Filing Flows › OpenWorld (OPNW) › Q4 2024
OpenWorld (OPNW) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 12, 2025
OpenWorld (OPNW) reported revenue of $7.7M for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and +41% from the quarter before. Operating margin was -4.4%, net loss $501K (6.5% of revenue).
OpenWorld, Q4 2024: revenue $7.7M (-12% year over year), operating margin -4.4%, net loss $501K, operating cash flow $569K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.7M | +41% | -12% |
| Operating profit | −$337K | — | — |
| Net earnings | −$501K | — | — |
| Operating cash flow | $569K | — | -33% |
What changed
Revenue was $7.7M in Q4 2024, down 12% year over year and up 41% from the previous quarter. Proactive Services was the largest line at 88% of revenue.
Gross margin was 31.5%, down 1.4 points from a year earlier. Operating costs exceeded revenue by $337K, an operating margin of -4.4%. Operating expenses fell 2% while revenue fell 12%. The fastest-growing cost line was Sales & marketing (+50%). The quarter ended with a net loss of $501K, narrower than the previous quarter's $2.4M loss.
Operating cash flow was $569K (down 33% year over year). Non-cash charges added back $307K of depreciation and amortization. Working capital and other items added $763K.
Questions
What was OpenWorld's revenue in the fourth quarter 2024?
OpenWorld (OPNW) reported revenue of $7.7M for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and +41% from the quarter before.
Was OpenWorld profitable in the fourth quarter 2024?
Operating loss was $337K (-4.4% of revenue) and net loss $501K.
Source: OpenWorld 10-K on SEC EDGAR.