Income Statement Quest for Growth NV

Stocks

QFG

BE0003730448

Investment Management & Fund Operators

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04-24	Quest for Growth NV Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
01-29	Quest for Growth NV Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: QUEST FOR GROWTH NV

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Gain (Loss) on Sale of Investment, Total (Rev)	34.04M	-24.48M	-3.71M	-6.05M	-2.26M
Interest And Invest. Income (Rev)	1.55M	1.98M	1.9M	2.3M	2.19M
Other Revenues, Total	-	-	-	-	-
Total Revenues	35.59M	-22.5M	-1.81M	-3.75M	-76.16K
Gross Profit	35.59M	-22.5M	-1.81M	-3.75M	-76.16K
Selling General & Admin Expenses, Total	1.59M	1.62M	1.66M	1.82M	1.87M
Other Operating Expenses	400K	338K	-321K	289K	66.21K
Other Operating Expenses, Total	1.99M	1.96M	1.34M	2.11M	1.93M
Operating Income	33.6M	-24.45M	-3.15M	-5.86M	-2.01M
Interest Expense, Total	-19.92K	-9.67K	-1.5K	-1.76K	-2.27K
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-19.92K	-9.67K	-1.5K	-1.76K	-2.27K
Currency Exchange Gains (Loss)	-139K	12.75K	3.07K	-3.76K	932
Other Non Operating Income (Expenses)	-49.6K	-45.69K	-37.14K	-28.92K	-46.62K
EBT, Excl. Unusual Items	33.39M	-24.5M	-3.18M	-5.89M	-2.06M
EBT, Incl. Unusual Items	33.39M	-24.5M	-3.18M	-5.89M	-2.06M
Income Tax Expense	253K	334K	344K	447K	361K
Earnings From Continuing Operations	33.14M	-24.83M	-3.52M	-6.34M	-2.42M
Net Income to Company	33.14M	-24.83M	-3.52M	-6.34M	-2.42M
Net Income - (IS)	33.14M	-24.83M	-3.52M	-6.34M	-2.42M
Net Income to Common Incl Extra Items	33.14M	-24.83M	-3.52M	-6.34M	-2.42M
Net Income to Common Excl. Extra Items	33.14M	-24.83M	-3.52M	-6.34M	-2.42M
Per Share Items
Net EPS - Basic	1.98	-1.4	-0.19	-0.34	-0.13
Basic EPS - Continuing Operations	1.98	-1.4	-0.19	-0.34	-0.13
Basic Weighted Average Shares Outstanding	16.77M	17.77M	18.6M	18.73M	18.73M
Net EPS - Diluted	1.98	-1.4	-0.19	-0.34	-0.13
Diluted EPS - Continuing Operations	1.98	-1.4	-0.19	-0.34	-0.13
Diluted Weighted Average Shares Outstanding	16.77M	17.77M	18.6M	18.73M	18.73M
Normalized Basic EPS	1.24	-0.86	-0.11	-0.2	-0.07
Normalized Diluted EPS	1.24	-0.86	-0.11	-0.2	-0.07
Dividend Per Share	1.02	-	-	-	-
Payout Ratio	0.01	-75.36	-	-	-
Supplemental Items
EBITA	33.6M	-24.45M	-3.15M	-5.86M	-2.01M
EBIT	33.6M	-24.45M	-3.15M	-5.86M	-2.01M
Total Revenues (As Reported)	35.46M	-22.39M	-942K	-3.91M	-17.12K
Effective Tax Rate - (Ratio)	0.76	-1.36	-10.8	-7.59	-17.52
Normalized Net Income	20.87M	-15.31M	-1.99M	-3.68M	-1.29M
Supplemental Operating Expense Items
General and Administrative Expenses	1.59M	1.62M	1.66M	1.82M	1.87M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	9.31M	6.18M	6.8M	3.38M	12.83M
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	169M	137M	133M	130M	118M
Total Cash And Short Term Investments	178M	143M	140M	134M	131M
Accounts Receivable, Total	450K	563K	385K	484K	640K
Other Receivables	-	-	1.36K	-	-
Total Receivables	450K	563K	386K	484K	640K
Other Current Assets, Total	918K	1.06M	481K	246K	148K
Total Current Assets	180M	144M	141M	134M	132M
Long-term Investments	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	1	1	-1	1	-1
Total Assets	180M	144M	141M	134M	132M
Liabilities
Accounts Payable, Total	-	-	-	-	-
Current Income Taxes Payable	3	219	-	-	-
Other Current Liabilities	-	-	-	-	-
