Filing Flows › DSwiss (DQWS) › Q4 2024
DSwiss (DQWS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
DSwiss (DQWS) reported revenue of $1.0M for the fourth quarter 2024 (Q4 2024), +144% from a year earlier and +0.8% from the quarter before. Operating margin was 0.0%, net loss $115K (11.1% of revenue).
DSwiss, Q4 2024: revenue $1.0M (+144% year over year), operating margin 0.0%, net loss $115K, operating cash flow −$35K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0M | +0.8% | +144% |
| Operating profit | −$260 | — | — |
| Net earnings | −$115K | — | — |
| Operating cash flow | −$35K | — | — |
What changed
Revenue was $1.0M in Q4 2024, up 144% year over year and up 1% from the previous quarter.
Gross margin was 10.4%, up 0.8 points from a year earlier. Operating costs exceeded revenue by $0K, an operating margin of 0.0%. Operating expenses grew 162% against revenue growth of 144%. The quarter ended with a net loss of $115K, wider than the previous quarter's $61K loss. Net interest and other expense of $123K was the main reason.
Operating cash flow was −$35K. Non-cash charges added back $7K of depreciation and amortization. Working capital and other items added $73K. Capital expenditures of $104K exceeded it, leaving free cash flow of −$139K.
Questions
What was DSwiss' revenue in the fourth quarter 2024?
DSwiss (DQWS) reported revenue of $1.0M for the fourth quarter 2024 (Q4 2024), +144% from a year earlier and +0.8% from the quarter before.
Was DSwiss profitable in the fourth quarter 2024?
Operating loss was $260 (0.0% of revenue) and net loss $115K.
Source: DSwiss 10-K on SEC EDGAR.