How did CompX International's revenue and expenses trend in Q4 2024 compared to previous quarters?
4/14/2025 06:14pm
CompX International's revenue and net income for Q4 2024 showed a positive trend compared to the previous quarter, with both figures exhibiting an increase:
1. **Revenue Trend**: The revenue for Q4 2024 was $43.17 million, which is higher than the revenue of $42.86 million recorded in the previous quarter, Q3 2024. This indicates a positive revenue trend, suggesting that the company's sales and income have increased.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|CIX|CIX.A|CompX International|2020 Q1|3.6406209905055174|3.2311E7|170|
|CIX|CIX.A|CompX International|2020 Q2|-29.439667951378595|2.38E7|170|
|CIX|CIX.A|CompX International|2020 Q3|-4.299229034104299|2.8426E7|170|
|CIX|CIX.A|CompX International|2020 Q4|1.2384841224310736|3.0E7|170|
|CIX|CIX.A|CompX International|2021 Q1|11.181950419361828|3.5924E7|170|
|CIX|CIX.A|CompX International|2021 Q2|52.3235294117647|3.6253E7|170|
|CIX|CIX.A|CompX International|2021 Q3|21.564764652079084|3.4556E7|170|
|CIX|CIX.A|CompX International|2021 Q4|13.606666666666667|3.4082E7|170|
|CIX|CIX.A|CompX International|2022 Q1|17.05266674089745|4.205E7|170|
|CIX|CIX.A|CompX International|2022 Q2|14.95600364107798|4.1675E7|170|
2. **Net Income Trend**: The net income for Q4 2024 was $6.7 million, compared to $6.18 million in the previous quarter, Q2 2024. This also represents an increase in net income, indicating better profitability for the period.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CIX|CIX.A|CompX International|2020 Q1|7.150025087807325|4271000|170|
|CIX|CIX.A|CompX International|2020 Q2|-57.81409601634321|2065000|170|
|CIX|CIX.A|CompX International|2020 Q3|-52.86853614612812|1832000|170|
|CIX|CIX.A|CompX International|2020 Q4|-33.28173374613003|2155000|170|
|CIX|CIX.A|CompX International|2021 Q1|9.69328026223367|4685000|170|
|CIX|CIX.A|CompX International|2021 Q2|123.72881355932203|4620000|170|
|CIX|CIX.A|CompX International|2021 Q3|125.54585152838429|4132000|170|
|CIX|CIX.A|CompX International|2021 Q4|45.29002320185615|3131000|170|
|CIX|CIX.A|CompX International|2022 Q1|6.382070437566702|4984000|170|
|CIX|CIX.A|CompX International|2022 Q2|33.67965367965368|6176000|170|
The upward trend in both revenue and net income suggests that CompX International has experienced improved financial performance in Q4 2024 compared to the preceding quarters, likely due to factors such as market conditions, business strategies, or operational efficiencies.