QRHC: Quest Resource Holding Corp Financial Statements

Balance sheet, income statement, and cash flow statements for Quest Resource Holding Corp (QRHC).

OverviewDividends

$133.82M Market Cap.

As of 05/12/2025 5:00 PM ET (MRY) • Disclaimer

QRHC Market Cap. (MRY)


QRHC Shares Outstanding (MRY)


QRHC Assets (MRY)


Total Assets

$175.65M

Total Liabilities

$121.49M

Total Investments

$0

QRHC Income (MRY)


Revenue

$288.53M

Net Income

-$15.06M

Operating Expense

$54.45M

QRHC Cash Flow (MRY)


CF Operations

-$6.08M

CF Investing

-$5.97M

CF Financing

$12.13M

QRHC Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$175,645,000 (-0.83%)

$177,119,000 (-2.41%)

$181,491,049 (3.32%)

$175,666,406 (71.84%)

Assets Current

$75,139,000 (23.97%)

$60,613,000 (4.93%)

$57,765,276 (14.77%)

$50,329,397 (93.53%)

Assets Non-Current

$100,506,000 (-13.73%)

$116,506,000 (-5.84%)

$123,725,773 (-1.29%)

$125,337,009 (64.44%)

Goodwill & Intangible Assets

$94,011,000 (-15.97%)

$111,880,000 (-5.04%)

$117,814,546 (-1.61%)

$119,740,443 (64.39%)

Shareholders Equity

$54,156,000 (-18.29%)

$66,281,000 (-6.83%)

$71,139,048 (-3.38%)

$73,628,264 (8.21%)

Property Plant & Equipment Net

$6,495,000 (40.40%)

$4,626,000 (-21.74%)

$5,911,227 (5.62%)

$5,596,566 (65.38%)

Cash & Equivalents

$396,000 (22.22%)

$324,000 (-96.61%)

$9,563,709 (13.48%)

$8,427,858 (12.13%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$1,001,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$62,252,000 (7.06%)

$58,147,000 (26.71%)

$45,891,144 (14.87%)

$39,948,973 (129.32%)

Trade & Non-Trade Payables

$39,899,000 (-3.38%)

$41,296,000 (28.22%)

$32,207,461 (6.66%)

$30,195,696 (98.05%)

Accumulated Retained Earnings (Deficit)

-$125,111,000 (-13.69%)

-$110,048,000 (-7.10%)

-$102,756,967 (-6.25%)

-$96,708,981 (1.72%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$77,916,000 (18.42%)

$65,797,000 (-8.27%)

$71,731,691 (12.54%)

$63,738,310 (309.29%)

Debt Current

$1,651,000 (42.45%)

$1,159,000 (0.02%)

$1,158,800 (-12.81%)

$1,329,109 (112.87%)

Debt Non-Current

$76,265,000 (17.99%)

$64,638,000 (-8.41%)

$70,572,891 (13.08%)

$62,409,201 (317.49%)

Total Liabilities

$121,489,000 (9.61%)

$110,838,000 (0.44%)

$110,352,001 (8.15%)

$102,038,142 (198.48%)

Liabilities Current

$44,391,000 (-1.19%)

$44,925,000 (18.05%)

$38,054,866 (0.89%)

$37,719,975 (118.49%)

Liabilities Non-Current

$77,098,000 (16.97%)

$65,913,000 (-8.83%)

$72,297,135 (12.41%)

$64,318,167 (280.08%)

QRHC Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$288,532,000 (0.05%)

$288,378,000 (1.53%)

$284,037,823 (82.41%)

$155,715,373 (57.83%)

Cost of Revenue

$238,537,000 (0.09%)

$238,313,000 (1.33%)

$235,182,337 (85.17%)

$127,009,706 (59.55%)

Selling General & Administrative Expense

$39,543,000 (4.97%)

$37,669,000 (-0.35%)

$37,800,161 (73.96%)

$21,728,886 (26.77%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$54,455,000 (15.27%)

$47,240,000 (-0.44%)

$47,450,127 (96.09%)

$24,198,311 (32.20%)

Interest Expense

$10,312,000 (5.99%)

