Filing Flows › Corvex (MOVE) › Q4 2024
Corvex (MOVE) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 9, 2025
Corvex (MOVE) reported revenue of $111K for the fourth quarter 2024 (Q4 2024) and +122% from the quarter before.
Corvex, Q4 2024: revenue $111K, net loss $4.6M, operating cash flow −$4.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $111K | +122% | — |
| Operating profit | −$4.7M | — | — |
| Net earnings | −$4.6M | — | — |
| Operating cash flow | −$4.6M | — | — |
What changed
Revenue was $111K in Q4 2024, up 122% from the previous quarter.
Operating costs exceeded revenue by $4.7M, an operating margin of -4227.0%. The quarter ended with a net loss of $4.6M, narrower than the previous quarter's $7.2M loss.
Operating cash flow was −$4.6M. Non-cash charges added back $38K of depreciation and amortization and $530K of share-based compensation. Working capital and other items used $507K. Capital expenditures of $5K exceeded it, leaving free cash flow of −$4.6M.
Questions
What was Corvex's revenue in the fourth quarter 2024?
Corvex (MOVE) reported revenue of $111K for the fourth quarter 2024 (Q4 2024) and +122% from the quarter before.
Source: Corvex 10-K on SEC EDGAR.