Filing Flows › Quarta-Rad (QURT) › Q4 2024
Quarta-Rad (QURT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Quarta-Rad (QURT) reported revenue of $37K for the fourth quarter 2024 (Q4 2024), -75% from a year earlier and +98% from the quarter before. Operating margin was -58.2%, net loss $60K (162.5% of revenue).
Quarta-Rad, Q4 2024: revenue $37K (-75% year over year), operating margin -58.2%, net loss $60K, operating cash flow $13K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $37K | +98% | -75% |
| Operating profit | −$22K | — | — |
| Net earnings | −$60K | — | — |
| Operating cash flow | $13K | — | — |
What changed
Revenue was $37K in Q4 2024, down 75% year over year and up 98% from the previous quarter. Sellavir Inc was the largest line at 81% of revenue.
Gross margin was 21.0%, down 14.8 points from a year earlier. Operating costs exceeded revenue by $22K, an operating margin of -58.2%. Operating expenses grew 282% against a revenue fall of 75%. The quarter ended with a net loss of $60K, wider than the previous quarter's $3K loss.
Operating cash flow was $13K. Non-cash charges added back $0K of depreciation. Working capital and other items added $73K.
Questions
What was Quarta-Rad's revenue in the fourth quarter 2024?
Quarta-Rad (QURT) reported revenue of $37K for the fourth quarter 2024 (Q4 2024), -75% from a year earlier and +98% from the quarter before.
Was Quarta-Rad profitable in the fourth quarter 2024?
Operating loss was $22K (-58.2% of revenue) and net loss $60K.
Source: Quarta-Rad 10-K on SEC EDGAR.