How did SunOpta's revenue and expenses shift in Q4 2024 compared to previous quarters?
4/14/2025 02:44pm
SunOpta's revenue and expenses in Q4 2024 showed a significant decline in net income and an increase in total revenue compared to the previous quarter, Q1 2024.
1. **Revenue Shift**:
- In Q4 2024, SunOpta's total revenue was $193.67 million.
- This was a notable increase from the previous quarter, Q3 2024, where the revenue was $176.22 million.
- The growth in revenue could be indicative of improved business performance or strategic market positioning.
2. **Expense Shift**:
- SunOpta's net income in Q4 2024 was -$9.64 million.
- In contrast, the net income in Q1 2024 was $2.42 million.
- The substantial drop in net income, combined with the increase in revenue, suggests a significant shift in expenses or operational costs during this period.
3. **Insights into Q4 2024**:
- The data indicates that while SunOpta generated more revenue, they incurred substantial expenses or losses that resulted in a negative net income.
- This could be due to various factors such as increased operational costs, one-time expenses, or strategic investments that impacted profitability.
|code|Ticker|Name|Date|Total Revenue|Net Income|market_code|
|---|---|---|---|---|---|---|
|STKL|STKL.O|SunOpta|2024 Q1|1.82848E8|2420000|185|
|STKL|STKL.O|SunOpta|2024 Q2|1.70995E8|-4678000|185|
|STKL|STKL.O|SunOpta|2024 Q3|1.76216E8|-5498000|185|
|STKL|STKL.O|SunOpta|2024 Q4|1.93669E8|-9637000|185|