Filing Flows › OneMedNet (ONMD) › Q4 2024
OneMedNet (ONMD) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
OneMedNet (ONMD) reported revenue of $26K for the fourth quarter 2024 (Q4 2024), -92% from a year earlier and -82% from the quarter before.
OneMedNet, Q4 2024: revenue $26K (-92% year over year), net loss $2.4M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26K | -82% | -92% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $26K in Q4 2024, down 92% year over year and down 82% from the previous quarter.
Operating costs exceeded revenue by $2.7M, an operating margin of -10446.2%. The fastest-growing cost line was General & admin (+100%). The quarter ended with a net loss of $2.4M, wider than the previous quarter's $2.1M loss.
Operating cash flow was −$2.0M. Non-cash charges added back $26K of depreciation and amortization and $181K of share-based compensation. Working capital and other items added $170K. Capital expenditures of $35K exceeded it, leaving free cash flow of −$2.0M.
Questions
What was OneMedNet's revenue in the fourth quarter 2024?
OneMedNet (ONMD) reported revenue of $26K for the fourth quarter 2024 (Q4 2024), -92% from a year earlier and -82% from the quarter before.
Source: OneMedNet 10-K on SEC EDGAR.