QXO, Inc. financial data

Symbol
QXO on Nasdaq
Location
Five American Lane, Greenwich, CT
State of incorporation
Delaware
Fiscal year end
December 31
Former names
SilverSun Technologies, Inc. (to 6/5/2024), TREY RESOURCES INC (to 6/30/2011), TREY INDUSTRIES INC (to 9/14/2005)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 2.03K % +1425%
Debt-to-equity 5.49 % -95.1%
Return On Equity -15 % -4083%
Return On Assets -0.82 % -136%
Operating Margin 2.75 % +33305%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 409M shares +7690%
Common Stock, Shares, Outstanding 664K shares -87.4%
Entity Public Float 11M USD +24.5%
Common Stock, Value, Issued 0 USD -100%
Weighted Average Number of Shares Outstanding, Basic 664K shares +1.07%
Weighted Average Number of Shares Outstanding, Diluted 664K shares +1.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 55.8M USD +18.6%
Revenue from Contract with Customer, Excluding Assessed Tax 14.5M USD +9.68%
Cost of Revenue 34.6M USD +15.1%
Selling and Marketing Expense 9.02M USD +10.7%
General and Administrative Expense 10.5M USD +11.8%
Operating Income (Loss) -3.22M USD -698%
Nonoperating Income (Expense) 442K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.51M USD -1710%
Income Tax Expense (Benefit) -638K USD -6830%
Net Income (Loss) Attributable to Parent -2.14M USD -559%
Earnings Per Share, Basic -9.93 USD/shares -2010%
Earnings Per Share, Diluted -9.93 USD/shares -2010%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.28M USD -8.67%
Accounts Receivable, after Allowance for Credit Loss, Current 3.02M USD +35.4%
Assets, Current 980M USD +7198%
Deferred Income Tax Assets, Net 1.61M USD +82.2%
Property, Plant and Equipment, Net 497K USD -20.3%
Operating Lease, Right-of-Use Asset 380K USD -18.3%
Intangible Assets, Net (Excluding Goodwill) 4.49M USD +13.8%
Goodwill 1.14M USD +0%
Other Assets, Noncurrent 216K USD +15.2%
Assets 988M USD +4696%
Accounts Payable, Current 6.19M USD +120%
Accrued Liabilities, Current 5.4M USD +148%
Contract with Customer, Liability, Current 3.11M USD
Liabilities, Current 15.8M USD +67.3%
Operating Lease, Liability, Noncurrent 164K USD +1.05%
Liabilities 17M USD +63.2%
Retained Earnings (Accumulated Deficit) -2.4M USD -838%
Stockholders' Equity Attributable to Parent 971M USD +9408%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 7.61M USD -22.9%
Liabilities and Equity 988M USD +4696%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 366K USD
Net Cash Provided by (Used in) Financing Activities -169K USD +51.1%
Net Cash Provided by (Used in) Investing Activities -60.5K USD -1116%
Common Stock, Shares Authorized 2B shares +2567%
Common Stock, Shares, Issued 664K shares -87.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 971M USD +13522%
Interest Paid, Excluding Capitalized Interest, Operating Activities 11.7K USD -71.1%
Deferred Tax Assets, Valuation Allowance 340K USD -18.5%
Deferred Tax Assets, Gross 1.91M USD +11.9%
Operating Lease, Liability 441K USD -1.15%
Depreciation 74.9K USD -12.4%
Payments to Acquire Property, Plant, and Equipment 60.5K USD +1116%
Lessee, Operating Lease, Liability, to be Paid 464K USD +0.34%
Property, Plant and Equipment, Gross 4.17M USD +4.42%
Operating Lease, Liability, Current 217K USD -28.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 197K USD +24.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 194K USD -28.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 23.4K USD +40%
Lessee, Operating Lease, Liability, to be Paid, Year Three 72.7K USD +129%
Deferred Tax Assets, Operating Loss Carryforwards 1.42M USD +14.5%
Preferred Stock, Shares Issued 1M shares
Preferred Stock, Shares Authorized 10M shares +900%
Lessee, Operating Lease, Liability, to be Paid, Year Four 0 USD
Additional Paid in Capital 475M USD +4436%
Preferred Stock, Shares Outstanding 1M shares
Amortization of Intangible Assets 785K USD +15.5%
Depreciation, Depletion and Amortization 360K USD -26.2%
Deferred Tax Assets, Net of Valuation Allowance 1.34M USD
Share-based Payment Arrangement, Expense 0 USD -100%
Interest Expense 58.5K USD -33.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%