Quest Resource (QRHC)

Search documents
Quest Resource (QRHC) - 2021 Q2 - Quarterly Report
2021-08-16 20:01
FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Commission file number: 001-36451 Quest Resource Holding Corporation (Exact Name of Registrant as Specified in its Charter) Nevada 51-0665952 (State or other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 3481 Plano Parkway The Colony, Texas 75056 (Address o ...
Quest Resource (QRHC) - 2021 Q1 - Earnings Call Transcript
2021-05-18 01:02
Quest Resource Holding Corporation (NASDAQ:QRHC) Q1 2021 Results Conference Call May 17, 2021 5:00 PM ET Company Participants Dave Mossberg - IR Ray Hatch - President and CEO Laurie Latham - CFO Conference Call Participants Amit Dayal - H.C. Wainright Greg Kitt - Pinnacle Fund George Melas - MKH Management Operator Good day, everyone, and welcome to the Quest Resource Holding Corporation First Quarter 2021 Earnings Call. Today’s call is being recorded. At this time, I would like to turn the conference over ...
Quest Resource (QRHC) - 2021 Q1 - Quarterly Report
2021-05-17 20:01
For the quarterly period ended March 31, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-36451 Quest Resource Holding Corporation (Exact Name of Registrant as Specified in its Charter) Nevada 51-0665952 (State or other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 3481 Plano Parkway The Colony, Texas 75056 (Address ...
Quest Resource (QRHC) - 2020 Q4 - Earnings Call Transcript
2021-03-12 04:02
Quest Resource Holding Corporation (NASDAQ:QRHC) Q4 2020 Earnings Conference Call March 11, 2021 5:00 PM ET Company Participants David Mossberg - IR Ray Hatch - President & CEO Laurie Latham - CFO & SVP Conference Call Participants Amit Dayal - H.C. Wainwright Greg Kitt - Pinnacle Family George Melas - MKH Management Operator Good day and welcome to the Quest Resource Holding Corporation's Fourth Quarter and Year End 2020 Earnings Conference Call. Today's conference is being recorded. At this time I'd like ...
Quest Resource (QRHC) - 2020 Q4 - Annual Report
2021-03-11 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION (I.R.S. Employer Identification No.) WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM to Commission file number 001-36451 Quest Resource Holding Corporation (Exact Name of Registrant as specified in its Charter) Nevada 51-0 ...
Quest Resource (QRHC) - 2020 Q3 - Earnings Call Transcript
2020-11-16 23:41
Financial Data and Key Metrics Changes - Third quarter revenue was $23.7 million, relatively flat compared to $23.9 million in the same quarter last year, primarily due to lower service levels from COVID-19 related shutdowns [11][12] - Gross profit was $4.6 million, a decrease of 4.5% year-over-year, but an increase of 4.2% sequentially from the second quarter of 2020 [11][12] - Adjusted EBITDA increased 15% for the third quarter to $989,000 compared to $860,000 during the same period last year [17] - Net loss attributable to common stockholders was $0.02 per share for the third quarter of 2020, compared to breakeven in the same quarter of 2019 [16] Business Line Data and Key Metrics Changes - SG&A expenses were $4.3 million during the third quarter, compared to $4.2 million during the same period last year, with a decrease of about 7% when excluding professional fees related to M&A activity [13][14] - Gross margin for the third quarter was 19.2%, a decline of 70 basis points compared to last year, but still above targeted levels [12] Market Data and Key Metrics Changes - The grocery market remained stable, with some modest growth year-over-year, while the automotive market saw improved demand for repair and maintenance services since April, although still down year-over-year [23][24] - The restaurant sector experienced the largest impact from the pandemic, with full-service restaurants significantly affected, while quick-service restaurants performed better in terms of volumes [26] Company Strategy and Development Direction - The company completed its first acquisition as part of a broader M&A strategy, acquiring Green Remedies, which is expected to provide significant growth potential in the multifamily housing market [10][19] - The company aims to leverage its national footprint and service capabilities to expand Green Remedies' success on a