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Gold Rock Holdings (GRHI) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 25, 2025

Gold Rock Holdings (GRHI) reported revenue of $66K for the fourth quarter 2024 (Q4 2024) and 0% from the quarter before. Operating margin was -3.8%, net loss $3K (3.8% of revenue).

Revenue$66K
Year over year—
Quarter over quarter0%
Operating margin-3.8%
Net earnings−$3K

Gold Rock Holdings, Q4 2024: revenue $66K, operating margin -3.8%, net loss $3K, operating cash flow −$6K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$66K0%—
Operating profit−$3K——
Net earnings−$3K——
Operating cash flow−$6K——

What changed

Revenue was $66K in Q4 2024, roughly flat from the previous quarter.

Gross margin was 100.0%. Operating costs exceeded revenue by $3K, an operating margin of -3.8%. The quarter ended with a net loss of $3K, after a profit of $20K the previous quarter.

Operating cash flow was −$6K. Working capital and other items used $3K.

Questions

What was Gold Rock Holdings' revenue in the fourth quarter 2024?

Gold Rock Holdings (GRHI) reported revenue of $66K for the fourth quarter 2024 (Q4 2024) and 0% from the quarter before.

Was Gold Rock Holdings profitable in the fourth quarter 2024?

Operating loss was $3K (-3.8% of revenue) and net loss $3K.

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Source: Gold Rock Holdings 10-K on SEC EDGAR.