Filing Flows › Claritev (CTEV) › Q4 2024
Claritev (CTEV) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 26, 2025
Claritev (CTEV) reported revenue of $232M for the fourth quarter 2024 (Q4 2024), -5% from a year earlier and +0.7% from the quarter before. Operating margin was -17.8%, net loss $138M (59.4% of revenue).
Claritev, Q4 2024: revenue $232M (-5% year over year), operating margin -17.8%, net loss $138M, operating cash flow −$33.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $232M | +0.7% | -5% |
| Operating profit | −$41.4M | — | — |
| Net earnings | −$138M | — | — |
| Operating cash flow | −$33.4M | — | — |
What changed
Revenue was $232.1M in Q4 2024, down 5% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $41.4M, an operating margin of -17.8%. Total costs grew 35% against a revenue fall of 5%. The fastest-growing cost line was Other operating costs (+52%). The quarter ended with a net loss of $138.0M, narrower than the previous quarter's $391.4M loss. Net interest and other expense of $144.8M was the main reason.
Operating cash flow was −$33.4M. Non-cash charges added back $108.8M of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items used $11.1M. Capital expenditures of $30.4M exceeded it, leaving free cash flow of −$63.8M.
Questions
What was Claritev's revenue in the fourth quarter 2024?
Claritev (CTEV) reported revenue of $232M for the fourth quarter 2024 (Q4 2024), -5% from a year earlier and +0.7% from the quarter before.
Was Claritev profitable in the fourth quarter 2024?
Operating loss was $41.4M (-17.8% of revenue) and net loss $138M.
Source: Claritev 10-K on SEC EDGAR.