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Royale Energy (ROYL) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Apr 9, 2025

Royale Energy (ROYL) reported revenue of $500K for the fourth quarter 2024 (Q4 2024), -26% from a year earlier and -11% from the quarter before. Operating margin was -5.8%, net loss $94K (18.8% of revenue).

Revenue$500K
Year over year-26%
Quarter over quarter-11%
Operating margin-5.8%
Net earnings−$94K

Royale Energy, Q4 2024: revenue $500K (-26% year over year), operating margin -5.8%, net loss $94K, operating cash flow −$830K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$500K-11%-26%
Operating profit−$29K——
Net earnings−$94K——
Operating cash flow−$830K——

What changed

Revenue was $500K in Q4 2024, down 26% year over year and down 11% from the previous quarter.

Operating costs exceeded revenue by $29K, an operating margin of -5.8%. Total costs fell 74% while revenue fell 26%. The quarter ended with a net loss of $94K, narrower than the previous quarter's $1.2M loss. Net interest and other expense of $65K was the main reason.

Operating cash flow was −$830K. Non-cash charges added back $55K of depreciation and amortization. Working capital and other items used $790K. Capital expenditures of $208K exceeded it, leaving free cash flow of −$1.0M.

Questions

What was Royale Energy's revenue in the fourth quarter 2024?

Royale Energy (ROYL) reported revenue of $500K for the fourth quarter 2024 (Q4 2024), -26% from a year earlier and -11% from the quarter before.

Was Royale Energy profitable in the fourth quarter 2024?

Operating loss was $29K (-5.8% of revenue) and net loss $94K.

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Source: Royale Energy 10-K on SEC EDGAR.