How did SIGA's revenue and expenses shift in Q4 2024?
5/8/2025 01:20pm
SIGA Technologies experienced a significant shift in its revenue and expenses in Q4 2024, with the company's net income reaching $45.76 million. Here's a detailed analysis of the company's financial performance during the quarter:
1. **Revenue by Business Segment**:
- SIGA's revenue was primarily driven by the Product Sales and Supportive Services segment, which generated $133.33 million in revenue.
- The company's second major segment, also contributing to revenue, was Research and Development, with $5.39 million generated in this area.
- The third segment, again contributing to the revenue, was Research and Development, with $3.75 million generated in this area.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|SIGA|SIGA.O|SIGA Technologies|20240101-2024|Research and Development|5389169|185|
|SIGA|SIGA.O|SIGA Technologies|20240101-2024|Research and Development|3753658|185|
|SIGA|SIGA.O|SIGA Technologies|20240101-2024|Research and Development|2686752|185|
|SIGA|SIGA.O|SIGA Technologies|20240101-2024|Research and Development|1551178|185|
|SIGA|SIGA.O|SIGA Technologies|20240101-2024|Research and Development|1551178|185|
|SIGA|SIGA.O|SIGA Technologies|20240101-2024|Product Sales and Supportive Services|2.3878677E7|185|
2. **Net Income**:
- The net income of SIGA in Q4 2024 was $45.76 million.
- This figure indicates that the company was profitable during the quarter, with the net income being the key financial metric to gauge the company's performance.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|SIGA|SIGA.O|SIGA Technologies|2024 Q1|1219.225051864678|1.027734E7|185|
|SIGA|SIGA.O|SIGA Technologies|2024 Q2|163.73261331341317|1832616|185|
|SIGA|SIGA.O|SIGA Technologies|2024 Q3|441.9133173563727|1343945|185|
|SIGA|SIGA.O|SIGA Technologies|2024 Q4|-36.668854500947155|4.5760315E7|185|
In conclusion, SIGA Technologies saw a substantial increase in its net income in Q4 2024, primarily due to the significant revenue generated from its Product Sales and Supportive Services segment. The company's investments in Research and Development also contributed to its overall revenue, indicating a strong financial performance during the quarter.