Is QualTek Services Inc. (QTEK) a Buy, Sell, or Hold?
NASDAQ : QTEK
QualTek Services Inc. — Financials
$0.075 USD
$0 (0.0%)
- Volume
- 3.46M
- Average Volume
- 1.68M
- Market Capitalization
- $4.89M
- P/E Ratio
- -22.06
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $2.68
- Year Low
- $0.02
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.36
QTEK Financial Statements
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| revenue | 753.86M | 612.24M | 656.52M | 599.27M |
| costOfRevenue | 665.29M | 502.69M | 597.58M | 525.4M |
| grossProfit | 88.56M | 109.55M | 58.94M | 73.86M |
| researchAndDevelopmentExpenses | - | - | - | - |
| generalAndAdministrativeExpenses | 69.89M | 50.99M | 47.05M | 42.66M |
| sellingAndMarketingExpenses | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 69.89M | 50.99M | 47.05M | 42.66M |
| otherExpenses | 58.38M | 53.68M | 46.48M | 40.1M |
| operatingExpenses | 128.27M | 104.67M | 93.52M | 82.77M |
| costAndExpenses | 793.56M | 607.36M | 691.11M | 608.17M |
| netInterestIncome | -59.32M | -50.48M | -37.66M | -33.38M |
| interestIncome | - | - | - | - |
| interestExpense | 59.32M | 50.48M | 37.66M | 33.38M |
| depreciationAndAmortization | 58.38M | 53.68M | 46.47M | 40.1M |
| ebitda | 12.9M | 53.05M | -10.09M | 11.95M |
| ebit | -45.48M | -621K | -56.56M | -28.15M |
| nonOperatingIncomeExcludingInterest | 5.77M | 5.5M | 21.98M | 19.25M |
| operatingIncome | -39.7M | 4.88M | -34.58M | -8.9M |
| totalOtherIncomeExpensesNet | -65.09M | -106.46M | -59.64M | -52.63M |
| incomeBeforeTax | -104.79M | -101.58M | -94.22M | -61.53M |
| incomeTaxExpense | 48.18M | 59.33M | 41.52M | 39.64M |
| netIncomeFromContinuingOperations | -152.97M | -160.9M | -135.75M | -101.17M |
| netIncomeFromDiscontinuedOperations | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - |
| netIncome | -152.97M | -160.9M | -135.75M | -101.17M |
| netIncomeDeductions | - | - | - | - |
| bottomLineNetIncome | -152.97M | -160.9M | -135.75M | -101.17M |
| eps | -0.0 | -7.46 | -6.29 | -4.69 |
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| cashAndCashEquivalents | 495K | 606K | 76000 | 91000 |
| shortTermInvestments | - | - | - | - |
| cashAndShortTermInvestments | 495K | 606K | 76000 | 91000 |
| netReceivables | 244.96M | 201.84M | 174.8M | 228.66M |
| accountsReceivables | 244.96M | - | - | - |
| otherReceivables | - | 201.84M | 174.8M | 228.66M |
| inventory | 9.03M | 5.41M | 5.76M | 7.79M |
| prepaids | 5.29M | 16.64M | 9.99M | 10.87M |
| otherCurrentAssets | 2.82M | 2.02M | 1.59M | 1.61M |
| totalCurrentAssets | 262.6M | 226.52M | 192.22M | 249.01M |
| propertyPlantEquipmentNet | 88.38M | 50.68M | 33.79M | 18.17M |
| goodwill | 14.49M | 28.72M | 58.52M | 86.5M |
| intangibleAssets | 321.69M | 364.17M | 345.82M | 381.57M |
| goodwillAndIntangibleAssets | 336.18M | 392.9M | 404.34M | 468.08M |
| longTermInvestments | - | - | - | - |
| taxAssets | - | - | - | - |
| otherNonCurrentAssets | 1.77M | 1.66M | 10.51M | 11.97M |
| totalNonCurrentAssets | 426.33M | 445.24M | 448.64M | 498.22M |
| otherAssets | - | - | - | - |
| totalAssets | 688.93M | 671.76M | 640.87M | 747.23M |
| totalPayables | 83.3M | 60.73M | 55.75M | 70.96M |
| accountPayables | 83.3M | 60.73M | 55.75M | 70.96M |
| otherPayables | -83.3M | - | - | - |
| accruedExpenses | - | - | - | - |
| shortTermDebt | 566.02M | 127.38M | 27.25M | 13.47M |
| capitalLeaseObligationsCurrent | - | - | - | - |
