How did CPHC's revenue and expenses shift in Q4 2024?

Canterbury Park Holding (CPHC) experienced a significant decline in net income, with a reported $1.25 million loss in Q4 2024, compared to the previous quarter. Despite this, the company's total revenue remained relatively stable at $38.77 million. The major expense components, such as Operating Expenses, Financing Expenses, and Selling, General, and Administrative Expenses, were all reported at $6.94 million, which suggests that these costs were not significantly impacting revenue. However, the fact that the company reported a loss indicates that there were other factors contributing to the negative financial results. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |CPHC|CPHC.O|Canterbury Park Holding|20240101-2024|Other|6593382|185| |CPHC|CPHC.O|Canterbury Park Holding|20240101-2024|Other|5774290|185| |CPHC|CPHC.O|Canterbury Park Holding|20240101-2024|Other|2798621|185| |CPHC|CPHC.O|Canterbury Park Holding|20240101-2024|Other|1140544|185| |CPHC|CPHC.O|Canterbury Park Holding|20240101-2024|Other|1140544|185| |CPHC|CPHC.O|Canterbury Park Holding|20240101-2024|Food and Beverage|1727149|185| |CPHC|CPHC.O|Canterbury Park Holding|20240101-2024|Casino|1.0056028E7|185| |CPHC|CPHC.O|Canterbury Park Holding|20240101-2024|Pari-Mutuel|1174268|185| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q1|-63.97216683727316|998154|185| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q2|-93.60823047600152|338286|185| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q3|77.92904860428462|2021806|185| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q4|-191.31076794939287|-1245404|185| |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q1|6.003440114325604|1.4097989E7|185| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q2|-0.8523782855235029|1.6202395E7|185| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q3|0.0820923256857587|1.9284367E7|185| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q4|-4.386710596091039|1.1977537E7|185| |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Interest Expenses|Operating Expenses|market_code| |---|---|---|---|---|---|---|---| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q1|7145284|||185| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q2|8131166|||185| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q3|8895385|||185| |CPHC|CPHC.O|Canterbury Park Holding|2024 Q4|6940766|||185|