Filing Flows › HG Holdings (STLY) › Q4 2024
HG Holdings (STLY) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 27, 2025
HG Holdings (STLY) reported revenue of $2.6M for the fourth quarter 2024 (Q4 2024), +4% from a year earlier and -15% from the quarter before. Operating margin was -10.2%, net loss $182K (6.9% of revenue).
HG Holdings, Q4 2024: revenue $2.6M (+4% year over year), operating margin -10.2%, net loss $182K, operating cash flow −$3.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6M | -15% | +4% |
| Operating profit | −$268K | — | — |
| Net earnings | −$182K | — | — |
| Operating cash flow | −$3.1M | — | — |
What changed
Revenue was $2.6M in Q4 2024, up 4% year over year and down 15% from the previous quarter.
Gross margin was 89.2%, down 7.5 points from a year earlier. Operating costs exceeded revenue by $268K, an operating margin of -10.2%. Operating expenses fell 8% while revenue rose 4%. The quarter ended with a net loss of $182K, after a profit of $157K the previous quarter.
Operating cash flow was −$3.1M. Non-cash charges added back $24K of depreciation and amortization. Working capital and other items used $2.9M.
Questions
What was HG Holdings' revenue in the fourth quarter 2024?
HG Holdings (STLY) reported revenue of $2.6M for the fourth quarter 2024 (Q4 2024), +4% from a year earlier and -15% from the quarter before.
Was HG Holdings profitable in the fourth quarter 2024?
Operating loss was $268K (-10.2% of revenue) and net loss $182K.
Source: HG Holdings 10-K on SEC EDGAR.