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 11 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).
Stable gross margins are being overwhelmed by a cost base far larger than the company’s shrinking revenue stream.
Leverage looks worse because equity shrank: the debt-to-equity ratio rose from 0.7x to 2.3x. Yet total liabilities ended near$290K in both periods, so cumulative losses are tightening the balance sheet through net-worth erosion rather than a new borrowing wave.
Gross margin stability at
Cash flow and earnings diverged in FY2025, as operating cash flow stayed positive at
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Quarta Rad's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Quarta Rad has an operating margin of -119.0%, meaning the company retains $-119 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 up from -193.7% the prior year.
Quarta Rad's revenue surged 129.4% year-over-year to $245K, reflecting rapid business expansion. This strong growth earns a score of 0/100.
Quarta Rad has a moderate D/E ratio of 2.34. This balance of debt and equity financing earns a leverage score of 54/100.
Quarta Rad's current ratio of 0.25 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Quarta Rad generates a -207.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -122.6% the prior year.
Quarta Rad passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Quarta Rad generates $-0.04 in operating cash flow ($10K OCF vs -$257K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Quarta Rad generated $245K in revenue in fiscal year 2025. This represents an increase of 129.4% from the prior year.
Quarta Rad's EBITDA was -$291K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 41.0% from the prior year.
Quarta Rad reported -$257K in net income in fiscal year 2025. This represents a decrease of 18.5% from the prior year.
Quarta Rad earned $-0.02 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Cash & Balance Sheet
Quarta Rad held $73K in cash against $0 in long-term debt as of fiscal year 2025.
Quarta Rad had 16M shares outstanding in fiscal year 2025. This represents an increase of 1.4% from the prior year.
Margins & Returns
Quarta Rad's gross margin was 41.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 4.3 percentage points from the prior year.
Quarta Rad's operating margin was -119.0% in fiscal year 2025, reflecting core business profitability. This is up 74.7 percentage points from the prior year.
Quarta Rad's net profit margin was -104.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 98.1 percentage points from the prior year.
Quarta Rad's ROE was -207.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 84.7 percentage points from the prior year.
Capital Allocation
QURT Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26K-68.6% | $82K+31.7% | $62K-7.2% | $67K+104.7% | $33K-11.1% | $37K+98.0% | $19K-35.6% | $29K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $6K-83.0% | $36K+26.8% | $29K-23.7% | $38K+2874.1% | -$1K-117.5% | $8K-18.2% | $10K-10.5% | $11K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $76K-0.3% | $76K+1.1% | $75K-17.4% | $91K+48.5% | $61K+243.5% | $18K-26.4% | $24K-55.0% | $54K |
| Operating Income | -$95K-93.9% | -$49K+25.8% | -$66K+23.8% | -$87K+3.7% | -$90K-317.3% | -$22K+55.9% | -$49K+34.0% | -$74K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | $3K | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$104K-155.4% | -$41K+38.8% | -$67K+7.6% | -$72K+6.9% | -$77K-28.7% | -$60K-2205.5% | -$3K+95.8% | -$62K |
| EPS (Diluted) | $-0.01 | N/A | N/A | N/A | $0.00 | N/A | N/A | N/A |
QURT Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $367K-11.3% | $414K+9.7% | $377K+1.8% | $370K-35.7% | $575K-0.4% | $578K-7.0% | $622K+0.3% | $620K |
| Current Assets | $35K-52.6% | $73K+84.1% | $40K+10.8% | $36K-37.0% | $57K-59.5% | $140K-4.0% | $146K+2.4% | $142K |
| Cash & Equivalents | $15K-80.0% | $73K+120.2% | $33K+12.0% | $30K-40.6% | $50K-21.1% | $63K+25.3% | $50K-21.1% | $64K |
