Reported Earnings • May 22
First quarter 2026 earnings: EPS exceeds analyst expectations First quarter 2026 results: CA$0.004 loss per share (down from CA$0.013 profit in 1Q 2025). Revenue: CA$499.3k (down 79% from 1Q 2025). Net loss: CA$114.7k (down 133% from profit in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 90%. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Apr 26
Questor Technology Secures CAD 1.9 Million from National Research Council Canada to Commercialize 1500kW Heat-To-Power System Questor Technology announced that the National Research Council of Canada has awarded the Company CAD 1.9 million to complete development and launch commercialization of Questor's 1500kW Rankine Cycle Heat-to-Power Generation System. Sustainable Development Technology Canada cleantech funding is now delivered by the National Research Council of Canada through its NRC IRAP program. The NRC grant arrives at a pivotal moment, as global operators face mounting pressure to abate methane emissions, retire open flares, and generate on-site power without adding carbon. Questor's 1500kW ORC converts both high- and low-temperature waste heat into dispatchable electricity that can be consumed on-site or exported to the grid, and is engineered as the natural companion to the Company's Q-Series Thermal Oxidizers. Together, the integrated thermal oxidizer-plus-ORC package delivers what operators have been asking for: near-zero methane and GHG emissions paired with a new, quantifiable revenue stream from avoided power purchases, turning what was once a regulatory cost centre into a margin-positive asset. As jurisdictions worldwide adopt zero-routine-flaring deadlines, demand for ISO-certified clean combustion with integrated power recovery is moving from pilot scale to portfolio scale. Questor expects to complete testing of the 1500kW prototype in the second quarter of 2026, with commercial rollout to follow later this year. This positions the Company to meet that demand with the only Canadian-engineered solution at this capacity. Reported Earnings • Apr 21
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: CA$0.06 loss per share (improved from CA$0.12 loss in FY 2024). Revenue: CA$6.80m (up 50% from FY 2024). Net loss: CA$1.62m (loss narrowed 50% from FY 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Apr 15
Questor Technology Inc., Annual General Meeting, Jun 24, 2026 Questor Technology Inc., Annual General Meeting, Jun 24, 2026. Location: alberta, calgary Canada Reported Earnings • Nov 20
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: CA$0.05 loss per share (further deteriorated from CA$0.021 loss in 3Q 2024). Revenue: CA$683.1k (down 40% from 3Q 2024). Net loss: CA$1.26m (loss widened 114% from 3Q 2024). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 150%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. New Risk • Oct 24
New major risk - Revenue and earnings growth Earnings have declined by 16% 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 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$14.6m market cap, or US$10.4m). Price Target Changed • Sep 02
Price target increased by 39% to CA$0.80 Up from CA$0.57, the current price target is an average from 2 analysts. New target price is 54% above last closing price of CA$0.52. Stock is up 21% over the past year. The company is forecast to post earnings per share of CA$0.015 next year compared to a net loss per share of CA$0.12 last year. Reported Earnings • Aug 28
Second quarter 2025 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2025 results: EPS: CA$0.01 (up from CA$0.035 loss in 2Q 2024). Revenue: CA$3.02m (up 247% from 2Q 2024). Net income: CA$363.1k (up CA$1.33m from 2Q 2024). Profit margin: 12% (up from net loss in 2Q 2024). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Board Change • Jul 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. President, CEO, & Chair Audrey Mascarenhas is the most experienced director on the board, commencing their role in 2001. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 22
First quarter 2025 earnings: EPS in line with expectations, revenues disappoint First quarter 2025 results: EPS: CA$0.01 (up from CA$0.023 loss in 1Q 2024). Revenue: CA$2.36m (up 223% from 1Q 2024). Net income: CA$350.2k (up CA$986.9k from 1Q 2024). Profit margin: 15% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Price Target Changed • May 06
Price target increased by 14% to CA$0.60 Up from CA$0.53, the current price target is an average from 2 analysts. New target price is 107% above last closing price of CA$0.29. Stock is down 50% over the past year. The company is forecast to post earnings per share of CA$0.02 next year compared to a net loss per share of CA$0.12 last year. Price Target Changed • Apr 21
