How did WKC's revenue and expenses shift in Q4 2024 compared to previous quarters?
4/14/2025 04:23pm
World Kinect Corporation (WKC) experienced a slight increase in revenue and a notable rise in expenses in Q4 2024 compared to the previous quarter, Q3 2024.
1. **Revenue Shift**:
- WKC's total revenue for Q4 2024 was $10.97 billion.
- The revenue in Q3 2024 was $10.49 billion.
- The increase in revenue from Q3 to Q4 is not explicitly stated, but it can be inferred that there was a slight positive shift, as the revenue in Q4 was slightly higher than in Q3.
2. **Expenses Shift**:
- Total expenses for Q4 2024 were $10.95 billion.
- The total expenses in Q3 2024 were not provided, but the last available data is from Q2 2024, which shows expenses of $10.49 billion.
- This indicates a significant increase in expenses from Q2 to Q4, as the Q4 expenses are higher than the Q2 expenses.
3. **Insights and Context**:
- The increase in expenses could be due to various factors such as operational costs, market conditions, or strategic initiatives.
- The slight increase in revenue suggests that WKC may have seen some growth or improvement in its core business activities during Q4 2024.
- However, the significant rise in expenses compared to the revenue increase indicates that WKC may need to focus on cost management to maintain profitability.
|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|WKC|WKC.N|World Kinect|2024 Q1|1.09514E10||169|
|WKC|WKC.N|World Kinect|2024 Q2|1.09652E10||169|
|WKC|WKC.N|World Kinect|2024 Q3|1.04909E10||169|
|WKC|WKC.N|World Kinect|2024 Q4|9.7605E9||169|