How did AirSculpt's revenue and expenses trend in Q4 2024?

**AirSculpt Technologies Inc. (AIRS) experienced a decline in revenue and an increase in net loss in Q4 2024 compared to the same period in the previous year.** Here's a detailed analysis: 1. **Revenue Trend**: - In Q4 2024, AIRS reported a decline of 9.1% in revenue compared to the same quarter in the previous year. - The company's revenue guidance for Q4 2024 was revised to a range of $183 million to $189 million, which reflects a slight adjustment from the previous forecast. 2. **Net Income Trend**: - AirSculpt reported a net loss of $6.04 million in Q4 2024, which is a significant increase from the net loss in the same quarter of the previous year. - The net loss per share was $0.10, further deteriorated from the previous year's net loss per share of $0.029. 3. **Expense Analysis**: - The company's focus on cost management was evident, with an emphasis on improving lead conversion and new center performance to drive future growth. - Adjusted EBITDA for Q4 2024 was $4.7 million, which represented 11% of revenue. - The average revenue per case was $12,984, compared to $13,658 in the previous year's Q3. - Cost of service increased to 41.8% of revenue, up from 38.8% in the prior year period. - Customer acquisition cost was $2,900 per case, compared to $2,750 in the prior year. 4. **Operational Highlights**: - Despite the decline in revenue, AIRS opened four new centers during Q3 2024, bringing the total number of facilities to 31 as of September 30, 2024. - The company has been implementing new payment options to provide consumers with more flexibility, potentially driving incremental revenue. In conclusion, AIRS faced challenges in Q4 2024 with a decrease in revenue and an increase in net loss. However, the company's strategic initiatives focused on cost management and new center performance are expected to contribute to future growth.