BGSF Q4 revenue $64.4M, net loss $1.0M; FY record operating cash flow $24M

BGSF, INC.

Q4 2024 revenue $64.4M, down from $73.6M in Q4 2023 and $71.2M in Q3 2024.
Net loss $1.0M ($0.10 per diluted share) in Q4 vs net income $1.0M in Q4 2023.
Adjusted EBITDA $1.4M (2.2% of revenue) in Q4, down from $3.4M (4.8%) in Q3.
Property Management revenues fell 18.5% sequentially; Professional segment down 3.0% primarily due to fewer billing days.
Fiscal year 2024 generated record operating cash flow of $24 million; company re-baselined costs.

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