China Recycling Energy (CREG) or Smart Powerr Corp. reported a significant increase in operating expenses in Q4 2024 compared to the same period in the previous year, primarily attributed to higher legal expenses12.
- Comparison with Previous Year: Operating expenses for Q4 2024 amounted to $188,295, whereas in the same quarter of the previous year, expenses were $146,87012.
- Increase in Expenses: The increase of 23.34% in operating expenses is mainly due to increased stock compensation and legal expenses2.
- Trend Analysis: This trend indicates a significant challenge for the company in managing its costs, which could impact its financial performance and overall business strategy.
Overall, CREG's operating expenses exhibited a notable upward trajectory in Q4 2024, driven by rising legal and stock compensation expenses, which poses challenges for the company's financial management and strategic direction.
5/8/2025 05:41pm
