gross profit | $301M | +30% | +9% |
| Operating profit | $94.5M | +884% | +7% |
| Net earnings | $71.1M | 11× | +17% |
| Operating cash flow | $169M | +195% | +5% |
What changed
Revenue was $553.0M in Q4 2024, down 2% year over year and up 21% from the previous quarter. Performance Media was the largest line at 83% of revenue.
Gross margin was 54.4%, up 5.6 points from a year earlier. Operating profit was $94.5M, a 17.1% margin (up 1.5 points year over year). Operating expenses grew 10% against a revenue fall of 2%. The fastest-growing cost line was Research & development (+40%). Net earnings were $71.1M, up 17% year over year. The effective tax rate was 25.5%.
Operating cash flow was $169.5M (up 5% year over year), 235% of net earnings. Non-cash charges added back $20.4M of share-based compensation. Working capital and other items added $76.8M.
Questions
What was Criteo S.A.'s revenue in the fourth quarter 2024?
Criteo S.A.
Was Criteo S.A. profitable in the fourth quarter 2024?
Operating profit was $94.5M (17.1% of revenue) and net earnings $71.1M.
Source: Criteo S.A. 10-K on SEC EDGAR.