Quest Resource Holding Corp (FRA:5ZK)
€ 1.24 (0%) Market Cap: 26.06 Mil Enterprise Value: 78.53 Mil PE Ratio: 0 PB Ratio: 1.13 GF Score: 53/100

Q1 2025 Quest Resource Holding Corp Earnings Call Transcript

May 12, 2025 / 09:00 PM GMT
Release Date Price: €2.22 (+4.72%)

Key Points

Positve
  • Quest Resource Holding Corp (QRHC) completed the sale of a non-core part of its business, generating $5 million in cash and reducing debt.
  • The company has implemented cost reduction actions, reducing SG&A costs by $3 million on an annualized basis.
  • New leadership appointments, including a new CEO and Senior Vice President of Operations, aim to strengthen the management team.
  • QRHC is focused on generating cash, improving profitability, lowering debt, and increasing operating efficiency.
  • The company has a robust sales pipeline and is actively working on expanding its client base and increasing its share of wallet with existing customers.
Negative
  • Revenue for the first quarter decreased by 6% year-over-year, primarily due to client attrition and lower volumes at larger clients.
  • Gross profit dollars decreased by 22% from the previous year, affected by customer attrition, lower volumes, and a shift in revenue mix.
  • SG&A costs increased by $1.6 million compared to the previous year, partly due to separation costs and bonus accruals.
  • The company experienced a $4.4 million loss related to the sale of a non-core business and a $1.7 million adjustment to intangible assets.
  • Days Sales Outstanding (DSO) remain elevated, impacting cash flow, although improvements are expected by the end of the second quarter.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

QRHC.OQ - Quest Resource Holding Corp
Q1 2025 Quest Resource Holding Corp Earnings Call
May 12, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good day everyone, and welcome to the Quest Resource Holding Corporation, first quarter 2025 earnings call.

At this time, all participants have been placed on a listen-only mode, and we will open the floor for your questions and comments after the presentation.

It is now my pleasure to turn the floor over to your host David Mossberg, investor relations representative. Sir, the floor is yours.

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Unidentified_2 [2]
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Thank you, Matthew, and thank you everyone for joining us on the call. Before we begin, I'd like to remind
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