Filing Flows › R F Industries (RFIL) › Q4 FY24
R F Industries (RFIL) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Jan 21, 2025
R F Industries (RFIL) reported revenue of $18.5M for the fourth quarter fiscal 2024 (Q4 FY24), +16% from a year earlier and +10% from the quarter before. Operating margin was 0.5%, net loss $238K (1.3% of revenue).
R F Industries, Q4 FY24: revenue $18.5M (+16% year over year), operating margin 0.5%, net loss $238K, operating cash flow −$244K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.5M | +10% | +16% |
| Operating profit | $96K | — | — |
| Net earnings | −$238K | — | — |
| Operating cash flow | −$244K | — | — |
What changed
Revenue was $18.5M in Q4 FY24, up 16% year over year and up 10% from the previous quarter.
Gross margin was 31.3%, up 3.0 points from a year earlier. Operating profit was $96K, a 0.5% margin (up 7.5 points year over year). Operating expenses grew 1% against revenue growth of 16%. The fastest-growing cost line was Research & development (+17%). The quarter ended with a net loss of $238K, narrower than the previous quarter's $705K loss. Net interest and other expense of $304K was the main reason.
Operating cash flow was −$244K. Non-cash charges added back $632K of depreciation and amortization and $180K of share-based compensation. Working capital and other items used $818K. Capital expenditures of $174K exceeded it, leaving free cash flow of −$418K.
Questions
What was R F Industries' revenue in the fourth quarter fiscal 2024?
R F Industries (RFIL) reported revenue of $18.5M for the fourth quarter fiscal 2024 (Q4 FY24), +16% from a year earlier and +10% from the quarter before.
Was R F Industries profitable in the fourth quarter fiscal 2024?
Operating profit was $96K (0.5% of revenue) and net loss $238K.
Source: R F Industries 10-K on SEC EDGAR.