NQP (NQP)
Nuveen Pennsylvania Quality Municipal Income Fund
NYSE:NQPFinancial Services · Asset Management
Mkt Cap-
Float37.22M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$37.3M
Net Income-$34.23M
Total Assets$771.71M
Free Cash Flow$5.51M
Debt & Equity
Debt 43%
Equity 57%
Total Debt$327.49M
Total Equity$439.65M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in NQP's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$771.71M
Liabilities$332.06M
Accounts Receivable$31.25M
Accounts Payable$3.53M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-08-31 | 2024-08-31 | 2024-02-29 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-29 | 2019-02-28 | 2018-02-28 | 2017-02-28 | 2016-04-30 | 2015-04-30 | 2014-04-30 | 2013-04-30 |
| Revenue | $37.3M | $31.66M | $31.66M | $24.72M | $13.62M | $2.25M | $74.69M | $34.07M | $23.47M | $33.59M | $39.25M | $40.29M | $22M | $17.64M |
| YoY Growth | 17.8% | 0.0% | 28.1% | 81.6% | 504.0% | -97.0% | 119.2% | 45.1% | -30.1% | -14.4% | -2.6% | 83.2% | 24.7% | - |
| Cost of Revenue | $4.83M | $0 | $13.88M | $7.79M | $2.57M | $3.71M | $38.35M | -$2.55M | $0 | $5.83M | $0 | $0 | $0 | $0 |
| Gross Profit | $32.48M | $31.66M | $31.66M | $30.72M | $32.12M | $34.4M | $36.34M | $36.61M | $23.47M | $27.76M | $39.25M | $40.29M | $22M | $17.64M |
| Gross Margin | 87.1% | 100.0% | 100.0% | 124.3% | 235.9% | 1526.1% | 48.7% | 107.5% | 100.0% | 82.6% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $457K | $5.16M | $355K | $338K | $331K | $381K | $374K | $357K | $364K | $7.35M | $7.89M | $8.14M | $5.04M | $3.86M |
| Other | $54.3M | $0 | $4.81M | $20K | $5.4M | $21K | $39K | $47K | $47K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $54.3M | $5.16M | $5.16M | $359K | $5.73M | $402K | $412K | $404K | $412K | $65.26M | $9.46M | $11.04M | $9.09M | $4.72M |
| Operating Income (EBIT) | -$21.83M | $26.49M | $26.49M | -$56.49M | $26.39M | $28.68M | $30.58M | $31.03M | $29.08M | -$21.14M | $31.36M | $32.15M | $16.96M | $13.78M |
| Operating Margin | -58.5% | 83.7% | 83.7% | -228.5% | 193.8% | 1272.3% | 40.9% | 91.1% | 123.9% | -62.9% | 79.9% | 79.8% | 77.1% | 78.1% |
| Interest Expense | $12.4M | $13.88M | $13.88M | $7.79M | $2.57M | $3.71M | $7.39M | $7.89M | $6.02M | $2.21M | $1.04M | $1.32M | $683K | $831K |
| Interest Income | $33.26M | $0 | $31.66M | $30.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$12.4M | $6.06M | -$13.88M | -$7.79M | -$2.57M | $0 | $43.7M | $2.63M | -$8.92M | -$55.24M | $16.31M | $17.87M | -$4.73M | $7.74M |
| Income Before Tax (EBT) | -$34.23M | $32.55M | $32.55M | -$64.28M | $10.69M | -$1.86M | $74.28M | $33.66M | $23.06M | -$24.43M | $47.66M | $50.02M | $12.23M | $21.52M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31.99M | -$62.33M | $0 | $0 | $0 | $0 |
| Net Income | -$34.23M | $32.55M | $32.55M | -$64.28M | $10.69M | -$1.86M | $74.28M | $33.66M | $23.06M | -$24.43M | $47.66M | $50.02M | $12.23M | $21.52M |
| Net Income Margin | -91.8% | 102.8% | 102.8% | -260.0% | 78.5% | -82.6% | 99.4% | 98.8% | 98.2% | -72.7% | 121.4% | 124.1% | 55.6% | 122.0% |
