Filing Flows

Filing Flows › Star Equity Holdings (STRR) › Q4 2024

Star Equity Holdings (STRR) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 14, 2025

Star Equity Holdings (STRR) reported revenue of $33.6M for the fourth quarter 2024 (Q4 2024), -1% from a year earlier and -9% from the quarter before. Operating margin was -0.4%, net loss $585K (1.7% of revenue).

Revenue$33.6M
Year over year-1%
Quarter over quarter-9%
Operating margin-0.4%
Net earnings−$585K

Star Equity Holdings, Q4 2024: revenue $33.6M (-1% year over year), operating margin -0.4%, net loss $585K, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$33.6M-9%-1%
Operating profit−$125K——
Net earnings−$585K——
Operating cash flow$2.0M+61%-39%

What changed

Revenue was $33.6M in Q4 2024, down 1% year over year and down 9% from the previous quarter. RPO was the largest line at 50% of revenue.

Gross margin was 52.4%. Operating costs exceeded revenue by $125K, an operating margin of -0.4%. The fastest-growing cost line was Sales & marketing (+13%). The quarter ended with a net loss of $585K, narrower than the previous quarter's $846K loss. Non-operating items added $377K, 150% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $2.0M (down 39% year over year). Non-cash charges added back $319K of depreciation and amortization and $234K of share-based compensation. Working capital and other items added $2.1M. Capital expenditures of −$4K left free cash flow of $2.0M.

Questions

What was Star Equity Holdings' revenue in the fourth quarter 2024?

Star Equity Holdings (STRR) reported revenue of $33.6M for the fourth quarter 2024 (Q4 2024), -1% from a year earlier and -9% from the quarter before.

Was Star Equity Holdings profitable in the fourth quarter 2024?

Operating loss was $125K (-0.4% of revenue) and net loss $585K.

Open the interactive Sankey →

Source: Star Equity Holdings 10-K on SEC EDGAR.