SCWorx Corp.WORXEarnings & Financial Report
SCWorx Corp is a technology company specializing in healthcare supply chain management solutions. It offers data normalization, contract management, and procurement automation tools, serving hospitals, medical systems, and healthcare providers primarily across the United States to improve operational efficiency and cost control.
Revenue
$812.1K
Gross Profit
$208.6K
Operating Profit
$-178.5K
Net Profit
$-178.7K
Gross Margin
25.7%
Operating Margin
-22.0%
Net Margin
-22.0%
YoY Growth
-18.6%
EPS
$-0.14
SCWorx Corp. Q1 FY2024 Financial Summary
SCWorx Corp. reported revenue of $812.1K (down 18.6% YoY) for Q1 FY2024, with a net profit of $-178.7K (up 55.3% YoY) (-22.0% margin). Cost of goods sold was $603.5K, operating expenses totaled $387.1K.
Key Financial Metrics
| Total Revenue | $812.1K |
|---|---|
| Net Profit | $-178.7K |
| Gross Margin | 25.7% |
| Operating Margin | -22.0% |
| Report Period | Q1 FY2024 |
SCWorx Corp. Annual Revenue by Year
SCWorx Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.9M |
| 2024 | $3.0M |
| 2023 | $3.8M |
| 2022 | $4.0M |
SCWorx Corp. Quarterly Revenue & Net Profit History
SCWorx Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $768.9K | +13.8% | $-749.2K | -97.4% |
| Q3 FY2025 | $705.8K | -7.1% | $-1.3M | -186.0% |
| Q2 FY2025 | $682.6K | -8.0% | $-1.9M | -279.2% |
| Q1 FY2025 | $720.3K | -11.3% | $-476.3K | -66.1% |
| Q4 FY2024 | $675.7K | -25.8% | $-195.3K | -28.9% |
| Q3 FY2024 | $759.7K | -16.2% | $-425.0K | -55.9% |
| Q2 FY2024 | $742.0K | -25.1% | $-337.3K | -45.5% |
| Q1 FY2024 | $812.1K | -18.6% | $-178.7K | -22.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $812099 | $742027 | $759724 | $675749 | $720299 | $682632 | $705799 | $768899 |
| YoY Growth | -18.6% | -25.1% | -16.2% | -25.8% | -11.3% | -8.0% | -7.1% | 13.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.3M | $6.5M | $6.5M | $6.3M | $7.2M | $6.6M | $7.2M | $7.9M |
| Liabilities | $2.6M | $2.9M | $2.0M | $1.9M | $1.6M | $1.2M | $1.2M | $743596 |
| Equity | $3.7M | $3.6M | $4.5M | $4.5M | $5.6M | $5.5M | $6.0M | $7.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-59482 | $-280823 | $-609555 | $-134432 | $-404621 | $-651833 | $-358080 | $-129076 |