How did ONON's revenue and expenses trend in Q4 2024?
5/8/2025 08:15am
Aime
In Q4 2024, ONON's revenue and expenses showed the following trends:
Revenue Trend: ONON's revenue was highest in the Wholesale segment at $1.52 billion, followed by the Direct-To-Consumer segment at $1.26 billion and $1.04 billion, and the lowest in the Direct-To-Consumer segment at $765.75 million1.
Expense Trend: The net income was $98.81 million, which suggests that the company managed its expenses effectively to maintain a healthy profit margin1.
Gross Margin Trend: The gross margin remained stable at 60.63% in all segments, indicating efficient cost management and a strong pricing strategy1.
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ONON Revenue By Business
Source:
1.
ONON Revenue by Business, Net Income, Operating Expenses, Gross Margin in Q4 2024
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