Filing Flows › Jewett Cameron Trading (JCTC) › Q4 FY24
Jewett Cameron Trading (JCTC) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Nov 20, 2024
Jewett Cameron Trading (JCTC) reported revenue of $13.2M for the fourth quarter fiscal 2024 (Q4 FY24), -10% from a year earlier and -17% from the quarter before. Operating margin was -2.3%, net loss $191K (1.4% of revenue).
Jewett Cameron Trading, Q4 FY24: revenue $13.2M (-10% year over year), operating margin -2.3%, net loss $191K, operating cash flow $3.8M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.2M | -17% | -10% |
| Operating profit | −$310K | — | — |
| Net earnings | −$191K | — | — |
| Operating cash flow | $3.8M | 262× | -6% |
What changed
Revenue was $13.2M in Q4 FY24, down 10% year over year and down 17% from the previous quarter.
Gross margin was 14.5%, down 6.4 points from a year earlier. Operating costs exceeded revenue by $310K, an operating margin of -2.3%. Operating expenses fell 16% while revenue fell 10%. The quarter ended with a net loss of $191K, after a profit of $155K the previous quarter. Non-operating items added $402K, 436% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $3.8M (down 6% year over year). Non-cash charges added back $85K of depreciation and amortization. Working capital and other items added $3.9M.
Questions
What was Jewett Cameron Trading's revenue in the fourth quarter fiscal 2024?
Jewett Cameron Trading (JCTC) reported revenue of $13.2M for the fourth quarter fiscal 2024 (Q4 FY24), -10% from a year earlier and -17% from the quarter before.
Was Jewett Cameron Trading profitable in the fourth quarter fiscal 2024?
Operating loss was $310K (-2.3% of revenue) and net loss $191K.