$9,729,000 (33.63%)

$7,280,741 (191.80%)

$2,495,130 (255.47%)

Income Tax Expense

$291,000 (-24.81%)

$387,000 (124.21%)

$172,604 (-46.26%)

$321,169 (26.44%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$15,063,000 (-106.60%)

-$7,291,000 (-20.55%)

-$6,047,986 (-457.65%)

$1,691,057 (63.49%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$15,063,000 (-106.60%)

-$7,291,000 (-20.55%)

-$6,047,986 (-457.65%)

$1,691,057 (63.49%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$15,063,000 (-106.60%)

-$7,291,000 (-20.55%)

-$6,047,986 (-457.65%)

$1,691,057 (103.90%)

Weighted Average Shares

$20,617,000 (2.45%)

$20,123,000 (3.33%)

$19,473,786 (3.11%)

$18,885,714 (13.35%)

Weighted Average Shares Diluted

$20,617,000 (2.45%)

$20,123,000 (3.33%)

$19,473,786 (-6.08%)

$20,735,017 (23.75%)

Earning Before Interest & Taxes (EBIT)

-$4,460,000 (-257.88%)

$2,825,000 (101.02%)

$1,405,359 (-68.82%)

$4,507,356 (126.47%)

Gross Profit

$49,995,000 (-0.14%)

$50,065,000 (2.48%)

$48,855,486 (70.19%)

$28,705,667 (50.65%)

Operating Income

-$4,460,000 (-257.88%)

$2,825,000 (101.02%)

$1,405,359 (-68.82%)

$4,507,356 (500.77%)

QRHC Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$5,970,000 (-214.71%)

-$1,897,000 (56.20%)

-$4,331,083 (74.41%)

-$16,928,023 (-3244.98%)

Net Cash Flow from Financing

$12,127,000 (302.76%)

-$5,981,000 (-176.61%)

$7,807,338 (-48.88%)

$15,273,683 (909.12%)

Net Cash Flow from Operations

-$6,085,000 (-346.77%)

-$1,362,000 (41.80%)

-$2,340,404 (-191.21%)

$2,565,938 (-17.17%)

Net Cash Flow / Change in Cash & Cash Equivalents

$72,000 (100.78%)

-$9,240,000 (-913.49%)

$1,135,851 (24.60%)

$911,598 (-77.79%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

-$2,636,127 (83.82%)

-$16,291,854 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$4,683,000 (-1708.11%)

-$259,000 (69.02%)

-$836,043 (-53.39%)

-$545,058 (-22.86%)

Issuance (Repayment) of Debt Securities

$10,752,000 (251.39%)

-$7,102,000 (-203.31%)

$6,874,261 (-53.04%)

$14,639,260 (1016.60%)

Issuance (Purchase) of Equity Shares

$1,375,000 (22.66%)

$1,121,000 (20.14%)

$933,077 (47.07%)

$634,423 (-79.61%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$1,563,000 (19.13%)

$1,312,000 (2.22%)

$1,283,568 (-7.10%)

$1,381,717 (-7.15%)

Depreciation Amortization & Accretion

$10,272,000 (3.25%)

$9,949,000 (-0.17%)

$9,966,371 (260.44%)

$2,765,059 (116.62%)

QRHC Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

17.30% (-0.57%)

17.40% (1.16%)

17.20% (-6.52%)

18.40% (-4.66%)

Profit Margin

-5.20% (-108.00%)

-2.50% (-19.05%)

-2.10% (-290.91%)

1.10% (37.50%)

EBITDA Margin

2.00% (-54.55%)

4.40% (10.00%)

4.00% (-14.89%)

4.70% (42.42%)

Return on Average Equity (ROAE)

-24.20% (-126.17%)

-10.70% (-27.38%)

-8.40% (-450.00%)

2.40% (84.62%)

Return on Average Assets (ROAA)

-8.40% (-100.00%)

-4.20% (-27.27%)

-3.30% (-353.85%)

1.30% (44.44%)

Return on Sales (ROS)

-1.50% (-250.00%)

1.00% (100.00%)

0.50% (-82.76%)

2.90% (45.00%)

