Filing Flows › Dixie Group (DXYN) › Q4 2024
Dixie Group (DXYN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 8, 2025
Dixie Group (DXYN) reported revenue of $64.4M for the fourth quarter 2024 (Q4 2024), -3% from a year earlier and -0.8% from the quarter before. Operating margin was -8.1%, net loss $7.2M (11.2% of revenue).
Dixie Group, Q4 2024: revenue $64.4M (-3% year over year), operating margin -8.1%, net loss $7.2M, operating cash flow $4.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.4M | -0.8% | -3% |
| Operating profit | −$5.2M | — | — |
| Net earnings | −$7.2M | — | — |
| Operating cash flow | $4.1M | +126% | — |
| Free cash flow | $3.9M | +210% | — |
What changed
Revenue was $64.4M in Q4 2024, down 3% year over year and down 1% from the previous quarter.
Gross margin was 21.7%, down 5.4 points from a year earlier. Operating costs exceeded revenue by $5.2M, an operating margin of -8.1%. Operating expenses grew 52% against a revenue fall of 3%. The quarter ended with a net loss of $7.2M, wider than the previous quarter's $3.9M loss.
Operating cash flow was $4.1M. Non-cash charges added back $1.6M of depreciation and amortization and $116K of share-based compensation. Working capital and other items added $9.7M. Capital expenditures of $190K left free cash flow of $3.9M.
Questions
What was Dixie Group's revenue in the fourth quarter 2024?
Dixie Group (DXYN) reported revenue of $64.4M for the fourth quarter 2024 (Q4 2024), -3% from a year earlier and -0.8% from the quarter before.
Was Dixie Group profitable in the fourth quarter 2024?
Operating loss was $5.2M (-8.1% of revenue) and net loss $7.2M.
Source: Dixie Group 10-K on SEC EDGAR.