How has DOYU's revenue and expenses trended in Q4 2024 compared to previous quarters?

**DouYu International Holdings (DOYU) has shown a decline in revenue and an increase in expenses in Q4 2024 compared to previous quarters.** 1. **Revenue Trend**: - DOYU's revenue for Q4 2024 was $155.63 million. - This is a decrease from the previous quarter's revenue of $151.49 million. - The revenue trend over the past four quarters has been relatively stable, with a slight increase from Q2 to Q3 and a slight decrease from Q3 to Q4. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |DOYU|DOYU.O|DouYu International Holdings|2023 Q4|-25.108732369170166|1.825324246121E8|185| |DOYU|DOYU.O|DouYu International Holdings|2024 Q1|-33.3204936974366|1.439945705056E8|185| |DOYU|DOYU.O|DouYu International Holdings|2024 Q2|-26.031594635819488|1.4201356834778E8|185| |DOYU|DOYU.O|DouYu International Holdings|2024 Q3|-18.681211097479096|1.5149068056486E8|185| 2. **Expense Trend**: - Specific expense data for Q4 2024 is not available. - However, the annual operating expenses for DOYU's most recently reported fiscal year (ending 2024-12-31) were $663.68 million. - The company's earnings report for Q4 2024 indicates a net loss of $163.7 million (adjusted net loss of $68.8 million), which suggests that the expenses were significant compared to the revenue generated. 3. **Comparison with Previous Quarters**: - DOYU's revenue and expenses have been under pressure, with earnings declining at an average annual rate of -30.8% and revenues declining at an average rate of -13.4%. - The company's gross profit margin has been压缩 (compressed), indicating increased costs relative to revenue. 4. **Gross Profit and Net Loss**: - The gross profit for Q4 2024 was $69.8 million, which is a decrease from the previous quarter's gross profit. - The net loss for Q4 2024 was $163.7 million, indicating that the company's expenses were greater than its revenue during this period. In conclusion, DOYU's revenue has shown a slight decline from Q3 to Q4 2024, while specific Q4 2024 expenses are not available. However, the company's financial reports suggest that expenses, particularly operating expenses, were significant, leading to a net loss. This trend is consistent with the broader decline in earnings and revenue over the past few quarters.