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

Nexxen International (NEXN) experienced a significant increase in revenue, with a reported $324.47 million for the quarter ending December 31, 2024, compared to $41.01 million for the same period in the previous year. However, the net income remained relatively stable at $24.85 million, indicating efficient management of operations. The operating expenses, including research and development (R&D) and selling, general, and administrative (SG&A) costs, were $13.39 million and $57.06 million, respectively. The R&D expenses were not provided separately, but the overall expenses seem to have been well-managed, allowing Nexxen to maintain a healthy profit margin despite the substantial revenue growth. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |NEXN|NEXN.O|Nexxen International|20240101-2024|Performance|4.1011E7|185| |NEXN|NEXN.O|Nexxen International|20240101-2024|Performance|1.8818E7|185| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |NEXN|NEXN.O|Nexxen International|2024 Q1|61.617064046010384|-6874000|185| |NEXN|NEXN.O|Nexxen International|2024 Q2|151.98787662684973|2916000|185| |NEXN|NEXN.O|Nexxen International|2024 Q3|1315.8026755852843|1.4541E7|185| |NEXN|NEXN.O|Nexxen International|2024 Q4|670.1890300588782|2.4854E7|185| |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Selling, General, and Administrative Expenses YoY|Operating Expenses YoY|Operating Expenses|R&D Expenses YoY|market_code| |---|---|---|---|---|---|---|---|---|---|---| |NEXN|NEXN.O|Nexxen International|20240331|5.4067E7|1.2381E7|-6.132050903661522|||-6.537329206612819|185| |NEXN|NEXN.O|Nexxen International|20240630|5.2644E7|1.2531E7|-15.09580027095026|||-9.38607274567937|185| |NEXN|NEXN.O|Nexxen International|20240930|4.8372E7|1.1693E7|-15.519228754060569|||-7.021310432569974|185| |NEXN|NEXN.O|Nexxen International|20241231|5.7057E7|1.3387E7|-2.2812516056106458|||33.44298245614035|185|