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

Mountain Lake Acquisition Corp. (MLAC) experienced a significant surge in net profit for Q4, primarily driven by a 37% increase in total revenue, which outweighed the corresponding increase in total expenses. This growth in revenue can be attributed to strong operational performance and strategic margin expansion. MLAC's e-commerce platform saw over 67 million unique buyers during Q4, contributing to the robust revenue growth. Additionally, the company's focus on cost management for its logistics network, fee collections, and sales and marketing contributed to a stronger operations margin, reflecting efficient management and operational effectiveness. Therefore, MLAC's net profit surge despite high expenses can be attributed to revenue growth outpacing expense increases and effective cost management strategies.

|code|Ticker|Name|Date|Total Revenue|Total Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|
|MLAC|MLAC.O|Mountain Lake|2024 Q3|||-25805|185|
|MLAC|MLAC.O|Mountain Lake|2024 Q4|||487875|185|