earnings
confidence high
sentiment neutral
materiality 0.65
Guerrilla RF FY24 revenue $20.1M (+33%), gross margin 63.7%; Q4 net income $1.58M
Guerrilla RF, Inc.
- Full-year 2024 revenue $20.1M, up 33.4% YoY; gross profit $12.8M (+49.8%) with margin 63.7% (up from 57.1%).
- Operating loss improved to $8.8M from $12.9M; net loss per share $1.12 vs $2.25.
- Q4 revenue $4.4M, slight decline from $4.7M; net income $1.58M due to $4.8M warrant liability gain.
- Backlog $5.4M at year-end, increased to $6.8M by March 14, 2025.
- Cash increased to $8.0M from $0.8M; Series A preferred stock issuance contributed $20.0M.