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


Aime
Epsilon Energy Ltd. (EPSN) experienced a significant increase in revenue in Q4 2024 compared to the previous quarter, as evidenced by the following:
- Revenue Shift:
- In Q4 2024, Epsilon Energy reported a total revenue of $8.94 million1.
- The revenue for the preceding quarter, Q3 2024, was $7.99 million1.
- This indicates a noticeable increase in revenue, with Q4 2024 surpassing the previous quarter's revenue by approximately $0.95 million.
EPSN Total Revenue YoY, Total Revenue
- Comparison with Earlier Quarters:
- Revenue in Q2 2024 was $7.31 million1, which was lower than the revenue in Q4 2024.
- Similarly, Q1 2024's revenue of $7.29 million1 was also lower than the revenue recorded in Q4 2024.
- Insights into Epsilon Energy's Performance:
- The company's strategic focus on efficient energy production and resource management may contribute to such fluctuations in revenue from one quarter to another2.
- The increase in revenue could also be a result of market conditions, oil and gas prices, or operational efficiencies achieved during this period.
However, there are no available data on the company's expenses for Q4 2024 or any other quarter in the past year3. Further information would be required to analyze the shift in expenses and provide a comprehensive view of the company's financial performance.
Source:
1.
EPSN Revenue by Quarter in the past year
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