Why did GIGGU's Q4 2024 net profit surge despite high expenses?

GIGGU's Q4 2024 net profit surge can be attributed to **Revenue Growth** and **Cost Management** despite high operating expenses.

1. **Revenue Growth**: The company's Energy Product Optimization Services revenue decreased, but the Fee for service revenue increased, resulting in a overall revenue growth. This was driven by a 6% increase in water treatment and disposal revenue due to a 15% increase in volumes processed, which compensated for the decrease in solids disposal and recycling revenue.
2. **Cost Management**: The company managed to increase its cash flow due to higher cash collections on increased billings, which benefited from a robust liquidity position. This allowed the company to generate a significant cash flow and reinvest in growth opportunities.

In summary, GIGGU's Q4 2024 net profit surge was driven by a combination of revenue growth and effective cost management, despite high operating expenses.