Filing Flows › Planet Green Holdings (PLAG) › Q4 2024
Planet Green Holdings (PLAG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 11, 2025
Planet Green Holdings (PLAG) reported revenue of $1.4M for the fourth quarter 2024 (Q4 2024), -88% from a year earlier and -20% from the quarter before. Operating margin was -237.3%, net loss $3.3M (231.9% of revenue).
Planet Green Holdings, Q4 2024: revenue $1.4M (-88% year over year), operating margin -237.3%, net loss $3.3M, operating cash flow $880K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4M | -20% | -88% |
| Operating profit | −$3.4M | — | — |
| Net earnings | −$3.3M | — | — |
| Operating cash flow | $880K | +24% | — |
What changed
Revenue was $1.4M in Q4 2024, down 88% year over year and down 20% from the previous quarter.
Gross margin was 14.9%, up 6.7 points from a year earlier. Operating costs exceeded revenue by $3.4M, an operating margin of -237.3%. Operating expenses fell 40% while revenue fell 88%. The quarter ended with a net loss of $3.3M, wider than the previous quarter's $1.2M loss.
Operating cash flow was $880K. Working capital and other items added $4.2M. Capital expenditures of −$19K left free cash flow of $899K.
Questions
What was Planet Green Holdings' revenue in the fourth quarter 2024?
Planet Green Holdings (PLAG) reported revenue of $1.4M for the fourth quarter 2024 (Q4 2024), -88% from a year earlier and -20% from the quarter before.
Was Planet Green Holdings profitable in the fourth quarter 2024?
Operating loss was $3.4M (-237.3% of revenue) and net loss $3.3M.