The latest update is out from Questor Technology ( (TSE:QST) ).
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.
Spark’s Take on TSE:QST Stock
According to Spark, TipRanks’ AI Analyst, TSE:QST is a Neutral.
Questor Technology’s overall stock score reflects significant financial challenges, including declining revenues and profitability issues. The technical analysis supports a bearish outlook with weak momentum indicators. The valuation is concerning due to a negative P/E ratio and lack of dividends. These factors suggest caution for potential investors until the company addresses its financial and operational inefficiencies.
To see Spark’s full report on TSE:QST stock, click here.
More about Questor Technology
Questor Technology Inc. operates in the environmental technology industry, focusing on providing solutions for emissions control, waste heat to power, and energy efficiency. The company is particularly active in international markets, with a focus on regions such as the Permian basin, Colorado, North Dakota, New Mexico, and Wyoming.
YTD Price Performance: -25.00%
Average Trading Volume: 39,806
Technical Sentiment Signal: Buy
Current Market Cap: C$8.26M
Find detailed analytics on QST stock on TipRanks’ Stock Analysis page.