Filing Flows › FutureFuel (FF) › Q4 2024
FutureFuel (FF) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
FutureFuel (FF) reported revenue of $61.5M for the fourth quarter 2024 (Q4 2024), -33% from a year earlier and +20% from the quarter before. Operating margin was 2.6%, net earnings $2.8M (4.5% of revenue).
FutureFuel, Q4 2024: revenue $61.5M (-33% year over year), operating margin 2.6%, net earnings $2.8M, operating cash flow −$16.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.5M | +20% | -33% |
| Gross profit | $5.6M | 15× | -77% |
| Operating profit | $1.6M | — | -92% |
| Net earnings | $2.8M | — | -88% |
| Operating cash flow | −$16.6M | — | — |
What changed
Revenue was $61.5M in Q4 2024, down 33% year over year and up 20% from the previous quarter.
Gross margin was 9.1%, down 17.1 points from a year earlier. Operating profit was $1.6M, a 2.6% margin (down 19.6 points year over year). Operating expenses grew 8% against a revenue fall of 33%. Net earnings were $2.8M, down 88% year over year. The effective tax rate was 5.3%. Non-operating items added $1.3M, 45% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$16.6M. Non-cash charges added back $2.3M of depreciation and $246K of share-based compensation. Working capital and other items used $21.9M. Capital expenditures of $4.1M exceeded it, leaving free cash flow of −$20.7M.
Questions
What was FutureFuel's revenue in the fourth quarter 2024?
FutureFuel (FF) reported revenue of $61.5M for the fourth quarter 2024 (Q4 2024), -33% from a year earlier and +20% from the quarter before.
Was FutureFuel profitable in the fourth quarter 2024?
Operating profit was $1.6M (2.6% of revenue) and net earnings $2.8M.
Source: FutureFuel 10-K on SEC EDGAR.