MARKETS / BALCAO / QSEP
BALCAO · OIL & GAS FIELD MACHINERY & EQUIPMENT · SMALL CAP

QS Energy, Inc. QSEP

19 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
EPS · FY25
$-0.03
Dividend / sh · FY25
Payout · FY25
ROE · FY25
Net margin · FY25
Dividend coverage
Advertisement
AdSense · Leaderboard 728×90320×100
Result
Revenue, FY2025 · full 19-year series below
Revenue Net income
8e-050.000160.000240.0-0.02007201020132016201920222025
8e-050.000160.000240.0-0.02016201920222025

Per share
USD -0.03
Diluted EPS, FY2025
EPS
0.40.81.2-0.032007201020132016201920222025
0.40.81.2-0.032016201920222025

The company pays no cash dividend.

Profitability
Return on equity, FY2025
ROE
0.250.50.7512007201020132016201920222025
0.250.50.7512016201920222025
Operating margin
Net margin
Return on assets-13977.2%

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.54B
Shares outstanding, FY2025
0.090.542007201020132016201920222025
0.200.542016201920222025
Change, 5 years+68.1%
Change, 10 years+195.6%

The share count grew 68% in five years — the same company, cut into more, smaller slices.

Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
USD 55,000.00
total assets, end of FY2025
Total assetsUSD 55,000.00
EquityUSD -5.9M
CashUSD 6,000.00
Gross debtUSD 1.1M
Net debtUSD 1.1M
Current ratio0.01×

Net debt stands at -19% of equity.

History
19 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Revenue $B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
·
·
·
·
Operating income $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
·
·
·
·
·
·
·
·
−0.0
−0.0
·
·
·
EBITDA $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
·
·
·
·
·
·
·
·
−0.0
·
·
·
·
Income tax $B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
·
·
·
Net income $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
EPS, diluted $
−0.03
0.00
0.00
0.00
0.00
−0.01
−0.02
−0.01
−0.02
−0.02
−0.02
−0.02
−0.07
−0.10
−0.10
−0.12
·
·
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
·
·
·
·
·
·
·
·
·
·
−1443.3
−180.3
−11987.9
·
·
·
·
·
·
Shares out B
0.54
0.43
0.39
0.38
0.36
0.32
0.31
0.26
0.23
0.20
0.18
0.18
0.18
0.14
0.11
0.09
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
47 of 47
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed