How did CMCL's revenue and expenses shift in Q4 2024?

Caledonia Mining Corporation (CMCL) experienced a significant shift in its revenue and expenses in Q4 2024, primarily driven by changes in the business segments' performance.

1. Revenue Shift:
   • The company's revenue was predominantly generated from the Blanket Mine, with $179.37 million in revenue, and $132.85 million from the same source in the previous quarter. This indicates a strong performance from the Blanket Mine segment.
   • The Bilboes Oxide Mine contributed $3.65 million and $2.65 million in revenue in Q4 2024 and the preceding quarter, respectively. This suggests a decrease in revenue from this segment.

2. Expense Shift:
   • The net income for Q4 2024 was $7.52 million. This figure indicates that the company's expenses were effectively managed to achieve a positive net income.

In conclusion, Caledonia Mining Corporation saw a notable increase in revenue from the Blanket Mine, while experiencing a decline in revenue from the Bilboes Oxide Mine. The company's expenses were well-controlled, as evidenced by the positive net income recorded for Q4 2024.