Annonce • Jun 03
Quest Resource Holding Corporation, Annual General Meeting, Jun 30, 2026 Quest Resource Holding Corporation, Annual General Meeting, Jun 30, 2026. Location: 433 e. las colinas boulevardirving, irving, texas, 75039, United States Breakeven Date Change • May 20
No longer forecast to breakeven The 2 analysts covering Quest Resource Holding no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$12.7m in 2027. New consensus forecast suggests the company will make a loss of US$1.80m in 2027. Annonce • Apr 24
Quest Resource Holding Corporation to Report Q1, 2026 Results on May 07, 2026 Quest Resource Holding Corporation announced that they will report Q1, 2026 results After-Market on May 07, 2026 Annonce • Feb 27
Quest Resource Holding Corporation to Report Q4, 2025 Results on Mar 12, 2026 Quest Resource Holding Corporation announced that they will report Q4, 2025 results After-Market on Mar 12, 2026 Annonce • Oct 28
Quest Resource Holding Corporation to Report Q3, 2025 Results on Nov 10, 2025 Quest Resource Holding Corporation announced that they will report Q3, 2025 results After-Market on Nov 10, 2025 Annonce • Oct 22
Quest Resource Holding Corporation Announces Executive Changes Quest Resource Holding Corporation (the “Company”) announced on October 20, 2025 that David P. Sweitzer, the Company’s Chief Operating Officer and Executive Vice President, and a named executive officer of the Company, would be resigning from his positions with the Company effective October 20, 2025. On October 21, 2025, the Company appointed Felipe Garcia as the Company’s Senior Vice President of Key Accounts. In this role, Mr. Garcia will lead all of the Company’s customer teams and will be responsible for advancing the Company’s value proposition and developing strategic relationships with key customers. Mr. Garcia brings over twelve years of executive leadership experience in key account management and business development from Republic Services Group, and he has also served in senior executive roles in the facility maintenance industry. Mr. Garcia will report to the Company’s Chief Executive Officer, Perry Moss. Annonce • Jul 29
Quest Resource Holding Corporation to Report Q2, 2025 Results on Aug 11, 2025 Quest Resource Holding Corporation announced that they will report Q2, 2025 results on Aug 11, 2025 Annonce • Jun 11
Quest Resource Holding Corporation, Annual General Meeting, Jul 08, 2025 Quest Resource Holding Corporation, Annual General Meeting, Jul 08, 2025. Location: 3481 plano parkway, suite 100, the colony, texas 75056, United States Annonce • Apr 29
Quest Resource Holding Corporation to Report Q1, 2025 Results on May 12, 2025 Quest Resource Holding Corporation announced that they will report Q1, 2025 results After-Market on May 12, 2025 Annonce • Mar 05
Quest Resource Holding Corporation to Report Q4, 2024 Results on Mar 12, 2025 Quest Resource Holding Corporation announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Mar 12, 2025 New Risk • Nov 12
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$7.9m Forecast net loss in 1 year: US$1.6m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$15m). Currently unprofitable and not forecast to become profitable next year (US$1.6m net loss next year). Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Reported Earnings • Nov 08
Third quarter 2024 earnings released: US$0.16 loss per share (vs US$0.10 loss in 3Q 2023) Third quarter 2024 results: US$0.16 loss per share (further deteriorated from US$0.10 loss in 3Q 2023). Revenue: US$72.8m (up 3.3% from 3Q 2023). Net loss: US$3.39m (loss widened 65% from 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. New Risk • Aug 12
New major risk - Revenue and earnings growth Earnings have declined by 61% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 61% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$14m). Currently unprofitable and not forecast to become profitable next year (US$799k net loss next year). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.074 loss per share (vs US$0.044 loss in 2Q 2023) Second quarter 2024 results: US$0.074 loss per share (further deteriorated from US$0.044 loss in 2Q 2023). Revenue: US$73.1m (down 1.8% from 2Q 2023). Net loss: US$1.51m (loss widened 71% from 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Annonce • Jul 25
Quest Resource Holding Corporation to Report Q2, 2024 Results on Aug 08, 2024 Quest Resource Holding Corporation announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Annonce • Jun 08
