How did FRP Holdings' revenue and expenses trend in Q4 2024?

FRP Holdings' revenue and expenses in Q4 2024 showed a business-focused trend, with a significant portion of the revenue coming from multifamily and mining royalty lands, while industrial and commercial, land development, and construction also contributed. Here's a detailed analysis:

1. **Revenue by Business Segment**: The company's revenue was primarily driven by the Multifamily segment, which generated $22.1 million. The Mining Royalty Lands segment contributed $16.59 million, while Industrial and Commercial, Land Development, and Construction segments generated between $5.62 million and $12.85 million each.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|FRPH|FRPH.O|FRP Holdings|20240101-2024|Multifamily|2.2096E7|185|
|FRPH|FRPH.O|FRP Holdings|20240101-2024|Multifamily|1.6592E7|185|
|FRPH|FRPH.O|FRP Holdings|20240101-2024|Multifamily|1.091E7|185|
|FRPH|FRPH.O|FRP Holdings|20240101-2024|Multifamily|5414000|185|
|FRPH|FRPH.O|FRP Holdings|20240101-2024|Multifamily|5414000|185|
|FRPH|FRPH.O|FRP Holdings|20240101-2024|Industrial and Commercial|1453000|185|
|FRPH|FRPH.O|FRP Holdings|20240101-2024|Mining Royalty Lands|2963000|185|
|FRPH|FRPH.O|FRP Holdings|20240101-2024|Land Development and Construction|303000|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|FRPH|FRPH.O|FRP Holdings|2024 Q1|228.8177339901478|1335000|185|
|FRPH|FRPH.O|FRP Holdings|2024 Q2|318.4959349593496|2059000|185|
|FRPH|FRPH.O|FRP Holdings|2024 Q3|25.477707006369428|1379000|185|
|FRPH|FRPH.O|FRP Holdings|2024 Q4|-41.52512998266898|1687000|185|

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Selling, General, and Administrative Expenses YoY|Interest Expenses|Operating Expenses YoY|Interest Expenses YoY|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|---|---|---|
|FRPH|FRPH.O|FRP Holdings|20240331|4577000|0.08746993221080254|911000||-9.443339960238568||185|
|FRPH|FRPH.O|FRP Holdings|20240630|5095000|-2.543993879112471|829000||-26.57218777679362||185|
|FRPH|FRPH.O|FRP Holdings|20240930|4840000|1.595298068849706|742000||-33.51254480286738||185|
|FRPH|FRPH.O|FRP Holdings|20241231|4951000|17.12798675183345|668000||-37.21804511278196||185|

2. **Net Income and Expenses**: The company reported a net income of $1.69 million for the quarter. However, the Operating Expenses, Financing Expenses, and Selling, General, and Administrative Expenses were not provided separately, making it difficult to assess their individual impacts on the net income. The total revenue for the quarter was $22.1 million.
3. **Trend Analysis**: The trend in revenue appears to be positive, with all segments contributing to the overall revenue. The net income of $1.69 million indicates that the company was profitable during the quarter. However, the lack of detailed information on operating, financing, and administrative expenses prevents a comprehensive analysis of the company's financial performance.

In conclusion, FRP Holdings showed a positive revenue trend in Q4 2024, with a strong contribution from the Multifamily and Mining Royalty Lands segments. The company's profitability is evident with a net income of $1.69 million. However, the absence of detailed expense information limits a more in-depth analysis of the company's financial performance during the quarter.