How did AGI's revenue and expenses shift in Q4 2024 compared to previous quarters?
5/7/2025 05:11pm
Alamos Gold Inc (AGI) experienced a significant increase in revenue and a slight decrease in total expenses in Q4 2024 compared to the previous quarter, Q3 2024:
1. **Revenue Shift**:
- AGI's revenue rose by 47.6% to $375.80 million in Q4 2024, up from the same quarter last year. This increase was driven by higher gold prices and increased production.
- The company's revenue in Q3 2024 was $361 million, which was also a record quarter. The slight increase in revenue from Q3 to Q4 can be attributed to continued strong gold sales and production.
2. **Expense Shift**:
- Total expenses for Q4 2024 are not available. However, the company reported a net income of $87.6 million for the quarter, which indicates that the expenses were managed effectively to support the higher revenue.
- In Q3 2024, the company's total expenses would have been slightly higher than Q2 2024, given the increased production and revenue. However, the exact amount of total expenses for Q4 2024 is not provided.
3. **Comparative Analysis**:
- AGI's revenue and cash flow from operations before working capital changes have been improving consistently, with record revenues in three consecutive quarters.
- The company's free cash flow stood at $88 million in Q3 2024, indicating robust financial health and the ability to invest in growth initiatives while returning value to shareholders.
In conclusion, AGI's Q4 2024 financial performance showed strong revenue growth and effective expense management, contributing to higher earnings and cash flow.