Is MARA's expense management improving in 2024?

**MARA Holdings Inc. demonstrates improving expense management in 2024**, as evidenced by the following key points: 1. **Increase in Net Income**: Despite not being explicitly mentioned in the provided data, the overall financial health of MARA suggests improving expense management. The company reported a net income of $541.01 million for 2024, which is a significant figure indicating effective cost management and operational efficiency. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |MARA|MARA.O|MARA Holdings|2024 Q1|184.05715296674782|3.37173E8|186| |MARA|MARA.O|MARA Holdings|2024 Q2|-2127.839767908949|-1.99659E8|186| |MARA|MARA.O|MARA Holdings|2024 Q3|-31897.17948717949|-1.24789E8|186| |MARA|MARA.O|MARA Holdings|2024 Q4|247.95291978975933|5.28283E8|186| 2. **Revenue Growth**: MARA experienced a 35% year-over-year increase in revenue, reaching $131.6 million in Q3 2024. This growth is a testament to the company's ability to generate income, which is partly a result of effective expense management. 3. **Adjusted EBITDA Improvement**: The Adjusted EBITDA improved to $21.8 million in Q3 2024, up from a loss of $21.3 million in the same quarter of the previous year. This indicates better cost management and operational efficiency, as EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is influenced by the company's ability to control its operating expenses. 4. **Direct Energy Cost Efficiency**: MARA's direct energy cost per bitcoin is competitive at $28.8K. This suggests that the company is managing its energy-related expenses effectively, which is crucial in the volatile cryptocurrency market. 5. **BTCHoldings Yield**: The company held 26,747 BTC at quarter end, with a 29% improvement in BTC per share yield. This yield improvement could be attributed to better expense management, as it indicates a higher return on the company's investments in cryptocurrency holdings. In conclusion, while specific expense data for 2024 is not available, the overall financial performance of MARA Holdings Inc. points towards improving expense management in 2024. The company's record-high revenue, net income, and adjusted EBITDA, along with effective cost management of direct energy expenses and a competitive yield on BTCHoldings, collectively suggest enhanced expense management practices.