Filing Flows › First Capital (FCAP) › Q4 2024
First Capital (FCAP) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
First Capital (FCAP) reported revenue of $11.3M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and +4% from the quarter before. Operating margin was 34.8%, net earnings $3.3M (28.8% of revenue).
First Capital, Q4 2024: revenue $11.3M (+9% year over year), operating margin 34.8%, net earnings $3.3M, operating cash flow $4.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.3M | +4% | +9% |
| Operating profit | $3.9M | +15% | +10% |
| Net earnings | $3.3M | +13% | +5% |
| Operating cash flow | $4.1M | -46% | +325% |
| Free cash flow | $3.7M | -50% | +385% |
What changed
Revenue was $11.3M in Q4 2024, up 9% year over year and up 4% from the previous quarter.
Operating profit was $3.9M, a 34.8% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 37% reached operating profit, above the 35% margin then. Total costs grew 9% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+12%). Net earnings were $3.3M, up 5% year over year. The effective tax rate was 17.3%.
Operating cash flow was $4.1M (up 325% year over year), 124% of net earnings. Non-cash charges added back $288K of depreciation and amortization and $34K of share-based compensation. Working capital and other items added $477K. Capital expenditures of $323K left free cash flow of $3.7M.
Questions
What was First Capital's revenue in the fourth quarter 2024?
First Capital (FCAP) reported revenue of $11.3M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and +4% from the quarter before.
Was First Capital profitable in the fourth quarter 2024?
Operating profit was $3.9M (34.8% of revenue) and net earnings $3.3M.
Source: First Capital 10-K on SEC EDGAR.