Filing Flows › Johnson Outdoors (JOUT) › Q4 FY24
Johnson Outdoors (JOUT) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 11, 2024
Johnson Outdoors (JOUT) reported revenue of $106M for the fourth quarter fiscal 2024 (Q4 FY24), +10% from a year earlier and -39% from the quarter before. Operating margin was -40.4%, net loss $34.3M (32.4% of revenue).
Johnson Outdoors, Q4 FY24: revenue $106M (+10% year over year), operating margin -40.4%, net loss $34.3M, operating cash flow $19.1M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $106M | -39% | +10% |
| Operating profit | −$42.8M | — | — |
| Net earnings | −$34.3M | — | — |
| Operating cash flow | $19.1M | -74% | — |
| Free cash flow | $13.5M | -80% | — |
What changed
Revenue was $105.9M in Q4 FY24, up 10% year over year and down 39% from the previous quarter.
Gross margin was 23.5%, down 6.0 points from a year earlier. Operating costs exceeded revenue by $42.8M, an operating margin of -40.4%. Operating expenses grew 33% against revenue growth of 10%. The fastest-growing cost line was General & admin (+22%). The quarter ended with a net loss of $34.3M, after a profit of $1.6M the previous quarter.
Operating cash flow was $19.1M. Non-cash charges added back $4.8M of depreciation and amortization and $300K of share-based compensation. Working capital and other items added $48.2M. Capital expenditures of $5.6M left free cash flow of $13.5M.
Questions
What was Johnson Outdoors' revenue in the fourth quarter fiscal 2024?
Johnson Outdoors (JOUT) reported revenue of $106M for the fourth quarter fiscal 2024 (Q4 FY24), +10% from a year earlier and -39% from the quarter before.
Was Johnson Outdoors profitable in the fourth quarter fiscal 2024?
Operating loss was $42.8M (-40.4% of revenue) and net loss $34.3M.
Source: Johnson Outdoors 10-K on SEC EDGAR.