Filing Flows › Kaival Brands Innovations Group (KAVL) › Q4 FY24
Kaival Brands Innovations Group (KAVL) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Feb 10, 2025
Kaival Brands Innovations Group (KAVL) reported revenue of $735K for the fourth quarter fiscal 2024 (Q4 FY24), -81% from a year earlier and +3% from the quarter before. Operating margin was -199.7%, net loss $1.5M (202.3% of revenue).
Kaival Brands Innovations Group, Q4 FY24: revenue $735K (-81% year over year), operating margin -199.7%, net loss $1.5M, operating cash flow −$793K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $735K | +3% | -81% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | −$793K | — | — |
What changed
Revenue was $735K in Q4 FY24, down 81% year over year and up 3% from the previous quarter.
Gross margin was 73.3%, up 51.6 points from a year earlier. Operating costs exceeded revenue by $1.5M, an operating margin of -199.7%. Operating expenses fell 38% while revenue fell 81%. The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $1.6M loss.
Operating cash flow was −$793K. Non-cash charges added back $197K of depreciation and amortization. Working capital and other items added $496K.
Questions
What was Kaival Brands Innovations Group's revenue in the fourth quarter fiscal 2024?
Kaival Brands Innovations Group (KAVL) reported revenue of $735K for the fourth quarter fiscal 2024 (Q4 FY24), -81% from a year earlier and +3% from the quarter before.
Was Kaival Brands Innovations Group profitable in the fourth quarter fiscal 2024?
Operating loss was $1.5M (-199.7% of revenue) and net loss $1.5M.