Everything Blockchain Inc
OBTX
$3.92 2.62%
Exchange: OTC | Sector: Technology | Industry: Software Application
Q4 2024
Published: May 15, 2024

Earnings Highlights

  • Revenue of $0.08M down 48% year-over-year
  • EPS of $-0.07 increased by 82.2% from previous year
  • Gross margin of -7.6%
  • Net income of -1.23M
  • ""Our focus is on strategically aligning our product offerings to address the shifting needs of our clients, ensuring that we provide value in every interaction."" - CEO
OBTX
Everything Blockchain Inc

Executive Summary

In Q4 2024, Everything Blockchain Inc (OBTX) reported a revenue of $79,000, representing a stark decrease of approximately 48% year-over-year and a substantial increase of 29.51% sequentially from the prior quarter. Despite this recent recovery, the company continues to struggle with profitability, ending the quarter with a net income loss of $1,233,000 and a gross profit margin of -7.59%. The management indicates a focus on cost control measures and a shift in strategy to better compete in the Software Application industry as highlighted in the recent earnings call. Investors should note the challenges ahead as the company aims to pivot its operations to achieve sustainable revenue growth and restore profitability.

Key Performance Indicators

Revenue
Decreasing
79.00K
QoQ: 29.51% | YoY: -48.03%
Gross Profit
Decreasing
-6.00K
-7.59% margin
QoQ: -115.00% | YoY: -103.80%
Operating Income
Increasing
-1.14M
QoQ: 10.56% | YoY: 21.82%
Net Income
Increasing
-1.23M
QoQ: 27.81% | YoY: 69.62%
EPS
Increasing
-0.07
QoQ: 39.25% | YoY: 82.22%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 0.00 0.00 +0.0% View
Q3 2025 0.00 -0.76 +0.0% View
Q2 2025 0.06 -0.05 -86.6% View
Q1 2025 0.06 -0.08 -76.0% View
Q4 2024 0.08 -0.07 -48.0% View