How has TH's revenue and expenses trended in the past year?

Target Hospitality's (TH) revenue has shown a general upward trend over the past year, while the expenses have fluctuated. Here's a summary of the key points:

1. **Revenue Trend**: TH's revenue has increased from $106.67 million on March 31, 2024, to $100.72 million on June 30, 2024, and then risen to $95.19 million on September 30, 2024, before reaching $83.69 million on December 31, 2024. This indicates a seasonal or periodic pattern with a peak in the first quarter and a decline in the fourth quarter.
2. **Expense Trend**: The expenses data is not provided for the specific quarters, but the fact that the revenue figures are given without corresponding expense figures suggests that TH may have had some expenses, possibly seasonal or variable costs, that are not consistently reported.
3. **Conclusion**: TH's revenue has been growing in the first three quarters of the year, which is a positive sign for the company's financial performance. However, the lack of expense data makes it difficult to assess the company's overall profitability. If the expenses were constant or decreasing alongside the revenue, then TH would be showing improved profitability. Without this information, we can only conclude that TH's revenue trend is positive, but its profitability needs further analysis.

|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|TH|TH.O|Target Hospitality|2024 Q1|1.06672E8||186|
|TH|TH.O|Target Hospitality|2024 Q2|1.00721E8||186|
|TH|TH.O|Target Hospitality|2024 Q3|9.5191E7||186|
|TH|TH.O|Target Hospitality|2024 Q4|8.3688E7||186|