Petroteq Egy Financials
This page shows Petroteq Egy (PQEFF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Petroteq Egy passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass.
For every $1 of reported earnings, Petroteq Egy generates $0.49 in operating cash flow (-$4.6M OCF vs -$9.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Petroteq Egy reported -$9.5M in net income in fiscal year 2021. This represents an increase of 23.5% from the prior year.
Cash & Balance Sheet
Petroteq Egy generated -$7.0M in free cash flow in fiscal year 2021, representing cash available after capex. This represents a decrease of 7.6% from the prior year.
Petroteq Egy held $1.0M in cash against $0 in long-term debt as of fiscal year 2021.
Margins & Returns
Petroteq Egy's ROE was -14.3% in fiscal year 2021, measuring profit generated per dollar of shareholder equity. This is up 8.5 percentage points from the prior year.
Capital Allocation
Petroteq Egy invested $2.4M in capex in fiscal year 2021, funding long-term assets and infrastructure. This represents an increase of 16.2% from the prior year.
PQEFF Income Statement
| Metric | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | $126K+83.6% | $69K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | -$285K | N/A | -$14K+25.9% | -$19K-101.2% | $1.7M | N/A | -$148K+80.9% | -$771K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.4M | N/A | $1.4M+101.0% | $706K-32.4% | $1.0M | N/A | $895K-42.1% | $1.5M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | -$996K-128.4% | $3.5M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $25K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
| Net Income | -$2.5M | N/A | -$4.9M-377.4% | -$1.0M-152.0% | -$411K | N/A | -$1.1M+65.3% | -$3.2M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PQEFF Balance Sheet
| Metric | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $79.8M-1.5% | $81.0M+2.4% | $79.1M+0.4% | $78.8M+0.8% | $78.1M+6.1% | $73.6M-1.8% | $75.0M-0.2% | $75.1M |
| Current Assets | $3.0M-29.0% | $4.2M+46.7% | $2.9M+8.1% | $2.6M+2.9% | $2.6M+15.2% | $2.2M-21.5% | $2.8M+0.3% | $2.8M |
| Cash & Equivalents | $69K-93.2% | $1.0M+229.7% | $307K+89.6% | $162K+64.5% | $99K+57.9% | $62K+59.6% | $39K+82.7% | $21K |
| Inventory | $17K0.0% | $17K0.0% | $17K-31.4% | $25K+66.1% | $15K0.0% | $15K-89.6% | $142K0.0% | $142K |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | $13K-23.8% | $17K0.0% | $17K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $10.7M-28.3% | $14.9M-25.7% | $20.0M+10.0% | $18.2M-0.2% | $18.3M-6.4% | $19.5M+1.8% | $19.2M+2.9% | $18.6M |
| Current Liabilities | $6.0M-43.0% | $10.5M-34.0% | $15.9M+17.1% | $13.5M-2.3% | $13.9M-8.8% | $15.2M-2.1% | $15.5M+4.0% | $14.9M |
| Long-Term Debt | N/A | N/A | $200K-65.9% | $587K+1.8% | $576K-15.7% | $684K-43.8% | $1.2M+837.3% | $130K |
| Total Equity | $69.1M+4.5% | $66.2M+12.0% | $59.1M-2.5% | $60.6M+1.2% | $59.9M+10.6% | $54.1M-3.0% | $55.8M-1.2% | $56.5M |
| Retained Earnings | -$102.7M-2.5% | -$100.1M-3.2% | -$97.0M-5.4% | -$92.1M-1.1% | -$91.1M-0.5% | -$90.7M-5.7% | -$85.8M-1.3% | -$84.7M |
PQEFF Cash Flow Statement
| Metric | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.8M+53.9% | -$3.9M-604.0% | -$551K-12.6% | -$490K-263.5% | $299K | N/A | -$526K+63.7% | -$1.4M |
| Capital Expenditures | N/A | $619K+431.1% | $116K | $0-100.0% | $1.7M | N/A | $35K-84.2% | $223K |
| Free Cash Flow | N/A | -$4.5M-573.9% | -$668K-36.4% | -$490K+64.4% | -$1.4M | N/A | -$561K+66.5% | -$1.7M |
| Investing Cash Flow | $450K+172.7% | -$619K-431.1% | -$116K | $0+100.0% | -$1.7M | N/A | $26K-94.8% | $496K |
| Financing Cash Flow | $396K-92.4% | $5.2M+540.3% | $813K+47.0% | $553K-60.8% | $1.4M | N/A | $518K-45.1% | $942K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PQEFF Financial Ratios
| Metric | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | -117.4%+1008.6pp | -1126.0% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | -792.1%-5905.1pp | 5113.1% |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | -885.7%+3803.0pp | -4688.8% |
| Return on Equity | -3.7% | N/A | -8.4%-6.6pp | -1.7%-1.0pp | -0.7% | N/A | -2.0%+3.7pp | -5.7% |
| Return on Assets | -3.2% | N/A | -6.2%-4.9pp | -1.3%-0.8pp | -0.5% | N/A | -1.5%+2.8pp | -4.3% |
| Current Ratio | 0.50+0.1 | 0.40+0.2 | 0.18-0.0 | 0.200.0 | 0.19+0.0 | 0.15-0.0 | 0.180.0 | 0.19 |
| Debt-to-Equity | 0.15-0.1 | 0.23+0.2 | 0.000.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.02+0.0 | 0.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | -445.9%+1995.2pp | -2441.1% |
Note: The current ratio is below 1.0 (0.40), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
Is Petroteq Egy profitable?
No, Petroteq Egy (PQEFF) reported a net income of -$9.5M in fiscal year 2021.
What is Petroteq Egy's return on equity (ROE)?
Petroteq Egy (PQEFF) has a return on equity of -14.3% for fiscal year 2021, measuring how efficiently the company generates profit from shareholder equity.
What is Petroteq Egy's free cash flow?
Petroteq Egy (PQEFF) generated -$7.0M in free cash flow during fiscal year 2021. This represents a -7.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Petroteq Egy's operating cash flow?
Petroteq Egy (PQEFF) generated -$4.6M in operating cash flow during fiscal year 2021, representing cash generated from core business activities.
What are Petroteq Egy's total assets?
Petroteq Egy (PQEFF) had $81.0M in total assets as of fiscal year 2021, including both current and long-term assets.
What are Petroteq Egy's capital expenditures?
Petroteq Egy (PQEFF) invested $2.4M in capital expenditures during fiscal year 2021, funding long-term assets and infrastructure.
What is Petroteq Egy's current ratio?
Petroteq Egy (PQEFF) had a current ratio of 0.40 as of fiscal year 2021, which is below 1.0, which may suggest potential liquidity concerns.
What is Petroteq Egy's debt-to-equity ratio?
Petroteq Egy (PQEFF) had a debt-to-equity ratio of 0.23 as of fiscal year 2021, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Petroteq Egy's return on assets (ROA)?
Petroteq Egy (PQEFF) had a return on assets of -11.7% for fiscal year 2021, measuring how efficiently the company uses its assets to generate profit.
What is Petroteq Egy's cash runway?
Based on fiscal year 2021 data, Petroteq Egy (PQEFF) had $1.0M in cash against an annual operating cash burn of $4.6M. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Petroteq Egy's Piotroski F-Score?
Petroteq Egy (PQEFF) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Petroteq Egy's earnings high quality?
Petroteq Egy (PQEFF) has an earnings quality ratio of 0.49x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.