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Sobr Safe (SOBR) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Apr 15, 2025

Sobr Safe (SOBR) reported revenue of $64K for the fourth quarter 2024 (Q4 2024), +81% from a year earlier and +40% from the quarter before.

Revenue$64K
Year over year+81%
Quarter over quarter+40%
Operating margin—
Net earnings−$2.2M

Sobr Safe, Q4 2024: revenue $64K (+81% year over year), net loss $2.2M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$64K+40%+81%
Operating profit−$2.2M——
Net earnings−$2.2M——
Operating cash flow−$1.6M——

What changed

Revenue was $64K in Q4 2024, up 81% year over year and up 40% from the previous quarter.

Operating costs exceeded revenue by $2.2M, an operating margin of -3479.9%. The quarter ended with a net loss of $2.2M, wider than the previous quarter's $1.8M loss.

Operating cash flow was −$1.6M. Non-cash charges added back $145K of share-based compensation. Working capital and other items added $429K.

Questions

What was Sobr Safe's revenue in the fourth quarter 2024?

Sobr Safe (SOBR) reported revenue of $64K for the fourth quarter 2024 (Q4 2024), +81% from a year earlier and +40% from the quarter before.

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Source: Sobr Safe 10-K on SEC EDGAR.