Filing Flows › Digital Brand Media & Marketing Group (DBMM) › Q4 FY24
Digital Brand Media & Marketing Group (DBMM) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Nov 29, 2024
Digital Brand Media & Marketing Group (DBMM) reported revenue of $29K for the fourth quarter fiscal 2024 (Q4 FY24), -67% from a year earlier and -31% from the quarter before. Operating margin was -472.8%.
Digital Brand Media & Marketing Group, Q4 FY24: revenue $29K (-67% year over year), operating margin -472.8%, net loss $344K, operating cash flow −$119K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29K | -31% | -67% |
| Operating profit | −$138K | — | — |
| Net earnings | −$344K | — | — |
| Operating cash flow | −$119K | — | — |
What changed
Revenue was $29K in Q4 FY24, down 67% year over year and down 31% from the previous quarter.
Gross margin was 22.1%, up 7.1 points from a year earlier. Operating costs exceeded revenue by $138K, an operating margin of -472.8%. Operating expenses grew 56% against a revenue fall of 67%. The quarter ended with a net loss of $344K, wider than the previous quarter's $116K loss. Net interest and other expense of $206K was the main reason.
Operating cash flow was −$119K. Working capital and other items added $224K.
Questions
What was Digital Brand Media & Marketing Group's revenue in the fourth quarter fiscal 2024?
Digital Brand Media & Marketing Group (DBMM) reported revenue of $29K for the fourth quarter fiscal 2024 (Q4 FY24), -67% from a year earlier and -31% from the quarter before.
Was Digital Brand Media & Marketing Group profitable in the fourth quarter fiscal 2024?
Operating loss was $138K (-472.8% of revenue) and net loss $344K.
Source: Digital Brand Media & Marketing Group 10-K on SEC EDGAR.