Filing Flows › Myomo (MYO) › Q4 2024
Myomo (MYO) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 10, 2025
Myomo (MYO) reported revenue of $12.1M for the fourth quarter 2024 (Q4 2024), +154% from a year earlier and +31% from the quarter before. Operating margin was -2.0%, net loss $260K (2.2% of revenue).
Myomo, Q4 2024: revenue $12.1M (+154% year over year), operating margin -2.0%, net loss $260K, operating cash flow $3.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.1M | +31% | +154% |
| Operating profit | −$245K | — | — |
| Net earnings | −$260K | — | — |
| Operating cash flow | $3.4M | — | — |
| Free cash flow | $2.5M | — | — |
What changed
Revenue was $12.1M in Q4 2024, up 154% year over year and up 31% from the previous quarter.
Gross margin was 71.4%, up 6.1 points from a year earlier. Operating costs exceeded revenue by $245K, an operating margin of -2.0%. Operating expenses grew 60% against revenue growth of 154%. The fastest-growing cost line was Research & development (+78%). The quarter ended with a net loss of $260K, narrower than the previous quarter's $1.0M loss. Non-operating items added $70K, -40% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $3.4M. Non-cash charges added back $92K of depreciation and $322K of share-based compensation. Working capital and other items added $3.2M. Capital expenditures of $860K left free cash flow of $2.5M.
Questions
What was Myomo's revenue in the fourth quarter 2024?
Myomo (MYO) reported revenue of $12.1M for the fourth quarter 2024 (Q4 2024), +154% from a year earlier and +31% from the quarter before.
Was Myomo profitable in the fourth quarter 2024?
Operating loss was $245K (-2.0% of revenue) and net loss $260K.
Source: Myomo 10-K on SEC EDGAR.