Filing Flows › Syntec Optics Holdings (OPTX) › Q4 2024
Syntec Optics Holdings (OPTX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Oct 6, 2025
Syntec Optics Holdings (OPTX) reported revenue of $7.3M for the fourth quarter 2024 (Q4 2024), -11% from a year earlier and -7% from the quarter before. Operating margin was -19.6%, net loss $1.5M (21.0% of revenue).
Syntec Optics Holdings, Q4 2024: revenue $7.3M (-11% year over year), operating margin -19.6%, net loss $1.5M, operating cash flow $624K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.3M | -7% | -11% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | $624K | +49% | -63% |
| Free cash flow | $12K | -72% | -98% |
What changed
Revenue was $7.3M in Q4 2024, down 11% year over year and down 7% from the previous quarter. Products was the largest line at 95% of revenue.
Gross margin was 13.5%, down 10.6 points from a year earlier. Operating costs exceeded revenue by $1.4M, an operating margin of -19.6%. Operating expenses grew 25% against a revenue fall of 11%. The quarter ended with a net loss of $1.5M, wider than the previous quarter's $13K loss.
Operating cash flow was $624K (down 63% year over year). Non-cash charges added back $643K of depreciation and amortization. Working capital and other items added $1.5M. Capital expenditures of $612K left free cash flow of $12K.
Questions
What was Syntec Optics Holdings' revenue in the fourth quarter 2024?
Syntec Optics Holdings (OPTX) reported revenue of $7.3M for the fourth quarter 2024 (Q4 2024), -11% from a year earlier and -7% from the quarter before.
Was Syntec Optics Holdings profitable in the fourth quarter 2024?
Operating loss was $1.4M (-19.6% of revenue) and net loss $1.5M.