Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Periods / Units / Analysis

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Ticker

Industry

Sector

Page: Company Financials

Qrf Comm. VA

Ticker: QRF.BR | Industry: REIT - Retail | Sector: Real Estate
$10.95 0.00 (0.00%)
As of: 2026-01-27

Master Data Export

Enterprise Value

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Stock Price 10.23 10.03 9.82 11.58 11.33 15.50 16.90 24.58 27.02 25.98 25.23 25.16
Market Capitalization 79.74M 77.28M 73.35M 84.15M 80.94M 109.08M 95.75M 129.19M 125.89M 89.91M 82.91M 82.36M
(-) Cash & Equivalents 0.48M 0.39M 1.22M 1.27M 2.20M 2.18M 1.82M 2.09M 6.11M 3.73M 6.26M 4.27M
(+) Total Debt 93.81M 130.03M 129.46M 117.92M 112.48M 129.94M 145.93M 150.17M 121.39M 87.84M 60.86M 35.52M
Enterprise Value 173.07M 206.93M 201.59M 200.80M 191.22M 236.84M 239.87M 277.27M 241.17M 174.02M 137.50M 113.61M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
Revenue 33M 27M 14M 15M 13M 12M 14M 16M 17M 16M 14M 10M 9M 0M
Cost of Revenue 5M 3M 2M 1M 2M 1M 3M 3M 3M 2M 2M 2M 1M 0M
Gross Profit 28M 24M 12M 14M 12M 11M 10M 14M 14M 14M 13M 9M 8M 0M
Gross Profit Margin 86.2% 89.0% 85.4% 90.1% 87.2% 88.9% 75.8% 84.1% 84.9% 85.3% 87.0% 83.7% 90.8% 87.0%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 6M 2M 3M 1M 2M 2M 2M 2M 2M 2M 2M 1M 1M 0M
Operating Expenses 13M 11M 3M 11M -4M 1M 2M 31M 13M 8M 4M 4M 4M 0M
Operating Income (EBIT) 15M 13M 9M 2M 16M 10M 9M -17M 1M 6M 9M 5M 4M 0M
Operating Income Margin 45.2% 47.1% 62.4% 14.5% 117.5% 81.5% 62.1% -104.0% 6.8% 35.2% 61.4% 45.9% 42.7% 43.9%
Interest Income -2M 2M 0M 0M 0M 0M 0M 0M 0M 3M 3M 2M 2M 0M
Interest Expense 4M 4M 0M 5M 2M 2M 0M 2M 2M 2M 2M 1M 1M 0M
Net Interest Income -5M -3M 0M -5M -2M -2M 0M -2M -2M 1M 1M 0M 0M 0M
Unusual Items 7M -7M 2M 2M -1M -7M -15M -2M 2M -1M -1M -1M -1M -2M
EBT Excluding Unusual Items 9M 10M 9M -3M 14M 8M 9M -19M -1M 6M 10M 5M 4M 0M
Pre-Tax Income 16M 3M 11M -1M 13M 2M -6M -21M 1M 5M 8M 5M 3M -2M
Pre-Tax Margin 49.4% 12.4% 79.5% -6.4% 94.2% 13.8% -42.5% -126.2% 4.7% 32.0% 56.4% 44.9% 33.6% -601.8%
Income Tax Expense 2M 0M 0M 1M 0M -1M -1M 0M 0M 0M 0M 0M 0M 0M
Net Income 14M 21M 11M -2M 13M 2M -5M -20M 1M 5M 8M 5M 3M -2M
Net Income Margin 44.3% 75.7% 79.0% -16.3% 94.0% 19.0% -38.6% -124.8% 3.7% 29.6% 53.7% 44.3% 33.8% -601.8%
Depreciation & Amortization 0M 10M 0M 0M 0M 0M 0M 0M 0M 0M 0M -7M -6M 1M
EBITDA 15M 22M 9M 2M 16M 10M 9M -17M 1M 6M 9M -2M -2M 1M
EBITDA Margin 45.6% 82.0% 62.7% 14.7% 117.8% 81.8% 62.1% -103.9% 7.0% 35.4% 61.5% -22.8% -24.1% 420.4%
NOPAT 13M 13M 9M 2M 16M 14M 7M -13M 1M 5M 8M 5M 4M 0M
