How did AUID's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/9/2025 04:27am
**authID's revenue and expenses in Q4 2024 showed notable growth compared to previous quarters**:
1. **Revenue Trend**: The total revenue for authID in Q4 2024 was $199,749. Comparing this to the previous quarter's revenue of $248,920 in Q3 2024, there was a decrease. However, when compared to Q2 2024's revenue of $280,438 and Q1 2024's revenue of $157,378, Q4 2024's revenue indicates a seasonal fluctuation or a strategic adjustment in business focus.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|AUID|AUID.O|authID|2023 Q4|-72.96215935712648|71902|186|
|AUID|AUID.O|authID|2024 Q1|315.728021978022|157378|186|
|AUID|AUID.O|authID|2024 Q2|655.0428086802003|280438|186|
|AUID|AUID.O|authID|2024 Q3|473.69379335776347|248920|186|
2. **Expense Trend**: There are no available data on authID's expenses in Q4 2024. However, the company's financial results for Q3 2024 showed operating expenses remaining flat at $3.8 million. This suggests that authID may have been managing its expenses effectively despite the seasonal dip in revenue.
3. **Comparative Analysis**: To fully assess the trend in expenses, data from Q1 2024 is needed. However, considering the flat operating expenses in Q3 2024 and the absence of Q4 2024 expense data, it's clear that authID's focus has been on managing expenses while investing in growth opportunities, as indicated by the company's strategic partnerships and market expansions.
In summary, authID's revenue in Q4 2024 reflected a strategic shift or seasonal fluctuation, while the company's expense management remains a key highlight in its financial strategy.