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                                    Why did Beta Bionics' operating expenses surge in Q4 2024?
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                                        5/9/2025 09:40am
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">Beta Bionics' operating expenses increased significantly in Q4 2024, primarily due to an increase in channel expenses. This was driven by strategic initiatives to expand the company's international presence and enhance its omnichannel distribution capabilities. Additionally, the company's proactive expansion into international businesses contributed to the rise in operating expenses.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/stock-recommend-icon.77f1c78.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime powers your decisions</span></div> </div></div> </div> <div class="container-mask" style="display:none;"></div></div></div></div><script>window.__NUXT__=(function(a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z,A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,X,Y,Z,_,$,aa,ab,ac,ad,ae,af,ag,ah,ai,aj,ak,al,am){return {layout:"default",data:[{noData:c,currentQuestion:d,textDescription:F,comeFrom:"AInvestShareLink",events:[],answerSource:l}],fetch:{},error:m,state:{sharePreviewModule:{loadJgySuccess:g,dialogRenderList:[{originAnswer:{input_media_info:[],session_round:1,agent_id:a,output_media_info:[],task_id:a,language:a,source:l,cache_builder:a,reply_action:"Answer",execute_mode:v,event_refresh_answer:a,param:"{\"entity_info\":{},\"add_info\":{\"ori_question\":\"Why did Beta Bionics' operating expenses surge in Q4 2024?\"},\"event_list\":[],\"client_ip\":\"\",\"question\":\"Why did Beta Bionics' operating expenses surge in Q4 2024?\",\"user_id\":\"dp20169742\",\"user_name\":\"\",\"trace_id\":\"50cb8f79-36a6-4f73-ae4b-7f3eb1773cdc\",\"session_id\":\"50cb8f79-36a6-4f73-ae4b-7f3eb1773cdc\",\"source\":\"ths_ainvest_lite_web\",\"input_type\":\"typewrite\"}",agent_info:[{info_type:"search",raw_data:{number:r,title:G,summary:H,full_summary:"SHENZHEN, China, March 24, 2025 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) HHUIZ, a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Full Year 2024 Financial and Operational Highlights Record-high insurance premiums: Gross written premiums (“GWP”) reached a record high of RMB6,158.6 million for the full year of 2024, compared to RMB5,800.9 million for 2023. First year premiums (“FYP”) also hit an all-time high of RMB3,421.0 million in 2024, up 30.5% year-over-year, primarily fueled by robust demand for our long-term savings products, our solid omnichannel distribution capabilities, and our proactive expansion into international businesses. International businesses as new growth driver: Total revenue of our international businesses grew to RMB228.7 million in 2024. International revenue contribution reached 18% for the year ended 2024, on track in achieving our 30% target by 2026. The cumulative number of insurance clients served passed a significant milestone of 10 million and reached 10.6 million as of December 31, 2024. Huize cooperated with 139 insurer partners in mainland China and internationally, including 80 life and health insurance companies and 59 property and casualty insurance companies, as of December 31, 2024. As of December 31, 2024, cash and cash equivalents were RMB233.2 million (US$31.9 million). Mr. Cunjun Ma, Founder and CEO of Huize, said, “We are pleased to report another year of resilient business results in 2024, achieving record highs in both total GWP and FYP, reaching RMB6.2 billion and RMB3.4 billion, respectively. This marks our second consecutive year of non-GAAP profitability. 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did Beta Bionics' operating expenses surge in Q4 2024?","50cb8f79-36a6-4f73-ae4b-7f3eb1773cdc","other\u002FopenAnswer",0,"progress\u002Fsearching_for",1000,"searching_for","llm_generated","ths_ainvest_lite_web",null,"What major projects did Beta Bionics initiate or expand in Q4 2024?","How did Beta Bionics' revenue change in Q4 2024 compared to previous quarters?","Did Beta Bionics experience any significant changes in its workforce during Q4 2024?","STR",3,"dp20169742","signal","auto","agent","dc9f2146901b7af7_2",1746754859310,"explain news events","thinking",999,2001,"rich_text","39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","Beta Bionics' operating expenses increased significantly in Q4 2024, primarily due to an increase in channel expenses. This was driven by strategic initiatives to expand the company's international presence and enhance its omnichannel distribution capabilities. Additionally, the company's proactive expansion into international businesses contributed to the rise in operating expenses.","Huize Holding Limited Reports Fourth Quarter and Full Year 2024 Unaudited Financial Results","The increase was primarily driven by the increase in FYP facilitated. Operating costs Operating costs were RMB186.8 million (US$25.6 million) in the fourth quarter of 2024, an increase of 37.0% from RMB136.3 million in the same period of 2023, primarily due to an increase in channel expenses. Operat...","https:\u002F\u002Fwww.tradingview.com\u002Fnews\u002Freuters.com,2025-03-24:newsml_GNX2Shq7D:0-huize-holding-limited-reports-fourth-quarter-and-full-year-2024-unaudited-financial-results\u002F","2024-12-30","dc9f2146901b7af7","oeqxkhszf","oeqxkhszf_layer","base","agent_common_v2\nagent-summary","normal_agent","NONE","typewrite","stock","185","Querying Stock","I have obtained the latest report period of BBX is 2025Q1, so I will not find the operating expenses data and analysis in its 2024Q4 financial report. Therefore, I will use FinQuery to obtain the operating expenses data in 2024Q4 and search for the analysis of operating expenses increase in Q4 2024.","Beta Bionics' operating expenses increased significantly in Q4 2024, primarily due to an increase in channel expenses[^3]",". This was driven by strategic initiatives to expand the company's international presence and enhance its omnichannel distribution capabilities[^3]. 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