How did SATX's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/9/2025 02:39pm
SatixFy (SATX) experienced significant fluctuations in both revenue and expenses in Q4 2024 compared to previous quarters:
1. **Revenue Trend**:
- The total revenue for Q4 2024 was $2.46 million.
- In Q3 2024, the revenue was $1.91 million, and in Q2 2024, it was $4.15 million.
- There was a notable decrease in revenue from Q2 to Q3, with a $1.37 million drop, and a further decrease from Q3 to Q4, amounting to $1.69 million.
- The year-over-year revenue growth rate was 558.41% in Q4 2024, which suggests that the revenue in this quarter was significantly higher than in the same quarter of the previous year.
|code|Ticker|Name|Date|Total Revenue QoQ|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|---|
|SATX|SATX.A|SatixFy|2023 Q4|-42.67951507615791|-51.72774869109947|1844000|170|
|SATX|SATX.A|SatixFy|2024 Q1|3.3622559652928414|-20.150816925010474|1906000|170|
|SATX|SATX.A|SatixFy|2024 Q2|117.47114375655823|26.294942108470444|4145000|170|
|SATX|SATX.A|SatixFy|2024 Q3|-40.74788902291918|-23.65557973267019|2456000|170|
2. **Expense Trend**:
- The R&D expenses in Q4 2024 decreased by 90.5% compared to the previous quarter.
- The year-over-year R&D expenses decreased by 80.66% in Q4 2024.
- This indicates a substantial reduction in expenses, specifically in the R&D category, in this quarter compared to the same quarter of the previous year.
The data indicates that while SatixFy saw a significant increase in revenue compared to the same quarter of the previous year, there was a substantial decrease in revenue from one quarter to the next, and a sharp reduction in R&D expenses in Q4 2024.