Filing Flows › CareView Communications (CRVW) › Q4 2024
CareView Communications (CRVW) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 1, 2025
CareView Communications (CRVW) reported revenue of $2.1M for the fourth quarter 2024 (Q4 2024), +21% from a year earlier and +11% from the quarter before. Operating margin was -15.9%, net loss $1.1M (51.4% of revenue).
CareView Communications, Q4 2024: revenue $2.1M (+21% year over year), operating margin -15.9%, net loss $1.1M, operating cash flow −$632K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1M | +11% | +21% |
| Operating profit | −$340K | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | −$632K | — | — |
What changed
Revenue was $2.1M in Q4 2024, up 21% year over year and up 11% from the previous quarter. Subscription Based Lease was the largest line at 51% of revenue.
Operating costs exceeded revenue by $340K, an operating margin of -15.9%. Total costs fell 9% while revenue rose 21%. The fastest-growing cost line was Sales & marketing (+33%). The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $1.5M loss. Net interest and other expense of $790K was the main reason.
Operating cash flow was −$632K. Non-cash charges added back $44K of depreciation and amortization. Working capital and other items added $425K. Capital expenditures of $10K exceeded it, leaving free cash flow of −$641K.
Questions
What was CareView Communications' revenue in the fourth quarter 2024?
CareView Communications (CRVW) reported revenue of $2.1M for the fourth quarter 2024 (Q4 2024), +21% from a year earlier and +11% from the quarter before.
Was CareView Communications profitable in the fourth quarter 2024?
Operating loss was $340K (-15.9% of revenue) and net loss $1.1M.