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Tofutti Brands (TOFB) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 28, 2025

Tofutti Brands (TOFB) reported revenue of $2.3M for the fourth quarter 2024 (Q4 2024), -0.2% from a year earlier and +18% from the quarter before. Operating margin was -3.0%, net loss $318K (13.6% of revenue).

Revenue$2.3M
Year over year-0.2%
Quarter over quarter+18%
Operating margin-3.0%
Net earnings−$318K

Tofutti Brands, Q4 2024: revenue $2.3M (-0.2% year over year), operating margin -3.0%, net loss $318K, operating cash flow $297K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$2.3M+18%-0.2%
Operating profit−$71K——
Net earnings−$318K——
Operating cash flow$297K—+165%

What changed

Revenue was $2.3M in Q4 2024, roughly flat year over year and up 18% from the previous quarter.

Gross margin was 26.9%, down 4.6 points from a year earlier. Operating costs exceeded revenue by $71K, an operating margin of -3.0%. Operating expenses fell 14% while revenue was flat. The quarter ended with a net loss of $318K, wider than the previous quarter's $207K loss.

Operating cash flow was $297K (up 165% year over year). Non-cash charges added back $14K of share-based compensation. Working capital and other items added $601K.

Questions

What was Tofutti Brands' revenue in the fourth quarter 2024?

Tofutti Brands (TOFB) reported revenue of $2.3M for the fourth quarter 2024 (Q4 2024), -0.2% from a year earlier and +18% from the quarter before.

Was Tofutti Brands profitable in the fourth quarter 2024?

Operating loss was $71K (-3.0% of revenue) and net loss $318K.

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Source: Tofutti Brands 10-K on SEC EDGAR.