NOPAT Margin 40.5% 46.5% 62.0% 11.5% 117.2% 111.6% 49.0% -82.2% 5.6% 32.4% 58.3% 45.2% 42.8% 34.6%
Owner's Earnings 14M 30M 11M -3M 13M 2M -5M -20M 1M 5M 8M -3M -3M -1M
Owner's Earnings Margin 43.5% 110.5% 76.4% -17.6% 94.2% 18.6% -38.7% -124.7% 3.8% 29.4% 53.7% -24.4% -33.7% -225.3%
EPS (Basic) 1.86 2.80 1.40 -0.32 1.68 0.32 -0.74 -2.91 0.11 0.91 1.67 1.33 0.89 -0.52
EPS (Diluted) 1.86 2.77 1.40 -0.32 1.68 0.32 -0.74 -2.91 0.11 0.91 1.67 1.33 0.89 -0.52
Shares (Basic) 8M 7M 8M 8M 7M 7M 7M 7M 6M 5M 5M 3M 3M 3M
Shares (Diluted) 8M 7M 8M 8M 7M 7M 7M 7M 6M 5M 5M 3M 3M 3M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
Cash & Cash Equivalents 0.57M 0.44M 0.44M 0.47M 1.73M 0.88M 1.73M 2.48M 2.18M 2.58M 7.01M 3.60M 2.84M 8.50M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 0.57M 0.44M 0.44M 0.47M 1.73M 0.88M 1.73M 2.48M 2.18M 2.58M 7.01M 3.60M 2.84M 8.50M
Net Receivables 2.63M 1.75M 1.75M 1.92M 1.85M 3.81M 1.42M 0.00M 0.00M 0.63M 0.00M 0.58M 0.00M 0.03M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Assets 0.12M 0.33M 0.33M 6.33M -1.85M -3.81M -1.42M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 4.37M
Total Current Assets 3.32M 2.52M 2.52M 8.72M 1.73M 0.88M 1.73M 2.48M 2.18M 3.21M 7.01M 4.18M 2.84M 12.91M
Property, Plant & Equipment 0.51M 0.43M 0.43M 0.02M 0.01M 0.01M 0.03M 0.02M 271.83M 287.45M 250.75M 218.88M 139.26M 114.20M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.01M 0.01M 0.01M 0.00M 0.04M 0.06M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.00M 0.00M 0.00M 25.34M 23.85M 25.55M 26.26M 0.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 0.00M 212.02M 1.41M 1.31M 180.50M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 224.16M 220.95M 220.95M 6.59M 207.99M 181.20M 1.68M 205.40M -271.83M -287.45M -250.75M -218.88M -139.27M 0.00M
Other Assets 0.00M 0.00M 223.91M 0.00M 33.97M 30.94M 29.35M 47.76M 1.69M 1.29M 0.94M 0.92M 1.85M 0.00M
Total Non-Current Assets 224.68M 221.39M 445.29M 243.97M 267.27M 239.08M 237.82M 253.87M 1.69M 1.29M 0.94M 0.92M 1.85M 114.21M
Total Assets 228.00M 223.91M 447.81M 252.69M 269.00M 239.96M 239.55M 256.36M 3.87M 4.50M 7.94M 5.10M 4.68M 127.11M
Accounts Payable 2.14M 2.85M 2.85M 1.87M 1.17M 0.36M 0.62M 0.54M 0.81M 1.65M 1.67M 0.57M 0.41M 2.68M
Short-Term Debt 40.09M 29.64M 29.64M 21.07M 38.36M 49.00M 10.55M 32.00M 12.00M 24.99M 0.00M 1.00M 0.00M 0.00M
Tax Payables 0.00M 0.00M 0.00M 0.19M 0.20M 0.09M 1.16M 0.18M 0.04M 0.39M 5.08M 0.77M 0.67M 0.15M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 1.79M 1.59M 1.64M 0.13M 0.07M 0.10M 0.09M 0.19M 0.00M 0.00M
