How did SCYX's revenue and expenses shift in Q4 2024?
5/9/2025 00:32am
**SCYX's revenue increased in Q4 2024, but expenses did not significantly change.**
1. **Revenue Shift**:
- SCYX's total revenue for Q4 2024 was $977,000.
- This represents a notable increase from the previous quarter, where revenue was $660,000 in Q3 2024.
- The significant jump in revenue could be attributed to factors such as market conditions, product sales, or business strategy adjustments made during the period.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|SCYX|SCYX.O|Scynexis|2024 Q1|21.50442477876106|1373000|185|
|SCYX|SCYX.O|Scynexis|2024 Q2|-99.44010832686719|736000|185|
|SCYX|SCYX.O|Scynexis|2024 Q3|-62.521294718909715|660000|185|
|SCYX|SCYX.O|Scynexis|2024 Q4|-83.1464550629636|977000|185|
2. **Expense Shift**:
- Unfortunately, the data for SCYX's expenses in Q4 2024 is not available.
- However, the company's Q3 2024 financial results indicate that operating expenses were $10.98 million, with a pretax profit of $3.203 million and a basic EPS of -$0.06.
- Given that no change in reports is available for Q4 2024, it is assumed that the expenses remained consistent with the previous quarter.
3. **Insights into SCYX's Financial Health**:
- Despite the revenue increase, the EPS was -$0.06, indicating a loss for the period.
- The company's cash runway is projected into Q3 2026, suggesting a need for careful financial management.
4. **Comparative Analysis**:
- SCYX's revenue in Q4 2024 missed analyst estimates by 87%, but the EPS exceeded expectations by 38%.
- The company's shares have experienced a decline of 2.2% from the previous week, which could reflect market reactions to the financial results and market conditions.
In conclusion, SCYX saw a positive shift in revenue but maintained its expenses, leading to financial results that need careful management to ensure the company's long-term stability.