Filing Flows › Vivakor (VIVK) › Q4 2024
Vivakor (VIVK) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Vivakor (VIVK) reported revenue of $41.7M for the fourth quarter 2024 (Q4 2024), +201% from a year earlier and +162% from the quarter before. Operating margin was -37.3%, net loss $19.4M (46.5% of revenue).
Vivakor, Q4 2024: revenue $41.7M (+200% year over year), operating margin -37.3%, net loss $19.4M, operating cash flow $1.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $41.7M | +162% | +201% |
| Operating profit | −$15.6M | — | — |
| Net earnings | −$19.4M | — | — |
| Operating cash flow | $1.6M | +66% | 22× |
What changed
Revenue was $41.7M in Q4 2024, up 201% year over year and up 162% from the previous quarter.
Gross margin was 15.1%, up 9.8 points from a year earlier. Operating costs exceeded revenue by $15.6M, an operating margin of -37.3%. Operating expenses grew 401% against revenue growth of 201%. The fastest-growing cost line was Other operating costs (+918%). The quarter ended with a net loss of $19.4M, wider than the previous quarter's $1.7M loss.
Operating cash flow was $1.6M (up 2130% year over year). Non-cash charges added back $8.3M of depreciation and amortization and $926K of share-based compensation. Working capital and other items added $11.8M.
Questions
What was Vivakor's revenue in the fourth quarter 2024?
Vivakor (VIVK) reported revenue of $41.7M for the fourth quarter 2024 (Q4 2024), +201% from a year earlier and +162% from the quarter before.
Was Vivakor profitable in the fourth quarter 2024?
Operating loss was $15.6M (-37.3% of revenue) and net loss $19.4M.
Source: Vivakor 10-K on SEC EDGAR.