Filing Flows › Presurance Holdings (PRHI) › Q4 2024
Presurance Holdings (PRHI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 28, 2025
Presurance Holdings (PRHI) reported revenue of $14.7M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and -8% from the quarter before. Operating margin was -178.6%, net loss $25.4M (172.4% of revenue).
Presurance Holdings, Q4 2024: revenue $14.7M (-10% year over year), operating margin -178.6%, net loss $25.4M, operating cash flow −$20.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.7M | -8% | -10% |
| Operating profit | −$26.3M | — | — |
| Net earnings | −$25.4M | — | — |
| Operating cash flow | −$20.0M | — | — |
What changed
Revenue was $14.7M in Q4 2024, down 10% year over year and down 8% from the previous quarter.
Operating costs exceeded revenue by $26.3M, an operating margin of -178.6%. Total costs grew 13% against a revenue fall of 10%. The quarter ended with a net loss of $25.4M, after a profit of $53.3M the previous quarter.
Operating cash flow was −$20.0M. Non-cash charges added back $16K of share-based compensation. Working capital and other items added $5.4M.
Questions
What was Presurance Holdings' revenue in the fourth quarter 2024?
Presurance Holdings (PRHI) reported revenue of $14.7M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and -8% from the quarter before.
Was Presurance Holdings profitable in the fourth quarter 2024?
Operating loss was $26.3M (-178.6% of revenue) and net loss $25.4M.