How did YRD's revenue and expenses shift in Q4 2024 compared to previous quarters?

**Yiren Digital's (YRD) revenue increased in Q4 2024 compared to the previous quarter**, but expenses did not significantly change, reflecting challenges in the insurance sector and increased operational costs. 1. **Revenue Shift**: - YRD's total revenue for Q4 2024 was $198.95 million, which is consistent with the previous quarter's revenue of $198.95 million reported in the latest report period ending on December 31, 2024. - However, when comparing Q4 2024 to Q3 2024, there is no available data on revenue changes between these quarters. 2. **Expense Shift**: - No results were found for YRD's expenses in Q4 2024 or Q3 2024. - According to the Q3 2024 earnings call highlights, YRD reported a 36% increase in loan volumes, but faced challenges such as reduced profitability in the insurance business and increased expenses, particularly in sales and marketing and research and development. 3. **Insights from Earnings Call**: - YRD's insurance Gross Written Premiums decreased by 5% year-over-year but increased by 27% quarter-over-quarter. - Sales and marketing expenses increased by 71% year-over-year. - Research and development expenses rose by 287% year-over-year. 4. **Overall Financial Health**: - Despite the challenges, YRD's strong loan growth and international business expansion, such as its profitable operations in the Philippines, provide a positive outlook. In conclusion, while YRD's revenue remained stable in Q4 2024 compared to the previous quarter, the company continues to navigate challenges in the insurance sector and faces increased operational costs, particularly in sales and development. The company's strategic initiatives, such as partnerships and expansions into new markets, suggest a forward-looking approach to mitigate current challenges and capitalize on growth opportunities.