Filing Flows › Inve Technologies (INVE) › Q4 2024
Inve Technologies (INVE) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 17, 2025
Inve Technologies (INVE) reported revenue of $6.7M for the fourth quarter 2024 (Q4 2024), -41% from a year earlier and +3% from the quarter before. Operating margin was -98.9%, net loss $355K (5.3% of revenue).
Inve Technologies, Q4 2024: revenue $6.7M (-41% year over year), operating margin -98.9%, net loss $355K, operating cash flow −$5.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.7M | +3% | -41% |
| Operating profit | −$6.6M | — | — |
| Net earnings | −$355K | — | — |
| Operating cash flow | −$5.9M | — | — |
What changed
Revenue was $6.7M in Q4 2024, down 41% year over year and up 3% from the previous quarter.
Operating costs exceeded revenue by $6.6M, an operating margin of -98.9%. The fastest-growing cost line was Other operating costs (+386%). The quarter ended with a net loss of $355K, after a profit of $85.9M the previous quarter. Non-operating items added $6.0M, -958% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.9M. Non-cash charges added back $694K of depreciation and amortization and $876K of share-based compensation. Working capital and other items used $7.1M. Capital expenditures of $620K exceeded it, leaving free cash flow of −$6.5M.
Questions
What was Inve Technologies' revenue in the fourth quarter 2024?
Inve Technologies (INVE) reported revenue of $6.7M for the fourth quarter 2024 (Q4 2024), -41% from a year earlier and +3% from the quarter before.
Was Inve Technologies profitable in the fourth quarter 2024?
Operating loss was $6.6M (-98.9% of revenue) and net loss $355K.
Source: Inve Technologies 10-K on SEC EDGAR.