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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