Price target increased by 12% to CA$0.70 Up from CA$0.63, the current price target is provided by 1 analyst. New target price is 150% above last closing price of CA$0.28. Stock is down 54% over the past year. The company is forecast to post earnings per share of CA$0.01 next year compared to a net loss per share of CA$0.12 last year. Reported Earnings • Apr 16
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CA$0.12 loss per share (improved from CA$0.17 loss in FY 2023). Revenue: CA$4.52m (down 37% from FY 2023). Net loss: CA$3.23m (loss narrowed 33% from FY 2023). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. Announcement • Apr 16
Questor Technology Inc., Annual General Meeting, Jun 24, 2025 Questor Technology Inc., Annual General Meeting, Jun 24, 2025. Location: alberta, calgary Canada New Risk • Apr 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 21% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (CA$6.20m market cap, or US$4.35m). Minor Risk Revenue is less than US$5m (CA$4.2m revenue, or US$2.9m). New Risk • Mar 06
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 Canadian stocks, typically moving 14% 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: Major Risks Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (CA$7.18m market cap, or US$5.00m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (CA$4.2m revenue, or US$2.9m). Buy Or Sell Opportunity • Feb 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.1% to CA$0.35. The fair value is estimated to be CA$0.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 16%. Buy Or Sell Opportunity • Jan 22
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.5% to CA$0.34. The fair value is estimated to be CA$0.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 16%. Price Target Changed • Dec 11
Price target decreased by 11% to CA$0.63 Down from CA$0.70, the current price target is an average from 2 analysts. New target price is 76% above last closing price of CA$0.35. Stock is down 52% over the past year. The company is forecast to post a net loss per share of CA$0.08 next year compared to a net loss per share of CA$0.17 last year. Reported Earnings • Nov 26
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: CA$0.02 loss per share (improved from CA$0.12 loss in 3Q 2023). Revenue: CA$1.14m (down 32% from 3Q 2023). Net loss: CA$589.6k (loss narrowed 82% from 3Q 2023). Revenue missed analyst estimates by 40%. Earnings per share (EPS) also missed analyst estimates by 100%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Sep 13
Now 24% undervalued Over the last 90 days, the stock has risen 5.5% to CA$0.39. The fair value is estimated to be CA$0.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 16%. New Risk • Aug 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.0m (US$9.61m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 60% per year over the past 5 years. Market cap is less than US$10m (CA$13.0m market cap, or US$9.61m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (CA$4.7m revenue, or US$3.5m). Reported Earnings • Aug 18
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: CA$0.03 loss per share (further deteriorated from CA$0.018 loss in 2Q 2023). Revenue: CA$870.4k (down 61% from 2Q 2023). Net loss: CA$966.2k (loss widened 93% from 2Q 2023). Revenue missed analyst estimates by 50%. Earnings per share (EPS) also missed analyst estimates by 200%. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 5.6% decline forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Jul 05
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.3% to CA$0.62. The fair value is estimated to be CA$0.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 4.6%. New Risk • Jun 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.3m (US$9.67m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 63% per year over the past 5 years. Market cap is less than US$10m (CA$13.3m market cap, or US$9.67m). Minor Risk Revenue is less than US$5m (CA$6.1m revenue, or US$4.4m). Buy Or Sell Opportunity • May 24
Now 31% overvalued Over the last 90 days, the stock has fallen 5.0% to CA$0.57. The fair value is estimated to be CA$0.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years, while earnings per share has been flat. Price Target Changed • May 19
Price target decreased by 20% to CA$0.80 Down from CA$1.00, the current price target is provided by 1 analyst. New target price is 45% above last closing price of CA$0.55. Stock is down 42% over the past year. The company is forecast to post a net loss per share of CA$0.02 next year compared to a net loss per share of CA$0.17 last year. Reported Earnings • Apr 18
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CA$0.17 loss per share (further deteriorated from CA$0.062 loss in FY 2022). Revenue: CA$7.19m (down 14% from FY 2022). Net loss: CA$4.81m (loss widened 178% from FY 2022). Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.8% decline forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Announcement • Apr 09
