Filing Flows › M-tron Industries (MPTI) › Q4 2024
M-tron Industries (MPTI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 27, 2025
M-tron Industries (MPTI) reported revenue of $12.8M for the fourth quarter 2024 (Q4 2024), +19% from a year earlier and -3% from the quarter before. Operating margin was 20.1%, net earnings $2.1M (16.7% of revenue).
M-tron Industries, Q4 2024: revenue $12.8M (+19% year over year), operating margin 20.1%, net earnings $2.1M, operating cash flow $1.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.8M | -3% | +19% |
| Operating profit | $2.6M | -12% | — |
| Net earnings | $2.1M | -6% | 29× |
| Operating cash flow | $1.8M | -19% | -15% |
| Free cash flow | $1.4M | -22% | -2% |
What changed
Revenue was $12.8M in Q4 2024, up 19% year over year and down 3% from the previous quarter.
Operating profit was $2.6M, a 20.1% margin (up 20.7 points year over year). Total costs fell 6% while revenue rose 19%. The fastest-growing cost line was Research & development (+33%). Net earnings were $2.1M, up 2830% year over year. The effective tax rate was 22.4%.
Operating cash flow was $1.8M (down 15% year over year), 85% of net earnings. Non-cash charges added back $251K of depreciation and amortization and $151K of share-based compensation. Working capital and other items used $727K. Capital expenditures of $425K left free cash flow of $1.4M.
Questions
What was M-tron Industries' revenue in the fourth quarter 2024?
M-tron Industries (MPTI) reported revenue of $12.8M for the fourth quarter 2024 (Q4 2024), +19% from a year earlier and -3% from the quarter before.
Was M-tron Industries profitable in the fourth quarter 2024?
Operating profit was $2.6M (20.1% of revenue) and net earnings $2.1M.
Source: M-tron Industries 10-K on SEC EDGAR.