Filing Flows › Paid (PAYD) › Q4 2024
Paid (PAYD) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Paid (PAYD) reported revenue of $5.4M for the fourth quarter 2024 (Q4 2024), +19% from a year earlier and +21% from the quarter before. Operating margin was -4.3%, net loss $173K (3.2% of revenue).
Paid, Q4 2024: revenue $5.4M (+19% year over year), operating margin -4.3%, net loss $173K, operating cash flow $590K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4M | +21% | +19% |
| Operating profit | −$230K | — | — |
| Net earnings | −$173K | — | — |
| Operating cash flow | $590K | — | +118% |
What changed
Revenue was $5.4M in Q4 2024, up 19% year over year and up 21% from the previous quarter.
Gross margin was 16.0%, down 7.1 points from a year earlier. Operating costs exceeded revenue by $230K, an operating margin of -4.3%. Operating expenses grew 1% against revenue growth of 19%. The fastest-growing cost line was General & admin (+68%). The quarter ended with a net loss of $173K, wider than the previous quarter's $134K loss.
Operating cash flow was $590K (up 118% year over year). Non-cash charges added back $74K of depreciation and amortization and $191K of share-based compensation. Working capital and other items added $498K. Capital expenditures of −$0K left free cash flow of $590K.
Questions
What was Paid's revenue in the fourth quarter 2024?
Paid (PAYD) reported revenue of $5.4M for the fourth quarter 2024 (Q4 2024), +19% from a year earlier and +21% from the quarter before.
Was Paid profitable in the fourth quarter 2024?
Operating loss was $230K (-4.3% of revenue) and net loss $173K.
Source: Paid 10-K on SEC EDGAR.