| taxPayables | - | - | - | - |
| deferredRevenue | 24.09M | 14.77M | 14.94M | 18.47M |
| otherCurrentLiabilities | 50.51M | 64.33M | 78.5M | 74.8M |
| totalCurrentLiabilities | 723.92M | 267.21M | 176.45M | 177.7M |
| longTermDebt | 45.37M | 438.66M | 413.42M | 397.5M |
| capitalLeaseObligationsNonCurrent | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - |
| otherNonCurrentLiabilities | 20.36M | 32.87M | 21.36M | 37.88M |
| totalNonCurrentLiabilities | 65.72M | 471.53M | 434.79M | 435.37M |
| otherLiabilities | - | - | - | - |
| capitalLeaseObligations | - | - | - | - |
| totalLiabilities | 789.65M | 738.74M | 611.23M | 613.07M |
| treasuryStock | - | - | - | - |
| preferredStock | - | - | 25M | 25M |
| commonStock | 5000 | 2000 | 208.32M | 208.32M |
| retainedEarnings | -226.65M | -320.08M | -204.09M | -99.32M |
| additionalPaidInCapital | - | - | - | - |
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| netIncome | -104.79M | -110.43M | -98.09M | -67.79M |
| depreciationAndAmortization | 58.38M | 52.47M | 46.47M | 40.1M |
| deferredIncomeTax | - | - | - | - |
| stockBasedCompensation | 8.64M | - | - | - |
| changeInWorkingCapital | -19.85M | -36.39M | 34.6M | 8.01M |
| accountsReceivables | -51.65M | -11.64M | 52.52M | -17.9M |
| inventory | -3.62M | 514K | 2.11M | -296K |
| accountsPayables | 17.6M | -22.67M | -16.51M | 14.5M |
| otherWorkingCapital | 17.83M | -2.6M | -3.52M | 11.7M |
| otherNonCashItems | -10.91M | 76.4M | 30.47M | 16.68M |
| netCashProvidedByOperatingActivities | -68.54M | -17.94M | 13.46M | -3M |
| investmentsInPropertyPlantAndEquipment | -6.07M | -3.01M | -4.81M | -3.15M |
| acquisitionsNet | - | -45.85M | - | -76.34M |
| purchasesOfInvestments | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - |
| otherInvestingActivities | 2.72M | 5.33M | 845K | -114K |
| netCashProvidedByInvestingActivities | -3.36M | -43.53M | -3.96M | -79.61M |
| netDebtIssuance | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - |
| netStockIssuance | - | - | - | - |
| netCommonStockIssuance | - | - | - | - |
| commonStockIssuance | 35.92M | 15.37M | - | - |
| commonStockRepurchased | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - |
| netDividendsPaid | - | - | - | - |
| commonDividendsPaid | - | - | - | - |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | 70.24M | 63.37M | -9.71M | 81.96M |
| netCashProvidedByFinancingActivities | 70.24M | 63.37M | -9.71M | 81.96M |
| date | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 156.25M | 205.35M | 216.12M | 184.22M | 148.16M | 147.06M | 215.46M | 130.61M | 119.11M | 132.44M |
| costOfRevenue | 143.44M | 180.9M | 188.11M | 164.18M | 132.1M | 130.19M | 157.16M | 111.83M | 103.51M | 134.82M |
| grossProfit | 12.8M | 24.46M | 28.01M | 20.04M | 16.06M | 16.86M | 58.3M | 18.78M | 15.6M | -2.38M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 24.38M | 27.22M | 3.89M | 16.64M | 22.14M | 13.03M | 9.5M | 11.4M | 12.53M | 11.39M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 24.38M | 27.22M | 3.89M | 16.64M | 22.14M | 13.03M | 9.5M | 11.4M | 12.53M | 11.39M |
| otherExpenses | 15M | 13.92M | 14.89M | 14.79M | 14.77M | - | - | - | - | - |
| operatingExpenses | 39.38M | 41.15M | 18.78M | 31.43M | 36.91M | 27.57M | 22.99M | 24.42M | 25.15M | 23.1M |
| costAndExpenses | 182.82M | 222.05M | 206.89M | 195.61M | 169.01M | 157.76M | 180.14M | 136.25M | 128.66M | 157.93M |