Questor Technology Inc., Annual General Meeting, Jun 19, 2024 Questor Technology Inc., Annual General Meeting, Jun 19, 2024. New Risk • Mar 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 63% per year over the past 5 years. Market cap is less than US$10m (CA$13.6m market cap, or US$9.99m). Price Target Changed • Feb 05
Price target decreased by 9.1% to CA$1.00 Down from CA$1.10, the current price target is an average from 2 analysts. New target price is 92% above last closing price of CA$0.52. Stock is down 44% over the past year. The company is forecast to post a net loss per share of CA$0.15 next year compared to a net loss per share of CA$0.062 last year. Price Target Changed • Nov 24
Price target decreased by 11% to CA$1.05 Down from CA$1.18, the current price target is an average from 2 analysts. New target price is 38% above last closing price of CA$0.76. Stock is down 34% over the past year. The company posted a net loss per share of CA$0.062 last year. Reported Earnings • Nov 24
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: CA$0.12 loss per share (further deteriorated from CA$0 in 3Q 2022). Revenue: CA$1.69m (up 1.0% from 3Q 2022). Net loss: CA$3.24m (loss widened CA$3.23m from 3Q 2022). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 11% decline forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 25
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: CA$0.02 loss per share (further deteriorated from CA$0.016 loss in 2Q 2022). Revenue: CA$2.22m (down 9.7% from 2Q 2022). Net loss: CA$501.8k (loss widened 9.6% from 2Q 2022). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 100%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 10% decline forecast for the Energy Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • May 26
First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2023 results: CA$0.01 loss per share (improved from CA$0.013 loss in 1Q 2022). Revenue: CA$1.84m (down 29% from 1Q 2022). Net loss: CA$174.9k (loss narrowed 52% from 1Q 2022). Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) exceeded analyst estimates by 50%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Energy Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 15
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: CA$0.06 loss per share (improved from CA$0.14 loss in FY 2021). Revenue: CA$8.38m (up 52% from FY 2021). Net loss: CA$1.73m (loss narrowed 57% from FY 2021). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.3% decline forecast for the Energy Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Buying Opportunity • Mar 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 9.1%. The fair value is estimated to be CA$1.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 62% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 83% in 2 years. Earnings is forecast to grow by 90% in the next 2 years. Buying Opportunity • Mar 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be CA$1.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 62% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 83% in 2 years. Earnings is forecast to grow by 90% in the next 2 years. Buying Opportunity • Feb 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be CA$1.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 62% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 83% in 2 years. Earnings is forecast to grow by 90% in the next 2 years. Major Estimate Revision • Dec 06
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CA$10.3m to CA$8.65m. EPS estimate increased from -CA$0.05 to -CA$0.04 per share. Energy Services industry in Canada expected to see average net income growth of 70% next year. Consensus price target broadly unchanged at CA$1.42. Share price fell 8.7% to CA$1.05 over the past week. Reported Earnings • Dec 01
Third quarter 2022 earnings released: EPS: CA$0 (vs CA$0.017 loss in 3Q 2021) Third quarter 2022 results: EPS: CA$0 (improved from CA$0.017 loss in 3Q 2021). Revenue: CA$1.67m (up 1.8% from 3Q 2021). Net loss: CA$12.3k (loss narrowed 97% from 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Energy Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Price Target Changed • Nov 16
Price target decreased to CA$1.40 Down from CA$1.68, the current price target is an average from 3 analysts. New target price is 23% above last closing price of CA$1.14. Stock is down 39% over the past year. The company is forecast to post a net loss per share of CA$0.047 next year compared to a net loss per share of CA$0.15 last year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Chairman Stew Hanlon was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Sep 05
