Filing Flows › Hallador Energy (HNRG) › Q4 2024
Hallador Energy (HNRG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 17, 2025
Hallador Energy (HNRG) reported revenue of $93.4M for the fourth quarter 2024 (Q4 2024), -22% from a year earlier and -11% from the quarter before. Operating margin was -234.0%, net loss $216M (231.1% of revenue).
Hallador Energy, Q4 2024: revenue $93.4M (-22% year over year), operating margin -234.0%, net loss $216M, operating cash flow $38.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93.4M | -11% | -22% |
| Operating profit | −$219M | — | — |
| Net earnings | −$216M | — | — |
| Operating cash flow | $38.9M | — | — |
| Free cash flow | $25.2M | — | — |
What changed
Revenue was $93.4M in Q4 2024, down 22% year over year and down 11% from the previous quarter. Electric sales was the largest line at 75% of revenue.
Operating costs exceeded revenue by $218.6M, an operating margin of -234.0%. Total costs grew 140% against a revenue fall of 22%. The fastest-growing cost line was Other operating costs (+1711%). The quarter ended with a net loss of $215.8M, after a profit of $1.6M the previous quarter.
Operating cash flow was $38.9M. Non-cash charges added back $22.7M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $230.9M. Capital expenditures of $13.8M left free cash flow of $25.2M.
Questions
What was Hallador Energy's revenue in the fourth quarter 2024?
Hallador Energy (HNRG) reported revenue of $93.4M for the fourth quarter 2024 (Q4 2024), -22% from a year earlier and -11% from the quarter before.
Was Hallador Energy profitable in the fourth quarter 2024?
Operating loss was $219M (-234.0% of revenue) and net loss $216M.
Source: Hallador Energy 10-K on SEC EDGAR.