Other Current Liabilities 2.87M 2.32M 2.32M 1.99M 0.35M 0.83M 1.25M 1.98M -13.33M -27.64M -3.02M 1.87M 0.89M -11.52M
Total Current Liabilities 45.10M 34.80M 34.80M 25.12M 41.88M 51.87M 15.21M 34.83M -0.40M -0.51M 3.82M 4.39M 1.97M -8.69M
Long-Term Debt 55.21M 58.96M 58.96M 102.19M 96.95M 70.93M 104.95M 89.95M 128.93M 124.43M 119.91M 104.85M 61.87M 39.83M
Capital Lease Obligations 5.82M 5.47M 5.47M 5.32M 4.66M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.76M -3.65M -2.97M 0.00M 0.18M 0.18M 0.27M 4.05M 6.00M 0.97M 0.27M
Other Non-Current Liabilities 1.30M 1.33M 1.33M 26.67M 0.12M 0.83M 1.77M 1.85M 1.39M 1.37M -1.48M -3.94M 0.63M 12.32M
Total Non-Current Liabilities 62.33M 65.76M 65.76M 134.94M 98.08M 68.79M 106.72M 91.97M 130.50M 126.07M 122.48M 106.92M 63.46M 52.42M
Total Liabilities 107.43M 100.56M 100.56M 160.05M 139.96M 120.66M 121.93M 126.81M 130.09M 125.57M 126.30M 111.31M 65.43M 43.73M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 8.39M 5.26M 6.52M 0.53M 3.38M 0.00M
Common Stock 7.34M 7.34M 7.34M 7.34M 7.14M 6.95M 6.82M 6.82M 131.72M 131.72M 119.26M 104.23M 76.09M 70.37M
Retained Earnings 3.53M 7.64M 7.64M 1.58M 16.93M 6.20M -3.03M -12.58M 4.60M 6.92M 8.70M 4.49M 2.99M -1.72M
Accumulated OCI -47.46M -47.33M -47.33M -45.95M -52.78M -48.78M -36.15M -16.07M -8.39M -5.26M -6.52M -0.53M -3.38M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.29M 0.30M 0.27M 0.28M 0.29M 0.30M 0.31M
Total Shareholders’ Equity -36.58M -32.35M -32.35M -37.02M -28.71M -35.62M -32.36M -21.84M 136.33M 138.64M 127.97M 108.71M 79.08M 68.66M
Total Equity -36.58M -32.35M -32.35M -37.02M -28.71M -35.62M -32.36M -21.55M 136.63M 138.91M 128.24M 109.00M 79.38M 68.97M
Total Liabilities & Equity 70.85M 68.22M 68.22M 123.03M 111.25M 85.03M 89.57M 105.26M 266.72M 264.48M 254.54M 220.31M 144.81M 112.70M
Tangible Assets 227.99M 223.89M 447.80M 252.69M 268.97M 239.90M 239.54M 256.36M 3.87M 4.50M 7.94M 5.10M 4.68M 127.11M
Tangible Equity -36.59M -32.36M -32.36M -37.02M -28.75M -35.69M -32.37M -21.55M 136.63M 138.91M 128.24M 109.00M 79.37M 68.97M
Tangible Book Value -36.59M -32.36M -32.36M -37.02M -28.75M -35.69M -32.37M -21.55M 136.63M 138.91M 128.24M 109.00M 79.37M 68.97M
Total Investments 0.00M 0.00M 0.00M 25.34M 23.85M 25.55M 26.26M 0.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Debt 94.73M 88.16M 88.16M 122.78M 133.58M 119.05M 113.77M 119.46M 138.75M 146.85M 112.90M 102.25M 59.04M 31.33M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
Working Capital -41.8M -32.4M -32.4M -16.8M -40.2M -51.0M -13.5M -33.2M -13.2M -27.3M 2.4M 2.9M 2.2M 0.6M
