Filing Flows › SS Innovations International (SSII) › Q4 2024
SS Innovations International (SSII) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
SS Innovations International (SSII) reported revenue of $8.1M for the fourth quarter 2024 (Q4 2024), +469% from a year earlier and +85% from the quarter before. Operating margin was -22.7%, net loss $1.9M (23.7% of revenue).
SS Innovations International, Q4 2024: revenue $8.1M (+469% year over year), operating margin -22.7%, net loss $1.9M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.1M | +85% | +469% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $8.1M in Q4 2024, up 469% year over year and up 85% from the previous quarter.
Gross margin was 48.9%. Operating costs exceeded revenue by $1.8M, an operating margin of -22.7%. The fastest-growing cost line was Research & development (+174%). The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $6.1M loss.
Operating cash flow was −$3.3M. Non-cash charges added back $146K of depreciation and $2.3M of share-based compensation. Working capital and other items used $3.8M. Capital expenditures of $125K exceeded it, leaving free cash flow of −$3.4M.
Questions
What was SS Innovations International's revenue in the fourth quarter 2024?
SS Innovations International (SSII) reported revenue of $8.1M for the fourth quarter 2024 (Q4 2024), +469% from a year earlier and +85% from the quarter before.
Was SS Innovations International profitable in the fourth quarter 2024?
Operating loss was $1.8M (-22.7% of revenue) and net loss $1.9M.