Filing Flows › Marvion (MVNC) › Q4 2024
Marvion (MVNC) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 25, 2025
Marvion (MVNC) reported revenue of $525K for the fourth quarter 2024 (Q4 2024), +107% from a year earlier and +34% from the quarter before. Operating margin was -73.4%, net loss $469K (89.5% of revenue).
Marvion, Q4 2024: revenue $525K (+107% year over year), operating margin -73.4%, net loss $469K, operating cash flow −$37K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $525K | +34% | +107% |
| Operating profit | −$385K | — | — |
| Net earnings | −$469K | — | — |
| Operating cash flow | −$37K | — | — |
What changed
Revenue was $525K in Q4 2024, up 107% year over year and up 34% from the previous quarter.
Gross margin was 49.8%, up 27.4 points from a year earlier. Operating costs exceeded revenue by $385K, an operating margin of -73.4%. Operating expenses grew 483% against revenue growth of 107%. The quarter ended with a net loss of $469K, wider than the previous quarter's $379K loss.
Operating cash flow was −$37K. Non-cash charges added back $33K of depreciation. Working capital and other items added $400K. Capital expenditures of −$208K left free cash flow of $171K.
Questions
What was Marvion's revenue in the fourth quarter 2024?
Marvion (MVNC) reported revenue of $525K for the fourth quarter 2024 (Q4 2024), +107% from a year earlier and +34% from the quarter before.
Was Marvion profitable in the fourth quarter 2024?
Operating loss was $385K (-73.4% of revenue) and net loss $469K.
Source: Marvion 10-K on SEC EDGAR.