Core Viewpoint - Questor Technology Inc. reported its financial and operational results for Q3 2025, highlighting challenges in revenue generation due to extended sales cycles and project delays, while also emphasizing growth in international equipment sales and ongoing strategic initiatives to reduce methane emissions [1][5][10]. Financial Performance - Revenue for Q3 2025 was CAD 683,085, a decrease from CAD 1,142,710 in Q3 2024. For the nine months ended September 30, 2025, revenue increased to CAD 6,065,425 from CAD 2,744,688 in the same period of 2024 [3][5]. - Gross profit for Q3 2025 was a loss of CAD 161,865, compared to a profit of CAD 383,574 in Q3 2024. For the nine months, gross profit was CAD 2,607,865, up from CAD 638,005 in the prior year [3][6]. - Adjusted EBITDA for Q3 2025 was negative CAD 983,245, worsening from negative CAD 256,475 in Q3 2024. However, for the nine months, it improved to positive CAD 363,782 from negative CAD 1,455,698 [3][7]. - The loss for the period in Q3 2025 was CAD 1,258,795, compared to CAD 589,599 in Q3 2024. For the nine months, the loss was CAD 545,469, an improvement from CAD 2,192,604 in the previous year [3]. Operational Highlights - The construction of a 1500kW waste heat to power prototype is nearing completion, with commissioning scheduled for Q1 2026 and field deployment expected in Q2 2026 [8]. - Questor secured a CAD 9 million contract to supply clean combustion solutions in Mexico, aimed at reducing flaring and methane emissions, although initial utilization has not met expectations [9][12]. - The company is focusing on expanding its international presence and increasing recurring rental revenue, with ongoing efforts in regions like Mexico, Iraq, Libya, and Nigeria [10][13]. Market Context - The demand for methane-reduction technologies is increasing due to tightening regulations and industry pressure for verifiable emissions reductions, particularly highlighted during COP30 [10][14]. - Questor's clean-combustion system achieves over 99.99% combustion efficiency, supporting clients in meeting emission regulations and improving air quality [11][18]. - The company is targeting new markets for its technologies, including landfill biogas and geothermal, while also enhancing data monitoring to align with global methane frameworks [19][20].