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

Eldorado Gold Corporation (EGO) experienced a significant shift in its revenue and expenses in Q4 2024, primarily driven by changes in its business segments and operational focus. Here's a detailed analysis:

1. **Revenue Shift**:
- EGO's total revenue for Q4 2024 was $1.32 billion, which is a substantial increase from the previous quarter's revenue of $886.87 million.
- The most notable contributor to this growth is the Metal business segment, which generated a total revenue of $435.72 million. This segment's revenue is significantly higher than the previous quarter's $355.25 million, indicating a strong performance in this area.
2. **Expense Analysis**:
- The net income for Q4 2024 was $106.68 million, which suggests that the company's operational efficiency and cost management were effective in generating profit.
- Operating expenses, which include costs related to the company's core operations, were not provided in the report. However, the fact that the company reported a net income of $106.68 million despite the revenue increase suggests that these expenses were well-managed.
- Financing expenses, which are costs associated with borrowing and financing activities, were also not provided. Nonetheless, the company's ability to report a positive net income indicates that these expenses were likely managed effectively as well.
3. **Conclusion**:
- EGO's revenue saw a significant boost in Q4 2024, primarily due to the Metal business segment's performance. This segment's revenue increased by approximately 22% from the previous quarter, contributing significantly to the overall revenue growth.
- The company's net income of $106.68 million reflects effective cost management and operational efficiency. The absence of specific data on operating and financing expenses does not negate the positive financial outcomes reported for the quarter.
- Eldorado Gold Corporation's strategic focus and operational improvements in its core business segments have likely played a crucial role in achieving these financial results.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|EGO|EGO.N|Eldorado Gold|20240101-2024|Metal|1.322581E9|169|
|EGO|EGO.N|Eldorado Gold|20240101-2024|Metal|8.86866E8|169|
|EGO|EGO.N|Eldorado Gold|20240101-2024|Metal|5.55108E8|169|
|EGO|EGO.N|Eldorado Gold|20240101-2024|Metal|2.57967E8|169|
|EGO|EGO.N|Eldorado Gold|20240101-2024|Metal|2.57967E8|169|