Filing Flows › Fdctech (FDCT) › Q4 2024
Fdctech (FDCT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Fdctech (FDCT) reported revenue of $8.8M for the fourth quarter 2024 (Q4 2024), +51% from a year earlier and +55% from the quarter before. Operating margin was 7.1%, net earnings $660K (7.5% of revenue).
Fdctech, Q4 2024: revenue $8.8M (+51% year over year), operating margin 7.1%, net earnings $660K, operating cash flow −$10.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.8M | +55% | +51% |
| Gross profit | $4.8M | +81% | +33% |
| Operating profit | $619K | — | -50% |
| Net earnings | $660K | — | -47% |
| Operating cash flow | −$10.1M | — | — |
What changed
Revenue was $8.8M in Q4 2024, up 51% year over year and up 55% from the previous quarter.
Gross margin was 54.8%, down 7.4 points from a year earlier. Operating profit was $619K, a 7.1% margin (down 14.1 points year over year). Operating profit fell $609K even though revenue rose $3.0M versus a year earlier, so costs grew faster than sales. Operating expenses grew 75% against revenue growth of 51%. The fastest-growing cost line was General & admin (+175%). Net earnings were $660K, down 47% year over year. The effective tax rate was 0.0%.
Operating cash flow was −$10.1M. Non-cash charges added back $54K of depreciation. Working capital and other items used $10.8M.
Questions
What was Fdctech's revenue in the fourth quarter 2024?
Fdctech (FDCT) reported revenue of $8.8M for the fourth quarter 2024 (Q4 2024), +51% from a year earlier and +55% from the quarter before.
Was Fdctech profitable in the fourth quarter 2024?
Operating profit was $619K (7.1% of revenue) and net earnings $660K.
Source: Fdctech 10-K on SEC EDGAR.