Filing Flows › Lifeway Foods (LWAY) › Q4 2024
Lifeway Foods (LWAY) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 14, 2025
Lifeway Foods (LWAY) reported revenue of $46.9M for the fourth quarter 2024 (Q4 2024), +12% from a year earlier and +2% from the quarter before. Operating margin was 1.5%, net loss $160K (0.3% of revenue).
Lifeway Foods, Q4 2024: revenue $46.9M (+12% year over year), operating margin 1.5%, net loss $160K, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $46.9M | +2% | +12% |
| Operating profit | $713K | — | — |
| Net earnings | −$160K | — | — |
| Operating cash flow | −$2.6M | — | — |
What changed
Revenue was $46.9M in Q4 2024, up 12% year over year and up 2% from the previous quarter. Drinkable Kefirotherthan Pro Bugs was the largest line at 81% of revenue.
Gross margin was 25.3%, down 2.7 points from a year earlier. Operating profit was $713K, a 1.5% margin (down 12.1 points year over year). Operating profit fell $5.0M even though revenue rose $4.8M versus a year earlier, so costs grew faster than sales. Operating expenses grew 85% against revenue growth of 12%. The fastest-growing cost line was General & admin (+144%). The quarter ended with a net loss of $160K, after a profit of $3.0M the previous quarter.
Operating cash flow was −$2.6M. Non-cash charges added back $899K of depreciation and amortization and $548K of share-based compensation. Working capital and other items used $3.9M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Lifeway Foods' revenue in the fourth quarter 2024?
Lifeway Foods (LWAY) reported revenue of $46.9M for the fourth quarter 2024 (Q4 2024), +12% from a year earlier and +2% from the quarter before.
Was Lifeway Foods profitable in the fourth quarter 2024?
Operating profit was $713K (1.5% of revenue) and net loss $160K.
Source: Lifeway Foods 10-K on SEC EDGAR.