Consensus revenue estimates fall by 17% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CA$12.5m to CA$10.3m. Forecast losses increased from -CA$0.04 to -CA$0.05 per share. Energy Services industry in Canada expected to see average net income growth of 105% next year. Consensus price target down from CA$1.68 to CA$1.40. Share price fell 6.6% to CA$0.99 over the past week. Price Target Changed • Aug 30
Price target decreased to CA$1.40 Down from CA$1.68, the current price target is an average from 3 analysts. New target price is 36% above last closing price of CA$1.03. Stock is down 24% over the past year. The company is forecast to post a net loss per share of CA$0.03 next year compared to a net loss per share of CA$0.15 last year. Reported Earnings • Aug 29
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: CA$0.02 loss per share (up from CA$0.032 loss in 2Q 2021). Revenue: CA$2.45m (up 107% from 2Q 2021). Net loss: CA$457.9k (loss narrowed 48% from 2Q 2021). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 83%, compared to a 16% growth forecast for the Energy Services industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Board Change • Jul 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Chairman Stew Hanlon was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 07
Questor Technology Inc. Announces Marcel Kessler Resigned from the Board Questor Technology Inc. announced that Marcel Kessler has resigned from the Board effective June 27, 2022, to accept a new position as CEO and President of GrafTech International.Kessler previously served as the president and chief executive officer of Pason Systems Inc. from 2011 to 2020, and has been a director of Pason since 2012 and is currently serving as the chairman of the board of directors of Pason. Major Estimate Revision • Jun 06
Consensus EPS estimates fall by 300% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CA$13.2m to CA$12.2m. Losses expected to increase from CA$0.01 per share to CA$0.04. Energy Services industry in Canada expected to see average net income growth of 55% next year. Consensus price target down from CA$1.78 to CA$1.68. Share price rose 4.1% to CA$1.26 over the past week. Reported Earnings • Jun 01
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: CA$0.013 loss per share (up from CA$0.032 loss in 1Q 2021). Revenue: CA$2.59m (up 67% from 1Q 2021). Net loss: CA$365.6k (loss narrowed 59% from 1Q 2021). Revenue exceeded analyst estimates by 40%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Over the next year, revenue is forecast to grow 101%, compared to a 13% growth forecast for the industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Buying Opportunity • May 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 2.1%. The fair value is estimated to be CA$1.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 50% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 219% in 2 years. Earnings is forecast to grow by 100% in the next 2 years. Price Target Changed • Apr 27
Price target decreased to CA$1.78 Down from CA$2.00, the current price target is an average from 3 analysts. New target price is 39% above last closing price of CA$1.28. Stock is down 41% over the past year. The company is forecast to post a net loss per share of CA$0.01 next year compared to a net loss per share of CA$0.15 last year. Buying Opportunity • Apr 22
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CA$1.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 50% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 216% in 2 years. Earnings is forecast to grow by 100% in the next 2 years. Price Target Changed • Apr 14
Price target decreased to CA$1.81 Down from CA$2.00, the current price target is an average from 4 analysts. New target price is 22% above last closing price of CA$1.49. Stock is down 26% over the past year. The company is forecast to post earnings per share of CA$0.06 next year compared to a net loss per share of CA$0.15 last year. Reported Earnings • Apr 14
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CA$0.14 loss per share (down from CA$0.067 loss in FY 2020). Revenue: CA$5.50m (down 40% from FY 2020). Net loss: CA$3.99m (loss widened 118% from FY 2020). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 45%. Over the next year, revenue is forecast to grow 180%, compared to a 19% growth forecast for the industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Apr 09
Questor Technology Inc., Annual General Meeting, Jun 15, 2022 Questor Technology Inc., Annual General Meeting, Jun 15, 2022. Recent Insider Transactions Derivative • Dec 22
