Quest Resource Holding Corporation (QRHC) provides reuse and recycling solutions as well as disposal of various waste streams and recyclables in the United States. They market their services to automotive, manufacturing, hospitality and retail, construction and demolition, and commercial and property management industries. Ultimately, they refocused their market strategy to shift toward high value-added services and now service a USD 200+ billion waste and recycling market.
Comps: Loop Industries, Inc. (Nasdaq:LOOP), EcoSynthetix Inc. (OTCMKTS:ECSNF)
When we compare Quest Resource Holding corporation to Loop and EcoSynthetix, we can see that they have higher revenues, quarterly revenue growth year-over-year, and return on equity. In addition, Quest Resource Holding Corporation has higher profit margins than EcoSynthetix. Furthermore, with the focus on value-added services, they have a run rate of around USD 270 million and grew their quarterly revenue by over 96% year-over-year compared to Q3 2021.