How did Momentus' revenue and expenses trend in Q4 2024?
5/9/2025 03:34am
Momentus experienced a decline in revenue and incurred significant expenses in Q4 2024, resulting in a negative net income.
1. **Revenue Trend**: Momentus saw a year-over-year revenue decline of 0.72% in Q4 2024, with total revenues amounting to $285,000. This represents a decrease from the previous quarter's revenues, indicating a challenging sales period for the company.
2. **Expense Trend**: The company's total expenses were not disclosed in the report. However, the negative net income of $11.86 million suggests that Momentus faced substantial costs during the quarter, leading to financial losses.
3. **Net Income**: Momentus reported a net loss of $11.86 million in Q4 2024, which is a clear indication of the company's financial struggle during the period. This loss may be attributed to the revenue decline and increased expenses.
In conclusion, Momentus faced a difficult quarter in Q4 2024, with revenue declining and expenses remaining high, resulting in a significant negative net income.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|MNTS|MNTS.O|Momentus|2023 Q4|752.5|1023000|186|
|MNTS|MNTS.O|Momentus|2024 Q1|2231.8181818181815|513000|186|
|MNTS|MNTS.O|Momentus|2024 Q2|-29.09090909090909|1209000|186|
|MNTS|MNTS.O|Momentus|2024 Q3|-68.43657817109144|107000|186|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|MNTS|MNTS.O|Momentus|2023 Q4|42.303600654664486|-1.4101E7|186|
|MNTS|MNTS.O|Momentus|2024 Q1|60.08163265306122|-8313000|186|
|MNTS|MNTS.O|Momentus|2024 Q2|62.75019909742501|-7016000|186|
|MNTS|MNTS.O|Momentus|2024 Q3|48.82248169404314|-7758000|186|