How did DNN's revenue and expenses shift in Q4 2024 compared to previous quarters?
5/8/2025 09:34pm
**Denison Mines Corporation (DNN) experienced a significant increase in revenue in Q4 2024 compared to the previous quarter**, while expenses remained relatively stable.
1. **Revenue Shift**:
- The total revenue for DNN in Q4 2024 was $812,499.99.
- In Q3 2024, the revenue was $514,395.68, and in Q2 2024, it was $969,014.90.
- It is clear that the revenue in Q4 2024 has increased significantly compared to the previous quarter, indicating a strong financial performance for the company during that period.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|DNN|DNN.A|Denison Mines|2023 Q4|122.40832567823013|827147.40108|170|
|DNN|DNN.A|Denison Mines|2024 Q1|184.6311908757199|614475.63008|170|
|DNN|DNN.A|Denison Mines|2024 Q2|32.458731706137314|969014.90322|170|
|DNN|DNN.A|Denison Mines|2024 Q3|-10.394523589528415|514395.68065|170|
2. **Expense Shift**:
- Unfortunately, there are no available data on the expenses for DNN in Q4 2024, Q3 2024, Q2 2024, and Q1 2024.
- The lack of expense data makes it impossible to analyze the shift in expenses compared to previous quarters.
3. **Strategic Insights**:
- DNN has recently entered into a deal with Cosa Resources to develop three uranium exploration joint ventures.
- This strategic move could potentially lead to increased revenue in the future as the joint ventures are developed and operationalized.
- Denison Mines has also been actively involved in mergers and acquisitions, including the acquisition of a 70% stake in properties from Denison Mines by Cosa Resources.
- These strategic actions are likely to have an impact on both revenue and expenses, but the exact nature of this impact is not currently quantifiable due to the lack of expense data.
In conclusion, while Denison Mines has experienced a significant increase in revenue in Q4 2024 compared to the previous quarter, the absence of expense data prevents a comprehensive analysis of how expenses shifted during the same period.