| netInterestIncome | -20.58M | -17.87M | -16.02M | -13.08M | -12.34M | -14.7M | -14.64M | -11.23M | -9.96M | -8.84M |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | 20.58M | 17.87M | 16.02M | 13.08M | 12.34M | 14.7M | 14.64M | 11.23M | 9.96M | 8.84M |
| depreciationAndAmortization | 15M | 13.92M | 15.03M | 14.79M | 14.77M | 14.54M | 17.58M | 14.94M | 13.58M | 11.71M |
| ebitda | -11.27M | 122K | 24.12M | 2.23M | -1.1M | 3.83M | 64.9M | 16.4M | 13.08M | -49.06M |
| ebit | -26.27M | -13.8M | 9.1M | -12.56M | -15.86M | -107.54M | 47.32M | 1.46M | -499K | -60.78M |
| nonOperatingIncomeExcludingInterest | -304K | -2.89M | -3000 | 1.18M | -4.99M | 41.03M | -13.43M | -8M | -9.6M | 13.15M |
| operatingIncome | -26.57M | -16.69M | 9.09M | -11.39M | -20.85M | -66.51M | 33.9M | -6.54M | -10.1M | -47.62M |
| totalOtherIncomeExpensesNet | -20.28M | -14.98M | -12.24M | -329K | -19.7M | -14.63M | -34.71M | 5.96M | 10.07M | -8.68M |
| incomeBeforeTax | -46.85M | -31.68M | -6.92M | -25.65M | -40.55M | -81.13M | 19.47M | -20.09M | -19.86M | -56.31M |
| incomeTaxExpense | 18.5M | -18.01M | -3.64M | -12.76M | -28.19M | 15.44M | 19.62M | 12.97M | -19.86M | 10.99M |
| netIncomeFromContinuingOperations | -65.36M | -13.67M | -3.28M | -12.89M | -12.35M | -81.87M | 14.48M | -21.83M | 19.83M | -58.46M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -65.36M | -13.67M | -3.28M | -12.89M | -12.35M | -81.87M | 14.48M | -21.83M | - | -58.46M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -65.36M | -13.67M | -3.28M | -12.89M | -12.35M | -81.87M | 14.48M | -21.83M | - | -58.46M |
| eps | -1.45 | -0.0 | -0.07 | -0.29 | -0.51 | - | 0.67 | -1.01 | - | -2.71 |
| date | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 8.15M | 495K | 735K | 302K | 180K | 606K | 5.4M | 685.4K | 983.71K | 76000 |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 8.15M | 495K | 735K | 302K | 180K | 606K | 5.4M | 685.4K | 983.71K | 76000 |
| netReceivables | 222.58M | 244.96M | 286.9M | 243.14M | 213.33M | 201.84M | 249.26M | - | - | 174.8M |
| accountsReceivables | 222.58M | 244.96M | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | 286.9M | 243.14M | 213.33M | 201.84M | 249.26M | - | - | 174.8M |
| inventory | 6.73M | 9.03M | 11.57M | 11.01M | 6.58M | 5.41M | 5.63M | - | - | 5.76M |
| prepaids | 6.84M | 5.29M | 10.58M | 9.54M | 11.78M | 16.64M | 15.6M | - | - | 9.99M |
| otherCurrentAssets | 6.54M | 2.82M | 1.91M | 2.62M | 4.03M | 2.02M | 1.95M | 297.96K | 301.48K | 1.59M |
| totalCurrentAssets | 250.84M | 262.6M | 311.69M | 266.61M | 235.9M | 226.52M | 277.86M | 983.36K | 1.29M | 192.22M |
| propertyPlantEquipmentNet | 91.36M | 88.38M | 54.67M | 54.73M | 52.6M | 50.68M | 42.19M | - | - | 33.79M |
| goodwill | 14.49M | 14.49M | 28.65M | 28.94M | 28.79M | 28.72M | 81.78M | - | - | 58.52M |
| intangibleAssets | 311.16M | 321.69M | 332.22M | 343.05M | 353.6M | 364.17M | 364.72M | - | - | 345.82M |
| goodwillAndIntangibleAssets | 325.65M | 336.18M | 360.87M | 372M | 382.39M | 392.9M | 446.5M | - | - | 404.34M |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 4.07M | 1.77M | 1.84M | 1.78M | 1.7M | 1.66M | 3.02M | 115.01M | 115M | 10.51M |
| totalNonCurrentAssets | 421.08M | 426.33M | 417.38M | 428.5M | 436.68M | 445.24M | 491.71M | 115.01M | 115M | 448.64M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 671.92M | 688.93M | 729.07M | 695.11M | 672.58M | 671.76M | 769.56M | 115.99M | 116.29M | 640.87M |
| totalPayables | 77.31M | 83.3M | 95.42M | 83.01M | 62.88M | 60.73M | 74.22M | - | - | 55.75M |
