Filing Flows › Nocopi Technologies (NNUP) › Q4 2024
Nocopi Technologies (NNUP) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 25, 2025
Nocopi Technologies (NNUP) reported revenue of $592K for the fourth quarter 2024 (Q4 2024), +86% from a year earlier and -11% from the quarter before. Operating margin was -87.1%, net loss $394K (66.6% of revenue).
Nocopi Technologies, Q4 2024: revenue $592K (+86% year over year), operating margin -87.1%, net loss $394K, operating cash flow −$101K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $592K | -11% | +86% |
| Operating profit | −$516K | — | — |
| Net earnings | −$394K | — | — |
| Operating cash flow | −$101K | — | — |
What changed
Revenue was $592K in Q4 2024, up 86% year over year and down 11% from the previous quarter.
Gross margin was 54.7%, up 5.9 points from a year earlier. Operating costs exceeded revenue by $516K, an operating margin of -87.1%. Operating expenses fell 39% while revenue rose 86%. The fastest-growing cost line was Sales & marketing (+65%). The quarter ended with a net loss of $394K, wider than the previous quarter's $251K loss. Non-operating items added $122K, -31% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$101K. Non-cash charges added back $4K of depreciation and amortization and $291K of share-based compensation.
Questions
What was Nocopi Technologies' revenue in the fourth quarter 2024?
Nocopi Technologies (NNUP) reported revenue of $592K for the fourth quarter 2024 (Q4 2024), +86% from a year earlier and -11% from the quarter before.
Was Nocopi Technologies profitable in the fourth quarter 2024?
Operating loss was $516K (-87.1% of revenue) and net loss $394K.