How did BLBX's revenue and expenses trend in Q4 2024?
5/9/2025 05:10am
**Blackboxstocks Inc. (BLBX) experienced a decline in revenue and a reduction in expenses in Q4 2024.**
1. **Revenue Trend**: BLBX's revenue decreased by 18.56% in the last twelve months to $2.76 million. This decline is attributed to a reduction in the number of subscribers. The company's 10-Q report for the quarterly period ended September 30, 2024, shows a decline in revenue to $646,792 from $727,218 in the same quarter the previous year, attributed to fewer subscribers.
2. **Expense Trend**: The company's gross margin remained consistent with the previous year at 55%. Operating expenses for the quarter were $1,088,582, down from $1,269,769 in the previous year, due to reduced expenditures in software development, advertising, and marketing. The company reported an operating loss of $734,166 for the quarter, compared to a loss of $869,229 in the previous year, and a net loss of $780,833, compared to $671,745 in the previous year, both losses impacted by financing costs and stock-based compensation.
In summary, BLBX faced a challenging market environment in Q4 2024, resulting in decreased revenue and continued cost management efforts to reduce expenses.