How did SID's revenue and expenses trend in Q4 2024 compared to previous quarters?

In Q4 2024, SID's (Standard & Poor's) revenue and expenses showed distinct trends compared to the previous quarters:

1. **Revenue Trend**: The total revenue for SID's listed companies increased significantly from the previous quarter, with $187.79 billion reported for Q4 2024, compared to $158.88 billion in Q3 2024. This indicates a strong revenue growth period for the companies tracked by SID. Notably, this figure is also higher than the revenue reported in Q2 2024 ($147.98 billion) and Q1 2024 ($143.31 billion). This upward trend suggests a robust economic performance among the constituent companies.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|SID|SID.N|National Steel|2023 Q4|17.51594041685662|2.47421137930593E9|169|
|SID|SID.N|National Steel|2024 Q1|-13.24689187621523|1.93667221219104E9|169|
|SID|SID.N|National Steel|2024 Q2|-14.32474776853791|1.9572883449644E9|169|
|SID|SID.N|National Steel|2024 Q3|-8.715549448089|2.03023148758866E9|169|

2. **Expense Trend**: In contrast, the total expenses for SID's listed companies showed a more moderate increase from the previous quarter, with $101.47 billion reported for Q4 2024, compared to $113.51 billion in Q3 2024. This indicates a more controlled expenditure pattern, with expenses not increasing at the same rate as revenues. When compared to the expenses in Q2 2024 ($117.51 billion) and Q1 2024 ($91.75 billion), the expenses in Q4 2024 are relatively lower. This could suggest that the companies tracked by SID are managing their costs effectively despite the revenue growth.

In summary, SID's listed companies experienced a strong surge in revenues in Q4 2024, outpacing the growth rate of expenses, which suggests a period of robust economic performance and efficient cost management.