QXO Inc
For the period ended Dec 31, 2024. Filed Mar 4, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 4, 2025
QXO$13.78+19.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share data)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue: | ||
| Software product, net | $15,261 | $14,111 |
| Service and other, net | 41,612 | 40,406 |
| Total revenue, net | 56,873 | 54,517 |
| Cost of revenue: | ||
| Software product | 9,434 | 8,513 |
| Service and other | 24,507 | 24,390 |
| Total cost of revenue | 33,941 | 32,903 |
| Operating expenses: | ||
| Selling, general and administrative expenses | 92,943 | 22,097 |
| Depreciation and amortization expenses | 989 | 828 |
| Total operating expenses | 93,932 | 22,925 |
| Loss from operations | (71,000) | (1,311) |
| Other income (expense), net: | ||
| Interest income (expense), net | 121,812 | (56) |
| Total other income (expense) | 121,812 | (56) |
| Income (loss) before taxes | 50,812 | (1,367) |
| Provision (benefit) for income taxes | 22,843 | (297) |
| Net income (loss) | $27,969 | $(1,070) |
| Loss per common share – basic and diluted (Note 4) | $(0.11) | $(1.63) |
| Basic | 203,998 | 657 |
| Diluted | 203,998 | 657 |
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