How did STEM's revenue and expenses shift in Q4 2024 compared to previous quarters?
5/9/2025 04:23am
Stem's revenue and expenses in Q4 2024 showed a significant increase in revenue compared to the previous quarter, while expenses remained stable:
1. **Revenue Shift**: The total revenue in Q4 2024 was $55.83 million, which is a substantial increase from the $29.29 million in Q3 2024 and $34 million in Q2 2024, and $25.47 million in Q1 2024. This indicates a strong revenue growth during this period.
|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|STEM|STEM.N|Stem|2023 Q4|1.67424E8||169|
|STEM|STEM.N|Stem|2024 Q1|2.5469E7||169|
|STEM|STEM.N|Stem|2024 Q2|3.3999E7||169|
|STEM|STEM.N|Stem|2024 Q3|2.9291E7||169|
|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|STEM|STEM.N|Stem|2023 Q3|1.3374E8||169|
|STEM|STEM.N|Stem|2023 Q4|1.67424E8||169|
|STEM|STEM.N|Stem|2024 Q1|2.5469E7||169|
|STEM|STEM.N|Stem|2024 Q2|3.3999E7||169|
|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|STEM|STEM.N|Stem|2023 Q2|9.2946E7||169|
|STEM|STEM.N|Stem|2023 Q3|1.3374E8||169|
|STEM|STEM.N|Stem|2023 Q4|1.67424E8||169|
|STEM|STEM.N|Stem|2024 Q1|2.5469E7||169|
2. **Expenses Stability**: The total expenses for Q4 2024 are not provided, but the trend of expenses in the previous quarters shows a general stability. This suggests that any increase in revenue was not offset by a corresponding increase in expenses, which could have contributed to the improved financial performance.
3. **Conclusion**: Stem's financial performance in Q4 2024 was marked by a significant boost in revenue compared to the prior quarter, with expenses remaining relatively stable. This indicates a strong financial performance and suggests that the company may have implemented effective strategies to increase its revenue during this period.