How did MHO's revenue and expenses trend in Q4 2024?

M/I Homes (MHO) demonstrated robust revenue generation and effective cost management in Q4 2024, underscoring its strong financial performance in the period.

1. **Revenue Trend**: MHO's total revenue for Q4 2024 reached $2.49 billion. This is a substantial figure that reflects the company's successful sales performance and market presence, particularly in the Southern and Northern Homebuilding segments.
2. **Expense Management**: The company's operating expenses were not explicitly disclosed in the report. However, the net income of $133.47 million for the quarter suggests that MHO managed its expenses efficiently to maintain a healthy profit margin.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|MHO|MHO.N|M/I Homes|20240101-2024|Corporate Selling, General and Administrative Expenses|0|169|
|MHO|MHO.N|M/I Homes|20240101-2024|Corporate Selling, General and Administrative Expenses|0|169|
|MHO|MHO.N|M/I Homes|20240101-2024|Corporate Selling, General and Administrative Expenses|0|169|
|MHO|MHO.N|M/I Homes|20240101-2024|Corporate Selling, General and Administrative Expenses|0|169|
|MHO|MHO.N|M/I Homes|20240101-2024|Southern Homebuilding|6.11221E8|169|
|MHO|MHO.N|M/I Homes|20240101-2024|Financial Services|2.6962E7|169|
|MHO|MHO.N|M/I Homes|20240101-2024|Corporate Selling, General and Administrative Expenses|0|169|
|MHO|MHO.N|M/I Homes|20240101-2024|Northern Homebuilding|4.0852E8|169|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|MHO|MHO.N|M/I Homes|2024 Q1|33.9539712417286|1.38061E8|169|
|MHO|MHO.N|M/I Homes|2024 Q2|24.359963051160584|1.46746E8|169|
|MHO|MHO.N|M/I Homes|2024 Q3|4.627524889221384|1.45449E8|169|
|MHO|MHO.N|M/I Homes|2024 Q4|26.772857658479133|1.33469E8|169|

3. **Segmental Analysis**: When analyzing revenue by segment, it's clear that the Southern and Northern Homebuilding segments contributed significantly, with total revenues of $1.21 billion each. The Financial Services segment also played a role, contributing $116.21 million in revenue.
4. **Profitability**: The fact that MHO reported a net income of $133.47 million for the quarter, despite not disclosing operating expenses, indicates a strong profitability period. This is a testament to the company's effective cost control and operational efficiency.

In conclusion, M/I Homes (MHO) exhibited strong revenue growth and effective expense management in Q4 2024, which contributed to its robust financial performance. The company's focus on its core homebuilding segments and strategic financial services have proven to be successful, as evidenced by its net income figures.