Filing Flows › Powercompute (PWCM) › Q4 2024
Powercompute (PWCM) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Powercompute (PWCM) reported revenue of $2.0M for the fourth quarter 2024 (Q4 2024), -51% from a year earlier and +58% from the quarter before. Operating margin was 109.6%, net earnings $638K (32.1% of revenue).
Powercompute, Q4 2024: revenue $2.0M (-51% year over year), operating margin 109.6%, net earnings $638K, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0M | +58% | -51% |
| Operating profit | $2.2M | — | — |
| Net earnings | $638K | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $2.0M in Q4 2024, down 51% year over year and up 58% from the previous quarter.
Operating profit was $2.2M, a 109.6% margin (up 153.4 points year over year). Net earnings were $638K ($563K including minority interests, which bore $75K of losses). The effective tax rate was 0.0%.
Operating cash flow was −$3.3M. Non-cash charges added back $2.0M of depreciation and amortization. Working capital and other items used $5.8M. Capital expenditures of $504K exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Powercompute's revenue in the fourth quarter 2024?
Powercompute (PWCM) reported revenue of $2.0M for the fourth quarter 2024 (Q4 2024), -51% from a year earlier and +58% from the quarter before.
Was Powercompute profitable in the fourth quarter 2024?
Operating profit was $2.2M (109.6% of revenue) and net earnings $638K.
Source: Powercompute 10-K on SEC EDGAR.