Quest Resource Q4 GAAP net loss $0.17/sh; revenue up 34% YoY

Quest Resource Holding Corp

Q4 revenue $62.3M (+34.2% YoY); gross margin 17.3% vs 18.5%.
GAAP net loss per share $(0.17) vs $(0.03) loss in Q4 2021; adjusted net loss $(0.02).
FY 2022 revenue $284M (+82.4%); GAAP net loss $(0.31)/sh vs income $0.09 in 2021.
Q4 adjusted EBITDA $2.3M, down 30.1% YoY; FY adjusted EBITDA $16.4M, up 51.2%.
RWS integration caused ~$1.5M gross profit shortfall in 2022; process corrections underway.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Quest Resource Holding Corp reported Year Ended December 31, 2022 results: revenue $284.0 million, EPS $(0.31) per share.

Period: Year Ended December 31, 2022
Revenue: $284.0 million
EPS: $(0.31) per share
Result: reported results

Exact text from the filing

• Revenue was $284.0 million, an 82.4% increase compared with 2021. • Gross profit was $48.9 million, a 70.2% increase compared with 2021. • Gross margin was 17.2% of revenue compared with 18.4% for 2021. • GAAP net loss per share attributable to common shareholders was $(0.31), compared with net income of $0.09 ($0.08 per diluted share) during 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Quest Resource Holding Corp reported Fourth Quarter 2022 results: revenue $62.3 million, EPS $(0.17) per share.

Period: Fourth Quarter 2022
Revenue: $62.3 million
EPS: $(0.17) per share
Result: reported results

Exact text from the filing

• Revenue was $62.3 million, a 34.2% increase compared with the fourth quarter of 2021. • Gross profit was $10.8 million, a 25.0% increase compared with the fourth quarter of 2021. • Gross margin was 17.3% of revenue compared with 18.5% during the fourth quarter of 2021. • GAAP net loss per share attributable to common stockholders was $(0.17), compared with $(0.03) per basic and diluted share during the fourth quarter of 2021.

View on SEC.gov

Browse all earnings releases →

Quest Resource Holding Corp filing history →

Source: SEC EDGAR

accession 0000950170-23-009467

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.