earnings
confidence high
sentiment neutral
materiality 0.80
Rockwell Medical Reports Record Net Sales and First Full-Year Adjusted EBITDA Profitability in 2024
ROCKWELL MEDICAL, INC.
- Record net sales of $101.5M in 2024, a 21% increase over 2023.
- Record gross profit of $17.5M in 2024, a 101% increase over 2023.
- Full-year adjusted EBITDA reached $5.2M, first time profitable on that basis.
- Net loss improved 94% to $0.5M in 2024 from $8.4M in 2023.
- Largest customer transitioning away; expects ~$34M revenue loss in 2025.