Filing Flows › Odysight.ai (ODYS) › Q4 2024
Odysight.ai (ODYS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 26, 2025
Odysight.ai (ODYS) reported revenue of $1.3M for the fourth quarter 2024 (Q4 2024), -33% from a year earlier and +0.9% from the quarter before. Operating margin was -288.6%, net loss $3.6M (272.7% of revenue).
Odysight.ai, Q4 2024: revenue $1.3M (-33% year over year), operating margin -288.6%, net loss $3.6M, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | +0.9% | -33% |
| Operating profit | −$3.8M | — | — |
| Net earnings | −$3.6M | — | — |
| Operating cash flow | −$2.7M | — | — |
What changed
Revenue was $1.3M in Q4 2024, down 33% year over year and up 1% from the previous quarter.
Gross margin was 35.4%, down 19.6 points from a year earlier. Operating costs exceeded revenue by $3.8M, an operating margin of -288.6%. Operating expenses grew 44% against a revenue fall of 33%. The fastest-growing cost line was Sales & marketing (+78%). The quarter ended with a net loss of $3.6M, wider than the previous quarter's $2.9M loss.
Operating cash flow was −$2.7M. Non-cash charges added back $31K of depreciation and $886K of share-based compensation. Capital expenditures of $15K exceeded it, leaving free cash flow of −$2.7M.
Questions
What was Odysight.ai's revenue in the fourth quarter 2024?
Odysight.ai (ODYS) reported revenue of $1.3M for the fourth quarter 2024 (Q4 2024), -33% from a year earlier and +0.9% from the quarter before.
Was Odysight.ai profitable in the fourth quarter 2024?
Operating loss was $3.8M (-288.6% of revenue) and net loss $3.6M.
Source: Odysight.ai 10-K on SEC EDGAR.