NASDAQ$PRPO

Precipio Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Precipio achieved positive Adjusted EBITDA and positive cash flow in Q4 2024, demonstrating progress towards financial independence.

Precipio, Inc. reported positive Adjusted EBITDA of $0.4 million and a positive cash flow increase of $0.3 million in Q4 2024, indicating a significant step towards financial independence and profitability.

  • Achieved positive Adjusted EBITDA of $0.4 million for Q4 2024.
  • Reported a positive cash flow increase of $0.3 million in Q4 2024.
  • Demonstrated the ability to generate sufficient positive cash flow from pathology services to fund R&D and product business growth.
  • Management believes the company is on track to become profitable, despite potential Q1 fluctuations due to insurance deductibles.

Headline financials

Total Revenue

$5.45M

Previous: $4.33M+25.9%
EPS (adj)

$0.00

Previous: $0.88-100.0%
Adjusted EBITDA

$400K

No prior period
EBITDA

$0.00

No prior period
Amortization

$200K

No prior period
Depreciation and amortization

$100K

No prior period
Interest expense, net

$0.00

No prior period
Income tax expense

$0.00

No prior period
Stock-based compensation

$400K

No prior period
Capital Expenditures

-$44K

Previous: -$49K+10.2%
Free Cash Flow

$521K

Previous: $65K+701.5%
Net Income

-$365K

Previous: $925K-139.5%
Operating Income

-$336K

Previous: -$854K+60.7%
Gross Profit

$2.2M

Previous: $1.64M+33.8%
Cash & Equivalents

$1.39M

Previous: $1.5M-7.5%
Total Assets

$17M

Previous: $18.1M-6.1%

Revenue & EPS history

Precipio · Revenue · Quarterly

$5.45M

Q4 2024+25.9%vs Q4 2023
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Revenue by segment

Precipio · $6.96M total across 2 segments · Q1 2026

  • Service revenue
    $6.3M—
  • Product revenue
    $659K—

Forward guidance

Precipio anticipates continued progress towards profitability and financial independence, leveraging current cash reserves and growth pipeline, despite potential short-term fluctuations.

Tailwinds

  • Company is on track to turn the corner and become a profitable company.
  • Ability to make decisions based on growth and value creation without cash conservation constraints.
  • Focus on building capabilities and channeling resources towards product development and business growth.
  • Current cash reserves and growth pipeline support future endeavors.
  • Anticipates an exciting year ahead for the company.

Headwinds

  • Financial performance in future quarters may fluctuate from positive to negative due to various factors.
  • Pathology business revenues and cash receipts are typically reduced in Q1 due to renewed insurance deductibles.
  • Operating results in Q1 may be affected by insurance deductibles, though less so in Q2.
  • The company may still face ups and downs as the business grows.
  • Forward-looking statements are subject to known and unknown risks and uncertainties.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-2.2%

Avg return

Earnings day

-1.6%

Avg return

5 days after

-10.0%

Avg return

30 days after

49%

17 / 35 earnings

Positive

+13.3%

Q1 2021

Best reaction

-55.0%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%-14.0%—
Q3 2025+0.0%+32.5%+24.5%
Q2 2025+2.9%+0.1%+36.5%
Q1 2025+3.1%+29.5%+56.5%
Q4 2024-9.9%-15.9%+1.3%
Q3 2024+1.9%-3.2%-6.7%
Q2 2024+0.8%+3.4%+22.5%
Q1 2024-0.6%+0.2%-7.8%
Q4 2023+2.1%-5.7%-10.1%
Q3 2023-5.0%-13.2%-27.1%
Q2 2023-3.5%+0.8%-8.4%
Q1 2023-1.7%+0.7%-21.5%
Q4 2022+3.7%+6.9%-4.7%
Q3 2022+8.6%+5.7%-11.2%
Q2 2022+2.6%-11.8%-33.6%
Q1 2022-10.5%-7.0%+2.6%
Q4 2021+0.0%+24.4%-20.7%
Q3 2021-10.8%-15.5%-21.6%
Q2 2021-2.9%-9.8%-1.0%
Q1 2021+13.3%+19.6%+10.7%
Q4 2020+3.9%+1.3%-95.8%
Q3 2020+2.8%-0.9%+6.0%
Q2 2020+3.3%-16.3%-31.3%
Q1 2020+0.1%+6.1%+45.7%
Q4 2019-9.6%-12.9%-24.4%
Q3 2019-5.1%-8.9%-22.6%
Q2 2019+5.8%-5.4%-8.8%
Q1 2019-10.4%-14.9%-42.8%
Q4 2018+3.2%+19.6%+12.3%
Q3 2018+2.1%-5.0%-39.7%
Q2 2018-2.0%+1.9%-10.9%
Q1 2018+8.1%+19.2%-4.9%
Q4 2017-8.2%-7.1%-22.4%
Q3 2017-9.5%-5.8%-16.1%
Q2 2017-55.0%-55.2%-65.2%
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2012———
Q4 2011———
Q3 2011———
Q2 2011———
Q1 2011———
Q4 2010———
Q3 2010———
Q2 2010———
Q1 2010———

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