Return on Invested Capital (ROIC)

-4.30% (-219.44%)

3.60% (111.76%)

1.70% (-87.50%)

13.60% (-18.07%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-8.9 (56.27%)

-20.36 (-3.30%)

-19.71 (-125.56%)

77.11 (66.91%)

Price to Sales Ratio (P/S)

0.46 (-9.20%)

0.51 (21.96%)

0.42 (-50.24%)

0.84 (115.90%)

Price to Book Ratio (P/B)

2.47 (11.41%)

2.22 (30.70%)

1.7 (-5.35%)

1.79 (187.34%)

Debt to Equity Ratio (D/E)

2.24 (34.15%)

1.67 (7.80%)

1.55 (11.90%)

1.39 (176.10%)

Earnings Per Share (EPS)

-0.73 (-102.78%)

-0.36 (-16.13%)

-0.31 (-444.44%)

0.09 (80.00%)

Sales Per Share (SPS)

13.99 (-2.34%)

14.33 (-1.75%)

14.59 (76.91%)

8.24 (39.25%)

Free Cash Flow Per Share (FCFPS)

-0.52 (-544.44%)

-0.08 (50.31%)

-0.16 (-252.34%)

0.11 (-32.70%)

Book Value Per Share (BVPS)

2.63 (-20.25%)

3.29 (-9.83%)

3.65 (-6.31%)

3.9 (-4.53%)

Tangible Assets Book Value Per Share (TABVPS)

3.96 (22.15%)

3.24 (-0.86%)

3.27 (10.44%)

2.96 (67.86%)

Enterprise Value Over EBIT (EV/EBIT)

-46 (-163.89%)

72 (-45.45%)

132 (325.81%)

31 (55.00%)

Enterprise Value Over EBITDA (EV/EBITDA)

35.4 (121.54%)

15.98 (-1.82%)

16.28 (-15.11%)

19.17 (55.81%)

Asset Turnover

1.61 (-2.65%)

1.66 (7.03%)

1.55 (27.15%)

1.22 (7.88%)

Current Ratio

1.69 (25.50%)

1.35 (-11.13%)

1.52 (13.79%)

1.33 (-11.42%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$10,768,000 (-564.28%)

-$1,621,000 (48.97%)

-$3,176,447 (-257.18%)

$2,020,880 (-23.86%)

Enterprise Value (EV)

$205,746,190 (0.80%)

$204,113,992 (10.28%)

$185,086,134 (32.74%)

$139,434,624 (246.88%)

Earnings Before Tax (EBT)

-$14,772,000 (-113.96%)

-$6,904,000 (-17.51%)

-$5,875,382 (-391.98%)

$2,012,226 (56.18%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$5,812,000 (-54.50%)

$12,774,000 (12.33%)

$11,371,730 (56.37%)

$7,272,415 (122.62%)

Invested Capital

$114,763,000 (33.78%)

$85,787,000 (-2.28%)

$87,789,619 (19.41%)

$73,516,440 (264.24%)

Working Capital

$30,748,000 (96.00%)

$15,688,000 (-20.41%)

$19,710,410 (56.31%)

$12,609,422 (44.23%)

Tangible Asset Value

$81,634,000 (25.13%)

$65,239,000 (2.45%)

$63,676,503 (13.86%)

$55,925,963 (90.29%)

Market Capitalization

$133,819,888 (-8.99%)

$147,039,412 (21.82%)

$120,706,172 (-8.56%)

$132,005,365 (210.89%)

Average Equity

$62,207,414 (-8.70%)

$68,138,370 (-5.55%)

$72,143,266 (0.76%)

$71,600,155 (10.16%)

Average Assets

$178,630,931 (2.77%)

$173,818,668 (-5.12%)

$183,204,298 (43.43%)

$127,728,205 (46.25%)

Invested Capital Average

$102,998,136 (31.80%)

$78,149,452 (-8.19%)

$85,124,187 (157.24%)

$33,090,723 (175.68%)

Shares

20,587,675 (2.63%)

20,059,947 (1.54%)

19,755,511 (3.86%)

19,020,946 (3.48%)