Filing Flows › Elutia (ELUT) › Q4 2024
Elutia (ELUT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 11, 2025
Elutia (ELUT) reported revenue of $5.5M for the fourth quarter 2024 (Q4 2024), -7% from a year earlier and -8% from the quarter before. Operating margin was -154.2%, net loss $9.1M (165.7% of revenue).
Elutia, Q4 2024: revenue $5.5M (-7% year over year), operating margin -154.2%, net loss $9.1M, operating cash flow −$12.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.5M | -8% | -7% |
| Operating profit | −$8.4M | — | — |
| Net earnings | −$9.1M | — | — |
| Operating cash flow | −$12.3M | — | — |
What changed
Revenue was $5.5M in Q4 2024, down 7% year over year and down 8% from the previous quarter.
Gross margin was 42.5%, up 6.3 points from a year earlier. Operating costs exceeded revenue by $8.4M, an operating margin of -154.2%. Operating expenses grew 1% against a revenue fall of 7%. The fastest-growing cost line was Sales & marketing (+13%). The quarter ended with a net loss of $9.1M, after a profit of $1.3M the previous quarter.
Operating cash flow was −$12.3M. Non-cash charges added back $863K of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $5.3M. Capital expenditures of $94K exceeded it, leaving free cash flow of −$12.4M.
Questions
What was Elutia's revenue in the fourth quarter 2024?
Elutia (ELUT) reported revenue of $5.5M for the fourth quarter 2024 (Q4 2024), -7% from a year earlier and -8% from the quarter before.
Was Elutia profitable in the fourth quarter 2024?
Operating loss was $8.4M (-154.2% of revenue) and net loss $9.1M.
Source: Elutia 10-K on SEC EDGAR.