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Prokidney (PROK) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 17, 2025

Prokidney (PROK) reported revenue of $76K for the fourth quarter 2024 (Q4 2024).

Revenue$76K
Year over year—
Quarter over quarter—
Operating margin—
Net earnings−$48.5M

Prokidney, Q4 2024: revenue $76K, net loss $48.5M, operating cash flow −$24.2M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$76K——
Operating profit−$51.6M——
Net earnings−$48.5M——
Operating cash flow−$24.2M——

What changed

Revenue was $76K in Q4 2024.

Operating costs exceeded revenue by $51.6M, an operating margin of -67856.6%. The quarter ended with a net loss of $48.5M. Minority interests bore $27.2M of it: to shareholders the quarter was a loss of $21.3M.

Operating cash flow was −$24.2M. Non-cash charges added back $1.6M of depreciation and amortization and $6.9M of share-based compensation. Working capital and other items added $15.8M. Capital expenditures of $25.5M exceeded it, leaving free cash flow of −$49.7M.

Questions

What was Prokidney's revenue in the fourth quarter 2024?

Prokidney (PROK) reported revenue of $76K for the fourth quarter 2024 (Q4 2024).

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Source: Prokidney 10-K on SEC EDGAR.