Cavitation Technologies
CVAT
$0.0800 6.67%
Exchange: OTC | Sector: Industrials | Industry: Industrial Machinery
Q3 2024
Published: May 15, 2024

Earnings Highlights

  • Revenue of $0.52M up 750.8% year-over-year
  • EPS of $0.00 increased by 233.3% from previous year
  • Gross margin of 98.7%
  • Net income of 331.00K
  • "Not available; no earnings call transcript provided in the data." - N/A
CVAT
Company CVAT

Executive Summary

Cavitation Technologies (CVAT) reported a positive QQ3 2024 bottom line amid a very small revenue base. Revenue reached $519 thousand, up 750% year-over-year and 170% quarter-over-quarter, underscoring a meaningful top-line uptick from the previous quarters. Gross profit of $512 thousand delivered a robust gross margin of approximately 98.65%, driving an operating income of $333 thousand and net income of $331 thousand, with an EPS of $0.0012 for the quarter. The result suggests the company achieved meaningful operating leverage at the current run-rate, aided by a lean cost structure (R&D $9k, G&A $170k) and limited selling/marketing expenditure.

Key Performance Indicators

Revenue
Increasing
519.00K
QoQ: 170.31% | YoY: 750.82%
Gross Profit
Increasing
512.00K
98.65% margin
QoQ: 224.05% | YoY: 924.00%
Operating Income
Increasing
333.00K
QoQ: 2 478.57% | YoY: 249.33%
Net Income
Increasing
331.00K
QoQ: 2 168.75% | YoY: 230.31%
EPS
Increasing
0.00
QoQ: 1 300.00% | YoY: 233.33%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 0.12 0.00 -76.5% View
Q2 2025 0.08 0.00 -60.4% View
Q1 2025 0.00 0.00 +0.0% View
Q4 2024 0.65 0.00 +1.0% View
Q3 2024 0.52 0.00 +750.8% View