Quarta Rad Financials
This page shows Quarta Rad (QURT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Quarta Rad has an operating margin of -193.7%, meaning the company retains $-194 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -2.5% the prior year.
Quarta Rad's revenue declined 79% year-over-year, from $508K to $107K. This contraction results in a growth score of 0/100.
Quarta Rad has elevated debt relative to equity (D/E of 2.27), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 27/100, reflecting increased financial risk.
Quarta Rad's current ratio of 0.35 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
While Quarta Rad generated -$75K in operating cash flow, capex of $0 consumed most of it, leaving -$75K in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Quarta Rad generates a -122.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 11.3% the prior year.
Quarta Rad passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Quarta Rad generates $0.35 in operating cash flow (-$75K OCF vs -$217K 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
Quarta Rad generated $107K in revenue in fiscal year 2024. This represents a decrease of 79.0% from the prior year.
Quarta Rad's EBITDA was -$206K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1622.1% from the prior year.
Quarta Rad generated -$75K in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 250.9% from the prior year.
Quarta Rad reported -$217K in net income in fiscal year 2024. This represents a decrease of 587.2% from the prior year.
Quarta Rad held $63K in cash against $0 in long-term debt as of fiscal year 2024.
Quarta Rad had 16M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Quarta Rad's gross margin was 37.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the prior year.
Quarta Rad's operating margin was -193.7% in fiscal year 2024, reflecting core business profitability. This is down 191.2 percentage points from the prior year.
Quarta Rad's net profit margin was -203.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 211.7 percentage points from the prior year.
Quarta Rad's ROE was -122.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 133.9 percentage points from the prior year.
Quarta Rad invested $0 in capex in fiscal year 2024, funding long-term assets and infrastructure.
QURT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $62K-7.2% | $67K+104.7% | $33K-11.1% | $37K+98.0% | $19K-35.6% | $29K+31.8% | $22K-84.9% | $146K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $29K-23.7% | $38K+2874.1% | -$1K-117.5% | $8K-18.2% | $10K-10.5% | $11K-9.9% | $12K-77.4% | $52K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $75K-17.4% | $91K+48.5% | $61K+243.5% | $18K-26.4% | $24K-55.0% | $54K+17.2% | $46K+759.5% | -$7K |
| Operating Income | -$66K+23.8% | -$87K+3.7% | -$90K-317.3% | -$22K+55.9% | -$49K+34.0% | -$74K-18.2% | -$63K-240.6% | $44K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $3K | N/A | N/A | N/A | N/A | N/A | N/A | $18K |
| Net Income | -$67K+7.6% | -$72K+6.9% | -$77K-28.7% | -$60K-2205.5% | -$3K+95.8% | -$62K+32.0% | -$92K-232.6% | $69K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | $-0.01 | N/A |
QURT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $377K+1.8% | $370K-35.7% | $575K-0.4% | $578K-7.0% | $622K+0.3% | $620K-2.6% | $636K-6.9% | $683K |
| Current Assets | $40K+10.8% | $36K-37.0% | $57K-59.5% | $140K-4.0% | $146K+2.4% | $142K+21.2% | $118K-51.7% | $243K |
| Cash & Equivalents | $33K+12.0% | $30K-40.6% | $50K-21.1% | $63K+25.3% | $50K-21.1% | $64K+27.3% | $50K-31.1% | $73K |
| Inventory | N/A | $600-41.2% | $1K-66.7% | $3K-35.3% | $5K-43.6% | $8K-64.4% | $24K-22.5% | $30K |
| Accounts Receivable | $6K+16.5% | $6K-6.5% | $6K-4.4% | $6K | N/A | $6K-24.4% | $7K+1.2% | $7K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $268K+7.1% | $250K-43.0% | $439K+9.4% | $401K+4.3% | $385K+1.1% | $380K+13.7% | $335K+15.5% | $290K |
| Current Liabilities | $268K+7.1% | $250K-43.0% | $439K+9.4% | $401K+4.3% | $385K+1.1% | $380K+13.7% | $335K+15.5% | $290K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $109K-9.1% | $120K-12.0% | $137K-22.8% | $177K-25.4% | $237K-1.1% | $240K-20.6% | $302K-23.3% | $394K |
| Retained Earnings | -$388K-20.8% | -$321K-29.0% | -$249K-45.1% | -$171K-54.0% | -$111K-2.4% | -$109K-134.5% | -$46K-202.3% | $45K |
QURT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4K+117.6% | -$20K-52.2% | -$13K-204.1% | $13K+123.8% | -$53K-350.8% | -$12K+47.4% | -$23K+69.9% | -$75K |
