Filing Flows › Nixxy (NIXX) › Q4 2024
Nixxy (NIXX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Nixxy (NIXX) reported revenue of $121K for the fourth quarter 2024 (Q4 2024), -32% from a year earlier and -11% from the quarter before.
Nixxy, Q4 2024: revenue $121K (-32% year over year), net loss $7.5M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $121K | -11% | -32% |
| Operating profit | −$7.4M | — | — |
| Net earnings | −$7.5M | — | — |
| Operating cash flow | −$2.4M | — | — |
What changed
Revenue was $121K in Q4 2024, down 32% year over year and down 11% from the previous quarter.
Operating costs exceeded revenue by $7.4M, an operating margin of -6161.3%. Total costs grew 315% against a revenue fall of 32%. The fastest-growing cost line was Other operating costs (+1430%). The quarter ended with a net loss of $7.5M, narrower than the previous quarter's $13.3M loss.
Operating cash flow was −$2.4M. Non-cash charges added back $211K of depreciation and amortization and $427K of share-based compensation. Working capital and other items added $4.5M.
Questions
What was Nixxy's revenue in the fourth quarter 2024?
Nixxy (NIXX) reported revenue of $121K for the fourth quarter 2024 (Q4 2024), -32% from a year earlier and -11% from the quarter before.
Source: Nixxy 10-K on SEC EDGAR.