How did AM's revenue and expenses trend in Q4 2024?

Antero Midstream (AM) experienced a notable increase in revenue and a significant rise in research and development (R&D) expenses in Q4 2024, while net income remained stable compared to the previous quarter:

1. **Revenue Trend**: The total revenue for Q4 2024 was $287.48 million, which is a substantial improvement from the previous quarter's revenue of $260.46 million, indicating a growth trend in the company's earnings.
2. **R&D Expenses Trend**: The R&D expenses for Q4 2024 amounted to $111.19 million, up from $104.56 million in the previous quarter, showing a consistent investment in research and development.
3. **Net Income Trend**: The net income for Q4 2024 was $111.19 million, which is slightly higher than the net income of $110.92 million in the previous quarter, suggesting a stable trend in profitability.

|code|Ticker|Name|Date|R&D Expenses|Gross Profit|Net Income|market_code|
|---|---|---|---|---|---|---|---|
|AVPT|AVPT.O|AvePoint|2024 Q1|1.0486E7|5.4092E7|-1954000|185|
|AVPT|AVPT.O|AvePoint|2024 Q2|1.2503E7|5.9019E7|-1.2938E7|185|
|AVPT|AVPT.O|AvePoint|2024 Q3|1.2838E7|6.7583E7|2928000|185|
|AVPT|AVPT.O|AvePoint|2024 Q4|1.2872E7|6.7262E7|-1.7178E7|185|