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Hubilu Venture (HBUV) Q4 2024 earnings results (fourth quarter 2024)

10-K filed May 6, 2025

Hubilu Venture (HBUV) reported revenue of $566K for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and -8% from the quarter before. Operating margin was 37.7%, net loss $190K (33.6% of revenue).

Revenue$566K
Year over year-2%
Quarter over quarter-8%
Operating margin37.7%
Net earnings−$190K

Hubilu Venture, Q4 2024: revenue $566K (-2% year over year), operating margin 37.7%, net loss $190K, operating cash flow −$166K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$566K-8%-2%
Operating profit$213K——
Net earnings−$190K——
Operating cash flow−$166K——

What changed

Revenue was $566K in Q4 2024, down 2% year over year and down 8% from the previous quarter.

Operating profit was $213K, a 37.7% margin (up 46.2 points year over year). Total costs fell 44% while revenue fell 2%. The fastest-growing cost line was General & admin (+147%). The quarter ended with a net loss of $190K, after a profit of $67K the previous quarter. Net interest and other expense of $403K was the main reason.

Operating cash flow was −$166K. Non-cash charges added back $56K of depreciation. Working capital and other items used $32K. Capital expenditures of −$613K left free cash flow of $446K.

Questions

What was Hubilu Venture's revenue in the fourth quarter 2024?

Hubilu Venture (HBUV) reported revenue of $566K for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and -8% from the quarter before.

Was Hubilu Venture profitable in the fourth quarter 2024?

Operating profit was $213K (37.7% of revenue) and net loss $190K.

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Source: Hubilu Venture 10-K on SEC EDGAR.