QXO, Inc. financial data

Symbol
QXO on Nasdaq
Industry
Services-Computer Processing & Data Preparation
Location
Five American Lane, Greenwich, CT
State of incorporation
DE
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 - Q3 2024 - Nov 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.71K % +1258%
Debt-to-equity 1.05 % -99.1%
Return On Equity -15 % -4083%
Return On Assets 1.12 %
Operating Margin 2.75 % +33305%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 409M shares +7690%
Common Stock, Shares, Outstanding 409M shares +7690%
Entity Public Float 11M USD +24.5%
Common Stock, Value, Issued 4K USD +7447%
Weighted Average Number of Shares Outstanding, Basic 359M shares +54514%
Weighted Average Number of Shares Outstanding, Diluted 359M shares +54514%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 55.8M USD +18.6%
Revenue from Contract with Customer, Excluding Assessed Tax 13.2M USD -2%
Cost of Revenue 34.2M USD +8.23%
Selling and Marketing Expense 9.02M USD +10.7%
General and Administrative Expense 10.5M USD +11.8%
Operating Income (Loss) -34.5M USD -1714%
Nonoperating Income (Expense) 442K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.51M USD -1710%
Income Tax Expense (Benefit) 5.85M USD
Net Income (Loss) Attributable to Parent 17.1M USD
Earnings Per Share, Basic -0.01 USD/shares +99.7%
Earnings Per Share, Diluted -0.01 USD/shares +99.7%

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 2.24M USD -17%
Assets, Current 5.06M USD -54.2%
Deferred Income Tax Assets, Net 1.44M USD +7.61%
Property, Plant and Equipment, Net 497K USD -20.3%
Operating Lease, Right-of-Use Asset 320K USD -14.6%
Intangible Assets, Net (Excluding Goodwill) 4.25M USD +12.3%
Goodwill 1.16M USD +1.76%
Other Assets, Noncurrent 202K USD +11.8%
Assets 5.06B USD +27438%
Accounts Payable, Current 3.86M USD +10.3%
Employee-related Liabilities, Current 5.28M USD
Accrued Liabilities, Current 12.5M USD +341%
Contract with Customer, Liability, Current 2.87M USD
Liabilities, Current 19.5M USD +85.3%
Operating Lease, Liability, Noncurrent 115K USD -11.8%
Liabilities 19.9M USD +75.4%
Retained Earnings (Accumulated Deficit) 4.98M USD
Stockholders' Equity Attributable to Parent 971M USD +9408%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 7.61M USD -22.9%
Liabilities and Equity 5.06B USD +27438%

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 409M shares +7690%
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 56.4K USD -25.1%
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 205K USD -16.1%
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 4.54B USD +48099%
Preferred Stock, Shares Outstanding 1M shares
Amortization of Intangible Assets 844K USD +30.1%
Depreciation, Depletion and Amortization 409K USD -30.4%
Deferred Tax Assets, Net of Valuation Allowance 1.34M USD
Share-based Payment Arrangement, Expense 14M USD +16222%
Interest Expense 58.5K USD -33.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%