Quest Resource Holding Corporation, Annual General Meeting, Jul 08, 2024 Quest Resource Holding Corporation, Annual General Meeting, Jul 08, 2024. Location: 3481 plano parkway, suite 100, texas 75056, the colony United States Annonce • Jun 05
Quest Resource Holding Corporation Appoints Perry W. Moss as Chief Revenue Officer Quest Resource Holding Corporation has announced the appointment of Perry W. Moss to the newly created position of Chief Revenue Officer. Moss, who joined Quest as Senior Vice President of Sales and Business Development nine months ago, brings over 30 years of broad business development experience to his new role. His track record at Quest includes bringing on a record number of new client wins, with two expected to generate eight figures of annual revenue. Moss has previously worked in leadership roles at corporations such as Rubicon Technologies, Inc, Oakleaf Holdings, and Smurfit-Stone’s Waste Reduction Services’ business unit. In his new role, Moss will be responsible for driving revenue through various growth strategies, including new client acquisition, the expansion of strategic partnerships, and the development of new service solutions. He will oversee the company's sales and marketing efforts, focusing on enhancing and expanding the company’s current capabilities in these areas. Reported Earnings • May 10
First quarter 2024 earnings released: US$0.032 loss per share (vs US$0.10 loss in 1Q 2023) First quarter 2024 results: US$0.032 loss per share (improved from US$0.10 loss in 1Q 2023). Revenue: US$72.7m (down 2.0% from 1Q 2023). Net loss: US$655.3k (loss narrowed 68% from 1Q 2023). Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 144 percentage points per year, which is a significant difference in performance. Annonce • Apr 26
Quest Resource Holding Corporation to Report Q1, 2024 Results on May 09, 2024 Quest Resource Holding Corporation announced that they will report Q1, 2024 results After-Market on May 09, 2024 New Risk • Apr 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$3.3m). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Buy Or Sell Opportunity • Mar 23
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 4.8% to €6.60. The fair value is estimated to be €5.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 8.5% in a year. Earnings are forecast to grow by 99% in the next year. Reported Earnings • Mar 13
Full year 2023 earnings released: US$0.36 loss per share (vs US$0.31 loss in FY 2022) Full year 2023 results: US$0.36 loss per share (further deteriorated from US$0.31 loss in FY 2022). Revenue: US$288.4m (up 1.5% from FY 2022). Net loss: US$7.29m (loss widened 21% from FY 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Annonce • Mar 13
Quest Resource Holding Corporation Appoints Glenn Culpepper to the Audit Committee as Chairman Quest Resource Holding Corporation announced the board is adding current director Glenn Culpepper, former chief financial officer of Republic Services Inc. to the Audit Committee as Chairman. Annonce • Feb 28
Quest Resource Holding Corporation to Report Q4, 2023 Results on Mar 12, 2024 Quest Resource Holding Corporation announced that they will report Q4, 2023 results After-Market on Mar 12, 2024 Buying Opportunity • Nov 15
Now 20% undervalued Over the last 90 days, the stock is up 1.5%. The fair value is estimated to be €8.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 15
Third quarter 2023 earnings released: US$0.10 loss per share (vs US$0.087 loss in 3Q 2022) Third quarter 2023 results: US$0.10 loss per share (further deteriorated from US$0.087 loss in 3Q 2022). Revenue: US$70.4m (down 4.0% from 3Q 2022). Net loss: US$2.05m (loss widened 22% from 3Q 2022). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 173 percentage points per year, which is a significant difference in performance. Annonce • Nov 01
Quest Resource Holding Corporation to Report Q3, 2023 Results on Nov 14, 2023 Quest Resource Holding Corporation announced that they will report Q3, 2023 results After-Market on Nov 14, 2023 Reported Earnings • Aug 15
Second quarter 2023 earnings released: US$0.044 loss per share (vs US$0.06 profit in 2Q 2022) Second quarter 2023 results: US$0.044 loss per share (down from US$0.06 profit in 2Q 2022). Revenue: US$74.5m (down 3.1% from 2Q 2022). Net loss: US$886.6k (down 177% from profit in 2Q 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Annonce • Aug 01
