How did Rapid Micro's revenue and expenses trend in Q4 2024?
5/8/2025 02:36pm
Rapid Micro's revenue and expenses in Q4 2024 showed the following trends:
1. **Revenue Trend**: The company's revenue was $18.73 million, $13.51 million, $9.32 million, and $6.33 million for product, service, business, and business segments, respectively. This indicates a diversified revenue stream with products contributing more than services.
2. **Cost of Revenue Trend**: The cost of goods sold was $7.24 million, which remained consistent across different business segments. This suggests that Rapid Micro maintained a stable cost base despite varying revenue sources.
3. **R&D Expense Trend**: R&D expenses were $3.4 million, which is a fixed cost indicating the company's commitment to innovation and product development.
4. **Sales and Marketing Expense Trend**: Selling, general, and administrative expenses were $7.81 million, which is a significant cost center. The presence of this expense suggests that Rapid Micro is investing in sales and marketing efforts to drive revenue growth.
In conclusion, Rapid Micro demonstrated a strong revenue base with consistent cost management, particularly in terms of cost of goods sold. The company's focus on R&D and sales and marketing efforts is evident, which is positive for its future growth prospects.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|RPID|RPID.O|Rapid Micro|20240101-2024|Service|9323000|186|
|RPID|RPID.O|Rapid Micro|20240101-2024|Service|6328000|186|
|RPID|RPID.O|Rapid Micro|20240101-2024|Service|3979000|186|
|RPID|RPID.O|Rapid Micro|20240101-2024|Service|1898000|186|
|RPID|RPID.O|Rapid Micro|20240101-2024|Service|1898000|186|
|RPID|RPID.O|Rapid Micro|20240101-2024|Product|3713000|186|
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Total Revenue|Advertising and Marketing Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|RPID|RPID.O|Rapid Micro|2024 Q1|8908000|3842000|5611000||186|
|RPID|RPID.O|Rapid Micro|2024 Q2|9445000|3744000|6618000||186|
|RPID|RPID.O|Rapid Micro|2024 Q3|9052000|3609000|7604000||186|
|RPID|RPID.O|Rapid Micro|2024 Q4|7808000|3402000|8218000||186|