How did Transalta's revenue and expenses shift in Q4 2024 compared to previous quarters?
4/14/2025 04:22pm
Transalta's revenue and expenses in Q4 2024 showed a significant shift compared to previous quarters, with a substantial increase in revenue and a notable improvement in net income.
1. **Revenue Shift in Q4 2024**:
- Transalta's revenue for Q4 2024 was $805.18 million.
- This is a notable increase from the previous quarter's revenue of $699.41 million, recorded in Q3 2024.
- The growth in revenue suggests an improvement in Transalta's business performance or operational efficiency during this period.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|TAC|TAC.N|Transalta|2020 Q1||4.2908730516E8|169|
|TAC|TAC.N|Transalta|2020 Q2||3.2099309726E8|169|
|TAC|TAC.N|Transalta|2020 Q3||3.857989938E8|169|
|TAC|TAC.N|Transalta|2020 Q4||4.2656629568E8|169|
|TAC|TAC.N|Transalta|2021 Q1|19.019886997022244|5.1069922572E8|169|
|TAC|TAC.N|Transalta|2021 Q2|55.46520274415448|4.9903256945E8|169|
|TAC|TAC.N|Transalta|2021 Q3|73.85148219119073|6.70717269E8|169|
|TAC|TAC.N|Transalta|2021 Q4|11.921727580218738|4.774203674E8|169|
|TAC|TAC.N|Transalta|2022 Q1|15.302297407994589|5.888479401E8|169|
|TAC|TAC.N|Transalta|2022 Q2|-28.694291803001683|3.5583870778E8|169|
2. **Net Income Shift in Q4 2024**:
- Transalta's net income for Q4 2024 was $309.57 million.
- This is a significant increase from the previous quarter's net income of $246.95 million, recorded in Q3 2024.
- The net income improvement is even more pronounced when compared to the net income of $165.04 million in Q2 2024, indicating a strong financial performance in Q4 2024.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|TAC|TAC.N|Transalta|2020 Q1||3.115485384E7|169|
|TAC|TAC.N|Transalta|2020 Q2||-2.57088293E7|169|
|TAC|TAC.N|Transalta|2020 Q3||-8.93192223E7|169|
|TAC|TAC.N|Transalta|2020 Q4||-1.1213047846E8|169|
|TAC|TAC.N|Transalta|2021 Q1|-97.44668466722615|795481.66|169|
|TAC|TAC.N|Transalta|2021 Q2|187.8039335692349|2.25733634E7|169|
|TAC|TAC.N|Transalta|2021 Q3|-270.16014150853175|-3.3062415966E8|169|
|TAC|TAC.N|Transalta|2021 Q4|75.57044946546641|-2.73929719E7|169|
|TAC|TAC.N|Transalta|2022 Q1|20646.883587485852|1.6503765396E8|169|
|TAC|TAC.N|Transalta|2022 Q2|-303.06891524193514|-4.583948419E7|169|
The data indicates that Transalta experienced a strong financial performance in Q4 2024, with both revenue and net income showing substantial improvements compared to the immediate previous quarters. This trend suggests effective management decisions and potentially favorable market conditions during that time.