How did PRAX's Q4 earnings surprise impact its annual performance?

Praxis' Q4 earnings surprise had a significant impact on its annual performance, with the company experiencing substantial losses in both Q4 and the full year.

1. **Q4 Performance**: In Q4 2024, Praxis reported an earnings per share (EPS) surprise of -$0.11, indicating a negative performance relative to market expectations.

|code|Ticker|Name|Date|Net Income (FY)|Net Income|market_code|
|---|---|---|---|---|---|---|
|PRAX|PRAX.O|Praxis|20210331||-2.7373E7|185|
|PRAX|PRAX.O|Praxis|20210630||-3.6401E7|185|
|PRAX|PRAX.O|Praxis|20210930||-4.4705E7|185|
|PRAX|PRAX.O|Praxis|20211231|-1.67061E8|-5.8582E7|185|
|PRAX|PRAX.O|Praxis|20220331||-6.8717E7|185|
|PRAX|PRAX.O|Praxis|20220630||-6.0194E7|185|
|PRAX|PRAX.O|Praxis|20220930||-4.3945E7|185|
|PRAX|PRAX.O|Praxis|20221231|-2.14029E8|-4.1173E7|185|
|PRAX|PRAX.O|Praxis|20230331||-3.7455E7|185|
|PRAX|PRAX.O|Praxis|20230630||-3.4312E7|185|

|code|Ticker|Name|Date|Total Revenue (FY)|Total Revenue (FY) YoY|market_code|
|---|---|---|---|---|---|---|
|PRAX|PRAX.O|Praxis|2022|0||185|
|PRAX|PRAX.O|Praxis|2023|2447000||185|
|PRAX|PRAX.O|Praxis|2024|8553000|249.53003677973027|185|

2. **Annual Performance**: The negative Q4 performance contributed to an annual net income loss of $182.82 million for the full year 2024, with total revenue of $8.55 million. This represents a significant decline from the previous year's revenue of $2.45 million and a net income loss of $123.28 million in 2023.
3. **Comparison with Previous Years**: The annual net income loss in 2024 was higher than the losses reported in the previous two years, with losses of $214.03 million in 2022 and $167.06 million in 2021. However, the revenue for 2024 was higher than the revenue in 2023 but lower than the revenue in 2022.
4. **Impact on Stock Price**: The negative earnings surprise and annual performance may have contributed to a decline in the stock price, with Praxis' stock price decreasing by 3.43% following the earnings release.

In conclusion, Praxis' Q4 earnings surprise had a profound impact on its annual performance, resulting in substantial losses and a decline in revenue. The company's financial performance in 2024 was worse than the previous two years, and the negative surprise may have led to a decrease in investor confidence, reflected in the stock price movement.