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Questor Technology Reports Downturn but Maintains Growth Strategy

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Questor Technology Reports Downturn but Maintains Growth Strategy

Questor Technology (TSE:QST) has released an update.

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Questor Technology Inc. reports a decline in revenue and adjusted EBITDA for Q2 2024, with significant drops to $0.9 million and a negative $721,640 respectively, compared to the previous year. Despite this, the company maintains a strong financial position with solid working capital and is actively pursuing strategic growth initiatives, including equipment sales and the construction of a prototype for waste heat to power conversion.

For further insights into TSE:QST stock, check out TipRanks’ Stock Analysis page.

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