Filing Flows › Inno Holdings (INHD) › Q4 FY24
Inno Holdings (INHD) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 9, 2024
Inno Holdings (INHD) reported revenue of $490K for the fourth quarter fiscal 2024 (Q4 FY24), +64% from a year earlier and +973% from the quarter before. Operating margin was -60.3%, net loss $289K (59.0% of revenue).
Inno Holdings, Q4 FY24: revenue $490K (+64% year over year), operating margin -60.3%, net loss $289K, operating cash flow −$214K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $490K | +973% | +64% |
| Operating profit | −$295K | — | — |
| Net earnings | −$289K | — | — |
| Operating cash flow | −$214K | — | — |
What changed
Revenue was $490K in Q4 FY24, up 64% year over year and up 973% from the previous quarter.
Operating costs exceeded revenue by $295K, an operating margin of -60.3%. Total costs fell 42% while revenue rose 64%. The fastest-growing cost line was SG&A (+35%). The quarter ended with a net loss of $289K, narrower than the previous quarter's $1.1M loss. Minority interests bore $2K of it: to shareholders the quarter was a loss of $287K.
Operating cash flow was −$214K. Non-cash charges added back $21K of depreciation and $63K of share-based compensation. Capital expenditures of $135K exceeded it, leaving free cash flow of −$348K.
Questions
What was Inno Holdings' revenue in the fourth quarter fiscal 2024?
Inno Holdings (INHD) reported revenue of $490K for the fourth quarter fiscal 2024 (Q4 FY24), +64% from a year earlier and +973% from the quarter before.
Was Inno Holdings profitable in the fourth quarter fiscal 2024?
Operating loss was $295K (-60.3% of revenue) and net loss $289K.
Source: Inno Holdings 10-K on SEC EDGAR.