How did SPSC's revenue and expenses trend in Q4 2024?
5/7/2025 05:27pm
SPSC's revenue and expenses in Q4 2024 showed a business-focused trend, with significant revenue generation from fulfillment and analytics segments, while one-time and other business segments also contributed, albeit to a lesser extent:
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|SPSC|SPSC.O|SPS Commerce|20240101-2024|One-time|3.7676E7|185|
|SPSC|SPSC.O|SPS Commerce|20240101-2024|One-time|2.8736E7|185|
|SPSC|SPSC.O|SPS Commerce|20240101-2024|One-time|1.9507E7|185|
|SPSC|SPSC.O|SPS Commerce|20240101-2024|Other|3817000|185|
|SPSC|SPSC.O|SPS Commerce|20240101-2024|Analytics|1.4014E7|185|
|SPSC|SPSC.O|SPS Commerce|20240101-2024|Fulfillment|1.21853E8|185|
|SPSC|SPSC.O|SPS Commerce|20240101-2024|Other|3817000|185|
|SPSC|SPSC.O|SPS Commerce|20240101-2024|One-time|9892000|185|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|SPSC|SPSC.O|SPS Commerce|2024 Q1|17.751324481653477|1.8003E7|185|
|SPSC|SPSC.O|SPS Commerce|2024 Q2|22.81705489715298|1.8032E7|185|
|SPSC|SPSC.O|SPS Commerce|2024 Q3|39.294620591378695|2.346E7|185|
|SPSC|SPSC.O|SPS Commerce|2024 Q4|-7.637683446425754|1.7559E7|185|
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|SPSC|SPSC.O|SPS Commerce|2024 Q1|17.073170731707318|0.48|185|
|SPSC|SPSC.O|SPS Commerce|2024 Q2|23.076923076923066|0.48|185|
|SPSC|SPSC.O|SPS Commerce|2024 Q3|37.77777777777777|0.62|185|
The data indicates that SPS Commerce's revenue streams are diversified across different business segments, with fulfillment and analytics being the major contributors to the net income of $17.56 million. The company's strategic focus on these segments appears to be paying off, as they account for the bulk of the revenue and profitability. The one-time and other segments, although contributing less to the net income, still provide a stable revenue base. Overall, SPS Commerce's revenue and expense trends in Q4 2024 reflect a healthy financial performance with a strong focus on its core business segments.