Filing Flows › TurnOnGreen (TOGI) › Q4 2024
TurnOnGreen (TOGI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 23, 2025
TurnOnGreen (TOGI) reported revenue of $1.2M for the fourth quarter 2024 (Q4 2024), -19% from a year earlier and -10% from the quarter before. Operating margin was -138.5%, net loss $1.8M (153.3% of revenue).
TurnOnGreen, Q4 2024: revenue $1.2M (-19% year over year), operating margin -138.5%, net loss $1.8M, operating cash flow −$693K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | -10% | -19% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$693K | — | — |
What changed
Revenue was $1.2M in Q4 2024, down 19% year over year and down 10% from the previous quarter.
Gross margin was 27.6%, down 11.3 points from a year earlier. Operating costs exceeded revenue by $1.6M, an operating margin of -138.5%. Operating expenses grew 49% against a revenue fall of 19%. The quarter ended with a net loss of $1.8M, wider than the previous quarter's $660K loss.
Operating cash flow was −$693K. Non-cash charges added back $26K of depreciation. Working capital and other items added $1.1M. Capital expenditures of −$11K exceeded it, leaving free cash flow of −$682K.
Questions
What was TurnOnGreen's revenue in the fourth quarter 2024?
TurnOnGreen (TOGI) reported revenue of $1.2M for the fourth quarter 2024 (Q4 2024), -19% from a year earlier and -10% from the quarter before.
Was TurnOnGreen profitable in the fourth quarter 2024?
Operating loss was $1.6M (-138.5% of revenue) and net loss $1.8M.
Source: TurnOnGreen 10-K on SEC EDGAR.