Financial Highlights for monday.com in Q4 '24
Net Income for the quarter was 23M, showing a 291.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
monday.com faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.