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SusGlobal Energy (SNRG) Q4 2024 earnings results (fourth quarter 2024)

10-K filed May 14, 2025

SusGlobal Energy (SNRG) reported revenue of $41K for the fourth quarter 2024 (Q4 2024), -61% from a year earlier.

Revenue$41K
Year over year-61%
Quarter over quarter—
Operating margin—
Net earnings−$4.2M

SusGlobal Energy, Q4 2024: revenue $41K (-61% year over year), net loss $4.2M, operating cash flow −$875K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$41K—-61%
Operating profit−$4.2M——
Net earnings−$4.2M——
Operating cash flow−$875K——

What changed

Revenue was $41K in Q4 2024, down 61% year over year.

Operating costs exceeded revenue by $4.2M, an operating margin of -10194.0%. Total costs grew 65% against a revenue fall of 61%. The fastest-growing cost line was Other operating costs (+460%). The quarter ended with a net loss of $4.2M.

Operating cash flow was −$875K. Non-cash charges added back $64K of depreciation and $54K of share-based compensation. Working capital and other items added $3.2M.

Questions

What was SusGlobal Energy's revenue in the fourth quarter 2024?

SusGlobal Energy (SNRG) reported revenue of $41K for the fourth quarter 2024 (Q4 2024), -61% from a year earlier.

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Source: SusGlobal Energy 10-K on SEC EDGAR.