How did Repay Holdings' revenue and expenses trend in Q4 2024?

Repay Holdings experienced a significant decline in net income, with a reported loss of $3.96 million for the quarter ending December 31, 2024. The company's revenue was distributed across different business segments, with the following figures for Q4 2024:

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|RPAY|RPAY.O|Repay Holdings|20240101-2024|Indirect Relationships|1.1072E7|186|
|RPAY|RPAY.O|Repay Holdings|20240101-2024|Indirect Relationships|8398000|186|
|RPAY|RPAY.O|Repay Holdings|20240101-2024|Indirect Relationships|5766000|186|
|RPAY|RPAY.O|Repay Holdings|20240101-2024|Indirect Relationships|3031000|186|
|RPAY|RPAY.O|Repay Holdings|20240101-2024|Direct Relationships|7.7689E7|186|
|RPAY|RPAY.O|Repay Holdings|20240101-2024|Indirect Relationships|3031000|186|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|RPAY|RPAY.O|Repay Holdings|2024 Q1|80.79263926679077|-5365000|186|
|RPAY|RPAY.O|Repay Holdings|2024 Q2|20.50656660412758|-4237000|186|
|RPAY|RPAY.O|Repay Holdings|2024 Q3|149.58359037631092|3215000|186|
|RPAY|RPAY.O|Repay Holdings|2024 Q4|94.90434379586476|-3958000|186|

The data indicates that Repay Holdings' indirect relationships segment contributed the least to the revenue, while the direct relationships segment generated the highest revenue. However, all segments reported negative net income, with the company as a whole incurring a substantial loss. The operating expenses for the company were not provided, so it is not possible to determine the full financial picture without that information.