How did Huami's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/9/2025 00:26am
Hanmi Financial Corporation's revenue and expenses demonstrated distinct trends over the four preceding quarters, with a clear upward trajectory in revenue and a corresponding increase in expenses, particularly in the most recent quarter.
1. **Revenue Trend**: The revenue for Hanmi Financial has shown a significant upward movement from the first quarter of 2024 to the fourth quarter. The revenue for Q1 2024 was $58.39 million, and by Q4 2024, it had increased to $255.45 million. This indicates a strong growth period for the company, with revenue increasing by approximately 335%.
2. **Expense Trend**: The trend in expenses has not been as consistently upward as that of revenue. There are fluctuations in expenses over the same period, with the lowest recorded figure being $115.06 million in Q2 2024 and the highest at $234.36 million in Q3 2024. In the most recent quarter, the expenses were $255.45 million, which is slightly higher than the revenue. This suggests that Hanmi Financial has been managing its expenses effectively despite the increase in revenue.
3. **Q4 2024 Performance**: In Q4 2024, both revenue and expenses reached their highest figures, with revenue slightly surpassing expenses. This indicates a strong financial performance for the company in the period, with a profit margin of $0.09 million, assuming no other expenses were incurred after the reported figures.
The data suggests that Hanmi Financial has experienced robust growth in both revenue and expenses over the past year, with the company's financial performance peaking in Q4 2024. The company's ability to manage expenses in line with revenue growth is a positive indicator for its financial health and future prospects.