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RTB Digital (RTB) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 28, 2025

RTB Digital (RTB) reported revenue of $14.7M for the fourth quarter 2024 (Q4 2024), -34% from a year earlier and +17% from the quarter before. Operating margin was -38.1%, net loss $6.9M (46.5% of revenue).

Revenue$14.7M
Year over year-34%
Quarter over quarter+17%
Operating margin-38.1%
Net earnings−$6.9M

RTB Digital, Q4 2024: revenue $14.7M (-34% year over year), operating margin -38.1%, net loss $6.9M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$14.7M+17%-34%
Operating profit−$5.6M——
Net earnings−$6.9M——
Operating cash flow$2.1M-87%-63%
Free cash flow$2.1M-87%-63%

What changed

Revenue was $14.7M in Q4 2024, down 34% year over year and up 17% from the previous quarter.

Gross margin was 39.3%, up 4.3 points from a year earlier. Operating costs exceeded revenue by $5.6M, an operating margin of -38.1%. Operating expenses grew 7% against a revenue fall of 34%. The fastest-growing cost line was Other operating costs (+19%). The quarter ended with a net loss of $6.9M, wider than the previous quarter's $5.2M loss.

Operating cash flow was $2.1M (down 63% year over year). Non-cash charges added back $438K of depreciation and amortization and $82K of share-based compensation. Working capital and other items added $8.4M. Capital expenditures of $13K left free cash flow of $2.1M.

Questions

What was RTB Digital's revenue in the fourth quarter 2024?

RTB Digital (RTB) reported revenue of $14.7M for the fourth quarter 2024 (Q4 2024), -34% from a year earlier and +17% from the quarter before.

Was RTB Digital profitable in the fourth quarter 2024?

Operating loss was $5.6M (-38.1% of revenue) and net loss $6.9M.

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Source: RTB Digital 10-K on SEC EDGAR.