How did CURB's operating expenses impact its Q4 2024 net profit?

Curbline Properties Corp.'s (CURB) operating expenses for Q4 2024 were $11.47 million. The impact of these expenses on the net profit can be analyzed as follows: 1. **Comparison with Revenue**: CURB's revenue for the period was $34.6 million, based on analysts' estimates. This indicates that the company's revenue was significantly higher than its operating expenses. 2. **Net Income**: Despite the high operating expenses, CURB reported a net income of $11.47 million for the quarter. This suggests that the company was able to generate a profit despite the expenses. 3. **Efficiency and Profitability**: The company's focus on cost optimization and financial efficiency is evident, as evidenced by the decrease in operating expenses in Q4 2024, which was part of a broader effort to reduce costs across all cost groups. This strategic move likely contributed to the positive net income. 4. **Cash Position**: CURB ended the year with over $1.4 million in cash and cash equivalents, and no secured debt. This strong liquidity position would have provided a cushion against the expenses and helped the company maintain its financial stability. In conclusion, while CURB's operating expenses were substantial, the company's high revenue, cost optimization efforts, and strong cash position likely enabled it to maintain a positive net income in Q4 2024.