Filing Flows › Greenpro Capital (GRNQ) › Q4 2024
Greenpro Capital (GRNQ) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 9, 2025
Greenpro Capital (GRNQ) reported revenue of $1.9M for the fourth quarter 2024 (Q4 2024), +66% from a year earlier and +259% from the quarter before. Operating margin was 29.9%, net earnings $433K (22.3% of revenue).
Greenpro Capital, Q4 2024: revenue $1.9M (+66% year over year), operating margin 29.9%, net earnings $433K, operating cash flow −$169K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | +259% | +66% |
| Gross profit | $1.8M | +350% | +78% |
| Operating profit | $579K | — | — |
| Net earnings | $433K | — | — |
| Operating cash flow | −$169K | — | — |
What changed
Revenue was $1.9M in Q4 2024, up 66% year over year and up 259% from the previous quarter.
Gross margin was 91.8%, up 6.3 points from a year earlier. Operating profit was $579K, a 29.9% margin (up 91.9 points year over year). Operating expenses fell 30% while revenue rose 66%. Net earnings were $433K. The effective tax rate was 0.7%.
Operating cash flow was −$169K. Non-cash charges added back $61K of depreciation and amortization. Working capital and other items used $673K. Capital expenditures of −$0K exceeded it, leaving free cash flow of −$169K.
Questions
What was Greenpro Capital's revenue in the fourth quarter 2024?
Greenpro Capital (GRNQ) reported revenue of $1.9M for the fourth quarter 2024 (Q4 2024), +66% from a year earlier and +259% from the quarter before.
Was Greenpro Capital profitable in the fourth quarter 2024?
Operating profit was $579K (29.9% of revenue) and net earnings $433K.
Source: Greenpro Capital 10-K on SEC EDGAR.