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

First Majestic (AG) experienced a significant increase in both revenue and expenses in Q4 2024 compared to the previous quarter, Q3 2024:

1. **Revenue Shift**:
- AG's revenue for Q4 2024 was $172.34 million, which is a notable increase from the $146.09 million reported in Q3 2024.
- This indicates a strong revenue performance in the fourth quarter, potentially due to increased production or higher metal prices.
2. **Expense Shift**:
- Similarly, the total expenses for Q4 2024 were $106.01 million, up from $136.17 million in Q3 2024.
- This suggests a reduction in expenses compared to the previous quarter, which could be indicative of improved operational efficiency or cost management measures.
3. **Comparison with Earlier Quarters**:
- AG's revenue and expenses in Q4 2024 are higher than those in Q2 2024, where the revenue was $136.17 million and expenses were $146.09 million.
- This indicates a seasonal increase or a recovery in performance after any potential downturns in earlier quarters.

The shift in AG's revenue and expenses in Q4 2024 reflects a positive financial performance, with revenue increasing and expenses decreasing compared to the immediate previous quarter, suggesting effective management and potentially favorable market conditions.

|code|Ticker|Name|Date|Total Revenue|market_code|
|---|---|---|---|---|---|
|AG|AG.N|First Majestic|2023 Q4|1.36946E8|169|
|AG|AG.N|First Majestic|2024 Q1|1.06014E8|169|
|AG|AG.N|First Majestic|2024 Q2|1.36166E8|169|
|AG|AG.N|First Majestic|2024 Q3|1.46087E8|169|