Filing Flows › Scynexis (SCYX) › Q4 2024
Scynexis (SCYX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 12, 2025
Scynexis (SCYX) reported revenue of $977K for the fourth quarter 2024 (Q4 2024), -83% from a year earlier and +48% from the quarter before. Operating margin was -824.3%, net loss $4.4M (453.7% of revenue).
Scynexis, Q4 2024: revenue $977K (-83% year over year), operating margin -824.3%, net loss $4.4M, operating cash flow −$9.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $977K | +48% | -83% |
| Operating profit | −$8.1M | — | — |
| Net earnings | −$4.4M | — | — |
| Operating cash flow | −$9.9M | — | — |
What changed
Revenue was $1.0M in Q4 2024, down 83% year over year and up 48% from the previous quarter.
Operating costs exceeded revenue by $8.1M, an operating margin of -824.3%. Total costs fell 69% while revenue fell 83%. The fastest-growing cost line was SG&A (+31%). The quarter ended with a net loss of $4.4M, wider than the previous quarter's $2.8M loss. Non-operating items added $3.6M, -83% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$9.9M. Non-cash charges added back $1.0M of share-based compensation. Working capital and other items used $6.5M.
Questions
What was Scynexis' revenue in the fourth quarter 2024?
Scynexis (SCYX) reported revenue of $977K for the fourth quarter 2024 (Q4 2024), -83% from a year earlier and +48% from the quarter before.
Was Scynexis profitable in the fourth quarter 2024?
Operating loss was $8.1M (-824.3% of revenue) and net loss $4.4M.
Source: Scynexis 10-K on SEC EDGAR.