Filing Flows › Seer (SEER) › Q4 2024
Seer (SEER) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 3, 2025
Seer (SEER) reported revenue of $4.0M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and -0.8% from the quarter before. Operating margin was -587.2%, net loss $21.7M (543.5% of revenue).
Seer, Q4 2024: revenue $4.0M (-10% year over year), operating margin -587.2%, net loss $21.7M, operating cash flow −$11.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0M | -0.8% | -10% |
| Operating profit | −$23.5M | — | — |
| Net earnings | −$21.7M | — | — |
| Operating cash flow | −$11.5M | — | — |
What changed
Revenue was $4.0M in Q4 2024, down 10% year over year and down 1% from the previous quarter.
Gross margin was 50.6%, up 5.5 points from a year earlier. Operating costs exceeded revenue by $23.5M, an operating margin of -587.2%. Operating expenses grew 5% against a revenue fall of 10%. The fastest-growing cost line was Research & development (+13%). The quarter ended with a net loss of $21.7M, wider than the previous quarter's $21.3M loss.
Operating cash flow was −$11.5M. Non-cash charges added back $1.5M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items added $2.4M. Capital expenditures of −$536K exceeded it, leaving free cash flow of −$10.9M.
Questions
What was Seer's revenue in the fourth quarter 2024?
Seer (SEER) reported revenue of $4.0M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and -0.8% from the quarter before.
Was Seer profitable in the fourth quarter 2024?
Operating loss was $23.5M (-587.2% of revenue) and net loss $21.7M.
Source: Seer 10-K on SEC EDGAR.