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Questor Technology Inc (TSE:QST)
:QST
Canadian Market

Questor Technology (QST) AI Stock Analysis

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Questor Technology

(QST)

Rating:56Neutral
Price Target:
C$0.50
▲(19.05%Upside)
Questor Technology's overall stock score reflects a mixed outlook. The financial performance is weak with significant challenges, but technical indicators show potential bullish momentum. Valuation remains a concern with negative earnings, yet recent positive corporate events provide a promising growth narrative.

Questor Technology (QST) vs. iShares MSCI Canada ETF (EWC)

Questor Technology Business Overview & Revenue Model

Company DescriptionQuestor Technology Inc., an environmental emissions reduction technology company, designs, manufactures, and services waste gas combustion systems in Canada and the United States. The company rents waste gas incineration systems. It offers its solutions for various oil and gas projects, as well as for landfill biogas, syngas, waste engine exhaust, geothermal and solar, and cement plant waste heat. The company was formerly known as Interglobe Gas Technology Inc. and changed its name to Questor Technology Inc. in September 1995. Questor Technology Inc. was founded in 1994 and is headquartered in Calgary, Canada.
How the Company Makes MoneyQuestor Technology generates revenue through the sale and rental of its proprietary waste gas incineration systems. These systems are engineered to incinerate harmful gases, thereby reducing emissions and environmental impact. The company also offers maintenance and support services for its products, providing an additional stream of income. Key revenue streams include direct sales to oil and gas companies, rental agreements, and long-term service contracts. Questor's ability to meet stringent environmental regulations and deliver cost-effective, reliable solutions contributes significantly to its revenue. Partnerships with major oil and gas companies and a growing emphasis on environmental sustainability further enhance Questor's market opportunities and financial performance.

Questor Technology Financial Statement Overview

Summary
Questor Technology is facing financial difficulties characterized by declining revenues, consistent net losses, and negative cash flows. While the balance sheet appears relatively stable with low leverage, the company struggles with profitability and cash generation. These challenges suggest a need for strategic restructuring or operational improvements to stabilize and enhance financial performance.
Income Statement
45
Neutral
Questor Technology's income statement shows a concerning trend with declining revenues and persistent negative net incomes. The Gross Profit Margin for TTM is approximately 31.1%, which indicates some efficiency in managing costs relative to revenue. However, the Net Profit Margin is negative, reflecting significant losses. Revenue has decreased significantly from previous years, showing instability and a negative growth trajectory.
Balance Sheet
60
Neutral
The company's balance sheet indicates a moderate level of financial stability. The Debt-to-Equity Ratio is low, suggesting conservative leverage, but the Return on Equity is negative due to ongoing losses. The Equity Ratio stands at around 83.4%, which is strong, indicating that a substantial portion of assets is funded by equity. However, declining equity and asset figures over the years indicate potential financial strain.
Cash Flow
40
Negative
Cash flow analysis reveals significant challenges, with negative free cash flow growth and negative operating cash flow in the TTM period. The Operating Cash Flow to Net Income Ratio is negative, indicating inefficiencies in converting income into cash. The Free Cash Flow to Net Income Ratio is also negative, reflecting cash burn issues and highlighting potential liquidity concerns.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
4.19M7.19M8.38M5.50M9.21M30.19M
Gross Profit
1.30M2.73M2.03M-999.21K1.81M16.26M
EBIT
-2.04M-1.43M-1.50M-4.27M-2.00M12.35M
EBITDA
-1.40M101.35K-64.56K-2.77M489.72K14.89M
Net Income Common Stockholders
-3.08M-4.81M-1.73M-3.99M-1.83M7.43M
Balance SheetCash, Cash Equivalents and Short-Term Investments
11.34M12.51M15.20M14.66M16.31M13.49M
Total Assets
26.11M27.13M33.87M35.05M38.01M42.11M
Total Debt
692.40K826.65K536.89K623.60K446.37K800.16K
Net Debt
-3.44M-3.50M-8.41M-14.04M-15.86M-12.69M
Total Liabilities
2.38M2.77M4.68M4.57M4.03M6.78M
Stockholders Equity
23.74M24.36M29.19M30.48M33.99M35.33M
Cash FlowFree Cash Flow
-4.95M-2.47M-144.92K-1.76M2.16M3.98M
Operating Cash Flow
-703.12K149.10K1.52M-1.13M2.31M11.58M
Investing Cash Flow
1.17M-4.12M-7.90M-601.84K-142.01K-7.60M
Financing Cash Flow
-862.06K-621.33K637.82K87.54K920.80K736.35K

