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MDWerks (MDWK) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 25, 2025

MDWerks (MDWK) reported revenue of $349K for the fourth quarter 2024 (Q4 2024) and -67% from the quarter before. Operating margin was -188.9%, net loss $712K (204.0% of revenue).

Revenue$349K
Year over year—
Quarter over quarter-67%
Operating margin-188.9%
Net earnings−$712K

MDWerks, Q4 2024: revenue $349K, operating margin -188.9%, net loss $712K, operating cash flow −$119K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$349K-67%—
Operating profit−$659K——
Net earnings−$712K——
Operating cash flow−$119K——

What changed

Revenue was $349K in Q4 2024, down 67% from the previous quarter.

Operating costs exceeded revenue by $659K, an operating margin of -188.9%. The quarter ended with a net loss of $712K, after a profit of $157K the previous quarter.

Operating cash flow was −$119K. Non-cash charges added back $78K of depreciation and amortization and $57K of share-based compensation. Working capital and other items added $458K.

Questions

What was MDWerks' revenue in the fourth quarter 2024?

MDWerks (MDWK) reported revenue of $349K for the fourth quarter 2024 (Q4 2024) and -67% from the quarter before.

Was MDWerks profitable in the fourth quarter 2024?

Operating loss was $659K (-188.9% of revenue) and net loss $712K.

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Source: MDWerks 10-K on SEC EDGAR.