Borqs Technologies, Inc.

BRQSF · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$27,713$32,046$52,537$29,561
% Growth-13.5%-39%77.7%
Cost of Goods Sold$21,927$23,953$41,421$26,955
Gross Profit$5,786$8,093$11,116$2,606
% Margin20.9%25.3%21.2%8.8%
R&D Expenses$2,321$4,896$4,524$5,294
G&A Expenses$6,465$13,012$7,186$23,558
SG&A Expenses$6,999$13,506$7,527$23,709
Sales & Mktg Exp.$534$494$341$151
Other Operating Expenses-$396-$22-$1,883$0
Operating Expenses$8,924$18,380$11,903$28,756
Operating Income-$3,138-$10,287-$787-$26,150
% Margin-11.3%-32.1%-1.5%-88.5%
Other Income/Exp. Net$20,608-$17,639-$28,099-$29,505
Pre-Tax Income$17,470-$27,926-$28,886-$55,655
Tax Expense$8-$1,005$59-$445
Net Income$16,697-$26,467-$34,032-$55,865
% Margin60.2%-82.6%-64.8%-189%
EPS0.55-2.03-17.79-90.95
% Growth127.1%88.6%80.4%
EPS Diluted0.55-2.03-17.79-90.95
Weighted Avg Shares Out30,45413,0381,913614
Weighted Avg Shares Out Dil30,46213,0591,913614
Supplemental Information
Interest Income$9$63$47$3
Interest Expense$1,257$1,271$11,732$11,680
Depreciation & Amortization$1,253$1,352$2,340$3,062
EBITDA$19,980-$25,303-$14,814-$41,015
% Margin72.1%-79%-28.2%-138.7%