Questor Announces Second Quarter Results

Financial Performance - Questor Technology Inc. reported significant revenue growth in Q2 2025, with revenue reaching CAD 3,023,053 compared to CAD 870,360 in Q2 2024, representing a 247% increase [3] - Gross profit for the same period was CAD 1,589,838, up from CAD 42,156 in Q2 2024, resulting in a gross profit margin of 53% compared to 5% in the previous year [3][5] - Adjusted EBITDA improved to CAD 871,374 in Q2 2025 from a loss of CAD 721,640 in Q2 2024, indicating a positive shift in operational performance [3][6] - The company reported a profit of CAD 363,147 for the quarter, a turnaround from a loss of CAD 966,246 in Q2 2024 [3] Strategic Focus - The increase in revenue was primarily driven by growth in international equipment sales, aligning with the company's strategy to diversify revenue streams globally [4] - Questor is advancing its waste heat to power prototype, with commissioning expected to begin in Q3 2025 and field deployment anticipated in Q4 2025 [7] - The company is strategically positioned to capitalize on the evolving global regulatory landscape for emissions, which is driving interest in its technology solutions [10][16] Environmental Impact - Questor's technology aims to address significant environmental challenges associated with flaring and venting, which contribute to air pollution and climate change [11][12] - The company's ISO 14034-certified thermal oxidizer achieves 99.99% combustion efficiency, helping clients comply with emissions standards and reduce harmful pollutants [12] - Questor's solutions are designed to support major oil and gas producers in meeting their commitments to reduce emissions while achieving net-zero goals [13] Global Partnerships - Questor has established partnerships with key industry players in various regions, including Iraq, Nigeria, and Latin America, to enhance its market reach and support client engagements [15] - The company is focused on jurisdictions that prioritize environmental and social impacts in energy production, with plans to commission high-profile projects in the Middle East and North Africa [14] Future Outlook - Questor anticipates continued growth as global incentives for methane and VOC reduction increase, positioning itself as a partner for clients aiming to improve environmental performance [16] - The company is prepared to navigate potential political and economic uncertainties, supported by strategically positioned inventory and established supply chains across North America [16]