Total Current Liabilities	3	219	-	-	-
Other Non Current Liabilities	40.11K	40.12K	40.12K	52.18K	18.79M
Total Liabilities	40.12K	40.34K	40.12K	52.18K	18.79M
Common Stock, Total	139M	147M	147M	147M	128M
Retained Earnings	41.07M	-2.91M	-3.52M	-6.34M	-2.42M
Comprehensive Income and Other	-1	106K	-2.8M	-6.33M	-12.67M
Total Common Equity	180M	144M	141M	134M	113M
Total Equity	180M	144M	141M	134M	113M
Total Liabilities And Equity	180M	144M	141M	134M	132M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	16.77M	18.2M	18.73M	18.73M	18.73M
ECS Total Common Shares Outstanding	16.77M	18.2M	18.73M	18.73M	18.73M
Book Value / Share	10.71	7.93	7.51	7.17	6.05
Tangible Book Value	180M	144M	141M	134M	113M
Tangible Book Value Per Share	10.71	7.93	7.51	7.17	6.05
Total Debt	0	0	0	0	0
Net Debt	-178M	-143M	-140M	-134M	-131M
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	33.14M	-24.83M	-3.52M	-6.34M	-2.42M
Other Operating Activities, Total	-24.73M	32.33M	4.16M	2.92M	11.87M
Cash from Operations	8.41M	7.5M	631K	-3.42M	9.45M
Issuance of Common Stock	-	8.44M	-	-	-
Repurchase of Common Stock	-6.71M	-	-	-	-
Common Dividends Paid	-1.71K	-16.77M	-	-	-
Preferred Dividends Paid	-	-1.94M	-	-	-
Common & Preferred Stock Dividends Paid	-1.71K	-18.71M	-	-	-
Other Financing Activities, Total	-	-335K	-	-	-
Cash from Financing	-6.71M	-10.6M	-	-	-
Foreign Exchange Rate Adjustments	33.97K	-35.08K	-7.71K	-930	-2.81K
Miscellaneous Cash Flow Adjustments	-	1	-	-	-
Net Change in Cash	1.73M	-3.14M	623K	-3.42M	9.45M
Supplemental Items
Cash Interest Paid	14.34K	32.58K	190	92	-
Cash Income Tax Paid (Refund)	11	3	27.79K	32.15K	33.91K
Levered Free Cash Flow	20.15M	-15.54M	-	-	-
Unlevered Free Cash Flow	20.16M	-15.54M	-	-	-
Change In Net Working Capital	840K	253K	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	12.61	-9.43	-1.38	-2.66	-0.94
Return on Total Capital	12.61	-9.43	-1.38	-2.66	-1.01
Return On Equity %	19.91	-15.33	-2.47	-4.61	-1.95
Return on Common Equity	19.91	-15.33	-2.47	-4.61	-1.95
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	4.46	-7.19	-91.98	-48.47	-2.45K
EBITA Margin %	94.42	108.7	174.2	156.17	2.64K
EBIT Margin %	94.42	108.7	174.2	156.17	2.64K
Income From Continuing Operations Margin %	93.12	110.37	195.21	169.02	3.17K
Net Income Margin %	93.12	110.37	195.21	169.02	3.17K
Net Avail. For Common Margin %	93.12	110.37	195.21	169.02	3.17K
Normalized Net Income Margin	58.64	68.05	110.11	98.18	1.69K
Levered Free Cash Flow Margin	56.62	69.09	-	-	-
Unlevered Free Cash Flow Margin	56.65	69.06	-	-	-
Asset Turnover
Asset Turnover	0.21	-0.14	-0.01	-0.03	-0
Short Term Liquidity
Current Ratio	59.91M	659K	-	-	-
Quick Ratio	59.61M	654K	-	-	-
Operating Cash Flow to Current Liabilities	2.8M	34.25K	-	-	-
Long Term Solvency
Total Liabilities / Total Assets	0.02	0.03	0.03	0.04	14.23
EBIT / Interest Expense	1.69K	-2.53K	-2.1K	-3.32K	-885.33
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	85.27	-163.21	-91.97	107.72	-97.97
Gross Profit, 1 Yr. Growth %	85.27	-163.21	-91.97	107.72	-97.97
EBITA, 1 Yr. Growth %	94.21	-172.77	-87.14	86.22	-65.69
EBIT, 1 Yr. Growth %	94.21	-172.77	-87.14	86.22	-65.69
Earnings From Cont. Operations, 1 Yr. Growth %	93.98	-174.92	-85.81	79.85	-61.85
Net Income, 1 Yr. Growth %	93.98	-174.92	-85.81	79.85	-61.85
Normalized Net Income, 1 Yr. Growth %	93.62	-173.35	-87.02	85.22	-65.07
