Filing Flows › Scilex Holding (SCLX) › Q4 2024
Scilex Holding (SCLX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Scilex Holding (SCLX) reported revenue of $14.9M for the fourth quarter 2024 (Q4 2024), +11% from a year earlier and +3% from the quarter before. Operating margin was -190.5%, net loss $6.5M (43.4% of revenue).
Scilex Holding, Q4 2024: revenue $14.9M (+11% year over year), operating margin -190.5%, net loss $6.5M, operating cash flow $2.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.9M | +3% | +11% |
| Operating profit | −$28.4M | — | — |
| Net earnings | −$6.5M | — | — |
| Operating cash flow | $2.5M | -50% | — |
What changed
Revenue was $14.9M in Q4 2024, up 11% year over year and up 3% from the previous quarter.
Operating costs exceeded revenue by $28.4M, an operating margin of -190.5%. Total costs grew 36% against revenue growth of 11%. The fastest-growing cost line was SG&A (+51%). The quarter ended with a net loss of $6.5M, wider than the previous quarter's $4.4M loss. Non-operating items added $21.9M, -339% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.5M. Non-cash charges added back $1.0M of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items added $3.2M.
Questions
What was Scilex Holding's revenue in the fourth quarter 2024?
Scilex Holding (SCLX) reported revenue of $14.9M for the fourth quarter 2024 (Q4 2024), +11% from a year earlier and +3% from the quarter before.
Was Scilex Holding profitable in the fourth quarter 2024?
Operating loss was $28.4M (-190.5% of revenue) and net loss $6.5M.
Source: Scilex Holding 10-K on SEC EDGAR.