Filing Flows › Omniq (OMQS) › Q4 2024
Omniq (OMQS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Omniq (OMQS) reported revenue of $17.6M for the fourth quarter 2024 (Q4 2024), +10% from a year earlier and -5% from the quarter before. Operating margin was -20.2%, net loss $3.3M (18.5% of revenue).
Omniq, Q4 2024: revenue $17.6M (+10% year over year), operating margin -20.2%, net loss $3.3M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.6M | -5% | +10% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$3.3M | — | — |
| Operating cash flow | $2.1M | -45% | -24% |
What changed
Revenue was $17.6M in Q4 2024, up 10% year over year and down 5% from the previous quarter.
Gross margin was 8.3%, down 4.7 points from a year earlier. Operating costs exceeded revenue by $3.6M, an operating margin of -20.2%. Operating expenses fell 76% while revenue rose 10%. The quarter ended with a net loss of $3.3M, wider than the previous quarter's $1.6M loss.
Operating cash flow was $2.1M (down 24% year over year). Non-cash charges added back $307K of depreciation and amortization and $6K of share-based compensation. Working capital and other items added $5.1M.
Questions
What was Omniq's revenue in the fourth quarter 2024?
Omniq (OMQS) reported revenue of $17.6M for the fourth quarter 2024 (Q4 2024), +10% from a year earlier and -5% from the quarter before.
Was Omniq profitable in the fourth quarter 2024?
Operating loss was $3.6M (-20.2% of revenue) and net loss $3.3M.
Source: Omniq 10-K on SEC EDGAR.