How did XIFR's revenue and expenses shift in Q4 2024 compared to previous quarters?
4/14/2025 07:17pm
XIFR's revenue and expenses in Q4 2024 showed a significant decline in net income along with a decrease in total revenue compared to the previous quarter, Q3 2024.
1. **Revenue Shift**:
- XIFR's total revenue for Q4 2024 was $294 million.
- The revenue in the previous quarter, Q3 2024, was $319 million.
- This indicates a decrease in revenue of $25 million, which may reflect a downturn in the company's performance or operational efficiency.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|XIFR|XIFR.N|XPLR|2023 Q4|862.5|2.31E8|169|
|XIFR|XIFR.N|XPLR|2024 Q1|4.8979591836734695|2.57E8|169|
|XIFR|XIFR.N|XPLR|2024 Q2|22.866894197952217|3.6E8|169|
|XIFR|XIFR.N|XPLR|2024 Q3|3.571428571428571|3.19E8|169|
2. **Net Income Shift**:
- XIFR reported a net loss of $420 million in Q4 2024.
- The net loss in Q3 2024 was $83 million.
- This substantial increase in net losses suggests that the company faced significant challenges or expenses in Q4 2024, leading to a much larger financial loss.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|XIFR|XIFR.N|XPLR|2024 Q1||3.5E7|169|
|XIFR|XIFR.N|XPLR|2024 Q2||5.8E7|169|
|XIFR|XIFR.N|XPLR|2024 Q3||-8.3E7|169|
|XIFR|XIFR.N|XPLR|2024 Q4|-383.78378378378375|-4.2E8|169|
In conclusion, XIFR experienced a sharp decline in both revenue and net income in Q4 2024 compared to Q3 2024, indicating a challenging period for the company.