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

Nuvve Holding (NVVE) experienced a significant increase in gross margin, which improved by 12.9% to 33.14% in Q4 2024 compared to the previous quarter. However, the company reported a net loss of $5.1 million, which did not significantly change from the previous quarter. The operating expenses were not provided, making it difficult to analyze the trend of NVVE's expenses in Q4 2024. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |NVVE|NVVE.O|Nuvve Holding|20240101-2024|Grants|409977|186| |NVVE|NVVE.O|Nuvve Holding|20240101-2024|Grants|323722|186| |NVVE|NVVE.O|Nuvve Holding|20240101-2024|Grants|214837|186| |NVVE|NVVE.O|Nuvve Holding|20240101-2024|Grants|83416|186| |NVVE|NVVE.O|Nuvve Holding|20240101-2024|Grants|83416|186| |NVVE|NVVE.O|Nuvve Holding|20240101-2024|Services|219871|186| |NVVE|NVVE.O|Nuvve Holding|20240101-2024|Products|476469|186| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |NVVE|NVVE.O|Nuvve Holding|2024 Q1|12.158684508893808|-6728737|186| |NVVE|NVVE.O|Nuvve Holding|2024 Q2|50.53899019513415|-3949015|186| |NVVE|NVVE.O|Nuvve Holding|2024 Q3|80.2019117173236|-1649843|186| |NVVE|NVVE.O|Nuvve Holding|2024 Q4|30.336797263103822|-5098817|186| |code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code| |---|---|---|---|---|---|---| |NVVE|NVVE.O|Nuvve Holding|2024 Q1|34.6662|63.24260689395368|186| |NVVE|NVVE.O|Nuvve Holding|2024 Q2|29.6963|109.7033422544859|186| |NVVE|NVVE.O|Nuvve Holding|2024 Q3|41.9955|221.2433449605287|186| |NVVE|NVVE.O|Nuvve Holding|2024 Q4|33.1365|104.39363191690157|186|