Filing Flows › Solesence (SLSN) › Q4 2024
Solesence (SLSN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Solesence (SLSN) reported revenue of $12.6M for the fourth quarter 2024 (Q4 2024), +57% from a year earlier and -25% from the quarter before. Operating margin was -1.8%, net loss $558K (4.4% of revenue).
Solesence, Q4 2024: revenue $12.6M (+57% year over year), operating margin -1.8%, net loss $558K, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.6M | -25% | +57% |
| Operating profit | −$223K | — | — |
| Net earnings | −$558K | — | — |
| Operating cash flow | $2.2M | -48% | — |
What changed
Revenue was $12.6M in Q4 2024, up 57% year over year and down 25% from the previous quarter.
Gross margin was 22.0%, up 16.1 points from a year earlier. Operating costs exceeded revenue by $223K, an operating margin of -1.8%. Operating expenses grew 26% against revenue growth of 57%. The fastest-growing cost line was Research & development (+39%). The quarter ended with a net loss of $558K, after a profit of $3.0M the previous quarter.
Operating cash flow was $2.2M. Non-cash charges added back $228K of depreciation and amortization and $248K of share-based compensation. Working capital and other items added $2.3M. Capital expenditures of $2.6M exceeded it, leaving free cash flow of −$404K.
Questions
What was Solesence's revenue in the fourth quarter 2024?
Solesence (SLSN) reported revenue of $12.6M for the fourth quarter 2024 (Q4 2024), +57% from a year earlier and -25% from the quarter before.
Was Solesence profitable in the fourth quarter 2024?
Operating loss was $223K (-1.8% of revenue) and net loss $558K.
Source: Solesence 10-K on SEC EDGAR.