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

**Phunware's revenue decreased while expenses were not disclosed for Q4 2024**, highlighting the company's challenges in maintaining profitability.

1. **Revenue Trend**: Phunware's total revenue for Q4 2024 was $592,000. Compared to the same quarter in the previous year, revenue fell by 56.9%. Analysts had expected revenue to be $928,667, indicating a significant shortfall. This decline in revenue reflects the company's struggling financial performance during the quarter.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|PHUN|PHUN.O|Phunware|2024 Q1|-31.473214285714285|921000|186|
|PHUN|PHUN.O|Phunware|2024 Q2|-21.93050193050193|1011000|186|
|PHUN|PHUN.O|Phunware|2024 Q3|-46.884984025559106|665000|186|
|PHUN|PHUN.O|Phunware|2024 Q4|-37.02127659574468|592000|186|

2. **Expense Trend**: No results were found for Phunware's expenses in Q4 2024. However, considering the company's reported quarterly loss of $2.63 million and an EPS loss of 6 cents, it can be inferred that expenses were likely higher than revenue. The lack of disclosed expenses makes it difficult to assess the company's financial health comprehensively.
3. **Profitability**: Phunware reported a quarterly adjusted loss of 6 cents per share for the quarter ended December 31, 2024, which is higher than the same quarter last year's EPS of $-4.62. This suggests that while the company is improving in terms of profitability, it still has a negative bottom line. The mean expectation of three analysts for the quarter was for a loss of 19 cents per share, indicating a wider-than-expected loss.
4. **Stock Performance and Analyst Ratings**: Phunware's stock had fallen by 43.3% this quarter, and the company's shares were valued below analysts' expectations. The current average analyst rating on the shares is "buy," with a few "strong buy" or "buy" recommendations and no "sell" or "strong sell" ratings. Wall Street's median 12-month price target for Phunware Inc is $12.00, which is significantly higher than its last closing price of $3.01, suggesting potential upside in the stock's value.

In conclusion, Phunware faced a challenging quarter in Q4 2024, with revenue declining and expenses not being disclosed, making it difficult to determine the company's full financial picture. However, the company's continued losses and falling revenue underscore the need for strategic adjustments to improve profitability and meet market expectations.