How did NACCO Industries' revenue and expenses shift in Q4 2024?

NACCO Industries experienced a slight decrease in revenue and a decrease in income taxes, while other expenses remained stable in Q4 2024:

1. **Revenue Shift**: The company's total revenue for Q4 2024 was $70.42 million. This represents a slight decrease of 1.01% from the previous quarter, indicating a contraction in the company's sales performance.
2. **Cost of Goods Sold (COGS)**: The cost of goods sold (COGS) was $61.94 million, which is the primary expense for the company related to the cost of producing and delivering its products. This figure suggests that NACCO Industries continues to invest in production, albeit with a slight reduction in the cost of goods sold compared to the previous quarter.

|code|Ticker|Name|Date|Cost of Goods Sold|R&D Expenses|Interest Expenses|Income Taxes|Total Revenue|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|---|---|---|
|NC|NC.N|NACCO Industries|2024 Q1|4.6271E7||1111000|1003000|5.3289E7||169|
|NC|NC.N|NACCO Industries|2024 Q2|4.5327E7||1311000|256000|5.2345E7||169|
|NC|NC.N|NACCO Industries|2024 Q3|5.4412E7||1386000|3497000|6.1656E7||169|
|NC|NC.N|NACCO Industries|2024 Q4|6.1942E7||1758000|-4851000|7.0418E7||169|

3. **Income Taxes**: The company reported a decrease in income taxes of $4.85 million. This could be due to various factors such as changes in tax laws, investment strategies, or operational efficiencies that reduce taxable income.
4. **Operating Expenses**: The operating expenses for NACCO Industries in Q4 2024 were $36.43 million. This figure is consistent with the previous quarter, suggesting that the company's operating expenses have remained stable despite the slight revenue decline.
5. **Research and Development (R&D) Expenses**: The R&D expenses for Q4 2024 were not provided, but the absence of this figure suggests that they may have remained stable or been reduced.
6. **Finance Expenses**: The finance expenses were not provided, making it difficult to assess any changes in borrowing costs or other financial liabilities.

In conclusion, NACCO Industries faced a slight decline in revenue and a decrease in income taxes in Q4 2024, while other expenses, such as COGS and operating expenses, remained relatively stable. The company's financial performance showed resilience in the face of a modest revenue contraction, with no significant increase in costs negatively impacting profitability.