| accountPayables | 77.31M | 83.3M | 95.42M | 83.01M | 62.88M | 60.73M | 74.22M | - | - | 55.75M |
| otherPayables | -77.31M | -83.3M | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | 602.38M | 566.02M | 22.44M | 22.92M | 22.71M | 127.38M | 119.54M | - | - | 27.25M |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | 22.36M | 24.09M | 17.99M | 15.34M | 13.51M | 14.77M | 14.95M | - | - | 14.94M |
| otherCurrentLiabilities | 48.13M | 50.51M | 56.48M | 44.94M | 50.71M | 64.33M | 68.95M | 88075 | 34350 | 78.5M |
| totalCurrentLiabilities | 750.18M | 723.92M | 192.32M | 166.22M | 149.81M | 267.21M | 277.66M | 88075 | 34350 | 176.45M |
| longTermDebt | 48.55M | 45.37M | 564.62M | 535.27M | 504.95M | 438.66M | 445.5M | - | - | 413.42M |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 20.36M | 20.36M | 41.3M | 56.3M | 55.96M | 32.87M | 35.55M | 315.18K | 82620 | 21.36M |
| totalNonCurrentLiabilities | 68.92M | 65.72M | 605.93M | 591.57M | 560.92M | 471.53M | 481.05M | 315.18K | 82620 | 434.79M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 819.1M | 789.65M | 798.25M | 757.79M | 710.73M | 738.74M | 758.71M | 403.26K | 116.97K | 611.23M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | 25M |
| commonStock | 5000 | 5000 | 5000 | 5000 | 5000 | 2000 | 248.6M | 110.59M | 111.17M | 208.32M |
| retainedEarnings | -251.14M | -226.65M | -209.83M | -206.69M | -194.97M | -320.08M | -238.21M | -614.91K | -30940 | -204.09M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -46.85M | -31.68M | -6.92M | -25.65M | -40.55M | - | 14.48M | -21.79M | -21.25M | -58.46M |
| depreciationAndAmortization | 15M | 13.92M | 14.89M | 14.79M | 14.77M | - | 17.58M | 14.94M | 13.58M | 11.71M |
| deferredIncomeTax | -16.45M | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | 395K | 390K | 422K | 1.11M | 6.71M | - | - | - | - | - |
| changeInWorkingCapital | 7.18M | 29.33M | -19.25M | -9.56M | -20.36M | - | -56.37M | -4M | -1.37M | 43.05M |
| accountsReceivables | 22.58M | 32.72M | -43.96M | -29.93M | -10.48M | - | -81.42M | -2.14M | 20.07M | 46.81M |
| inventory | 2.31M | 2.54M | -558K | -4.42M | -1.18M | - | -62000 | 544K | -192K | -372K |
| accountsPayables | -8.44M | 17.6M | - | - | -8.83M | - | 25.27M | -3.68M | -17.44M | -5.59M |
| otherWorkingCapital | -9.28M | -23.52M | 25.27M | 24.79M | 115K | - | 25.11M | -2.4M | -21.25M | -3.38M |
| otherNonCashItems | 17.76M | 806K | -11.72M | 196K | -190K | - | 2.27M | 4.26M | 1.7M | 25.62M |
| netCashProvidedByOperatingActivities | -22.97M | 12.78M | -22.58M | -19.11M | -39.62M | 18.03M | -22.04M | -6.59M | -7.34M | 21.92M |
| investmentsInPropertyPlantAndEquipment | -941K | -1.68M | -1.8M | -1.79M | -801K | - | -633K | -761K | -808K | -945K |
| acquisitionsNet | - | - | - | - | - | - | -17M | - | -20.06M | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | 407K | -256K | 440K | 253K | 2.28M | - | 2.48M | 199K | 221K | 236K |
| netCashProvidedByInvestingActivities | -534K | -1.94M | -1.36M | -1.54M | 1.48M | -7.18M | -15.15M | -562K | -20.65M | -709K |
| netDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | -1.03M | 36.95M | - | 36.95M | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 31.16M | -12.62M | 25.18M | 20.08M | 37.6M | -15.5M | 6.09M | 44.77M | 28.01M | -23.44M |
| netCashProvidedByFinancingActivities | 31.16M | -12.62M | 25.18M | 20.08M | 37.6M | -15.5M | 6.09M | 44.77M | 28.01M | -23.44M |