Filing Flows › Sbig Holdings (SBIG) › Q4 2024
Sbig Holdings (SBIG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 28, 2025
Sbig Holdings (SBIG) reported revenue of $5.7M for the fourth quarter 2024 (Q4 2024), -16% from a year earlier and -7% from the quarter before. Operating margin was -3.8%, net loss $1.1M (19.2% of revenue).
Sbig Holdings, Q4 2024: revenue $5.7M (-16% year over year), operating margin -3.8%, net loss $1.1M, operating cash flow $381K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7M | -7% | -16% |
| Operating profit | −$216K | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | $381K | -35% | — |
What changed
Revenue was $5.7M in Q4 2024, down 16% year over year and down 7% from the previous quarter.
Gross margin was 73.5%, up 3.3 points from a year earlier. Operating costs exceeded revenue by $216K, an operating margin of -3.8%. Operating expenses fell 36% while revenue fell 16%. The quarter ended with a net loss of $1.1M, wider than the previous quarter's $554K loss. Net interest and other expense of $873K was the main reason.
Operating cash flow was $381K. Non-cash charges added back $37K of depreciation and amortization and $164K of share-based compensation. Working capital and other items added $1.3M.
Questions
What was Sbig Holdings' revenue in the fourth quarter 2024?
Sbig Holdings (SBIG) reported revenue of $5.7M for the fourth quarter 2024 (Q4 2024), -16% from a year earlier and -7% from the quarter before.
Was Sbig Holdings profitable in the fourth quarter 2024?
Operating loss was $216K (-3.8% of revenue) and net loss $1.1M.
Source: Sbig Holdings 10-K on SEC EDGAR.