Filing Flows › Siebert Financial (SIEB) › Q4 2024
Siebert Financial (SIEB) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Siebert Financial (SIEB) reported revenue of $20.0M for the fourth quarter 2024 (Q4 2024), +2% from a year earlier and -11% from the quarter before. Operating margin was 9.7%, net earnings $1.7M (8.7% of revenue).
Siebert Financial, Q4 2024: revenue $20.0M (+2% year over year), operating margin 9.7%, net earnings $1.7M, operating cash flow $63.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.0M | -11% | +2% |
| Operating profit | $1.9M | -60% | -60% |
| Net earnings | $1.7M | -55% | — |
| Operating cash flow | $63.2M | 15× | -2% |
| Free cash flow | $63.0M | 12× | -2% |
What changed
Revenue was $20.0M in Q4 2024, up 2% year over year and down 11% from the previous quarter.
Operating profit was $1.9M, a 9.7% margin (down 15.0 points year over year). Operating profit fell $2.9M even though revenue rose $320K versus a year earlier, so costs grew faster than sales. Total costs grew 22% against revenue growth of 2%. Net earnings were $1.7M. The effective tax rate was 10.9%.
Operating cash flow was $63.2M (down 2% year over year), 3641% of net earnings. Non-cash charges added back $439K of depreciation and amortization. Working capital and other items added $61.0M. Capital expenditures of $155K left free cash flow of $63.0M.
Questions
What was Siebert Financial's revenue in the fourth quarter 2024?
Siebert Financial (SIEB) reported revenue of $20.0M for the fourth quarter 2024 (Q4 2024), +2% from a year earlier and -11% from the quarter before.
Was Siebert Financial profitable in the fourth quarter 2024?
Operating profit was $1.9M (9.7% of revenue) and net earnings $1.7M.
Source: Siebert Financial 10-K on SEC EDGAR.