Filing Flows › Nuwellis (NUWE) › Q4 2024
Nuwellis (NUWE) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 11, 2025
Nuwellis (NUWE) reported revenue of $2.3M for the fourth quarter 2024 (Q4 2024), -9% from a year earlier and -2% from the quarter before. Operating margin was -102.8%, net loss $1.5M (63.2% of revenue).
Nuwellis, Q4 2024: revenue $2.3M (-9% year over year), operating margin -102.8%, net loss $1.5M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3M | -2% | -9% |
| Operating profit | −$2.4M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $2.3M in Q4 2024, down 9% year over year and down 2% from the previous quarter.
Gross margin was 58.4%, up 3.9 points from a year earlier. Operating costs exceeded revenue by $2.4M, an operating margin of -102.8%. Operating expenses fell 25% while revenue fell 9%. The quarter ended with a net loss of $1.5M, after a profit of $2.4M the previous quarter. Non-operating items added $920K, -63% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.5M. Non-cash charges added back $83K of depreciation and amortization and $104K of share-based compensation. Working capital and other items used $223K. Capital expenditures of $23K exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Nuwellis' revenue in the fourth quarter 2024?
Nuwellis (NUWE) reported revenue of $2.3M for the fourth quarter 2024 (Q4 2024), -9% from a year earlier and -2% from the quarter before.
Was Nuwellis profitable in the fourth quarter 2024?
Operating loss was $2.4M (-102.8% of revenue) and net loss $1.5M.
Source: Nuwellis 10-K on SEC EDGAR.