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Questor Technology (QST) AI Stock Analysis
Questor Technology
(TSXV:QST)
The score is held back primarily by deteriorating TTM financial performance (sharp revenue decline, negative margins, and renewed cash burn) despite a strong low-debt balance sheet. Technicals are also a drag with the stock below key longer-term moving averages and negative MACD, while valuation is constrained by ongoing losses (negative P/E) and no indicated dividend yield.
Questor Technology (QST) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 7.50M
- Dividend Yield
- ―
- Average Volume (3M)
- 46.65K
- Price to Earnings (P/E)
- -2.3
- Beta (1Y)
- 1.06
- Revenue Growth
- -74.07%
- EPS Growth
- -251.51%
- Country
- Canada
- Employees
- 25
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Pollution & Treatment Controls
Questor Technology Business Overview & Revenue Model
Company Description
Questor Technology Inc. is an environmental solutions provider dedicated to minimizing emissions. The company engineers, produces, and maintains advanced waste gas combustion systems, which it also offers for rental. Its operations span Canada and th...
Questor Technology Financial Statement Overview
Summary
Balance sheet strength (very low leverage) is a meaningful positive, but it is outweighed by weak operating fundamentals: TTM revenue fell sharply (~56%), profitability remains deeply negative with worsening margins, and cash flow reverted to operating and free-cash-flow burn after prior-year improvement. Overall financial flexibility is good, but earnings and cash generation are currently low-quality and volatile.
Income Statement
18Very NegativeBalance Sheet
76PositiveCash Flow
34Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.15M | 6.80M | 4.52M | 7.19M | 8.38M | 5.50M |
| Gross Profit | -379.66K | 2.57M | 1.23M | 2.73M | 2.03M | -999.21K |
| EBITDA | -2.97M | -322.01K | -1.47M | 544.96K | -64.56K | -2.77M |
| Net Income | -3.23M | -1.62M | -3.23M | -4.81M | -1.73M | -3.99M |
Balance Sheet | ||||||
| Total Assets | 21.43M | 22.73M | 24.09M | 27.13M | 33.87M | 35.05M |
| Cash, Cash Equivalents and Short-Term Investments | 5.01M | 4.21M | 6.93M | 12.51M | 15.20M | 14.66M |
| Total Debt | 761.46K | 849.96K | 1.24M | 826.65K | 1.02M | 623.60K |
| Total Liabilities | 2.47M | 3.01M | 2.98M | 2.77M | 4.68M | 4.57M |
| Stockholders Equity | 18.96M | 19.72M | 21.11M | 24.36M | 29.19M | 30.48M |
Cash Flow | ||||||
| Free Cash Flow | -1.66M | 1.00M | -6.38M | -2.47M | -144.92K | -1.76M |
| Operating Cash Flow | -1.47M | 1.18M | -1.84M | 149.10K | 1.52M | -1.13M |
| Investing Cash Flow | -2.23M | -2.52M | 2.24M | -4.12M | -7.90M | -601.84K |
| Financing Cash Flow | 1.48M | -568.62K | 472.36K | -621.33K | 637.82K | 87.54K |
Questor Technology Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QST, the sentiment is Neutral. The current price of 0.26 is above the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.28, and below the 200-day MA of 0.30, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 51.84 is Neutral, neither overbought nor oversold. The STOCH value of 50.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:QST.
Questor Technology Peers Comparison
Overall Rating
TSE:TMG60Neutral- TSE:QST48Neutral
TSE:RGEN47Neutral
TSE:GRN44Neutral
TSE:SHRC41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:TMG | 60Neutral | CAD 26.50M | 32.98 | 16.53% | ― | 16.89% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:QST | 48Neutral | CAD 7.08M | -2.31 | -16.34% | ― | -74.07% | -251.51% |
| TSE:RGEN | 47Neutral | CAD 3.81M | -1.68 | -52.24% | ― | ― | ― |
| TSE:GRN | 44Neutral | CAD 27.17M | -6.25 | -18.95% | ― | 5.01% | -3122.22% |
| TSE:SHRC | 41Neutral | CAD 14.04M | -3.92 | 109.61% | ― | -22.75% | 5.86% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:QST | Questor Technology | 0.26 | -0.21 | -45.16% | |
| TSE:SHRC | Sharc International Systems Inc. | 0.09 | 0.01 | 6.25% | |
| TSE:TMG | Thermal Energy International | 0.15 | 0.02 | 19.23% | |
| TSE:GRN | Greenlane Renewables | 0.17 | -0.09 | -34.62% | |
| TSE:RGEN | Delta Cleantech, Inc. | 0.03 | -0.05 | -62.50% |
Questor Technology Corporate Events
Questor Brings Back Veteran CEO Mascarenhas as New Board Targets Renewed Growth
PositiveQuestor Technology has reinstated long-time executive Audrey Mascarenhas as president and chief executive officer, replacing interim CEO Mike Lindsay and signaling a return to experienced leadership in its clean combustion and emissions reduction bus...
Questor advances global rollout of clean combustion fleet and deepens Mexico strategy
PositiveQuestor Technology has reported strong progress on its Phase III shareholder value creation plan, aligning a 109-unit clean combustion fleet for rental and international sale and minimizing cross-border logistics constraints. The company’s stra...
Questor hit by revenue slump and delays but wins funding for heat-to-power push
NegativeQuestor Technology reported a sharp decline in second-quarter 2026 revenue to $0.2 million from $3.0 million a year earlier, swinging to a gross loss and net loss as international sales cycles lengthened, rental unit utilization remained low, and com...
Questor Secures Final NRC IRAP Funding for 1,500 kW Waste-Heat Power Project
PositiveQuestor Technology has secured the final $305,060 funding tranche from the National Research Council of Canada’s Industrial Research Assistance Program to support development of its 1,500 kW Organic Rankine Cycle heat-to-power system. This brin...
Questor Moves to Acquire Emission Rx in Waste Gas Combustion Push
PositiveQuestor Technology has signed a non‑binding letter of intent to acquire privately held Emission Rx Ltd., a Calgary waste gas combustion service provider, in a deal that would also secure fabrication capabilities through Emission Rx’s rela...
Questor Sharpening Growth Plan as It Brings in Roth for Strategic Review
PositiveQuestor Technology has outlined the next phase of its refreshed strategy and shareholder value creation plan, emphasizing a capital-disciplined approach to redeploying its existing emissions reduction fleet in North American and international markets...
Questor Board Urges Support for Growth Plan in High-Stakes Shareholder Vote
NegativeQuestor Technology has issued a letter to shareholders and filed its management information circular ahead of its September 9 annual meeting, framing the vote as a decisive choice over the company’s future direction. Following the April 2026 te...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 27, 2026