earnings
confidence high
sentiment negative
materiality 0.70
Interlink Electronics Q4 and FY 2024 revenue down 16%; net loss widens to $2.0M
INTERLINK ELECTRONICS INC
- Q4 2024 revenue $3.0M (-15.6% YoY); full-year revenue $11.7M (-16.2% YoY).
- Net loss for FY 2024 was $2.0M vs $383K loss in 2023; diluted EPS loss $0.24.
- Adjusted EBITDA was $(1.1M) for FY 2024 vs positive $447K in 2023.
- Gross margin declined to 41.5% from 47.1% due to lower revenue and product mix.
- Acquired Conductive Transfers (e-textiles); won SBIR grants from NIST and NASA; launched new gas sensor family.