Filing Flows › Security National Financial (SNFCA) › Q4 2024
Security National Financial (SNFCA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Security National Financial (SNFCA) reported revenue of $79.3M for the fourth quarter 2024 (Q4 2024), +6% from a year earlier and -10% from the quarter before. Operating margin was 4.0%, net loss $42K (0.1% of revenue).
Security National Financial, Q4 2024: revenue $79.3M (+6% year over year), operating margin 4.0%, net loss $42K, operating cash flow $22.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $79.3M | -10% | +6% |
| Operating profit | $3.2M | — | — |
| Net earnings | −$42K | — | — |
| Operating cash flow | $22.4M | -16% | -37% |
| Free cash flow | $20.5M | -23% | -42% |
What changed
Revenue was $79.3M in Q4 2024, up 6% year over year and down 10% from the previous quarter.
Operating profit was $3.2M, a 4.0% margin (up 2.1 points year over year). Of the extra revenue versus a year earlier, 40% reached operating profit, above the 2% margin then. Total costs grew 4% against revenue growth of 6%. The quarter ended with a net loss of $42K, after a profit of $11.8M the previous quarter. Net interest and other expense of $3.3M was the main reason.
Operating cash flow was $22.4M (down 37% year over year). Non-cash charges added back $221K of share-based compensation. Working capital and other items added $22.2M. Capital expenditures of $1.9M left free cash flow of $20.5M.
Questions
What was Security National Financial's revenue in the fourth quarter 2024?
Security National Financial (SNFCA) reported revenue of $79.3M for the fourth quarter 2024 (Q4 2024), +6% from a year earlier and -10% from the quarter before.
Was Security National Financial profitable in the fourth quarter 2024?
Operating profit was $3.2M (4.0% of revenue) and net loss $42K.