Filing Flows › Longeveron (LGVN) › Q4 2024
Longeveron (LGVN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 28, 2025
Longeveron (LGVN) reported revenue of $603K for the fourth quarter 2024 (Q4 2024), +857% from a year earlier and -22% from the quarter before. Operating margin was -710.0%, net loss $4.1M (676.8% of revenue).
Longeveron, Q4 2024: revenue $603K (+857% year over year), operating margin -710.0%, net loss $4.1M, operating cash flow −$3.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $603K | -22% | +857% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$4.1M | — | — |
| Operating cash flow | −$3.4M | — | — |
What changed
Revenue was $603K in Q4 2024, up 857% year over year and down 22% from the previous quarter.
Gross margin was 87.9%. Operating costs exceeded revenue by $4.3M, an operating margin of -710.0%. The quarter ended with a net loss of $4.1M, narrower than the previous quarter's $4.4M loss.
Operating cash flow was −$3.4M. Non-cash charges added back $242K of depreciation and amortization and $390K of share-based compensation. Capital expenditures of $13K exceeded it, leaving free cash flow of −$3.4M.
Questions
What was Longeveron's revenue in the fourth quarter 2024?
Longeveron (LGVN) reported revenue of $603K for the fourth quarter 2024 (Q4 2024), +857% from a year earlier and -22% from the quarter before.
Was Longeveron profitable in the fourth quarter 2024?
Operating loss was $4.3M (-710.0% of revenue) and net loss $4.1M.
Source: Longeveron 10-K on SEC EDGAR.