Filing Flows › Energy Focus (EFOI) › Q4 2024
Energy Focus (EFOI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 25, 2025
Energy Focus (EFOI) reported revenue of $1.3M for the fourth quarter 2024 (Q4 2024), -47% from a year earlier and +7% from the quarter before. Operating margin was -22.5%, net loss $294K (23.0% of revenue).
Energy Focus, Q4 2024: revenue $1.3M (-47% year over year), operating margin -22.5%, net loss $294K, operating cash flow −$254K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | +7% | -47% |
| Operating profit | −$288K | — | — |
| Net earnings | −$294K | — | — |
| Operating cash flow | −$254K | — | — |
What changed
Revenue was $1.3M in Q4 2024, down 47% year over year and up 7% from the previous quarter.
Gross margin was 20.7%, up 17.6 points from a year earlier. Operating costs exceeded revenue by $288K, an operating margin of -22.5%. Operating expenses fell 34% while revenue fell 47%. The quarter ended with a net loss of $294K, narrower than the previous quarter's $316K loss.
Operating cash flow was −$254K. Non-cash charges added back $9K of depreciation and $2K of share-based compensation. Working capital and other items added $29K.
Questions
What was Energy Focus' revenue in the fourth quarter 2024?
Energy Focus (EFOI) reported revenue of $1.3M for the fourth quarter 2024 (Q4 2024), -47% from a year earlier and +7% from the quarter before.
Was Energy Focus profitable in the fourth quarter 2024?
Operating loss was $288K (-22.5% of revenue) and net loss $294K.
Source: Energy Focus 10-K on SEC EDGAR.