Filing Flows › Scientific Industries (SCND) › Q4 2024
Scientific Industries (SCND) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Scientific Industries (SCND) reported revenue of $2.8M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +2% from the quarter before. Operating margin was -69.5%, net loss $1.9M (68.6% of revenue).
Scientific Industries, Q4 2024: revenue $2.8M (+3% year over year), operating margin -69.5%, net loss $1.9M, operating cash flow −$379K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | +2% | +3% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$379K | — | — |
What changed
Revenue was $2.8M in Q4 2024, up 3% year over year and up 2% from the previous quarter.
Gross margin was 36.9%, down 8.2 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -69.5%. Operating expenses fell 16% while revenue rose 3%. The fastest-growing cost line was Sales & marketing (+27%). The quarter ended with a net loss of $1.9M, wider than the previous quarter's $1.2M loss.
Operating cash flow was −$379K. Non-cash charges added back $185K of depreciation and amortization and $316K of share-based compensation. Working capital and other items added $1.1M. Capital expenditures of $23K exceeded it, leaving free cash flow of −$402K.
Questions
What was Scientific Industries' revenue in the fourth quarter 2024?
Scientific Industries (SCND) reported revenue of $2.8M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +2% from the quarter before.
Was Scientific Industries profitable in the fourth quarter 2024?
Operating loss was $2.0M (-69.5% of revenue) and net loss $1.9M.