| Supplementary Data | ||||||||||||||
| EPS | -0.92 | 0.88 | 0.87 | -1.72 | 0.29 | -0.05 | 1.99 | 0.90 | 0.61 | -0.65 | 1.26 | 1.32 | 0.32 | 1.34 |
| Diluted EPS | -0.92 | 0.88 | 0.87 | -1.72 | 0.29 | -0.05 | 1.99 | 0.89 | 0.61 | -0.65 | 1.26 | 1.32 | 0.32 | 1.34 |
| Weighted Average OS | 37.22M | 37.22M | 37.22M | 37.38M | 37.38M | 37.38M | 37.38M | 37.38M | 37.74M | 37.75M | 37.75M | 37.88M | 37.88M | 16.11M |
| EBITDA | -$21.83M | $26.53M | $26.49M | -$56.49M | $13.26M | $1.85M | $81.67M | $33.66M | $31.99M | $30.81M | $31.36M | $32.15M | $16.96M | $22.35M |
| EBITDA Margin | -58.5% | 83.8% | 83.7% | -228.5% | 97.4% | 82.2% | 109.3% | 98.8% | 136.3% | 91.7% | 79.9% | 79.8% | 77.1% | 126.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-08-31 | 2024-08-31 | 2024-02-29 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-29 | 2019-02-28 | 2018-02-28 | 2017-02-28 | 2016-04-30 | 2015-04-30 | 2014-04-30 | 2013-04-30 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $0 | $1.73M | $0 | $3.99M | $5.16M | $1.92M | $0 | $2.02M | $319K | $4.33M | $0 | $753K | $1.05M | $3.13M |
| Short-Term Investments | $0 | $0 | $12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $0 | $1.73M | $0 | $3.99M | $5.16M | $1.92M | $0 | $2.02M | $319K | $4.33M | $0 | $753K | $1.05M | $3.13M |
| Accounts Receivable | $31.25M | $14.11M | $12.75M | $10.94M | $10.22M | $15.19M | $15.51M | $10.46M | $23.49M | $24.08M | $22.84M | $15.6M | $15.65M | $6.12M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$969K | -$1.33M | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $515K | $612K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $31.25M | $15.84M | $12.75M | $14.93M | $15.38M | $17.11M | $16.02M | $13.09M | $23.81M | $29.74M | $22.84M | $16.35M | $16.7M | $9.25M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $740.39M | $845.23M | $828.18M | $801.87M | $893.98M | $933.34M | $957.19M | $901.54M | $897.28M | $884.53M | $883.89M | $875.02M | $863.44M | $393.45M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $64K | $95K | $841.13M | $813.01M | $904.4M | $0 | $0 | -$901.54M | -$897.28M | $117K | $1.25M | $1.52M | $1.76M | $778K |
| Total Long-Term Assets | $740.46M | $845.32M | $828.18M | $801.87M | $893.98M | $933.34M | $957.19M | $901.54M | $897.28M | $884.65M | $885.14M | $876.54M | $865.19M | $394.23M |
| Other Assets | $0 | $0 | $203K | $204K | $201K | $178K | $154K | $127K | $130K | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $771.71M | $861.16M | $841.13M | $817M | $909.56M | $950.62M | $973.37M | $914.76M | $921.22M | $914.39M | $907.98M | $892.89M | $881.89M | $403.48M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $3.53M | $20.53M | $4.41M | $976K | $3.33M | $14.33M | $1.39M | $1.6M | $13.75M | $41K | $0 | $2.02M | $0 | $2.29M |
| Short-Term Debt | $3.65M | $108.59M | $329.83M | $324.09M | $331.56M | $347.35M | $3.78M | $352.07M | $0 | $49.3M | $249.44M | $246.57M | $37.17M | $25.81M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$324.09M | -$331.56M | -$347.35M | -$3.78M | -$352.07M | -$250.73M | $216.61M | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $3.4M | -$330.22M | $325.06M | $333.31M | $2.16M | $1.05M | -$354.36M | -$13.75M | $2.01M | $2.31M | $2.35M | $3.56M | $1.68M |