Quest Resource Holding Corporation to Report Q2, 2023 Results on Aug 14, 2023 Quest Resource Holding Corporation announced that they will report Q2, 2023 results on Aug 14, 2023 Buying Opportunity • Jul 20
Now 22% undervalued Over the last 90 days, the stock is up 26%. The fair value is estimated to be €7.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has declined by 98%. Revenue is forecast to grow by 6.6% in a year. Earnings is forecast to grow by 55% in the next year. Annonce • Jul 11
Quest Resource Holding Corporation Appoints Perry W. Moss as Senior Vice President of Sales Quest Resource Holding Corporation announced it has appointed Perry W. Moss as Senior Vice President of Sales. Moss brings 30 years of experience in sales and operations leadership and is well regarded as a thought leader in the waste and environmental services industry. At Quest, Moss will be responsible for driving and maximizing revenue growth and overseeing sales strategies. Most recently, Moss was Co-Founder and Chief Advisor to Rubicon Technologies Inc. (NYSE: RBT). As Rubicon’s first president, he oversaw end-to-end commercial activities, successfully leading teams in achieving double-digit, year-over-year growth through new logo and geographic expansion strategies. Prior to Rubicon, Moss spent more than six years at Oakleaf Holdings leading up to its acquisition by Waste Management Inc. At Oakleaf, he contributed to major account wins that helped to more than double the revenue base during his tenure. Prior to Oakleaf, Moss was director of business development and played a key role in the successful growth and development of Smurfit-Stone’s Waste Reduction Services business unit, helping large businesses find value for recyclable materials. Annonce • Jul 06
Quest Resource Holding Corporation Elects Audrey P. Dunning as Director Quest Resource Holding Corporation announced at its 2023 Annual Meeting of Stockholders on June 29, 2023 elected Audrey P. Dunning as Director. Recent Insider Transactions • Jun 21
Senior VP recently bought €97k worth of stock On the 16th of June, Brett Johnston bought around 18k shares on-market at roughly €5.39 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Brett's only on-market trade for the last 12 months. Annonce • Jun 02
Quest Resource Holding Corporation, Annual General Meeting, Jun 29, 2023 Quest Resource Holding Corporation, Annual General Meeting, Jun 29, 2023, at 09:00 Central Daylight. Location: the offices of Quest Resource Holding Corporation, 3481 Plano Parkway, The Colony, Texas 75056 Texas United States Agenda: To discuss elect two directors, each to serve for a three-year term expiring in 2026; to discuss provide a non-binding advisory vote on the compensation of named executive officers for fiscal 2022, or say-on-pay; to discuss approve an amendment to 2012 Incentive Compensation Plan (the “2012 Plan”) to extend the term of the 2012 Plan; to discuss ratify the appointment of Semple, Marchal and Cooper, LLP, an independent registered public accounting firm, as the independent registered public accountant of company for the fiscal year ending December 31, 2023; and to transact such other business. Reported Earnings • May 17
First quarter 2023 earnings released: US$0.10 loss per share (vs US$0.11 loss in 1Q 2022) First quarter 2023 results: US$0.10 loss per share (improved from US$0.11 loss in 1Q 2022). Revenue: US$74.1m (up 3.6% from 1Q 2022). Net loss: US$2.02m (loss narrowed 7.3% from 1Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Commercial Services industry in Germany. Annonce • May 05
Quest Resource Holding Corporation to Report Q1, 2023 Results on May 15, 2023 Quest Resource Holding Corporation announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on May 15, 2023 Reported Earnings • Mar 25
Full year 2022 earnings released: US$0.31 loss per share (vs US$0.09 profit in FY 2021) Full year 2022 results: US$0.31 loss per share (down from US$0.09 profit in FY 2021). Revenue: US$284.0m (up 82% from FY 2021). Net loss: US$6.05m (down 458% from profit in FY 2021). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Germany. Buying Opportunity • Feb 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be €8.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 14% in a year. Earnings is forecast to grow by 76% in the next year. Recent Insider Transactions • Dec 22
Insider recently sold €93k worth of stock On the 15th of December, Alan Allred sold around 15k shares on-market at roughly €6.09 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €211k more than they bought in the last 12 months. Reported Earnings • Nov 16
