Filing Flows › Willamette Valley Vineyards (WVVI) › Q4 2024
Willamette Valley Vineyards (WVVI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 25, 2025
Willamette Valley Vineyards (WVVI) reported revenue of $11.3M for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +20% from the quarter before. Operating margin was 6.9%, net earnings $491K (4.4% of revenue).
Willamette Valley Vineyards, Q4 2024: revenue $11.3M (+5% year over year), operating margin 6.9%, net earnings $491K, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.3M | +20% | +5% |
| Gross profit | $6.6M | +14% | +8% |
| Operating profit | $774K | — | — |
| Net earnings | $491K | — | — |
| Operating cash flow | −$1.1M | — | — |
What changed
Revenue was $11.3M in Q4 2024, up 5% year over year and up 20% from the previous quarter. Direct Sales was the largest line at 55% of revenue.
Gross margin was 58.9%, up 1.8 points from a year earlier. Operating profit was $774K, a 6.9% margin (up 9.3 points year over year). Operating expenses fell 8% while revenue rose 5%. Net earnings were $491K. The effective tax rate was 4.1%.
Operating cash flow was −$1.1M. Non-cash charges added back $831K of depreciation and amortization. Working capital and other items used $2.4M. Capital expenditures of $365K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Willamette Valley Vineyards' revenue in the fourth quarter 2024?
Willamette Valley Vineyards (WVVI) reported revenue of $11.3M for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +20% from the quarter before.
Was Willamette Valley Vineyards profitable in the fourth quarter 2024?
Operating profit was $774K (6.9% of revenue) and net earnings $491K.