Filing Flows › Prairie Operating (PROP) › Q4 2024
Prairie Operating (PROP) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 6, 2025
Prairie Operating (PROP) reported revenue of $7.9M for the fourth quarter 2024 (Q4 2024), +774% from a year earlier. Operating margin was -13.7%, net loss $11.9M (150.4% of revenue).
Prairie Operating, Q4 2024: revenue $7.9M (+774% year over year), operating margin -13.7%, net loss $11.9M, operating cash flow −$3.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.9M | — | +774% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$11.9M | — | — |
| Operating cash flow | −$3.7M | — | — |
What changed
Revenue was $7.9M in Q4 2024, up 774% year over year.
Operating costs exceeded revenue by $1.1M, an operating margin of -13.7%. Total costs fell 64% while revenue rose 774%. The quarter ended with a net loss of $11.9M. Net interest and other expense of $10.9M was the main reason.
Operating cash flow was −$3.7M. Non-cash charges added back $426K of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $5.3M. Capital expenditures of $19.8M exceeded it, leaving free cash flow of −$23.5M.
Questions
What was Prairie Operating's revenue in the fourth quarter 2024?
Prairie Operating (PROP) reported revenue of $7.9M for the fourth quarter 2024 (Q4 2024), +774% from a year earlier.
Was Prairie Operating profitable in the fourth quarter 2024?
Operating loss was $1.1M (-13.7% of revenue) and net loss $11.9M.
Source: Prairie Operating 10-K on SEC EDGAR.