Total Revenue

+117% YoY increase: from $115,098k in Q4 2023 to $250,362k in Q4 2024

The dramatic revenue growth is likely driven by significant enhancements in revenue streams or the addition of new income sources, potentially representing aggressive growth initiatives or reclassification of revenue components compared to Q4 2023. While detailed breakdowns are not provided, the marked increase suggests external market opportunities or internal strategic moves that boosted the topline. " "

Operating Income

Reversal from a profit of $34,559k in Q4 2023 to a loss of –$30,977k in Q4 2024

The sharp turnaround in operating income indicates that despite higher revenue, operating expenses or one-time charges increased substantially in Q4 2024. This reversal may reflect higher costs or extraordinary items that were not present in the prior period, challenging the profitability of core operations. " "

Net Income

Declined from a profit of $26,100k in Q4 2023 to a loss of –$39,453k in Q4 2024

The major deterioration in net income can be attributed to the combined impact of the operating loss and possibly increased provisions, write-offs, or additional non-operating expenses. Despite the revenue surge, the cost and expense structure in Q4 2024 eroded profitability compared to the previous positive period. " "

EPS – Basic

Dropped from $0.58 in Q4 2023 to –$0.88 in Q4 2024

The decline in basic EPS mirrors the net income drop, reflecting that the losses significantly impacted per-share earnings. This sharp decrease signals that shareholders experienced a turnaround in earnings per share, driven by the operating challenges and expense increases encountered in Q4 2024. " "