Filing Flows › Olenox Industries (OLOX) › Q4 2024
Olenox Industries (OLOX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 1, 2025
Olenox Industries (OLOX) reported revenue of $1.0M for the fourth quarter 2024 (Q4 2024), -47% from a year earlier and -40% from the quarter before. Operating margin was -448.7%, net loss $6.6M (633.6% of revenue).
Olenox Industries, Q4 2024: revenue $1.0M (-47% year over year), operating margin -448.7%, net loss $6.6M, operating cash flow −$981K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0M | -40% | -47% |
| Operating profit | −$4.7M | — | — |
| Net earnings | −$6.6M | — | — |
| Operating cash flow | −$981K | — | — |
What changed
Revenue was $1.0M in Q4 2024, down 47% year over year and down 40% from the previous quarter.
Operating costs exceeded revenue by $4.7M, an operating margin of -448.7%. Total costs fell 66% while revenue fell 47%. The quarter ended with a net loss of $6.6M, wider than the previous quarter's $3.7M loss. Minority interests bore $91K of it: to shareholders the quarter was a loss of $6.5M.
Operating cash flow was −$1.0M. Non-cash charges added back $327K of depreciation and amortization and $97K of share-based compensation. Working capital and other items added $5.2M. Capital expenditures of $82K exceeded it, leaving free cash flow of −$1.1M.
Questions
What was Olenox Industries' revenue in the fourth quarter 2024?
Olenox Industries (OLOX) reported revenue of $1.0M for the fourth quarter 2024 (Q4 2024), -47% from a year earlier and -40% from the quarter before.
Was Olenox Industries profitable in the fourth quarter 2024?
Operating loss was $4.7M (-448.7% of revenue) and net loss $6.6M.
Source: Olenox Industries 10-K on SEC EDGAR.