Filing Flows › Koil Energy Solutions (KLNG) › Q4 2024
Koil Energy Solutions (KLNG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Koil Energy Solutions (KLNG) reported revenue of $5.9M for the fourth quarter 2024 (Q4 2024), +48% from a year earlier and +14% from the quarter before. Operating margin was 8.9%, net earnings $537K (9.0% of revenue).
Koil Energy Solutions, Q4 2024: revenue $5.9M (+48% year over year), operating margin 8.9%, net earnings $537K, operating cash flow $552K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.9M | +14% | +48% |
| Operating profit | $529K | +11% | — |
| Net earnings | $537K | +3% | — |
| Operating cash flow | $552K | -71% | -41% |
| Free cash flow | $304K | -84% | -68% |
What changed
Revenue was $5.9M in Q4 2024, up 48% year over year and up 14% from the previous quarter.
Operating profit was $529K, a 8.9% margin (up 31.1 points year over year). Total costs grew 11% against revenue growth of 48%. The fastest-growing cost line was SG&A (+19%). Net earnings were $537K. The effective tax rate was 1.6%.
Operating cash flow was $552K (down 41% year over year), 103% of net earnings. Non-cash charges added back $134K of depreciation and amortization and $178K of share-based compensation. Working capital and other items used $297K. Capital expenditures of $248K left free cash flow of $304K.
Questions
What was Koil Energy Solutions' revenue in the fourth quarter 2024?
Koil Energy Solutions (KLNG) reported revenue of $5.9M for the fourth quarter 2024 (Q4 2024), +48% from a year earlier and +14% from the quarter before.
Was Koil Energy Solutions profitable in the fourth quarter 2024?
Operating profit was $529K (8.9% of revenue) and net earnings $537K.