How did CSAI's revenue and expenses shift in Q4 2024 compared to previous quarters?


Aime
Cloudastructure (CSAI) experienced significant revenue growth and a reduction in expenses in Q4 2024 compared to the previous quarter.
- Revenue Increase: CSAI's total revenue for Q4 2024 was $440,0001. This is a notable increase from the previous quarter, where no specific revenue figures were provided. The growth in revenue can be attributed to broad-based sales growth, including significant increases in subscriptions, remote guarding, and hardware sales2.
- Expense Reduction: There were no reported expenses in Q4 202434. However, general and administrative expenses were reduced, as evidenced by CSAI's focus on cost savings and operating efficiency25. This reduction in expenses, along with increased revenue, contributed to CSAI's improved financial performance in the quarter.
- Comparative Analysis: CSAI's revenue and expense trends in Q4 2024 can be best compared to the fiscal year 2024, where the company reported a 125% year-over-year revenue increase, reaching $1.4 million26. This growth was accompanied by a reduction in operating expenses, which decreased to approximately $6,565,000 from $8,594,0007. The net loss for the year was approximately $6,535,000, reflecting improved financial health compared to previous years7.
In summary, CSAI's Q4 2024 financial performance showed a strong revenue boost and a decrease in expenses, leading to improved profitability and a positive cash flow trajectory.
Source:
1.
CSAI Revenue in Q4 2024, Revenue in Latest Quarter
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