NYSE$OLO
Olo Inc. · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Olo reported strong financial performance in Q4 2024, with significant revenue growth and improved profitability.
Olo Inc. announced strong financial results for the fourth quarter and full year ended December 31, 2024. The company reported a 21% year-over-year increase in total revenue to $76.1 million and a significant reduction in operating loss. Key highlights include growth in gross merchandise volume and gross payment volume, along with strategic partnerships and product enhancements.
- Total revenue increased 21% year-over-year to $76.1 million in Q4 2024.
- Operating loss significantly improved, decreasing from $20.5 million in Q4 2023 to $4.4 million in Q4 2024.
- Non-GAAP operating income increased to $11.5 million, up from $6.8 million in the prior year.
- Gross merchandise volume (GMV) reached approximately $29 billion and gross payment volume (GPV) reached approximately $2.8 billion for the full year 2024.
Headline financials
Revenue & EPS history
Olo · Revenue · Quarterly
$76.1M
Revenue by segment
Olo · $57.3M total across 1 segment · Q3 2023
- Platform Revenue$57.3M+23.5%100.0%
Forward guidance
Olo expects continued revenue growth and improved non-GAAP operating income for Q1 2025 and the full year 2025, driven by new product offerings and strategic partnerships.
Tailwinds
- Q1 2025 revenue expected to be between $77.2 million and $77.7 million.
- Q1 2025 non-GAAP operating income expected to be between $8.7 million and $9.0 million.
- Full year 2025 revenue expected to be between $333.0 million and $336.0 million.
- Full year 2025 non-GAAP operating income expected to be between $45.5 million and $47.0 million.
- Partnership with FreedomPay to integrate Olo Pay card-present functionality, expanding market penetration.
Headwinds
- Outlook is based on assumptions and subject to risks, including macroeconomic conditions and market uncertainty.
- Ability to acquire and retain customers, and adoption of additional modules, may vary.
- Competition from existing and new market entrants could impact results.
- Unpredictable fluctuations in stock-based compensation expense and related payroll tax expense may affect GAAP results.
- Actual results could differ materially from predictions due to various factors beyond Olo's control.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports · overlaid with Q4 2024
-2.9%
Avg return
Earnings day
+1.0%
Avg return
5 days after
-2.1%
Avg return
30 days after
52%
11 / 21 earnings
Positive
+11.6%
Q2 2024
Best reaction
-37.6%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | +0.7% | -1.1% | -0.6% | |
| Q1 2025 | +6.5% | +16.5% | +9.9% | |
| Q4 2024 | +4.3% | +0.3% | -3.0% | |
| Q3 2024 | +3.2% | +24.3% | +35.6% | |
| Q2 2024 | +11.6% | +3.5% | +8.1% | |
| Q1 2024 | -3.5% | -2.1% | -7.0% | |
| Q4 2023 | +0.9% | +2.2% | -11.6% | |
| Q3 2023 | -24.5% | -18.2% | +0.3% | |
| Q2 2023 | -2.4% | -6.1% | -18.2% | |
| Q1 2023 | +9.1% | +4.4% | +4.1% | |
| Q4 2022 | +6.3% | +2.0% | -6.2% | |
| Q3 2022 | +6.9% | +3.1% | -15.9% | |
| Q2 2022 | -37.6% | -38.5% | -37.0% | |
| Q1 2022 | +2.2% | +24.3% | +11.9% | |
| Q4 2019 | +5.0% | — | — | |
| Q4 2021 | -7.2% | — | — | |
| Q3 2021 | -2.1% | — | — | |
| Q2 2020 | -5.6% | — | — | |
| Q2 2021 | -5.6% | — | — | |
| Q1 2020 | -18.2% | — | — | |
| Q1 2021 | -9.9% | — | — |
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