Yijia Group Corp delivered a strong QQ4 2024 performance on a standalone basis, highlighted by a solid gross margin and meaningful bottom-line profitability. Revenue for the quarter was USD 544,594 with a gross margin of 64.56% and an operating margin of 42.73%, producing an operating income of USD 232,680 and net income of USD 167,919 (EPS USD 0.0201). The quarterly net income rose sharply versus prior periods, with two-way YoY/QoQ momentum suggesting improving discipline around project mix and cost control. The company also reported a robust liquidity position, ending the period with USD 593,036 in cash and a net cash position after accounting for a small debt balance of USD 3,000, underscoring financial flexibility despite a negative near-term operating cash flow.
However, cash flow from operations was negative USD 191,185 largely due to working capital movements (notably a sizable negative change in working capital and inventory positioning). This resulted in a negative free cash flow for the quarter and a net cash outflow of USD 215,320 for the period. The balance sheet remains conservatively financed, with a very low debt burden and a current ratio of 8.71, indicating strong short-term liquidity. Dilutive common stock issuance (USD 957,051 in the period) suggests a near-term equity financing element that could impact per-share metrics.
Looking forward, management did not publish formal forward guidance in the QQ4 2024 filing. In the absence of explicit guidance, the investment thesis centers on the sustainability of high margins, potential revenue growth through client expansion and international opportunities, and the management of working capital to convert earnings into positive operating cash flow. Investors should monitor quarterly CFO trends, client mix, and any updates to guidance or strategic initiatives that could alter the revenue trajectory and cash-flow profile.