Filing Flows › HWH International (ESYN) › Q4 2024
HWH International (ESYN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
HWH International (ESYN) reported revenue of $287K for the fourth quarter 2024 (Q4 2024), +38% from a year earlier and -17% from the quarter before. Operating margin was -114.7%, net loss $329K (114.7% of revenue).
HWH International, Q4 2024: revenue $287K (+38% year over year), operating margin -114.7%, net loss $329K, operating cash flow −$256K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $287K | -17% | +38% |
| Operating profit | −$329K | — | — |
| Net earnings | −$329K | — | — |
| Operating cash flow | −$256K | — | — |
What changed
Revenue was $287K in Q4 2024, up 38% year over year and down 17% from the previous quarter.
Gross margin was 39.6%, down 13.7 points from a year earlier. Operating costs exceeded revenue by $329K, an operating margin of -114.7%. Operating expenses fell 60% while revenue rose 38%. The quarter ended with a net loss of $329K, narrower than the previous quarter's $537K loss. Minority interests bore $12K of it: to shareholders the quarter was a loss of $317K.
Operating cash flow was −$256K. Non-cash charges added back $3K of depreciation. Working capital and other items added $71K. Capital expenditures of $0K exceeded it, leaving free cash flow of −$256K.
Questions
What was HWH International's revenue in the fourth quarter 2024?
HWH International (ESYN) reported revenue of $287K for the fourth quarter 2024 (Q4 2024), +38% from a year earlier and -17% from the quarter before.
Was HWH International profitable in the fourth quarter 2024?
Operating loss was $329K (-114.7% of revenue) and net loss $329K.
Source: HWH International 10-K on SEC EDGAR.