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Journey Medical (DERM) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 27, 2025

Journey Medical (DERM) reported revenue of $13.6M for the fourth quarter 2024 (Q4 2024), -11% from a year earlier and -7% from the quarter before. Operating margin was 16.4%, net earnings $1.5M (11.2% of revenue).

Revenue$13.6M
Year over year-11%
Quarter over quarter-7%
Operating margin16.4%
Net earnings$1.5M

Journey Medical, Q4 2024: revenue $13.6M (-11% year over year), operating margin 16.4%, net earnings $1.5M, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$13.6M-7%-11%
Operating profit$2.2M——
Net earnings$1.5M——
Operating cash flow$2.2M——

What changed

Revenue was $13.6M in Q4 2024, down 11% year over year and down 7% from the previous quarter. Qbrexza was the largest line at 42% of revenue.

Operating profit was $2.2M, a 16.4% margin (up 30.2 points year over year). Total costs fell 34% while revenue fell 11%. Net earnings were $1.5M. The effective tax rate was 3.9%.

Operating cash flow was $2.2M, 146% of net earnings. Non-cash charges added back $1.4M of share-based compensation. Working capital and other items used $674K.

Questions

What was Journey Medical's revenue in the fourth quarter 2024?

Journey Medical (DERM) reported revenue of $13.6M for the fourth quarter 2024 (Q4 2024), -11% from a year earlier and -7% from the quarter before.

Was Journey Medical profitable in the fourth quarter 2024?

Operating profit was $2.2M (16.4% of revenue) and net earnings $1.5M.

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Source: Journey Medical 10-K on SEC EDGAR.