Diluted EPS Before Extra, 1 Yr. Growth %	93.98	-170.74	-86.45	78.95	-61.85
Accounts Receivable, 1 Yr. Growth %	37.1	25.05	-31.62	25.24	32.16
Total Assets, 1 Yr. Growth %	17.24	-19.71	-2.44	-4.49	-1.8
Tangible Book Value, 1 Yr. Growth %	17.24	-19.72	-2.44	-4.5	-15.74
Common Equity, 1 Yr. Growth %	17.24	-19.72	-2.44	-4.5	-15.74
Cash From Operations, 1 Yr. Growth %	-784.28	-10.79	-91.59	-641.73	-376.56
Levered Free Cash Flow, 1 Yr. Growth %	84.95	-177.14	-	-	-
Unlevered Free Cash Flow, 1 Yr. Growth %	84.97	-177.06	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	36.71	8.22	-77.48	-59.17	-79.46
Gross Profit, 2 Yr. CAGR %	36.71	8.22	-77.48	-59.17	-79.46
EBITA, 2 Yr. CAGR %	40.23	18.88	-69.41	-51.06	-20.06
EBIT, 2 Yr. CAGR %	40.23	18.88	-69.41	-51.06	-20.06
Earnings From Cont. Operations, 2 Yr. CAGR %	40.7	20.55	-67.39	-49.47	-17.16
Net Income, 2 Yr. CAGR %	40.7	20.55	-67.39	-49.47	-17.16
Normalized Net Income, 2 Yr. CAGR %	40	19.17	-69.14	-50.96	-19.57
Diluted EPS Before Extra, 2 Yr. CAGR %	40.7	17.14	-69.03	-50.72	-17.45
Accounts Receivable, 2 Yr. CAGR %	-13.87	4.02	-46.81	-45.24	28.65
Total Assets, 2 Yr. CAGR %	14.87	-2.98	-11.5	-3.47	-3.16
Tangible Book Value, 2 Yr. CAGR %	14.87	-2.98	-11.5	-3.48	-10.3
Common Equity, 2 Yr. CAGR %	14.87	-2.98	-11.5	-3.48	-10.3
Cash From Operations, 2 Yr. CAGR %	121.92	147.07	-72.61	-32.51	287.06
Levered Free Cash Flow, 2 Yr. CAGR %	34.95	19.44	-	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	34.96	19.39	-	-	-
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	13.49	5.71	-54.53	-52.77	-84.99
Gross Profit, 3 Yr. CAGR %	13.49	5.71	-54.53	-52.77	-84.99
EBITA, 3 Yr. CAGR %	8.25	12.69	-43.35	-44.14	-56.52
EBIT, 3 Yr. CAGR %	8.25	12.69	-43.35	-44.14	-56.52
Earnings From Cont. Operations, 3 Yr. CAGR %	7.17	14.04	-40.91	-42.38	-53.99
Net Income, 3 Yr. CAGR %	7.17	14.04	-40.91	-42.38	-53.99
Normalized Net Income, 3 Yr. CAGR %	7.91	12.86	-43.08	-43.92	-56.2
Diluted EPS Before Extra, 3 Yr. CAGR %	6.15	11.88	-42.92	-44.38	-54.82
Accounts Receivable, 3 Yr. CAGR %	20.24	-2.47	-9.56	-29.15	-26.55
Total Assets, 3 Yr. CAGR %	14.58	1.94	-2.8	-9.22	-2.92
Tangible Book Value, 3 Yr. CAGR %	14.59	1.94	-2.8	-9.23	-7.75
Common Equity, 3 Yr. CAGR %	14.59	1.94	-2.8	-9.23	-7.75
Cash From Operations, 3 Yr. CAGR %	-10.04	63.78	-19.93	-25.93	8
Levered Free Cash Flow, 3 Yr. CAGR %	7.23	12	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	7.27	11.96	-	-	-
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	78.96	-5.43	-40.57	-27.75	-66.92
Gross Profit, 5 Yr. CAGR %	78.96	-5.43	-40.57	-27.75	-66.92
EBITA, 5 Yr. CAGR %	139.44	-2.56	-34.7	-19.28	-34.99
EBIT, 5 Yr. CAGR %	139.44	-2.56	-34.7	-19.28	-34.99
Earnings From Cont. Operations, 5 Yr. CAGR %	127.98	-1.94	-33.41	-17.65	-32.36
Net Income, 5 Yr. CAGR %	127.98	-1.94	-33.41	-17.65	-32.36
Normalized Net Income, 5 Yr. CAGR %	110.16	-2.45	-34.6	-19.14	-34.64
Diluted EPS Before Extra, 5 Yr. CAGR %	119.23	-5.01	-35.15	-19.38	-33.84
Accounts Receivable, 5 Yr. CAGR %	-6.03	-14.32	8.25	-4.43	4.21
Total Assets, 5 Yr. CAGR %	5.89	-2.33	3.34	-0.26	-2.94
Tangible Book Value, 5 Yr. CAGR %	5.89	-2.33	3.34	-0.26	-5.87
Common Equity, 5 Yr. CAGR %	5.89	-2.33	3.34	-0.26	-5.87
Cash From Operations, 5 Yr. CAGR %	-8.94	36.16	-44.1	14.89	50.38
Levered Free Cash Flow, 5 Yr. CAGR %	-8.34	-1.53	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-8.33	-1.54	-	-	-