Hour Loop reports FY2024 net income of $0.66M vs loss of $2.43M; revenue up 4.6% to $138.3M

Hour Loop, Inc

Net income of $0.66M ($0.02 diluted EPS) vs net loss of $2.43M in 2023.
Revenue grew 4.6% to $138.3M from $132.1M; gross margin expanded to 52.1% from 50.3%.
Operating expenses improved to 51.6% of revenue from 52.6%; cash from ops turned positive at $0.3M.
Guides FY2025 revenue $145M-$160M (5-15% YoY growth) and net income $0.5M-$2M.
Cash and cash equivalents $2.1M at year-end, down from $2.5M due to loan repayment.

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