| Total Current Liabilities | $3.65M | $135.57M | $4.41M | $328.02M | $337.66M | $16.49M | $4.37M | $354.36M | $13.75M | $269.04M | $252.74M | $252.35M | $42.09M | $29.78M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $323.85M | $216.87M | $3.11M | $324.09M | $331.56M | $0 | $0 | $352.07M | $0 | $303.6M | $48M | $48M | $265.24M | $112.5M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $4.57M | $26.98M | $327.41M | -$324.09M | -$331.56M | $348.11M | $0 | -$352.07M | $0 | -$216.61M | $0 | $0 | $0 | -$112.5M |
| Total Long-Term Liabilities | $328.41M | $216.87M | $330.53M | $328.02M | $337.66M | $348.11M | $3.78M | $354.36M | $86.99M | $86.98M | $48M | $48M | $265.24M | $112.5M |
| Other Liabilities | $0 | $0 | $334.94M | -$328.02M | -$337.66M | -$16.49M | $353.2M | -$354.36M | $265.39M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $332.06M | $352.44M | $334.94M | $328.02M | $337.66M | $364.6M | $361.35M | $354.36M | $366.13M | $356.02M | $300.74M | $300.35M | $307.33M | $142.28M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $20.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $372K | $372K | $372K | $374K | $374K | $374K | $374K | $374K | $377K | $378K | $378K | $379K | $379K | $161K |
| Retained Earnings | -$62.11M | -$11.23M | -$20.03M | -$40.12M | $42.74M | $56.84M | $82.83M | $31.18M | -$948K | -$965K | $73.03M | $54.55M | $36.13M | $33.1M |
| Comprehensive Income & Other | -$62.11M | $0 | -$20.03M | -$40.12M | $0 | $0 | $0 | $0 | $0 | $25.42M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $501.38M | $519.57M | $525.85M | $528.72M | $528.78M | $528.81M | $528.82M | $528.85M | $555.66M | $558.96M | $533.83M | $537.61M | $538.05M | $227.93M |
| Total Equity | $439.65M | $508.71M | $506.19M | $488.98M | $571.9M | $586.03M | $612.02M | $560.39M | $555.09M | $558.37M | $607.24M | $592.54M | $574.56M | $261.2M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $771.71M | $861.16M | $841.13M | $817M | $909.56M | $950.62M | $973.37M | $914.76M | $921.22M | $914.39M | $907.98M | $892.89M | $881.89M | $403.48M |
| Supplementary Data | ||||||||||||||
| Total Debt | $327.49M | $325.46M | $329.83M | $324.09M | $331.56M | $347.35M | $3.78M | $352.07M | $351.46M | $352.89M | $297.44M | $294.57M | $302.41M | $138.31M |
| Net Debt | $327.49M | $323.74M | $3.11M | $320.1M | $326.4M | $1.85M | $3.78M | $350.05M | $351.14M | $348.56M | $297.44M | $293.82M | $301.36M | $135.18M |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-08-31 | 2024-02-29 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-29 | 2019-02-28 | 2018-02-28 | 2017-02-28 | 2016-04-30 | 2015-04-30 | 2014-04-30 | 2013-04-30 |
| Operating Activities | |||||||||||||
| Net Income | $32.55M | $32.55M | -$64.28M | $10.69M | -$1.86M | $74.28M | $33.66M | $23.06M | $47.66M | $47.66M | $50.02M | $12.23M | $21.52M |