Total Capital 221.7M 217.3M 217.3M 247.5M 265.4M 236.3M 233.0M 250.0M 270.2M 284.1M 242.7M 210.4M 137.6M 114.2M
Capital Employed 182.9M 189.0M 189.0M 227.2M 227.1M 188.1M 224.3M 220.7M 260.4M 261.4M 254.1M 222.7M 143.3M 114.8M
Invested Capital 221.1M 216.8M 216.8M 247.0M 263.6M 235.4M 231.3M 247.5M 268.0M 281.6M 235.7M 206.8M 134.7M 105.7M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
Net Income 14.47M 14.99M 10.93M -2.46M 12.60M 2.33M -5.31M -20.48M 0.61M 4.77M 7.78M 4.58M 2.90M -1.66M
Depreciation & Amortization -0.01M 0.09M 0.04M 0.03M 0.04M 0.04M 0.02M 0.02M 0.02M 0.02M 0.02M 0.02M 0.02M 0.00M
Deferred Income Tax 1.41M -1.26M 0.00M 0.00M -0.10M -1.16M 0.00M 0.00M 0.00M 0.00M 0.00M -0.06M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 0.11M 2.35M 0.19M -0.23M 1.30M -0.57M -0.92M -0.78M 0.26M 0.03M 0.03M 0.43M -0.42M 4.01M
Accounts Receivable -0.11M 1.25M -0.31M 0.10M 0.50M 0.27M -1.27M 0.32M 0.26M 0.03M 0.03M 0.43M -0.42M 0.01M
Inventory 0.00M 0.68M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.28M 8.28M 3.04M 1.85M 0.00M 0.00M
Accounts Payable 0.41M -0.24M 0.39M -0.05M 0.06M -0.16M -0.54M 0.36M -0.94M -8.28M -2.53M 0.05M 0.00M 0.00M
Other Working Capital -0.15M 0.65M 0.12M -0.28M 0.74M -0.68M 0.89M -1.46M -0.34M 8.28M 2.53M -0.05M 0.59M 4.00M
Other Non-Cash Items 8.34M -2.60M -1.19M 13.69M -3.35M 5.57M 12.90M 30.24M 6.56M -3.71M -2.64M -2.45M -4.50M 1.77M
Net Cash from Operating Activities 24.32M 15.67M 9.97M 11.03M 10.48M 6.20M 6.68M 9.00M 7.45M 1.12M 5.19M 2.53M -2.00M 4.12M
Capital Expenditures (PPE) -0.39M -0.01M -0.39M 0.00M -0.01M -0.08M -0.01M 0.00M -0.01M -0.05M -0.01M 0.00M -0.06M 0.00M
Acquisitions (Net) 0.00M 0.75M -7.22M 0.00M 1.33M 0.00M 20.67M 0.00M -7.62M 28.94M -6.49M 0.00M -4.62M 0.00M
Purchases of Investments -3.82M -35.66M 0.00M 0.00M -24.35M -9.51M -21.94M -0.77M -0.08M -34.55M -0.45M -30.91M -4.62M -41.82M
Sales / Maturities of Investments -6.64M 14.45M 30.97M 0.00M 3.99M 1.45M 27.65M 15.78M 7.70M 5.62M 6.94M 0.00M 0.00M 0.00M
Other Investing Activities 30.64M -13.42M 10.73M 7.00M -0.09M -0.41M -21.63M 0.00M 7.62M -28.94M 4.08M 0.00M -12.95M 1.40M
Net Cash from Investing Activities 19.78M -20.31M 34.08M 7.00M -19.12M -8.56M 4.74M 15.01M 7.61M -28.98M 6.48M -30.90M -17.63M -40.42M
Net Debt Issuance -31.03M -9.75M -35.00M -11.77M 15.00M 4.50M -6.45M -19.00M -8.50M 29.50M -3.66M 33.45M 13.94M -25.98M
Long-Term Debt Issuance -27.76M -9.75M -35.00M -11.77M 15.00M 4.50M -6.45M -19.00M -8.50M 29.50M -3.66M 33.45M 13.94M -25.98M