| Inventory | N/A | N/A | N/A | $600-41.2% | $1K-66.7% | $3K-35.3% | $5K-43.6% | $8K |
| Accounts Receivable | $20K | N/A | $6K+16.5% | $6K-6.5% | $6K-4.4% | $6K | N/A | $6K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $328K+13.4% | $290K+8.1% | $268K+7.1% | $250K-43.0% | $439K+9.4% | $401K+4.3% | $385K+1.1% | $380K |
| Current Liabilities | $328K+13.4% | $290K+8.1% | $268K+7.1% | $250K-43.0% | $439K+9.4% | $401K+4.3% | $385K+1.1% | $380K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $38K-69.1% | $124K+13.6% | $109K-9.1% | $120K-12.0% | $137K-22.8% | $177K-25.4% | $237K-1.1% | $240K |
| Retained Earnings | -$533K-24.3% | -$428K-10.5% | -$388K-20.8% | -$321K-29.0% | -$249K-45.1% | -$171K-54.0% | -$111K-2.4% | -$109K |
QURT Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$58K-246.6% | $40K+1022.7% | $4K+117.6% | -$20K-52.2% | -$13K-204.1% | $13K+123.8% | -$53K-350.8% | -$12K |
| Capital Expenditures | N/A | N/A | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | N/A | N/A | $4K+117.6% | -$20K-52.2% | -$13K-204.1% | $13K+123.8% | -$53K-350.8% | -$12K |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $40K | N/A |
| 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 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.0%-20.3pp | 44.4%-1.7pp | 46.1%-10.0pp | 56.0%+60.2pp | -4.1%-25.1pp | 21.0%-29.8pp | 50.8%+14.3pp | 36.6% |
| Operating Margin | -367.1%-307.6pp | -59.5%+46.1pp | -105.6%+23.0pp | -128.6%+144.8pp | -273.3%-215.2pp | -58.2%+202.9pp | -261.1%-6.5pp | -254.6% |
| Net Margin | -402.9%-353.4pp | -49.6%+57.1pp | -106.7%+0.4pp | -107.1%+128.3pp | -235.4%-72.9pp | -162.5%-148.6pp | -14.0%+200.7pp | -214.7% |
| Return on Equity | -271.6%-238.7pp | -32.9%+28.2pp | -61.1%-1.1pp | -60.0%-3.3pp | -56.7%-22.7pp | -34.0%-32.9pp | -1.1%+24.9pp | -26.0% |
| Return on Assets | -28.4%-18.5pp | -9.9%+7.8pp | -17.7%+1.8pp | -19.5%-6.0pp | -13.5%-3.0pp | -10.4%-10.0pp | -0.4%+9.6pp | -10.1% |
| Current Ratio | 0.11-0.1 | 0.25+0.1 | 0.150.0 | 0.14+0.0 | 0.13-0.2 | 0.35-0.0 | 0.380.0 | 0.37 |
| Debt-to-Equity | 8.56+6.2 | 2.34-0.1 | 2.45+0.4 | 2.08-1.1 | 3.21+0.9 | 2.27+0.6 | 1.62+0.0 | 1.59 |
| FCF Margin | N/A | N/A | 5.7%+35.7pp | -30.0%+10.3pp | -40.3%-74.8pp | 34.4%+320.3pp | -285.9%-245.1pp | -40.8% |
Note: The current ratio is below 1.0 (0.25), 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 $245K in total revenue for fiscal year 2025. This represents a 129.4% 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 grew by 129.4% year-over-year, from $107K to $245K in fiscal year 2025.
Is Quarta Rad profitable?
No, Quarta Rad (QURT) reported a net income of -$257K in fiscal year 2025, with a net profit margin of -104.9%.
What is Quarta Rad's EBITDA?
Quarta Rad (QURT) had EBITDA of -$291K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Quarta Rad's gross margin?
Quarta Rad (QURT) had a gross margin of 41.5% in fiscal year 2025, 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 -119.0% in fiscal year 2025, 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 -104.9% in fiscal year 2025, 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 -207.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Quarta Rad's operating cash flow?
Quarta Rad (QURT) generated $10K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Quarta Rad's total assets?
Quarta Rad (QURT) had $414K in total assets as of fiscal year 2025, including both current and long-term assets.
What is Quarta Rad's current ratio?
Quarta Rad (QURT) had a current ratio of 0.25 as of fiscal year 2025, 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 2.34 as of fiscal year 2025, 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 -62.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Quarta Rad's Piotroski F-Score?
Quarta Rad (QURT) 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 to 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 -0.04x, considered mixed quality. 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 9 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.