Filing Flows › Eightco Holdings (ORBS) › Q4 2024
Eightco Holdings (ORBS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Eightco Holdings (ORBS) reported revenue of $15.3M for the fourth quarter 2024 (Q4 2024), -1% from a year earlier and +100% from the quarter before. Operating margin was -12.0%, net loss $2.5M (16.4% of revenue).
Eightco Holdings, Q4 2024: revenue $15.3M (-1% year over year), operating margin -12.0%, net loss $2.5M, operating cash flow −$5.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.3M | +100% | -1% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$2.5M | — | — |
| Operating cash flow | −$5.6M | — | — |
What changed
Revenue was $15.3M in Q4 2024, down 1% year over year and up 100% from the previous quarter.
Gross margin was 1.8%, down 7.2 points from a year earlier. Operating costs exceeded revenue by $1.8M, an operating margin of -12.0%. Operating expenses fell 52% while revenue fell 1%. The quarter ended with a net loss of $2.5M, narrower than the previous quarter's $3.2M loss.
Operating cash flow was −$5.6M. Non-cash charges added back $624K of depreciation and amortization. Working capital and other items used $3.7M. Capital expenditures of −$0K exceeded it, leaving free cash flow of −$5.6M.
Questions
What was Eightco Holdings' revenue in the fourth quarter 2024?
Eightco Holdings (ORBS) reported revenue of $15.3M for the fourth quarter 2024 (Q4 2024), -1% from a year earlier and +100% from the quarter before.
Was Eightco Holdings profitable in the fourth quarter 2024?
Operating loss was $1.8M (-12.0% of revenue) and net loss $2.5M.
Source: Eightco Holdings 10-K on SEC EDGAR.