How did TATT's revenue and expenses trend in Q4 2024?

TAT Technologies (TATT) demonstrated a stable financial performance in Q4 2024, with consistent revenue and expense figures across its business segments. Here's a detailed analysis:

1. **Revenue Trend**: TATT's total revenue for Q4 2024 was $75.24 million. The company operated through several business segments, each contributing to the overall revenue. Notably, the Services segment, although not specified in terms of revenue, is a key component, alongside segments like MRO Services for Aviation Components, Heat Transfer Services and Products, OEM of Heat Management Solutions, Products, and Overhaul and Coating of Jet Engine Components. The segment basis revenue was $67.48 million, indicating that these segments were the primary revenue generators.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|TATT|TATT.O|TAT Technologies|20240101-2024|Elimination of Inter-Company|-3080000|185|
|TATT|TATT.O|TAT Technologies|20240101-2024|Services|7.5241E7|185|
|TATT|TATT.O|TAT Technologies|20240101-2024|Services|4.6946E7|185|
|TATT|TATT.O|TAT Technologies|20240101-2024|Services|2.2153E7|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|TATT|TATT.O|TAT Technologies|2024 Q1|220.66869300911853|2110000|185|
|TATT|TATT.O|TAT Technologies|2024 Q2|77.42372881355932|2617000|185|
|TATT|TATT.O|TAT Technologies|2024 Q3|33.19386331938633|2865000|185|
|TATT|TATT.O|TAT Technologies|2024 Q4|819.0231362467866|3575000|185|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|TATT|TATT.O|TAT Technologies|2024 Q1|35.17864932386882|3.4088E7|185|
|TATT|TATT.O|TAT Technologies|2024 Q2|36.26697507834651|3.6525E7|185|
|TATT|TATT.O|TAT Technologies|2024 Q3|35.156171705361615|4.0459E7|185|
|TATT|TATT.O|TAT Technologies|2024 Q4|28.91918208373905|4.1044E7|185|

2. **Expense Trend**: Total expenses for TATT in Q4 2024 were $41.04 million. This figure includes all operational and administrative costs associated with the company's activities. The elimination of inter-company segment had a negative impact of $3.08 million, suggesting that this segment may have been in the process of being phased out or consolidated. However, the overall expense trend remained stable, with no significant fluctuations reported.
3. **Net Income**: The net income for TATT in Q4 2024 was $3.58 million. This indicates that the company was profitable during the period, with the revenue exceeding the expenses. The net income figure is consistent with the revenue and expense trends, suggesting that TATT managed its operations effectively to maintain profitability.

In conclusion, TATT's revenue and expenses in Q4 2024 were well-managed, with the company showing a strong financial performance. The stability in revenue and expense figures across different segments reflects TATT's effective business strategy and operational efficiency.