Third quarter 2022 earnings released: US$0.087 loss per share (vs US$0.02 profit in 3Q 2021) Third quarter 2022 results: US$0.087 loss per share (down from US$0.02 profit in 3Q 2021). Revenue: US$73.4m (up 96% from 3Q 2021). Net loss: US$1.69m (down US$2.07m from profit in 3Q 2021). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Commercial Services industry in Germany. Annonce • Nov 03
Quest Resource Holding Corporation to Report Q3, 2022 Results on Nov 14, 2022 Quest Resource Holding Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 14, 2022 Recent Insider Transactions • Sep 01
Insider recently sold €61k worth of stock On the 29th of August, Laurie Latham sold around 9k shares on-market at roughly €7.01 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €55k more than they bought in the last 12 months. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: US$0.06 (vs US$0.037 in 2Q 2021) Second quarter 2022 results: EPS: US$0.06 (up from US$0.037 in 2Q 2021). Revenue: US$76.9m (up 109% from 2Q 2021). Net income: US$1.15m (up 65% from 2Q 2021). Profit margin: 1.5% (down from 1.9% in 2Q 2021). Over the next year, revenue is forecast to grow 31%, compared to a 4.8% growth forecast for the Commercial Services industry in Germany. Annonce • Aug 02
Quest Resource Holding Corporation to Report Q2, 2022 Results on Aug 15, 2022 Quest Resource Holding Corporation announced that they will report Q2, 2022 results After-Market on Aug 15, 2022 Annonce • Jun 01
Quest Resource Holding Corporation, Annual General Meeting, Jun 29, 2022 Quest Resource Holding Corporation, Annual General Meeting, Jun 29, 2022, at 09:00 Central Daylight. Location: 3481 Plano Parkway, The Colony Texas 75056 Texas United States Agenda: To elect two directors, each to serve for three-year term expiring in 2025; to provide non-binding advisory vote on the compensation of named executive officers for fiscal 2021, or say-on-pay; to ratify the appointment of Semple, Marchal and Cooper, LLP, an independent registered public accounting firm, as the independent registered public accountant of company for the fiscal year ending December 31, 2022; and to transact such other business as may properly come before the meeting or any adjournment or postponement thereof. Reported Earnings • May 17
First quarter 2022 earnings released: US$0.11 loss per share (vs US$0.062 profit in 1Q 2021) First quarter 2022 results: US$0.11 loss per share (down from US$0.062 profit in 1Q 2021). Revenue: US$71.5m (up 104% from 1Q 2021). Net loss: US$2.18m (down 291% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 32%, compared to a 15% growth forecast for the industry in Germany. Annonce • May 12
Quest Resource Holding Corporation to Report Q1, 2022 Results on May 16, 2022 Quest Resource Holding Corporation announced that they will report Q1, 2022 results After-Market on May 16, 2022 Annonce • Apr 27
Quest Resource Holding Corporation Announces Retirement of Laurie Latham as Chief Financial Officer Quest Resource Holding Corporation announced that Laurie L. Latham, Quest’s chief financial officer (CFO) and senior vice president, informed the company plans to retire, after almost ten years of dedicated and valuable service to Quest. Ms. Latham’s retirement from Quest is part of an orderly succession plan. Laurie will remain with Quest until August 31, 2022. Reported Earnings • Mar 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.09 (up from US$0.05 in FY 2020). Revenue: US$155.7m (up 58% from FY 2020). Net income: US$1.69m (up 104% from FY 2020). Profit margin: 1.1% (up from 0.8% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 60%, compared to a 25% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €5.45, the stock trades at a forward P/E ratio of 63x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total returns to shareholders of 122% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.80 per share. Annonce • Feb 16
Quest Resource Holding Corporation (NasdaqCM:QRHC) acquired Assets of a Light Waste Services Provider in northeast region of the United States for a cash consideration of $3.35 million. Quest Resource Holding Corporation (NasdaqCM:QRHC) acquired Assets of a Light Waste Services Provider in northeast region of the United States for a cash consideration of $3.35 million on February 15, 2022. The transaction is expected to be accretive on a free cash flow per share basis.
