How did Crane NXT's revenue and expenses trend in Q4 2024 compared to previous quarters?

Crane NXT's revenue and expenses in Q4 2024 showed notable increases compared to the previous quarter, reflecting significant growth and strategic acquisitions.

1. Revenue Trend:
   • Q4 2024: Crane NXT reported total revenue of $403.5 million.
   • Q3 2024: The revenue was slightly lower at $399.1 million.
   • Q2 2024: Revenue decreased to $370.6 million.
   • Q1 2024: The lowest revenue was recorded at $313.6 million.

• The significant increase of 14.3% from Q3 to Q4 2024, reaching $403.5 million, indicates a strong performance driven by core sales growth and acquisitions.

2. Expense Trend:
   • No data is available for CXT's expenses in Q4 2024.
   • However, the company's financial reports and news articles provide insights into related metrics:
     • Gross Profit: Increased to $171.3 million, calculated as net sales minus cost of sales.
     • Operating Profit: Decreased to $75.0 million, primarily due to an unfavorable mix and the impact of the OpSec acquisition.
     • Net Income: Decreased to $47.1 million, mainly due to the mix of non-U.S. earnings.
   • The absence of direct expense data for Q4 2024 makes it challenging to provide a comprehensive analysis of the trend. However, the information on gross and operating profits suggests that while revenue increased, the impact of operational and acquisition-related factors led to a decrease in net income.
3. Strategic Implications:
   • The acquisition of OpSec Security is a significant factor influencing the revenue and expense trends. The deal is expected to add to adjusted earnings in 2025 and achieve a double-digit return on invested capital by year five.
   • The integration of OpSec Security and other acquisitions is ongoing, impacting the company's financial performance and strategic positioning.

In conclusion, Crane NXT's revenue showed a strong upward trajectory in Q4 2024, driven by core sales growth and strategic acquisitions, while expenses, although not directly reported, are influenced by operational factors and acquisitions, which affect the net income.