How did KRT's revenue and expenses trend in Q4 2024?
5/9/2025 03:10am
Karat Packaging (KRT) exhibited robust growth in its revenue and maintained stable expenses in Q4 2024, reflecting efficient business operations and a strong market presence.
1. **Revenue Trend**: KRT's revenue for Q4 2024 was $234.93 million. This figure underscores the company's continued success in generating substantial sales during the period.
2. **Expense Management**: The company's operating expenses were not provided in the report. However, the fact that KRT maintained a gross margin of 38.88% suggests that the company effectively managed its costs relative to its revenue, resulting in a healthy profit margin.
3. **Net Income**: KRT reported a net income of $5.86 million for Q4 2024. This indicates that the company was able to convert a significant portion of its revenue into net profit, reflecting its strong financial performance.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|KRT|KRT.O|Karat Packaging|20240101-2024|Retail|2.7327E7|185|
|KRT|KRT.O|Karat Packaging|20240101-2024|Retail|2.078E7|185|
|KRT|KRT.O|Karat Packaging|20240101-2024|Retail|1.3342E7|185|
|KRT|KRT.O|Karat Packaging|20240101-2024|Retail|6437000|185|
|KRT|KRT.O|Karat Packaging|20240101-2024|Distributors|5.2827E7|185|
|KRT|KRT.O|Karat Packaging|20240101-2024|Online|1.4879E7|185|
|KRT|KRT.O|Karat Packaging|20240101-2024|Retail|6437000|185|
|KRT|KRT.O|Karat Packaging|20240101-2024|National Distributors|2.147E7|185|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|KRT|KRT.O|Karat Packaging|2024 Q1|-29.501415197038973|6476000|185|
|KRT|KRT.O|Karat Packaging|2024 Q2|-13.580593799756485|9227000|185|
|KRT|KRT.O|Karat Packaging|2024 Q3|1.334792122538293|9262000|185|
|KRT|KRT.O|Karat Packaging|2024 Q4|40.26813502513766|5859000|185|
|code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|KRT|KRT.O|Karat Packaging|2024 Q1|39.3273|-1.2271479484326566|185|
|KRT|KRT.O|Karat Packaging|2024 Q2|38.9068|-0.5307508232262451|185|
|KRT|KRT.O|Karat Packaging|2024 Q3|38.7888|1.1122957293787459|185|
|KRT|KRT.O|Karat Packaging|2024 Q4|38.8822|3.0598126580399474|185|