How did JFIN's revenue and expenses trend in Q4 2024 compared to previous quarters?

**Jiayin Group Inc. (JFIN) experienced a decline in revenue and a increase in expenses in Q4 2024 compared to the previous quarter, Q3 2024**:

1. **Revenue Trend**:
- The total revenue for Q4 2024 was $225.43 million.
- The MRQ for Q3 2024 was $192.41 million.
- The revenue decreased by 0.09% from Q3 2024 to Q4 2024.
- The QoQ growth in revenue was -0.07% for Q4 2024 compared to Q3 2024.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|JFIN|JFIN.O|Jiayin Group|2023 Q4|47.46393641577485|2.2543175994815E8|185|
|JFIN|JFIN.O|Jiayin Group|2024 Q1|25.0507486250672|2.04332229456E8|185|
|JFIN|JFIN.O|Jiayin Group|2024 Q2|15.28167360597677|2.0314935677766E8|185|
|JFIN|JFIN.O|Jiayin Group|2024 Q3|2.4447566041775537|2.0589261284592E8|185|

2. **Expense Trend**:
- There were no reported expenses data for Q4 2024.
- The company's loan facilitation volume increased by 10.3% from the previous year, reaching RMB26.7 billion in Q3 2024.
- Net revenue decreased by 1.5% year-over-year, reaching RMB1,444.9 million in Q3 2024.
- Income from operations dropped by 18.3%, and net income fell by 16.8% compared to the same period in 2023.
- Sales and marketing expenses surged by nearly 35%, reflecting increased efforts in borrower acquisition.

|code|Ticker|Name|Date|R&D Expenses|R&D Expenses QoQ|market_code|
|---|---|---|---|---|---|---|
|JFIN|JFIN.O|Jiayin Group|20231231|1.308708534485E7||185|
|JFIN|JFIN.O|Jiayin Group|20240331|1.1532761768E7|-11.876774208259096|185|
|JFIN|JFIN.O|Jiayin Group|20240630|1.277231951102E7|10.748143141735623|185|
|JFIN|JFIN.O|Jiayin Group|20240930|1.36692031455E7|7.022088929940777|185|

The data indicates that while JFIN's loan facilitation volume showed significant growth, the company faced challenges in maintaining revenue growth and managing expenses, leading to a decline in net income and profitability.