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Questor Technology Inc. (V:QST)

Business Focus: Environmental Services & Equipment (NEC)

Sector:  Industrials Industry:  Environmental Services & Equipment
Company Contact
Address: 2240 140, 4th Avenue S.W.
Tel: N/A
IR: See website
Key People
Audrey Mascarenhas
Chairman of the Board, President, Chief Executive Officer, Interim Chief Financial Officer
Business Overview
Questor Technology Inc. is a Canada-based environmental emissions reduction technology company. The Company is focused on clean air technologies that improve air quality, support energy efficiency and greenhouse gas emission reductions. The Company designs, manufactures and services high efficiency clean combustion systems that destroy harmful pollutants, including Methane, Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants and BTEX (Benzene, Toluene, Ethylbenzene and Xylene) gases within waste gas streams. This enables its clients to meet emission regulations, reduce greenhouse gas emissions, address community concerns and improve safety at industrial sites. The Company also has proprietary heat to power generation technology and is targets new markets, including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a variety of oil and gas projects.
Financial Overview
For the nine months ended 30 September 2023, Questor Technology Inc revenues decreased 14% to C$5.7M. Net loss increased from C$836K to C$3.9M. Revenues reflect Equipment sales segment decrease of 9% to C$2.4M, Canada segment decrease of 49% to C$2.2M. Higher net loss reflects Administration expenses increase of 23% to C$3M (expense), Net foreign exchange (gains) losses increase from C$314K (income) to C$60K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.13M as of Sep 30, 2023
Annual revenue (TTM): $7.41M as of Sep 30, 2023
EBITDA (TTM): $0.63M as of Sep 30, 2023
Net annual income (TTM): -$4.80M as of Sep 30, 2023
Free cash flow (TTM): -$1.42M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 28,037,194 as of Dec 29, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization