The table below shows the quarterly net profit (in thousands of dollars) for a startup company from Q1 2021 to Q4 2022:
Quarter | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 |
---|---|---|---|---|---|---|---|---|
Net Profit | 150 | 180 | 200 | 220 | 240 | 260 | 280 | 300 |
Based on the provided data, which of the following statements is true?