Filing Flows › DigitalBridge Group (DBRG) › Q4 2024
DigitalBridge Group (DBRG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 21, 2025
DigitalBridge Group (DBRG) reported revenue of $66.2M for the fourth quarter 2024 (Q4 2024), -81% from a year earlier and -13% from the quarter before. Operating margin was -3.0%, net loss $488K (0.7% of revenue).
DigitalBridge Group, Q4 2024: revenue $66.2M (-81% year over year), operating margin -3.0%, net loss $488K, operating cash flow $28.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $66.2M | -13% | -81% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$488K | — | — |
| Operating cash flow | $28.7M | -20% | -31% |
| Free cash flow | $28.4M | -21% | -32% |
What changed
Revenue was $66.2M in Q4 2024, down 81% year over year and down 13% from the previous quarter. Management Service was the largest line, $101.6M against total revenue of $66.2M (other lines net negative).
Operating costs exceeded revenue by $2.0M, an operating margin of -3.0%. Total costs fell 67% while revenue fell 81%. The fastest-growing cost line was General & admin (+36%). The quarter ended with a net loss of $488K, after a profit of $48.3M the previous quarter. Non-operating items added $2.3M, 711% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $28.7M (down 31% year over year). Non-cash charges added back $8.2M of depreciation and amortization. Working capital and other items added $21.0M. Capital expenditures of $283K left free cash flow of $28.4M.
Questions
What was DigitalBridge Group's revenue in the fourth quarter 2024?
DigitalBridge Group (DBRG) reported revenue of $66.2M for the fourth quarter 2024 (Q4 2024), -81% from a year earlier and -13% from the quarter before.
Was DigitalBridge Group profitable in the fourth quarter 2024?
Operating loss was $2.0M (-3.0% of revenue) and net loss $488K.