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

In Q4 2024, Profound Medical (PROF) experienced a decline in revenue and an increase in expenses, resulting in a negative net income. 1. **Revenue Trend**: The total revenue for PROF in Q4 2024 was $3.71 million, with a year-over-year growth rate of 0.84%. This indicates a slight increase in revenue compared to the previous year, but the growth rate is relatively low. 2. **Expense Trend**: The total expenses for PROF in Q4 2024 were $2.01 million. Without comparative data for previous quarters, we cannot assess the trend of expenses over time. However, the fact that the company reported a negative net income suggests that the expenses may have been higher than the revenue in this period. 3. **Net Income**: The net income for PROF in Q4 2024 was -$5.33 million. This indicates a significant loss for the company during this quarter, which could be attributed to higher expenses or lower revenue compared to the previous quarter. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |PROF|PROF.O|Profound Medical|2023 Q4|59.82498011137629|2009000|186| |PROF|PROF.O|Profound Medical|2024 Q1|-22.63440860215054|1439000|186| |PROF|PROF.O|Profound Medical|2024 Q2|39.38826466916355|2233000|186| |PROF|PROF.O|Profound Medical|2024 Q3|63.888888888888886|2832000|186| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |PROF|PROF.O|Profound Medical|2023 Q4|9.06896189776425|-8663000|186| |PROF|PROF.O|Profound Medical|2024 Q1|3.994751421490013|-6585000|186| |PROF|PROF.O|Profound Medical|2024 Q2|1.10062893081761|-6919000|186| |PROF|PROF.O|Profound Medical|2024 Q3|-68.4049631361266|-9365000|186|