Filing Flows › Quotemedia (QMCI) › Q4 2024
Quotemedia (QMCI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Quotemedia (QMCI) reported revenue of $4.7M for the fourth quarter 2024 (Q4 2024), +0.2% from a year earlier and -0.1% from the quarter before. Operating margin was -12.0%, net loss $607K (12.9% of revenue).
Quotemedia, Q4 2024: revenue $4.7M (+0.2% year over year), operating margin -12.0%, net loss $607K, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7M | -0.1% | +0.2% |
| Operating profit | −$561K | — | — |
| Net earnings | −$607K | — | — |
| Operating cash flow | $1.1M | +14% | +219% |
| Free cash flow | $1.1M | +14% | +228% |
What changed
Revenue was $4.7M in Q4 2024, roughly flat year over year and roughly flat from the previous quarter.
Gross margin was 45.0%, down 5.4 points from a year earlier. Operating costs exceeded revenue by $561K, an operating margin of -12.0%. Operating expenses grew 17% against flat revenue. The fastest-growing cost line was General & admin (+29%). The quarter ended with a net loss of $607K, wider than the previous quarter's $441K loss. Non-operating items added $99K, -21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.1M (up 219% year over year). Non-cash charges added back $797K of depreciation and amortization and $5K of share-based compensation. Working capital and other items added $910K. Capital expenditures of $3K left free cash flow of $1.1M.
Questions
What was Quotemedia's revenue in the fourth quarter 2024?
Quotemedia (QMCI) reported revenue of $4.7M for the fourth quarter 2024 (Q4 2024), +0.2% from a year earlier and -0.1% from the quarter before.
Was Quotemedia profitable in the fourth quarter 2024?
Operating loss was $561K (-12.0% of revenue) and net loss $607K.
Source: Quotemedia 10-K on SEC EDGAR.