How did CKX's revenue and expenses shift in Q4 2024 compared to previous quarters?
4/14/2025 05:11pm
**CKX Lands Inc. experienced a significant decrease in revenue and a notable increase in net income in Q4 2024 compared to the previous quarter, Q3 2024.**
1. **Revenue Shift**:
- CKX's total revenue for Q4 2024 was $180,574, which is a substantial increase from the previous quarter's revenue of $171,269. This indicates a recovery or improvement in the company's revenue generation during this period.
- However, when comparing Q4 2024's revenue to Q4 2023, the company's revenue decreased by approximately 33.9%. This suggests that while there was an improvement from Q3 2024, the revenue was still lower than it was in the same quarter of the previous year.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|CKX|CKX.A|CKX Lands|2024 Q1|-14.426104897382993|141849|170|
|CKX|CKX.A|CKX Lands|2024 Q2|177.3999676008424|1027434|170|
|CKX|CKX.A|CKX Lands|2024 Q3|-33.88088684365964|171269|170|
|CKX|CKX.A|CKX Lands|2024 Q4|-73.84622960697071|180574|170|
2. **Net Income Shift**:
- The net income for CKX in Q4 2024 was $32,159, which is a significant increase from the net income of $54,116 in Q3 2024. This indicates a decrease in net income over the past quarter.
- It's important to note that the net income in Q4 2024 was lower than the net income in Q4 2023, which was $35,732. This suggests that while the company was profitable in both quarters, the profitability decreased from the previous year's same quarter.
|code|Ticker|Name|Date|Net Income|market_code|
|---|---|---|---|---|---|
|CKX|CKX.A|CKX Lands|2024 Q3|54116|170|
|CKX|CKX.A|CKX Lands|2024 Q4|32159|170|
3. **Expense Shift**:
- There were no reported expenses for CKX in Q4 2024, which is a significant change from the previous quarter where expenses were likely incurred.
- The lack of expense data prevents a detailed analysis of how expenses may have shifted. However, the absence of expenses could indicate that the company either did not incur any expenses during this period or that the financial statements do not provide a detailed breakdown of expenses.
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|market_code|
|---|---|---|---|---|---|
|CKX|CKX.A|CKX Lands|2023 Q4|303811|170|
|CKX|CKX.A|CKX Lands|2024 Q1|564106|170|
|CKX|CKX.A|CKX Lands|2024 Q2|504183|170|
|CKX|CKX.A|CKX Lands|2024 Q3|168116|170|
In summary, CKX Lands Inc. showed a positive revenue shift in Q4 2024 compared to Q3 2024, but the revenue was still lower than in the same quarter of the previous year. There was a notable increase in net income from Q3 2024 to Q4 2024, but the net income was lower than in Q4 2023. The absence of expense data prevents a full analysis of how expenses may have shifted, but it is clear that there was a significant change in net income.