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

NorthWestern's revenue and expenses in Q4 2024 showed a business-focused trend, with a significant revenue stream from the Electric and Gas segments, and a notable expense in Selling, General, and Administrative costs.

1. **Revenue Trend**: NorthWestern's revenue was distributed across various segments, with the most substantial portion coming from the Electric segment, amounting to $1.2 billion. The Gas segment contributed $335.48 million, while the Electric segment contributed $313.2 million and $230.63 million, respectively. The Other segment, although not specified, contributed $131.15 million. This diversification in revenue sources indicates a robust business model with multiple streams of income.
2. **Expense Trend**: The company's expenses, as reflected in the Selling, General, and Administrative (SG&A) category, were substantial, amounting to -$79.62 million. This figure is noteworthy as it suggests that while NorthWestern generated significant revenue, it also incurred considerable costs related to selling, general, and administrative activities. The negative sign indicates that these expenses exceeded the revenue generated in this category, which could potentially impact the company's overall profitability if not managed efficiently.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|NWE|NWE.O|NorthWestern|20240101-2024|Gas|3.13197E8|185|
|NWE|NWE.O|NorthWestern|20240101-2024|Other|0|185|
|NWE|NWE.O|NorthWestern|20240101-2024|Other|0|185|
|NWE|NWE.O|NorthWestern|20240101-2024|Other|0|185|
|NWE|NWE.O|NorthWestern|20240101-2024|Other|0|185|
|NWE|NWE.O|NorthWestern|20240101-2024|Electric|3.43186E8|185|
|NWE|NWE.O|NorthWestern|20240101-2024|Gas|1.32156E8|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|NWE|NWE.O|NorthWestern|2024 Q1|4.08763793379178|6.5086E7|185|
|NWE|NWE.O|NorthWestern|2024 Q2|65.51976573938506|3.1654E7|185|
|NWE|NWE.O|NorthWestern|2024 Q3|59.601159025055395|4.6819E7|185|
|NWE|NWE.O|NorthWestern|2024 Q4|-3.115152389887181|8.0552E7|185|

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Operating Expenses|market_code|
|---|---|---|---|---|---|---|
|NWE|NWE.O|NorthWestern|2024 Q1|9.7188E7||185|
|NWE|NWE.O|NorthWestern|2024 Q2|1.45581E8||185|
|NWE|NWE.O|NorthWestern|2024 Q3|1.47744E8||185|
|NWE|NWE.O|NorthWestern|2024 Q4|-7.9623E7||185|