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HealthLynked (HLYK) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 31, 2025

HealthLynked (HLYK) reported revenue of $619K for the fourth quarter 2024 (Q4 2024), -34% from a year earlier and +5% from the quarter before. Operating margin was -121.0%, net loss $1.2M (198.8% of revenue).

Revenue$619K
Year over year-34%
Quarter over quarter+5%
Operating margin-121.0%
Net earnings−$1.2M

HealthLynked, Q4 2024: revenue $619K (-34% year over year), operating margin -121.0%, net loss $1.2M, operating cash flow −$744K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$619K+5%-34%
Operating profit−$749K——
Net earnings−$1.2M——
Operating cash flow−$744K——

What changed

Revenue was $619K in Q4 2024, down 34% year over year and up 5% from the previous quarter.

Operating costs exceeded revenue by $749K, an operating margin of -121.0%. Total costs fell 33% while revenue fell 34%. The quarter ended with a net loss of $1.2M, narrower than the previous quarter's $2.0M loss.

Operating cash flow was −$744K. Non-cash charges added back $28K of depreciation and amortization and $18K of share-based compensation. Working capital and other items added $440K.

Questions

What was HealthLynked's revenue in the fourth quarter 2024?

HealthLynked (HLYK) reported revenue of $619K for the fourth quarter 2024 (Q4 2024), -34% from a year earlier and +5% from the quarter before.

Was HealthLynked profitable in the fourth quarter 2024?

Operating loss was $749K (-121.0% of revenue) and net loss $1.2M.

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Source: HealthLynked 10-K on SEC EDGAR.