Filing Flows › Hour Loop (HOUR) › Q4 2024
Hour Loop (HOUR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 27, 2025
Hour Loop (HOUR) reported revenue of $54.4M for the fourth quarter 2024 (Q4 2024), -9% from a year earlier and +75% from the quarter before. Operating margin was -4.5%, net loss $1.5M (2.8% of revenue).
Hour Loop, Q4 2024: revenue $54.4M (-8% year over year), operating margin -4.5%, net loss $1.5M, operating cash flow $1.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.4M | +75% | -9% |
| Operating profit | −$2.5M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | $1.5M | — | -18% |
| Free cash flow | $1.5M | — | -18% |
What changed
Revenue was $54.4M in Q4 2024, down 9% year over year and up 75% from the previous quarter.
Gross margin was 45.7%, down 5.0 points from a year earlier. Operating costs exceeded revenue by $2.5M, an operating margin of -4.5%. Operating expenses fell 11% while revenue fell 9%. The fastest-growing cost line was General & admin (+35%). The quarter ended with a net loss of $1.5M, after a profit of $470K the previous quarter.
Operating cash flow was $1.5M (down 18% year over year). Non-cash charges added back $20K of depreciation and $15K of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $1K left free cash flow of $1.5M.
Questions
What was Hour Loop's revenue in the fourth quarter 2024?
Hour Loop (HOUR) reported revenue of $54.4M for the fourth quarter 2024 (Q4 2024), -9% from a year earlier and +75% from the quarter before.
Was Hour Loop profitable in the fourth quarter 2024?
Operating loss was $2.5M (-4.5% of revenue) and net loss $1.5M.
Source: Hour Loop 10-K on SEC EDGAR.