Filing Flows › Nocera (NCRA) › Q4 2024
Nocera (NCRA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed May 6, 2025
Nocera (NCRA) reported revenue of $4.0M for the fourth quarter 2024 (Q4 2024), -46% from a year earlier and +193% from the quarter before. Operating margin was -30.8%, net loss $1.2M (30.8% of revenue).
Nocera, Q4 2024: revenue $4.0M (-46% year over year), operating margin -30.8%, net loss $1.2M, operating cash flow −$665K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0M | +193% | -46% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$665K | — | — |
What changed
Revenue was $4.0M in Q4 2024, down 46% year over year and up 193% from the previous quarter.
Gross margin was 4.3%, up 3.8 points from a year earlier. Operating costs exceeded revenue by $1.2M, an operating margin of -30.8%. Operating expenses fell 51% while revenue fell 46%. The fastest-growing cost line was General & admin (+92%). The quarter ended with a net loss of $1.2M, wider than the previous quarter's $298K loss.
Operating cash flow was −$665K. Non-cash charges added back $18K of depreciation and amortization and $15K of share-based compensation. Working capital and other items added $533K.
Questions
What was Nocera's revenue in the fourth quarter 2024?
Nocera (NCRA) reported revenue of $4.0M for the fourth quarter 2024 (Q4 2024), -46% from a year earlier and +193% from the quarter before.
Was Nocera profitable in the fourth quarter 2024?
Operating loss was $1.2M (-30.8% of revenue) and net loss $1.2M.
Source: Nocera 10-K on SEC EDGAR.