Financhill
Buy
94

QBTS Quote, Financials, Valuation and Earnings

Last price:
$10.15
Seasonality move :
114.11%
Day range:
$7.62 - $10.20
52-week range:
$0.75 - $11.41
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
220.79x
P/B ratio:
43.19x
Volume:
261.2M
Avg. volume:
67.6M
1-year change:
392.72%
Market cap:
$2.7B
Revenue:
$8.8M
EPS (TTM):
-$0.69
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $5.2M $6.3M $7.2M $8.8M $8.8M
Revenue Growth (YoY) -- 21.69% 14.24% 22.1% 0.79%
 
Cost of Revenues $915K $1.8M $2.9M $4.1M $3.3M
Gross Profit $4.2M $4.5M $4.3M $4.6M $5.6M
Gross Profit Margin 82.27% 72.13% 59.25% 52.78% 63.02%
 
R&D Expenses $20.4M $25.4M $32.1M $37.9M $35.3M
Selling, General & Admin $15.3M $18.1M $31.6M $47.3M $47.5M
Other Inc / (Exp) $14.7M $2M $8.1M -$14K -$62.8M
Operating Expenses $35.7M $43.5M $63.7M $85.2M $82.8M
Operating Income -$31.5M -$38.9M -$59.5M -$80.5M -$77.2M
 
Net Interest Expenses $5.2M $4M $2.3M $2.2M $3.9M
EBT. Incl. Unusual Items -$22M -$41M -$53.7M -$82.7M -$143.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$22M -$41M -$53.7M -$82.7M -$143.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$22M -$41M -$53.7M -$82.7M -$143.9M
 
Basic EPS (Cont. Ops) -$0.20 -$0.37 -$0.45 -$0.60 -$0.75
Diluted EPS (Cont. Ops) -$0.20 -$0.37 -$0.45 -$0.60 -$0.75
Weighted Average Basic Share $109.7M $109.7M $119.6M $138M $192.1M
Weighted Average Diluted Share $109.7M $109.7M $119.6M $138M $192.1M
 
EBITDA -$14.1M -$34.4M -$49M -$80.8M -$138.1M
EBIT -$16.8M -$37M -$51.4M -$82.7M -$140M
 
Revenue (Reported) $5.2M $6.3M $7.2M $8.8M $8.8M
Operating Income (Reported) -$31.5M -$38.9M -$59.5M -$80.5M -$77.2M
Operating Income (Adjusted) -$16.8M -$37M -$51.4M -$82.7M -$140M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- $2.4M $2.4M $2.9M $2.3M
Revenue Growth (YoY) -- -- -1.28% 21.34% -20.54%
 
Cost of Revenues -- $877K $1.1M $939K $836K
Gross Profit -- $1.5M $1.3M $2M $1.5M
Gross Profit Margin -- 63.85% 55.53% 67.69% 63.79%
 
R&D Expenses -- $6.1M $10.3M $8M $9.8M
Selling, General & Admin -- $6.3M $12.1M $10.6M $12M
Other Inc / (Exp) -- $155K $3.3M -$1.3M -$65.4M
Operating Expenses -- $21.5M $22.4M $18.5M $21.7M
Operating Income -- -$20M -$21M -$16.5M -$20.2M
 
Net Interest Expenses -- $3.4M $83K -- $417K
EBT. Incl. Unusual Items -- -$23.3M -$17.8M -$16M -$86.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -$23.3M -$17.8M -$16M -$86.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$23.3M -$17.8M -$16M -$86.1M
 
Basic EPS (Cont. Ops) -- -$0.21 -$0.16 -$0.10 -$0.37
Diluted EPS (Cont. Ops) -- -$0.21 -$0.16 -$0.10 -$0.37
Weighted Average Basic Share -- $109.7M $111.6M $157.9M $233M
Weighted Average Diluted Share -- $109.7M $111.6M $157.9M $233M
 
