Why did MACIU's net profit surge in Q4 despite high operating expenses?

MACIU's net profit surge in Q4 can be attributed to Revenue Growth despite high operating expenses.

1. Revenue Increase: MACIU's net interest income for Q4 was USD 9.2 million, with a net interest margin of 2.65%. This indicates a healthy revenue stream from interest-based transactions.
2. Cost Management: The exact operating expenses for MACIU in Q4 are not available. However, the fact that MACIU still achieved a net profit despite high operating expenses suggests effective cost management.
3. Profitability Focus: MACIU's focus on profitability is evident in its financial results. Despite the high expenses, the bank was able to generate a net income of USD 1.1 million for Q4, indicating a strong profitability mindset.

In conclusion, MACIU's net profit surge in Q4 can be attributed to a combination of revenue growth and effective cost management, despite high operating expenses.

MACIU Net Income, Operating Expenses in Q4>