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Kaltura (KLTR) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Feb 20, 2025

Kaltura (KLTR) reported revenue of $45.6M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +3% from the quarter before. Operating margin was -8.3%, net loss $6.6M (14.5% of revenue).

Revenue$45.6M
Year over year+3%
Quarter over quarter+3%
Operating margin-8.3%
Net earnings−$6.6M

Kaltura, Q4 2024: revenue $45.6M (+2% year over year), operating margin -8.3%, net loss $6.6M, operating cash flow $4.3M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$45.6M+3%+3%
Operating profit−$3.8M——
Net earnings−$6.6M——
Operating cash flow$4.3M-60%+169%
Free cash flow$4.2M-60%+436%

What changed

Revenue was $45.6M in Q4 2024, up 3% year over year and up 3% from the previous quarter. Subscription was the largest line at 95% of revenue.

Gross margin was 70.8%, up 6.4 points from a year earlier. Operating costs exceeded revenue by $3.8M, an operating margin of -8.3%. Operating expenses fell 4% while revenue rose 3%. The quarter ended with a net loss of $6.6M, wider than the previous quarter's $3.6M loss.

Operating cash flow was $4.3M (up 169% year over year). Non-cash charges added back $1.2M of depreciation and amortization and $5.2M of share-based compensation. Working capital and other items added $4.5M. Capital expenditures of $100K left free cash flow of $4.2M.

Questions

What was Kaltura's revenue in the fourth quarter 2024?

Kaltura (KLTR) reported revenue of $45.6M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +3% from the quarter before.

Was Kaltura profitable in the fourth quarter 2024?

Operating loss was $3.8M (-8.3% of revenue) and net loss $6.6M.

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Source: Kaltura 10-K on SEC EDGAR.