Filing Flows › NextPlat (NXPL) › Q4 2024
NextPlat (NXPL) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 24, 2025
NextPlat (NXPL) reported revenue of $16.2M for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and +6% from the quarter before. Operating margin was -14.1%, net loss $2.4M (14.9% of revenue).
NextPlat, Q4 2024: revenue $16.2M (-2% year over year), operating margin -14.1%, net loss $2.4M, operating cash flow −$476K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.2M | +6% | -2% |
| Operating profit | −$2.3M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | −$476K | — | — |
What changed
Revenue was $16.2M in Q4 2024, down 2% year over year and up 6% from the previous quarter.
Gross margin was 16.8%, down 14.8 points from a year earlier. Operating costs exceeded revenue by $2.3M, an operating margin of -14.1%. Operating expenses fell 75% while revenue fell 2%. The quarter ended with a net loss of $2.4M, narrower than the previous quarter's $7.7M loss.
Operating cash flow was −$476K. Non-cash charges added back $211K of depreciation and amortization. Working capital and other items added $1.7M. Capital expenditures of −$32K exceeded it, leaving free cash flow of −$444K.
Questions
What was NextPlat's revenue in the fourth quarter 2024?
NextPlat (NXPL) reported revenue of $16.2M for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and +6% from the quarter before.
Was NextPlat profitable in the fourth quarter 2024?
Operating loss was $2.3M (-14.1% of revenue) and net loss $2.4M.
Source: NextPlat 10-K on SEC EDGAR.