OverviewSuggest Edit

Quest Patent Research is an intellectual property asset management company. The Company's principal operations include the development, acquisition, licensing and enforcement of intellectual property rights that are either owned or controlled by the Company or one of its wholly-owned subsidiaries. Quest Patent Research currently owns, controls or manages several intellectual property portfolios, which principally consist of patent rights. 

TypePublic
Founded1987
HQRye, NY, US
Websiteqprc.com

Latest Updates

Employees (est.) (Dec 2020)1
Revenue (FY, 2020)$5.5 M(+33%)
Share Price (Jul 2021)$0(+10%)
Cybersecurity ratingBMore

Key People/Management at Quest Patent Research

Tim Scahill

Tim Scahill

Director & CTO
Jon Scahill

Jon Scahill

Director & CEO
Peter Lafauci

Peter Lafauci

CFO, Solutions
William Carroll

William Carroll

Director & Chairman
Show more

Quest Patent Research Office Locations

Quest Patent Research has an office in Rye
Rye, NY, US (HQ)
411 Theodore Fremd Ave #206s
Show all (1)

Quest Patent Research Financials and Metrics

Quest Patent Research Revenue

Quest Patent Research's revenue was reported to be $5.49 m in FY, 2020
USD

Net income (Q1, 2021)

(5.2m)

EBIT (Q1, 2021)

(2.3m)

Market capitalization (29-Jul-2021)

8.5m

Closing stock price (29-Jul-2021)

0.0

Cash (31-Mar-2021)

227.0k

EV

8.5m
Quest Patent Research's current market capitalization is $8.5 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.3m1.2m7.1m4.1m5.5m

Revenue growth, %

(3%)474%

Cost of goods sold

4.8k2.4k3.7k3.4m

Gross profit

1.3m1.2m7.1m759.2k
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

705.8k2.8k635.4k577.8k857.3k6.2m6.1k374.9k1.0m640.0k870.1k1.2m3.4m

Cost of goods sold

960.0440.0632.0377.01.5k1.1k32.5k265.0k579.5k555.5k910.1k

Gross profit

704.8k2.4k634.8k577.5k855.9k6.2m(26.4k)109.8k433.3k84.5k(40.0k)

Gross profit Margin, %

100%84%100%100%100%100%(437%)29%43%13%(5%)
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2020

Cash

18.6k159.091.7k331.5k208.3k165.5k247.9k

Accounts Receivable

5.8k4.2k22.5k41.6k55.0k2.8k1.0m

Prepaid Expenses

1.7k5.9k2.5k

Current Assets

24.4k20.2k115.9k379.0k265.8k170.9k1.3m
Quarterly
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2021

Cash

2.3k13.4k848.0114.4k54.4k47.0k48.9k7.9k9.7k239.2k89.8k157.6k70.8k14.4k142.5k16.5k16.7k37.6k227.0k

Accounts Receivable

7.2k2.6k9.3k53.3k31.9k29.3k90.6k161.9k109.3k23.9k3.1k16.6k8.3k6.1k653.6k

Prepaid Expenses

1.2k831.0846.01.1k3.0k2.4k3.7k3.0k2.0k1.5k3.0k2.0k

Current Assets

26.9k33.1k20.4k142.2k54.4k47.0k103.4k40.6k39.9k330.9k254.7k269.2k98.4k20.5k161.1k26.4k19.8k45.6k883.0k
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(641.1k)(871.2k)(161.5k)(327.3k)(956.1k)(1.2m)(2.1m)(1.3m)(1.3m)

Depreciation and Amortization

57.5k261.8k331.3k437.7k529.5k648.4k

Accounts Payable

619.2k97.2k35.8k(4.7k)70.2k39.9k191.4k3.0m(470.9k)

Cash From Operating Activities

(7.9k)91.5k(199.2k)(373.2k)(167.8k)(378.6k)746.5k(246.3k)
Show all financial metrics

Quest Patent Research Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Quest Patent Research Online and Social Media Presence

Embed Graph

Quest Patent Research News and Updates

Quest Patent Research Subsidiary CXT Systems Enters into License and Settlement Agreement with Tailored Brands, Inc.

RYE, N.Y., June 17, 2020 /PRNewswire/ -- Quest Patent Research Corporation (OTCQB: QPRC) ("Quest" or "Company"), an Intellectual Property asset monetization company, today announced entering into a patent license and settlement agreement with Tailored Brands, Inc. ("Tailored Brands") (the...

Quest Patent Research Subsidiary M-RED Inc. Enters into Settlement Agreement and License with Panasonic Corporation

RYE, N.Y., June 15, 2020 /PRNewswire/ -- Quest Patent Research Corporation (OTCQB: QPRC) ("Quest" or "Company"), an Intellectual Property asset monetization company, today announced entering into a patent license and settlement agreement with Panasonic Corporation ("Panasonic") (the...

Quest Patent Research Frequently Asked Questions

  • When was Quest Patent Research founded?

    Quest Patent Research was founded in 1987.

  • Who are Quest Patent Research key executives?

    Quest Patent Research's key executives are Tim Scahill, Jon Scahill and Peter Lafauci.

  • How many employees does Quest Patent Research have?

    Quest Patent Research has 1 employees.

  • What is Quest Patent Research revenue?

    Latest Quest Patent Research annual revenue is $5.5 m.

  • What is Quest Patent Research revenue per employee?

    Latest Quest Patent Research revenue per employee is $5.5 m.

  • Who are Quest Patent Research competitors?

    Competitors of Quest Patent Research include Charles Russell Speechlys, Clayton Utz and Fish & Richardson.

  • Where is Quest Patent Research headquarters?

    Quest Patent Research headquarters is located at 411 Theodore Fremd Ave #206s, Rye.

  • Where are Quest Patent Research offices?

    Quest Patent Research has an office in Rye.

  • How many offices does Quest Patent Research have?

    Quest Patent Research has 1 office.