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $4K+117.6% | -$20K-52.2% | -$13K-204.1% | $13K+123.8% | -$53K-350.8% | -$12K+47.4% | -$23K+69.9% | -$75K |
| Investing Cash Flow | N/A | N/A | N/A | $0-100.0% | $40K | N/A | N/A | $1 |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 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 |
QURT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.1%-10.0pp | 56.0%+60.2pp | -4.1%-25.1pp | 21.0%-29.8pp | 50.8%+14.3pp | 36.6%-16.9pp | 53.5%+17.7pp | 35.8% |
| Operating Margin | -105.6%+23.0pp | -128.6%+144.8pp | -273.3%-215.2pp | -58.2%+202.9pp | -261.1%-6.5pp | -254.6%+29.2pp | -283.8%-314.4pp | 30.6% |
| Net Margin | -106.7%+0.4pp | -107.1%+128.3pp | -235.4%-72.9pp | -162.5%-148.6pp | -14.0%+200.7pp | -214.7%+201.2pp | -415.8%-463.3pp | 47.5% |
| Return on Equity | -61.1%-1.0pp | -60.0%-3.3pp | -56.7%-22.7pp | -34.0%-32.9pp | -1.1%+24.9pp | -26.0%+4.3pp | -30.4%-47.9pp | 17.6% |
| Return on Assets | -17.7%+1.8pp | -19.5%-6.0pp | -13.5%-3.0pp | -10.4%-10.0pp | -0.4%+9.6pp | -10.1%+4.3pp | -14.4%-24.5pp | 10.1% |
| Current Ratio | 0.150.0 | 0.14+0.0 | 0.13-0.2 | 0.35-0.0 | 0.380.0 | 0.37+0.0 | 0.35-0.5 | 0.84 |
| Debt-to-Equity | 2.45+0.4 | 2.08-1.1 | 3.21+0.9 | 2.27+0.6 | 1.62+0.0 | 1.59+0.5 | 1.11+0.4 | 0.74 |
| FCF Margin | 5.7%+35.7pp | -30.0%+10.3pp | -40.3%-74.8pp | 34.4%+320.3pp | -285.9%-245.1pp | -40.8%+61.5pp | -102.3%-50.9pp | -51.5% |
Note: The current ratio is below 1.0 (0.35), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Quarta Rad's annual revenue?
Quarta Rad (QURT) reported $107K in total revenue for fiscal year 2024. This represents a -79.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Quarta Rad's revenue growing?
Quarta Rad (QURT) revenue declined by 79% year-over-year, from $508K to $107K in fiscal year 2024.
Is Quarta Rad profitable?
No, Quarta Rad (QURT) reported a net income of -$217K in fiscal year 2024, with a net profit margin of -203.0%.
What is Quarta Rad's earnings per share (EPS)?
Quarta Rad (QURT) reported diluted earnings per share of $-0.01 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Quarta Rad's EBITDA?
Quarta Rad (QURT) had EBITDA of -$206K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Quarta Rad's gross margin?
Quarta Rad (QURT) had a gross margin of 37.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Quarta Rad's operating margin?
Quarta Rad (QURT) had an operating margin of -193.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Quarta Rad's net profit margin?
Quarta Rad (QURT) had a net profit margin of -203.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Quarta Rad's return on equity (ROE)?
Quarta Rad (QURT) has a return on equity of -122.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Quarta Rad's free cash flow?
Quarta Rad (QURT) generated -$75K in free cash flow during fiscal year 2024. This represents a -250.9% 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 Quarta Rad's operating cash flow?
Quarta Rad (QURT) generated -$75K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Quarta Rad's total assets?
Quarta Rad (QURT) had $578K in total assets as of fiscal year 2024, including both current and long-term assets.
What are Quarta Rad's capital expenditures?
Quarta Rad (QURT) invested $0 in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Quarta Rad have outstanding?
Quarta Rad (QURT) had 16M shares outstanding as of fiscal year 2024.
What is Quarta Rad's current ratio?
Quarta Rad (QURT) had a current ratio of 0.35 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Quarta Rad's debt-to-equity ratio?
Quarta Rad (QURT) had a debt-to-equity ratio of 2.27 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Quarta Rad's return on assets (ROA)?
Quarta Rad (QURT) had a return on assets of -37.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Quarta Rad's cash runway?
Based on fiscal year 2024 data, Quarta Rad (QURT) had $63K in cash against an annual operating cash burn of $75K. This gives an estimated cash runway of approximately 10 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 Quarta Rad's Piotroski F-Score?
Quarta Rad (QURT) has a Piotroski F-Score of 3 out of 9, indicating weak 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 Quarta Rad's earnings high quality?
Quarta Rad (QURT) has an earnings quality ratio of 0.35x, 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.
How financially healthy is Quarta Rad?
Quarta Rad (QURT) scores 5 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.