Filing Flows › Professional Diversity Network (IPDN) › Q4 2024
Professional Diversity Network (IPDN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Professional Diversity Network (IPDN) reported revenue of $1.6M for the fourth quarter 2024 (Q4 2024), -15% from a year earlier and -4% from the quarter before. Operating margin was -36.8%, net loss $781K (48.2% of revenue).
Professional Diversity Network, Q4 2024: revenue $1.6M (-14% year over year), operating margin -36.8%, net loss $781K, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | -4% | -15% |
| Operating profit | −$596K | — | — |
| Net earnings | −$781K | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $1.6M in Q4 2024, down 15% year over year and down 4% from the previous quarter. Recruitment Services was the largest line at 61% of revenue.
Operating costs exceeded revenue by $596K, an operating margin of -36.8%. Total costs fell 13% while revenue fell 15%. The fastest-growing cost line was General & admin (+23%). The quarter ended with a net loss of $781K, wider than the previous quarter's $422K loss. Minority interests bore $19K of it: to shareholders the quarter was a loss of $762K.
Operating cash flow was −$1.2M. Non-cash charges added back $41K of depreciation and amortization and $37K of share-based compensation. Working capital and other items used $474K. Capital expenditures of $21K exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Professional Diversity Network's revenue in the fourth quarter 2024?
Professional Diversity Network (IPDN) reported revenue of $1.6M for the fourth quarter 2024 (Q4 2024), -15% from a year earlier and -4% from the quarter before.
Was Professional Diversity Network profitable in the fourth quarter 2024?
Operating loss was $596K (-36.8% of revenue) and net loss $781K.