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Korsana Biosciences (KRSA) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 4, 2025

Korsana Biosciences (KRSA) reported revenue of $1.8M for the fourth quarter 2024 (Q4 2024) and +831% from the quarter before. Operating margin was 27.8%, net earnings $530K (29.3% of revenue).

Revenue$1.8M
Year over year—
Quarter over quarter+831%
Operating margin27.8%
Net earnings$530K

Korsana Biosciences, Q4 2024: revenue $1.8M, operating margin 27.8%, net earnings $530K, operating cash flow $360K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$1.8M+831%—
Operating profit$502K——
Net earnings$530K——
Operating cash flow$360K——

What changed

Revenue was $1.8M in Q4 2024, up 831% from the previous quarter.

Operating profit was $502K, a 27.8% margin. Net earnings were $530K. The effective tax rate was 0.0%.

Operating cash flow was $360K, 68% of net earnings. Non-cash charges added back $122K of share-based compensation. Working capital and other items used $292K.

Questions

What was Korsana Biosciences' revenue in the fourth quarter 2024?

Korsana Biosciences (KRSA) reported revenue of $1.8M for the fourth quarter 2024 (Q4 2024) and +831% from the quarter before.

Was Korsana Biosciences profitable in the fourth quarter 2024?

Operating profit was $502K (27.8% of revenue) and net earnings $530K.

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Source: Korsana Biosciences 10-K on SEC EDGAR.