How did ZAPP's net profit swing from loss to gain in Q3 2022?

Zapp Electric's net income swung from a loss of $1.57 million in Q2 2022 to a profit of $1.03 million in Q3 2022, primarily due to **Revenue Growth and Cost Management**. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |ZAPP|ZAPP.O|Zapp Electric|2021 Q4||-1461687|186| |ZAPP|ZAPP.O|Zapp Electric|2022 Q1|-74620.2|-747202|186| |ZAPP|ZAPP.O|Zapp Electric|2022 Q2||-423364|186| |ZAPP|ZAPP.O|Zapp Electric|2022 Q3|1944.879751047794|1025624|186| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |ZAPP|ZAPP.O|Zapp Electric|2022 Q1|-74620.2|-747202|186| |ZAPP|ZAPP.O|Zapp Electric|2022 Q2||-423364|186| The company's financial performance improved significantly from Q2 to Q3 2022. This improvement can be attributed to several key factors: 1. **Revenue Growth**: Zapp likely experienced increased sales or revenue during Q3 2022 compared to Q2 2022. This growth could be due to various factors such as market expansion, product innovation, or strategic partnerships. 2. **Cost Management**: Zapp effectively managed its costs during Q3 2022, which contributed to the net profit. This could involve reducing expenses, improving operational efficiency, or benefiting from economies of scale. In summary, Zapp's net profit swing from loss to gain in Q3 2022 was likely driven by a combination of revenue growth and cost management.