Filing Flows › DSS (DSS) › Q4 2024
DSS (DSS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
DSS (DSS) reported revenue of $5.4M for the fourth quarter 2024 (Q4 2024), -23% from a year earlier and -3% from the quarter before. Operating margin was -522.7%, net loss $37.9M (700.6% of revenue).
DSS, Q4 2024: revenue $5.4M (-23% year over year), operating margin -522.7%, net loss $37.9M, operating cash flow $420K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4M | -3% | -23% |
| Operating profit | −$28.3M | — | — |
| Net earnings | −$37.9M | — | — |
| Operating cash flow | $420K | — | -77% |
| Free cash flow | $316K | — | -81% |
What changed
Revenue was $5.4M in Q4 2024, down 23% year over year and down 3% from the previous quarter. Printed Products was the largest line at 86% of revenue.
Operating costs exceeded revenue by $28.3M, an operating margin of -522.7%. Total costs grew 200% against a revenue fall of 23%. The fastest-growing cost line was SG&A (+580%). The quarter ended with a net loss of $37.9M, wider than the previous quarter's $5.7M loss. Minority interests bore $5.1M of it: to shareholders the quarter was a loss of $32.9M.
Operating cash flow was $420K (down 77% year over year). Non-cash charges added back $547K of depreciation and amortization and $19K of share-based compensation. Working capital and other items added $37.8M. Capital expenditures of $104K left free cash flow of $316K.
Questions
What was DSS' revenue in the fourth quarter 2024?
DSS (DSS) reported revenue of $5.4M for the fourth quarter 2024 (Q4 2024), -23% from a year earlier and -3% from the quarter before.
Was DSS profitable in the fourth quarter 2024?
Operating loss was $28.3M (-522.7% of revenue) and net loss $37.9M.
Source: DSS 10-K on SEC EDGAR.