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Company QXO, Inc. ( QXO , we , our , or the Company ) was created to build a tech-forward leader in the approximately $800 billion building products distribution sector. Prior to the Beacon Acquisition (as defined below), QXO was primarily a technology solutions and professional services company, providing critical software applications, consulting and other professional services, including spe…
The business is unprofitable at the operating level (-3.58% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 11925.0% YoY with margins expanding 121.2pp.
Net debt of $1.55B represents 8.5x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$8.56B
▲ +11925.0% YoY
Net Income (TTM)
-$515M
▼ -1097.9% YoY
Op. Margin
-5.35%
▲ +121.2pp YoY
ROIC
-2.62%
▲ +0.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$195M
▲ +116.3% YoY
Op. Cash Flow (TTM)
$296M
▲ +208.3% YoY
Net Debt
$856M
Cash & Equiv.
$3.05B
5Y CAGR: +178.0%
5Y CAGR: +157.9%
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