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

AST SpaceMobile's revenue and expenses in Q4 2024 are not currently available. However, we can analyze the available data from Q3 2024 to gain insights into the company's financial trends.

1. **Revenue Trend**: AST SpaceMobile reported revenues of $1.1 million for the quarter ended September 30, 2024. This is a notable figure considering the company's focus on a space-based cellular broadband network, which is a significant investment. The revenue generated primarily comes from a U.S. Government contract, indicating the company's ability to generate income from public sector partnerships.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|ASTS|ASTS.O|AST SpaceMobile|2024 Q1||500000|185|
|ASTS|ASTS.O|AST SpaceMobile|2024 Q2||900000|185|
|ASTS|ASTS.O|AST SpaceMobile|2024 Q3||1100000|185|
|ASTS|ASTS.O|AST SpaceMobile|2024 Q4||1918000|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|ASTS|ASTS.O|AST SpaceMobile|2024 Q1|11.969214437367304|-3.9804E7|185|
|ASTS|ASTS.O|AST SpaceMobile|2024 Q2|-164.87729133477183|-1.3135E8|185|
|ASTS|ASTS.O|AST SpaceMobile|2024 Q3|-497.2255064238984|-3.0308E8|185|
|ASTS|ASTS.O|AST SpaceMobile|2024 Q4|32.4516363259167|-5.2096E7|185|

2. **Expense Trend**: The company's total operating expenses for the three months ended September 30, 2024, were $66.6 million. This includes increased costs in engineering, administrative, and R&D, reflecting the company's ongoing efforts to develop its satellite network and ASIC chip. The company also reported $374 million in gross capitalized property and equipment costs, highlighting its substantial investment in infrastructure.
3. **Net Income Trend**: AST SpaceMobile reported a net loss of $171.95 million for the quarter ended September 30, 2024. This loss is primarily attributed to the remeasurement of warrant liabilities, which amounted to $236.9 million. The company's net loss per share was $1.1, indicating a substantial increase in losses per share compared to the prior year.
4. **Comparative Analysis**: When compared to the previous year, AST SpaceMobile has shown improvement in revenue generation, albeit from a very low base. However, the net loss has increased, which is a common phenomenon in companies at the early stages of significant investment and project development.

In conclusion, AST SpaceMobile has demonstrated growth in revenue but continues to operate at a loss in Q3 2024, primarily due to high expenses related to satellite deployment and infrastructure development. The company's focus on long-term strategic agreements, such as with Vodafone, and government contracts suggests a promising future once the network is fully operational.