Filing Flows › SideChannel (SDCH) › Q4 FY24
SideChannel (SDCH) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 13, 2024
SideChannel (SDCH) reported revenue of $1.9M for the fourth quarter fiscal 2024 (Q4 FY24), +14% from a year earlier and +2% from the quarter before. Operating margin was -14.1%, net loss $259K (13.7% of revenue).
SideChannel, Q4 FY24: revenue $1.9M (+14% year over year), operating margin -14.1%, net loss $259K, operating cash flow $190K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | +2% | +14% |
| Operating profit | −$267K | — | — |
| Net earnings | −$259K | — | — |
| Operating cash flow | $190K | -29% | — |
What changed
Revenue was $1.9M in Q4 FY24, up 14% year over year and up 2% from the previous quarter.
Gross margin was 48.5%, down 3.1 points from a year earlier. Operating costs exceeded revenue by $267K, an operating margin of -14.1%. Operating expenses fell 81% while revenue rose 14%. The fastest-growing cost line was General & admin (+12%). The quarter ended with a net loss of $259K, wider than the previous quarter's $146K loss.
Operating cash flow was $190K. Non-cash charges added back $48K of depreciation and amortization and $120K of share-based compensation. Working capital and other items added $281K.
Questions
What was SideChannel's revenue in the fourth quarter fiscal 2024?
SideChannel (SDCH) reported revenue of $1.9M for the fourth quarter fiscal 2024 (Q4 FY24), +14% from a year earlier and +2% from the quarter before.
Was SideChannel profitable in the fourth quarter fiscal 2024?
Operating loss was $267K (-14.1% of revenue) and net loss $259K.
Source: SideChannel 10-K on SEC EDGAR.