Filing Flows › Reliability (RLBY) › Q4 2024
Reliability (RLBY) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Reliability (RLBY) reported revenue of $6.4M for the fourth quarter 2024 (Q4 2024), +18% from a year earlier and +3% from the quarter before. Operating margin was -2.5%, net loss $260K (4.1% of revenue).
Reliability, Q4 2024: revenue $6.4M (+18% year over year), operating margin -2.5%, net loss $260K, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.4M | +3% | +18% |
| Operating profit | −$162K | — | — |
| Net earnings | −$260K | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $6.4M in Q4 2024, up 18% year over year and up 3% from the previous quarter.
Gross margin was 13.2%, down 1.8 points from a year earlier. Operating costs exceeded revenue by $162K, an operating margin of -2.5%. Operating expenses grew 7% against revenue growth of 18%. The quarter ended with a net loss of $260K, wider than the previous quarter's $66K loss. Non-operating items added $29K, -22% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.4M. Non-cash charges added back $8K of depreciation and amortization. Working capital and other items used $1.1M. Capital expenditures of $10K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Reliability's revenue in the fourth quarter 2024?
Reliability (RLBY) reported revenue of $6.4M for the fourth quarter 2024 (Q4 2024), +18% from a year earlier and +3% from the quarter before.
Was Reliability profitable in the fourth quarter 2024?
Operating loss was $162K (-2.5% of revenue) and net loss $260K.
Source: Reliability 10-K on SEC EDGAR.