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LQR House (YHC) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 31, 2025

LQR House (YHC) reported revenue of $838K for the fourth quarter 2024 (Q4 2024), +38% from a year earlier and +34% from the quarter before.

Revenue$838K
Year over year+38%
Quarter over quarter+34%
Operating margin—
Net earnings−$14.8M

LQR House, Q4 2024: revenue $838K (+38% year over year), net loss $14.8M, operating cash flow −$3.1M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$838K+34%+38%
Operating profit−$10.2M——
Net earnings−$14.8M——
Operating cash flow−$3.1M——

What changed

Revenue was $838K in Q4 2024, up 38% year over year and up 34% from the previous quarter. CWSPlatform was the largest line at 98% of revenue.

Operating costs exceeded revenue by $10.2M, an operating margin of -1221.3%. The fastest-growing cost line was General & admin (+267%). The quarter ended with a net loss of $14.8M, wider than the previous quarter's $3.4M loss.

Operating cash flow was −$3.1M. Working capital and other items added $11.7M.

Questions

What was LQR House's revenue in the fourth quarter 2024?

LQR House (YHC) reported revenue of $838K for the fourth quarter 2024 (Q4 2024), +38% from a year earlier and +34% from the quarter before.

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Source: LQR House 10-K on SEC EDGAR.