Questor Technology Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.42
Price Trends
50DMA
0.33
Positive
100DMA
0.32
Positive
200DMA
0.34
Positive
Market Momentum
MACD
0.04
Positive
RSI
55.06
Neutral
STOCH
20.45
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QST, the sentiment is Positive. The current price of 0.42 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.33, and above the 200-day MA of 0.34, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 55.06 is Neutral, neither overbought nor oversold. The STOCH value of 20.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:QST.

Questor Technology Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSTMG
66
Neutral
C$23.37M144.444.63%14.78%-90.82%
62
Neutral
$11.80B10.31-7.45%2.91%7.43%-7.78%
TSGRN
61
Neutral
C$16.48M-6.67%-32.69%94.36%
TSQST
56
Neutral
C$11.01M-9.94%1.06%56.94%
55
Neutral
C$18.73M-539.37%46.73%6.56%
47
Neutral
C$4.79M-143.77%-49.88%-266.67%
TSDST
43
Neutral
C$3.21M23.34%-41.98%-123.77%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:QST
Questor Technology
0.42
0.00
0.00%
TSE:DST
Dundee Sustainable Technologies
0.05
-0.05
-50.00%
TSE:WATR
Current Water Technologies Inc
0.02
>-0.01
-33.33%
TSE:SHRC
Sharc International Systems Inc
0.10
-0.04
-28.57%
TSE:TMG
Thermal Energy International
0.13
-0.09
-40.91%
TSE:GRN
Greenlane Renewables Inc
0.10
0.01
11.11%

Questor Technology Corporate Events

Business Operations and StrategyFinancial Disclosures
Questor Technology Reports Strong Q1 2025 Results with Strategic Global Expansion
Positive
May 21, 2025

Questor Technology Inc. reported a significant increase in revenue for the first quarter of 2025, driven by international equipment sales and strategic global diversification. The company’s gross profit margin improved due to higher revenue and effective cost management. Questor is nearing completion of a waste heat to power prototype and has secured contracts in Canada and Iraq, reflecting growing global interest in its emissions reduction technology amid evolving regulatory pressures.

Business Operations and StrategyFinancial Disclosures
Questor Technology Reports 2024 Financial Results Amid Strategic Shift
Neutral
Apr 16, 2025

Questor Technology Inc. reported a decline in revenue and gross profit for the year ended December 31, 2024, primarily due to a strategic shift towards international markets and regulatory changes. Despite short-term financial challenges, the company is positioning itself for long-term growth by focusing on global opportunities to eliminate methane and VOC emissions. Questor has secured $4.5 million in committed equipment sales revenue for the first half of 2025 and is advancing its Waste Heat to Power project, with field deployment expected in the second half of 2025.

Business Operations and Strategy
Questor Technology Secures $2.4 Million Contract in Iraq for Emission Reduction
Positive
Apr 8, 2025

Questor Technology Inc. has secured a $2.4 million contract to provide clean combustion solutions in Iraq, marking its second project in the MENA region for a leading global exploration and production company. This initiative aligns with Iraq’s Nationally Determined Contribution guidelines to reduce flaring and methane emissions. The contract highlights Questor’s expanding presence in the MENA region and its commitment to sustainable energy production, reinforcing its reputation for delivering cost-effective, high-performance technology.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.