How did EPSN's revenue and expenses shift in Q4 2024 compared to previous quarters?
5/8/2025 01:18pm
**Epsilon Energy Ltd. (EPSN) experienced a significant increase in revenue in Q4 2024 compared to the previous quarter**, as evidenced by the following:
1. **Revenue Shift**:
- In Q4 2024, Epsilon Energy reported a total revenue of $8.94 million.
- The revenue for the preceding quarter, Q3 2024, was $7.99 million.
- This indicates a noticeable increase in revenue, with Q4 2024 surpassing the previous quarter's revenue by approximately $0.95 million.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|EPSN|EPSN.O|Epsilon Energy|2024 Q1|-14.637586578249723|7986743|185|
|EPSN|EPSN.O|Epsilon Energy|2024 Q2|12.425616940937852|7307818|185|
|EPSN|EPSN.O|Epsilon Energy|2024 Q3|15.488627178047096|7287941|185|
|EPSN|EPSN.O|Epsilon Energy|2024 Q4|4.408130832706495|8940273|185|
2. **Comparison with Earlier Quarters**:
- Revenue in Q2 2024 was $7.31 million, which was lower than the revenue in Q4 2024.
- Similarly, Q1 2024's revenue of $7.29 million was also lower than the revenue recorded in Q4 2024.
3. **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 another.
- 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 year. Further information would be required to analyze the shift in expenses and provide a comprehensive view of the company's financial performance.