national level [29][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to manage through uncertainty and highlighted the importance of maintaining strong communication with customers [38][62] - The company is encouraged by the stability in end-markets and the movement in the sales pipeline, indicating a willingness from prospects to evaluate operational efficiency programs [31][70] Other Important Information - The company ended the quarter with $6.4 million in cash, up from $3.4 million at the beginning of the year, primarily due to an equity offering raising approximately $3 million [18] - The acquisition of Green Remedies is expected to be accretive on a free cash flow per share basis, with pro forma financial statements to be available within 75 days [20] Q&A Session Summary Question: What visibility do you have with clients regarding COVID-19? - Management noted constant communication with customers, emphasizing optimism despite uncertainty, and expressed confidence in handling future challenges as effectively as in the past [38][62] Question: Can you provide details on the pilot project with the automotive client? - The opportunity is significant, with the average deal size above seven figures, and the pilot is expected to start in Q1 [40][42] Question: Does the $2.5 million net income from Green Remedies include future growth? - The figure represents the trailing 12 months as it stands today, without factoring in future growth [49][50] Question: What initiatives are in place to drive growth with Green Remedies? - Growth initiatives include leveraging technology, expanding geographically, and upselling additional services to existing customers [55][57] Question: How is the company positioned to manage working capital amid potential lockdowns? - The company maintains a flexible cost structure and is well-positioned to weather uncertainties without relying on PPP [60][62]
Quest Resource (QRHC) - 2020 Q2 - Earnings Call Transcript
2020-08-14 01:59
Quest Resource Holding Corporation (NASDAQ:QRHC) Q2 2020 Earnings Conference Call August 13, 2020 5:00 PM ET Company Participants Dave Mossberg - Investor Relations Ray Hatch - President & Chief Executive Officer Laurie Latham - Chief Financial Officer & Senior Vice President Conference Call Participants Gerry Sweeney - Roth Capital Amit Dayal - H.C. Wainwright Greg Kitt - Pinnacle Family Office Investments George Melas - MKH Management Operator Good day and welcome to the Quest Resource Holding Corp. Secon ...
Quest Resource Holding (QRHC) Presents At East Coast IDEAS Investor Virtual Conference - Slideshow
2020-06-26 17:46
NASDAQ: QRHC JUNE 2020 • NATIONAL SERVICE INTEGRATOR OF WASTE & RECYCLING SOLUTIONS INVESTOR PRESENTATION INVESTOR PRESENTATION © 2020 Quest Resource Holding Corporation. Copying, publications or redistribution outside of Quest is strictly prohibited. mil HITTOTALOGULA · ) B QUEST RESOURCE HOLDING CORPORATION To Challenge, Manage & Inform™ 0% 日 FREE! SAVE $50 $100 MARKETING STRATEGT GROWTH Dokin © 2020 Quest Resource Holding Corporation. Copying, publications or redistribution outside of Quest is strictly p ...
Quest Resource (QRHC) - 2020 Q1 - Earnings Call Transcript
2020-05-15 14:39
Quest Resource Holding Corp (NASDAQ:QRHC) Q1 2020 Earnings Conference Call May 14, 2020 5:00 PM ET Company Participants David Mossberg - IR Ray Hatch - President, CEO & Director Laurie Latham - CFO, SVP & Secretary Conference Call Participants Amit Dayal - H.C. Wainwright & Co. Gerard Sweeney - Roth Capital Partners Sarkis Sherbetchyan - B. Riley Operator Greetings, and thank you for standing by. Welcome to the Quest Resource Holding Corp First Quarter 2020 Earnings Call. [Operator Instructions]. I would no ...
Quest Resource (QRHC) - 2019 Q4 - Earnings Call Transcript
2020-03-13 21:42
Quest Resource Holding Corporation (NASDAQ:QRHC) Q4 2019 Results Conference Call March 12, 2020 5:00 PM ET Company Participants Dave Mossberg - Investor Relations Ray Hatch - President and Chief Executive Officer Laurie Latham - Chief Financial Officer Conference Call Participants Gerry Sweeney - Roth Capital Max Batzer - Wynnefield Capital George Melas - MKH Management Operator Good day and welcome to the Quest Resource Holding Corporation Fourth Quarter and Year-End 2019 Earnings Call. Today's conference ...