How did UFPT's revenue and expenses trend in Q4 2024?
4/14/2025 02:39pm
UFP Technologies (UFPT) demonstrated a strong performance in Q4 2024, with notable revenue growth and a solid net income. Here's a detailed analysis:
1. **Revenue by Business Segment**:
- UFPT's revenue was distributed across various business segments, including Medical, Aerospace & Defense, Industrial, and Automotive.
- The Medical segment contributed the most, with $318.08 million in revenue, followed by Aerospace & Defense at $20.42 million, Industrial at $18.14 million, and Automotive at $15.1 million.
2. **Net Income and Diluted EPS**:
- The company reported a net income of $16.38 million for Q4 2024.
- The diluted earnings per share (EPS) was not provided, but the last reported price per share was $209.42.
3. **Revenue Trend**:
- While the exact revenue figures for each segment are not directly comparable due to different reporting dates, it's clear that UFPT's revenue was substantial, with the Medical segment leading the pack.
- The company's ability to generate significant revenue across multiple segments indicates a strong market presence and diversified business model.
4. **Expense Management**:
- The net income of $16.38 million suggests that UFPT effectively managed its expenses relative to its revenue, potentially indicating efficient operational practices and cost control measures.
In conclusion, UFP Technologies showcased robust revenue generation and effective expense management in Q4 2024, reflecting its strong market positioning and business diversification.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|UFPT|UFPT.O|UFP Technologies|20240101-2024|Automotive|1.5097E7|186|
|UFPT|UFPT.O|UFP Technologies|20240101-2024|Automotive|1.1387E7|186|
|UFPT|UFPT.O|UFP Technologies|20240101-2024|Automotive|7926000|186|
|UFPT|UFPT.O|UFP Technologies|20240101-2024|Industrial|4886000|186|
|UFPT|UFPT.O|UFP Technologies|20240101-2024|Medical|9.0037E7|186|
|UFPT|UFPT.O|UFP Technologies|20240101-2024|Industrial|4886000|186|
|UFPT|UFPT.O|UFP Technologies|20240101-2024|Automotive|3949000|186|
|UFPT|UFPT.O|UFP Technologies|20240101-2024|Aerospace & Defense|6137000|186|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|UFPT|UFPT.O|UFP Technologies|2024 Q1|30.331656227538762|1.2693E7|186|
|UFPT|UFPT.O|UFP Technologies|2024 Q2|14.045274762265421|1.3552E7|186|
|UFPT|UFPT.O|UFP Technologies|2024 Q3|39.90935522490166|1.6361E7|186|
|UFPT|UFPT.O|UFP Technologies|2024 Q4|41.06650585802895|1.6375E7|186|
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|UFPT|UFPT.O|UFP Technologies|2024 Q1|29.133858267716526|1.64|186|
|UFPT|UFPT.O|UFP Technologies|2024 Q2|12.90322580645161|1.75|186|
|UFPT|UFPT.O|UFP Technologies|2024 Q3|38.8157894736842|2.11|186|