President exercised options to buy CA$411k worth of stock. On the 14th of December, Audrey Mascarenhas exercised options to buy 291k shares at a strike price of around CA$0.84, costing a total of CA$246k. This transaction amounted to 6.7% of their direct individual holding at the time of the trade. Since June 2021, Audrey has owned 4.38m shares directly. Company insiders have collectively bought CA$262k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Nov 21
Third quarter 2021 earnings released: CA$0.017 loss per share (vs CA$0.035 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CA$1.64m (up 54% from 3Q 2020). Net loss: CA$453.7k (loss narrowed 53% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Price Target Changed • Nov 17
Price target increased to CA$2.13 Up from CA$1.88, the current price target is an average from 5 analysts. New target price is 10% above last closing price of CA$1.93. Stock is down 17% over the past year. The company is forecast to post a net loss per share of CA$0.11 next year compared to a net loss per share of CA$0.067 last year. Executive Departure • Sep 20
Chief Operating Officer Darko Ulakovic has left the company On the 17th of September, Darko Ulakovic's tenure as Chief Operating Officer ended after 1.0 years in the role. As of June 2021, Darko still personally held 60.50k shares (CA$116k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Aug 18
Second quarter 2021 earnings released: CA$0.03 loss per share (vs CA$0.046 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: CA$2.37m (up 130% from 2Q 2020). Net loss: CA$1.45m (loss widened 16% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Aug 17
Consensus revenue estimates fall to CA$6.63m The consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from CA$11.5m to CA$6.63m. Forecast losses increased from -CA$0.053 to -CA$0.11 per share. Energy Services industry in Canada expected to see average net income decline 2.2% next year. Consensus price target down from CA$2.27 to CA$1.97. Share price fell 12% to CA$1.52 over the past week. Executive Departure • May 30
Corporate Secretary has left the company On the 28th of May, Danny Zivkusic's tenure as Corporate Secretary ended after 5.6 years in the role. As of March 2021, Danny personally held 125.00k shares (CA$244k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • May 19
First quarter 2021 earnings released: CA$0.03 loss per share (vs CA$0.046 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: CA$1.55m (down 66% from 1Q 2020). Net loss: CA$885.9k (down 170% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Price Target Changed • May 19
Price target decreased to CA$2.18 Down from CA$2.57, the current price target is an average from 6 analysts. New target price is 13% above last closing price of CA$1.93. Stock is up 23% over the past year. Reported Earnings • Apr 02
Full year 2020 earnings released: CA$0.07 loss per share (vs CA$0.28 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CA$9.21m (down 70% from FY 2019). Net loss: CA$1.83m (down 125% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Mar 11
Questor Technology Inc., Annual General Meeting, May 14, 2021 Questor Technology Inc., Annual General Meeting, May 14, 2021. Price Target Changed • Feb 02
Price target raised to CA$2.55 Up from CA$2.34, the current price target is an average from 6 analysts. The new target price is 10% below the current share price of CA$2.84. As of last close, the stock is down 43% over the past year. Is New 90 Day High Low • Jan 15
New 90-day high: CA$2.97 The company is up 102% from its price of CA$1.47 on 16 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 54% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$3.63 per share. Is New 90 Day High Low • Dec 31
New 90-day high: CA$2.47 The company is up 87% from its price of CA$1.32 on 01 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy 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 CA$3.82 per share. Recent Insider Transactions • Dec 26
Chief Operating Officer recently bought CA$62k worth of stock On the 21st of December, Darko Ulakovic bought around 30k shares on-market at roughly CA$2.05 per share. In the last 3 months, they made an even bigger purchase worth CA$64k. Darko has been a buyer over the last 12 months, purchasing a net total of CA$198k worth in shares. Major Estimate Revision • Nov 20
Analysts lower revenue estimates to CA$9.20m The 2020 consensus revenue estimate decreased from CA$10.4m. Earnings per share (EPS) also decreased, with analysts lowering their estimates from -CA$0.026 to -CA$0.044 for the same period. The Energy Services industry in Canada is expected to see a 17% decline in net income next year. The consensus price target increased from CA$1.81 to CA$2.03. Share price is up 2.7% to CA$2.26 over the past week. Is New 90 Day High Low • Nov 17
New 90-day high: CA$2.33 The company is up 47% from its price of CA$1.58 on 19 August 2020. The Canadian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$3.49 per share.