| Depreciation & Amortization | $34K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | -$1.81M | -$1.81M | -$721K | $4.96M | $322K | -$5.05M | $13.03M | $591K | -$1.24M | -$7.25M | $53K | -$9.53M | $12K |
| Inventory | $0 | $0 | $2.46M | $10.99M | -$12.39M | -$2M | $11.82M | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $18.37M | $1.07M | -$2.46M | -$10.99M | $12.39M | $2M | -$11.82M | $0 | $49K | $0 | $0 | $0 | $0 |
| Other Working Capital | -$35K | -$35K | -$1.39M | -$11M | $11.44M | $3.25M | -$12.26M | -$44K | $266K | -$426K | -$702K | $1.36M | $56K |
| Total Working Capital Change | -$1.84M | -$771K | -$2.11M | -$6.04M | $11.76M | -$1.8M | $775K | $12.31M | -$925K | -$7.67M | -$649K | -$8.16M | $68K |
| Other Non-Cash Items | -$25.24M | -$26.28M | $92.14M | $39.4M | $23.89M | -$55.62M | -$4.21M | -$11.38M | $49.74M | -$10.61M | -$9.2M | -$141.49M | -$12.41M |
| Net Cash from Operating | $5.51M | $5.51M | $25.75M | $44.05M | $33.79M | $16.86M | $30.23M | $24M | $23.2M | $29.39M | $40.17M | -$137.42M | $9.18M |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$120.16M | -$108.7M | -$124.52M | -$107.14M | -$94.45M | -$93.12M | -$75.24M | $0 | -$200.13M | $0 | $0 | $0 | $0 |
| Sales of Investments | $101.68M | $111.63M | $125.97M | $132.99M | $91.08M | $91.08M | $78.34M | $0 | $149.65M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$18.48M | $2.93M | $1.45M | $25.85M | -$3.37M | -$2.04M | $3.09M | $0 | -$50.48M | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | $1.27M | -$2.6M | $7.5M | $15.82M | $4.66M | -$3.78M | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $5.77M | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$1.86M | -$1.86M | $0 | $0 | $0 | $0 | -$4.4M | -$197K | $0 | -$1.59M | -$62K | -$214K | $0 |
| Dividends Paid | -$13.35M | -$13.35M | -$19.41M | -$24.99M | -$23.94M | -$22.53M | -$24.17M | -$26.34M | -$29.69M | -$31.42M | -$32.11M | -$16.41M | -$14.37M |
| Other Financing Activities | $10.1M | $0 | $0 | $0 | -$4.66M | $3.64M | $87.56M | -$1.47M | $61.3M | $2.87M | -$8.3M | $151.96M | -$544K |
| Net Cash from Financing | -$9.49M | -$9.49M | -$26.92M | -$40.81M | -$32.38M | -$18.88M | -$28.01M | -$28.01M | $31.61M | -$30.14M | -$40.47M | $135.34M | -$14.91M |
| Forex Effect | $6.61M | $0 | -$1.45M | -$25.85M | $3.37M | $2.04M | -$3.09M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$3.99M | -$1.06M | -$1.17M | $3.24M | $1.41M | -$2.02M | $2.22M | -$4.01M | $4.33M | -$753K | -$295K | -$2.08M | -$5.73M |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $5.51M | $5.51M | $25.75M | $44.05M | $33.79M | $16.86M | $30.23M | $24M | $23.2M | $29.39M | $40.17M | -$137.42M | $9.18M |
| Capital Expenditure | $4 | -$4 | $0 | $5 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $5.51M | $5.51M | $25.75M | $44.05M | $33.79M | $16.86M | $30.23M | $24M | $23.2M | $29.39M | $40.17M | -$137.42M | $9.18M |
| Cash at Beginning | $3.99M | $3.99M | $5.16M | $1.92M | $515K | $2.54M | $319K | $4.33M | $0 | $753K | $1.05M | $3.13M | $8.86M |
| Cash at End | $1.73M | $2.93M | $3.99M | $5.16M | $1.92M | $515K | $2.54M | $319K | $4.33M | $0 | $753K | $1.05M | $3.13M |