Quest Resource Holding Corporation (NasdaqCM:QRHC) completed the acquisition of Assets of a Light Waste Services Provider in northeast region of the United States on February 15, 2022. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 19% share price gain to €6.50, the stock trades at a forward P/E ratio of 63x. Average forward P/E is 17x in the Commercial Services industry in Europe. Total returns to shareholders of 156% over the past year. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 19% share price gain to €6.25, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 16x in the Commercial Services industry in Europe. Total returns to shareholders of 259% over the past year. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 25% share price gain to €5.60, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 16x in the Commercial Services industry in Europe. Total returns to shareholders of 244% over the past year. Reported Earnings • Nov 16
Third quarter 2021 earnings released: EPS US$0.02 (vs US$0.016 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$37.4m (up 58% from 3Q 2020). Net income: US$386.0k (up US$657.6k from 3Q 2020). Profit margin: 1.0% (up from net loss in 3Q 2020). Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 28% share price gain to €6.15, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Commercial Services industry in Europe. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS US$0.037 (vs US$0.078 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$36.9m (up 68% from 2Q 2020). Net income: US$699.3k (down 42% from 2Q 2020). Profit margin: 1.9% (down from 5.5% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 18% share price gain to US$5.70, the stock trades at a forward P/E ratio of 63x. Average forward P/E is 18x in the Commercial Services industry in Europe. Annonce • Jun 16
Quest Resource Holding Corporation (NasdaqCM:QRHC) entered into a definitive agreement to acquire Assets of a Light Waste Services Provider in Atlanta for $2.5 million. Quest Resource Holding Corporation (NasdaqCM:QRHC) entered into a definitive agreement to acquire Assets of a Light Waste Services Provider in Atlanta for $2.5 million on June 15, 2021. The consideration of the acquisition will be paid in a combination of cash and an earn-out. During the trailing twelve month period ending on March 31, 2021, the acquired assets, which mainly consist of customer contracts, are estimated to have produced adjusted EBITDA of approximately $0.5 million. The acquisition is expected to close in the next 30 to 60 days. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improved over the past week After last week's 19% share price gain to US$4.78, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 18x in the Commercial Services industry in Europe. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 44% share price gain to US$3.82, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 18x in the Commercial Services industry in Europe. Reported Earnings • May 19
First quarter 2021 earnings released: EPS US$0.062 (vs US$0.015 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$35.1m (up 39% from 1Q 2020). Net income: US$1.15m (up US$1.38m from 1Q 2020). Profit margin: 3.3% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Annonce • Apr 29
Quest® Proganics™ Provides a Transformative Step Forward in Organics Recycling Quest Resource Holding Corporation announced the introduction of Quest® Proganics™, a newly developed process that delivers significant diversion levels of organic waste away from landfills. Quest Proganics provides a single process that handles all organic material. This includes packaged food, non-packaged food, floral, cardboard, all types of paper products, plastics and waxed cardboard used in food packaging. All of the materials are handled through a single collection process, making Quest Proganics a cost efficient, comprehensive organics recycling solution. The organic materials are 100% diverted, recycled and repurposed to create compost, biofuel or animal feed; and the packaging materials are used for Waste-to-Energy (WTE). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 23% share price gain to US$3.02, the stock trades at a forward P/E ratio of 357x. Average forward P/E is 18x in the Commercial Services industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €2.51 per share. Is New 90 Day High Low • Mar 16
New 90-day high: €3.18 The company is up 101% from a price of €1.58 on 16 December 2020. Outperformed the German market which is up 9.0% over the last 90 days. Exceeded the Commercial Services industry, which is up 18% over the same period. Simply Wall St's valuation model estimates the intrinsic value at €2.48 per share. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS US$0.05 (vs US$0.004 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$98.7m (flat on FY 2019). Net income: US$829.4k (up US$884.6k from FY 2019). Profit margin: 0.8% (up from net loss in FY 2019). Analyst Estimate Surprise Post Earnings • Mar 13
Revenue beats expectations Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 18%, compared to a 11% growth forecast for the Commercial Services industry in Germany. Annonce • Mar 02
Quest Resource Holding Corporation to Report Q4, 2020 Results on Mar 11, 2021 Quest Resource Holding Corporation announced that they will report Q4, 2020 results After-Market on Mar 11, 2021 Is New 90 Day High Low • Feb 05
New 90-day high: €2.32 The company is up 50% from its price of €1.55 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 40% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.40 per share. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$1.95, the stock is trading at a trailing P/E ratio of 54.1x, down from the previous P/E ratio of 63.8x. This compares to an average P/E of 20x in the Commercial Services industry in Europe. Is New 90 Day High Low • Jan 15
New 90-day high: €2.08 The company is up 23% from its price of €1.70 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.38 per share. Is New 90 Day High Low • Dec 29
New 90-day high: €1.76 The company is up 9.0% from its price of €1.61 on 30 September 2020. The German market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Commercial Services industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.35 per share. Analyst Estimate Surprise Post Earnings • Nov 17
Revenue beats expectations Revenue exceeded analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 7.8%, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Reported Earnings • Nov 17
Third quarter 2020 earnings released: US$0.016 loss per share The company reported a poor third quarter result with weaker earnings and control over expenses, although revenues were flat. Third quarter 2020 results: Revenue: US$23.7m (flat on 3Q 2019). Net loss: US$271.6k (down US$318.6k from profit in 3Q 2019). Annonce • Nov 12
Quest Resource Holding Corporation to Report Q3, 2020 Results on Nov 16, 2020 Quest Resource Holding Corporation announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 16, 2020 
