Quest Patent Research Corporation (QPRC)

Quest Patent Research Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2.8	13.15	0.45	2.05	5.49
Revenue Growth (YoY)	-78.75%	2815.04%	-77.99%	-62.65%	32.46%
Gross Profit	2.8	13.15	0.45	2.05	5.49
Selling, General & Admin	2.16	1.95	1.07	3.85	1.51
Operating Expenses	2.8	2.74	1.98	3.85	1.51
Operating Income	-0	10.41	-1.53	-1.8	3.97
Interest Expense	-0.69	-1.06	-0.41	-0.29	-0.8
Other Non Operating Income (Expenses)	0.16	-0.14	1.49	-1.64	0.28
EBT Excluding Unusual Items	-0.53	9.21	-0.45	-3.73	3.45
Asset Writedown	-	-	-	-1.65	-
Legal Settlements	-1.84	-6.91	-0.3	-1.31	-4.69
Other Unusual Items	-	-	-	2.54	-
Pretax Income	-2.37	2.31	-0.75	-4.15	-1.25
Income Tax Expense	0.1	0.03	-0	0	0.07
Earnings From Continuing Operations	-2.47	2.28	-0.75	-4.15	-1.31
Minority Interest in Earnings	-	-	-	-	0
Net Income	-2.47	2.28	-0.75	-4.15	-1.31
Net Income to Common	-2.47	2.28	-0.75	-4.15	-1.31
Shares Outstanding (Basic)	5	5	5	5	4
Shares Outstanding (Diluted)	5	5	5	5	4
Shares Change (YoY)	-	-	4.17%	33.63%	-
EPS (Basic)	-0.46	0.43	-0.14	-0.81	-0.34
EPS (Diluted)	-0.46	0.43	-0.14	-0.81	-0.34
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-0.08%	79.16%	-338.77%	-87.74%	72.42%
Profit Margin	-88.43%	17.32%	-167.00%	-202.67%	-23.92%
EBITDA	0.63	11.2	-0.62	-0.64	4.62
EBITDA Margin	22.68%	85.14%	-137.01%	-31.16%	84.23%
D&A For EBITDA	0.64	0.79	0.91	1.16	0.65
EBIT	-0	10.41	-1.53	-1.8	3.97
EBIT Margin	-0.08%	79.16%	-	-87.74%	72.42%
Effective Tax Rate	-	1.30%	-	-	-
Revenue as Reported	-	-	-	-	5.49

Source: S&P Global Market Intelligence. Standard template. Financial Sources.