Filing Flows › Tecogen (TGEN) › Q4 2024
Tecogen (TGEN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 18, 2025
Tecogen (TGEN) reported revenue of $6.1M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +8% from the quarter before. Operating margin was -18.7%, net loss $1.2M (19.4% of revenue).
Tecogen, Q4 2024: revenue $6.1M (+3% year over year), operating margin -18.7%, net loss $1.2M, operating cash flow $4.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.1M | +8% | +3% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | $4.2M | — | 21× |
| Free cash flow | $4.0M | — | 22× |
What changed
Revenue was $6.1M in Q4 2024, up 3% year over year and up 8% from the previous quarter. Services was the largest line at 67% of revenue.
Gross margin was 45.0%, up 5.2 points from a year earlier. Operating costs exceeded revenue by $1.1M, an operating margin of -18.7%. Operating expenses fell 7% while revenue rose 3%. The quarter ended with a net loss of $1.2M, wider than the previous quarter's $896K loss.
Operating cash flow was $4.2M (up 1964% year over year). Non-cash charges added back $134K of depreciation and amortization and $41K of share-based compensation. Working capital and other items added $5.2M. Capital expenditures of $130K left free cash flow of $4.0M.
Questions
What was Tecogen's revenue in the fourth quarter 2024?
Tecogen (TGEN) reported revenue of $6.1M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +8% from the quarter before.
Was Tecogen profitable in the fourth quarter 2024?
Operating loss was $1.1M (-18.7% of revenue) and net loss $1.2M.
Source: Tecogen 10-K on SEC EDGAR.