Filing Flows › Zeta Global Holdings (ZETA) › Q4 2024
Zeta Global Holdings (ZETA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 26, 2025
Zeta Global Holdings (ZETA) reported revenue of $315M for the fourth quarter 2024 (Q4 2024), +50% from a year earlier and +17% from the quarter before. Operating margin was 2.2%, net earnings $15.2M (4.8% of revenue).
Zeta Global Holdings, Q4 2024: revenue $315M (+50% year over year), operating margin 2.2%, net earnings $15.2M, operating cash flow $43.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $315M | +17% | +50% |
| Operating profit | $6.9M | — | — |
| Net earnings | $15.2M | — | — |
| Operating cash flow | $43.7M | +27% | +62% |
| Free cash flow | $31.7M | — | — |
What changed
Revenue was $314.7M in Q4 2024, up 50% year over year and up 17% from the previous quarter.
Operating profit was $6.9M, a 2.2% margin (up 17.3 points year over year). Total costs grew 27% against revenue growth of 50%. The fastest-growing cost line was Other operating costs (+52%). Net earnings were $15.2M. The effective tax rate was -69.7%. Non-operating items added $2.1M, 23% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $43.7M (up 62% year over year), 287% of net earnings. Non-cash charges added back $16.8M of depreciation and amortization and $43.0M of share-based compensation. Working capital and other items used $31.4M. After capital expenditures, net ($8.1M) and website and software development costs ($3.9M), free cash flow as the company reports it was $31.7M.
Questions
What was Zeta Global Holdings' revenue in the fourth quarter 2024?
Zeta Global Holdings (ZETA) reported revenue of $315M for the fourth quarter 2024 (Q4 2024), +50% from a year earlier and +17% from the quarter before.
Was Zeta Global Holdings profitable in the fourth quarter 2024?
Operating profit was $6.9M (2.2% of revenue) and net earnings $15.2M.