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Evofem Biosciences (EVFM) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 24, 2025

Evofem Biosciences (EVFM) reported revenue of $7.1M for the fourth quarter 2024 (Q4 2024), +47% from a year earlier and +58% from the quarter before. Operating margin was -14.1%, net loss $3.0M (42.8% of revenue).

Revenue$7.1M
Year over year+47%
Quarter over quarter+58%
Operating margin-14.1%
Net earnings−$3.0M

Evofem Biosciences, Q4 2024: revenue $7.1M (+47% year over year), operating margin -14.1%, net loss $3.0M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$7.1M+58%+47%
Operating profit−$1.0M——
Net earnings−$3.0M——
Operating cash flow−$2.4M——

What changed

Revenue was $7.1M in Q4 2024, up 47% year over year and up 58% from the previous quarter.

Operating costs exceeded revenue by $1.0M, an operating margin of -14.1%. Total costs fell 1% while revenue rose 47%. The fastest-growing cost line was Cost of revenue (+58%). The quarter ended with a net loss of $3.0M, wider than the previous quarter's $2.4M loss. Net interest and other expense of $2.0M was the main reason.

Operating cash flow was −$2.4M. Non-cash charges added back $323K of depreciation and amortization and $188K of share-based compensation.

Questions

What was Evofem Biosciences' revenue in the fourth quarter 2024?

Evofem Biosciences (EVFM) reported revenue of $7.1M for the fourth quarter 2024 (Q4 2024), +47% from a year earlier and +58% from the quarter before.

Was Evofem Biosciences profitable in the fourth quarter 2024?

Operating loss was $1.0M (-14.1% of revenue) and net loss $3.0M.

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Source: Evofem Biosciences 10-K on SEC EDGAR.