Short-Term Debt Issuance -3.27M 0.00M -35.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 0.00M 0.00M 0.00M -0.02M -0.05M -0.06M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 76.58M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 19.18M 0.00M 0.00M 0.00M 0.00M 0.00M 76.58M
Common Stock Repurchased 0.00M -0.06M 0.00M -0.02M -0.05M -0.06M 0.00M -0.18M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -12.79M -7.51M -6.24M -4.01M -3.50M -3.45M -5.72M -4.53M -6.93M -6.01M -4.58M -4.25M 0.00M 0.00M
Common Dividends Paid -12.79M -7.51M -6.24M -4.01M -3.50M -3.45M -5.72M -4.53M -6.93M -6.01M -4.58M -4.25M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 0.00M 18.34M -2.83M -3.49M -0.02M 0.00M 0.00M -0.18M -0.03M -0.05M -0.03M -0.05M 0.02M -5.80M
Net Cash from Financing Activities -43.82M 2.76M -44.07M -19.28M 11.44M 0.99M -12.18M -23.71M -15.46M 23.44M -8.27M 29.14M 13.96M 44.80M
Effect of FX on Cash 0.00M 0.53M 0.00M 0.00M 0.00M 0.53M 0.00M 0.00M 0.00M 0.00M 0.01M 0.00M 0.00M 0.00M
Net Change in Cash 0.27M -1.35M -0.03M -1.26M 0.85M -0.84M -0.76M 0.30M -0.40M -4.43M 3.41M 0.77M -5.66M 8.50M
Cash at Beginning of Period 1.72M 4.98M 0.47M 1.73M 0.88M 1.73M 2.48M 2.18M 2.58M 7.01M 3.60M 2.84M 8.50M 0.00M
Cash at End of Period 1.99M 3.63M 0.44M 0.47M 1.73M 0.88M 1.73M 2.48M 2.18M 2.58M 7.01M 3.60M 2.84M 8.50M
Operating Cash Flow 27.30M 15.67M 17.86M 11.03M 8.53M 6.20M 6.68M 9.00M 7.45M 1.12M 5.19M 2.53M -2.00M 4.12M
Capital Expenditure -0.39M -0.01M -0.39M -0.22M -0.01M -0.08M -0.01M 0.00M -0.01M -0.05M -0.01M 0.00M -0.06M 0.00M
Free Cash Flow 26.90M 15.65M 17.46M 10.81M 8.52M 6.12M 6.67M 9.00M 7.44M 1.07M 5.18M 2.53M -2.06M 4.12M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
EBITDA 22.03M 31.83M 8.68M 12.83M 9.77M 9.18M 8.92M 11.87M 11.94M 11.75M 10.54M 0.05M 0.74M 1.20M
(-) Tax Adjustment 2.31M 0.39M 0.06M 0.00M 0.03M 0.00M 0.81M 0.12M 2.20M 0.94M 0.52M 0.00M 0.00M 0.00M
(-) Change In Working Capital 0.11M 2.35M 0.19M -0.23M 1.30M -0.57M -0.92M -0.78M 0.26M 0.03M 0.03M 0.43M -0.42M 4.01M
(-) Capital Expenditure -0.39M -0.01M -0.39M -0.22M -0.01M -0.08M -0.01M 0.00M -0.01M -0.05M -0.01M 0.00M -0.06M 0.00M
Unlevered Free Cash Flow 19.22M 29.08M 8.03M 12.85M 8.43M 9.67M 9.02M 12.53M 9.48M 10.73M 9.97M -0.38M 1.10M -2.81M
(-) Net Interest Income After Taxes -4.85M -2.66M 0.08M -5.49M -1.91M -1.56M 0.36M -1.88M -1.81M 0.74M 0.68M 0.45M 0.47M 0.00M
Net Debt Issuance -31.03M -9.75M -35.00M -11.77M 15.00M 4.50M -6.45M -19.00M -8.50M 29.50M -3.66M 33.45M 13.94M -25.98M
Levered Free Cash Flow -6.96M 21.99M -27.05M 6.57M 25.34M 15.73M 2.21M -4.60M 2.79M 39.49M 5.63M 32.62M 14.57M -28.79M