Filing Flows › Healthcare Triangle (HCTI) › Q4 2024
Healthcare Triangle (HCTI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Healthcare Triangle (HCTI) reported revenue of $2.2M for the fourth quarter 2024 (Q4 2024), -69% from a year earlier and -9% from the quarter before. Operating margin was -22.7%, net loss $1.3M (61.6% of revenue).
Healthcare Triangle, Q4 2024: revenue $2.2M (-69% year over year), operating margin -22.7%, net loss $1.3M, operating cash flow −$811K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2M | -9% | -69% |
| Operating profit | −$498K | — | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | −$811K | — | — |
What changed
Revenue was $2.2M in Q4 2024, down 69% year over year and down 9% from the previous quarter.
Operating costs exceeded revenue by $498K, an operating margin of -22.7%. Total costs fell 68% while revenue fell 69%. The quarter ended with a net loss of $1.3M, wider than the previous quarter's $1.2M loss. Net interest and other expense of $846K was the main reason.
Operating cash flow was −$811K. Working capital and other items added $537K.
Questions
What was Healthcare Triangle's revenue in the fourth quarter 2024?
Healthcare Triangle (HCTI) reported revenue of $2.2M for the fourth quarter 2024 (Q4 2024), -69% from a year earlier and -9% from the quarter before.
Was Healthcare Triangle profitable in the fourth quarter 2024?
Operating loss was $498K (-22.7% of revenue) and net loss $1.3M.