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Fold Holdings (FLD) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 28, 2025

Fold Holdings (FLD) reported revenue of $8.4M for the fourth quarter 2024 (Q4 2024) and +61% from the quarter before. Operating margin was -9.1%, net loss $424K (5.0% of revenue).

Revenue$8.4M
Year over year—
Quarter over quarter+61%
Operating margin-9.1%
Net earnings−$424K

Fold Holdings, Q4 2024: revenue $8.4M, operating margin -9.1%, net loss $424K, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$8.4M+61%—
Operating profit−$766K——
Net earnings−$424K——
Operating cash flow−$1.3M——

What changed

Revenue was $8.4M in Q4 2024, up 61% from the previous quarter.

Operating costs exceeded revenue by $766K, an operating margin of -9.1%. The quarter ended with a net loss of $424K, wider than the previous quarter's $397K loss. Non-operating items added $489K, -176% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$1.3M. Working capital and other items used $836K.

Questions

What was Fold Holdings' revenue in the fourth quarter 2024?

Fold Holdings (FLD) reported revenue of $8.4M for the fourth quarter 2024 (Q4 2024) and +61% from the quarter before.

Was Fold Holdings profitable in the fourth quarter 2024?

Operating loss was $766K (-9.1% of revenue) and net loss $424K.

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Source: Fold Holdings 10-K on SEC EDGAR.