EBITDA -- -$19.1M -$16.9M -$17.4M -$85.1M
EBIT -- -$19.8M -$17.7M -$17.8M -$85.7M
 
Revenue (Reported) -- $2.4M $2.4M $2.9M $2.3M
Operating Income (Reported) -- -$20M -$21M -$16.5M -$20.2M
Operating Income (Adjusted) -- -$19.8M -$17.7M -$17.8M -$85.7M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- $6.3M $7.2M $8.8M $8.8M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $1.9M $3M $4.1M $3.3M
Gross Profit -- $4.4M $4.2M $4.6M $5.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $25.2M $32.1M $37.9M $35.3M
Selling, General & Admin -- $18.1M $31.7M $47.3M $47.5M
Other Inc / (Exp) -- $2M $8.1M -$14K -$62.8M
Operating Expenses -- $43.3M $63.8M $85.2M $82.8M
Operating Income -- -$38.9M -$59.5M -$80.5M -$77.2M
 
Net Interest Expenses -- $4M $1.8M $2.2M $3.9M
EBT. Incl. Unusual Items -- -$41M -$53.3M -$82.7M -$143.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -$41M -$53.7M -$82.7M -$143.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$41M -$53.3M -$82.7M -$143.9M
 
Basic EPS (Cont. Ops) -- -$0.37 -$0.48 -$0.63 -$0.69
Diluted EPS (Cont. Ops) -- -$0.37 -$0.48 -$0.63 -$0.69
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -$34.4M -$49.1M -$80.8M -$138.1M
EBIT -- -$37M -$51.5M -$82.7M -$140M
 
Revenue (Reported) -- $6.3M $7.2M $8.8M $8.8M
Operating Income (Reported) -- -$38.9M -$59.5M -$80.5M -$77.2M
Operating Income (Adjusted) -- -$37M -$51.5M -$82.7M -$140M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $6.3M $7.2M $8.8M $8.8M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.9M $3M $4.1M $3.3M --
Gross Profit $4.4M $4.2M $4.6M $5.6M --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $25.2M $32.1M $37.9M $35.3M --
Selling, General & Admin $18.1M $31.7M $47.3M $47.5M --
Other Inc / (Exp) $2M $8.1M -$14K -$62.8M --
Operating Expenses $43.3M $63.8M $85.2M $82.8M --
Operating Income -$38.9M -$59.5M -$80.5M -$77.2M --
 
Net Interest Expenses $4M $1.8M $3.9M $3.9M --
EBT. Incl. Unusual Items -$41M -$53.3M -$82.7M -$143.9M --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$41M -$53.7M -$82.7M -$143.9M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$41M -$53.3M -$82.7M -$143.9M --
 
Basic EPS (Cont. Ops) -$0.37 -$0.48 -$0.63 -$0.69 --
Diluted EPS (Cont. Ops) -$0.37 -$0.48 -$0.63 -$0.69 --
Weighted Average Basic Share $439M $447.3M $541.6M $768M --
Weighted Average Diluted Share $439M $447.3M $541.6M $768M --
 
EBITDA -$34.4M -$49.1M -$80.8M -$138.1M --
EBIT -$37M -$51.5M -$82.7M -$140M --
 
Revenue (Reported) $6.3M $7.2M $8.8M $8.8M --
Operating Income (Reported) -$38.9M -$59.5M -$80.5M -$77.2M --
Operating Income (Adjusted) -$37M -$51.5M -$82.7M -$140M --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $21.3M $9.5M $7.1M $41.3M $178M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $590K $421K $757K $1.7M $1.4M
Inventory $2.5M $2.1M $2.2M $2.1M $1.7M
Prepaid Expenses $1.2M $1.1M $2.1M $1.9M --
Other Current Assets -- -- $1.4M $36K $4M
Total Current Assets $41.3M $16M $13.9M $47M $185M
 
Property Plant And Equipment $5.8M $11.8M $11.4M $10.8M $11.4M
Long-Term Investments $5K $1.2M $1.2M $1.2M --
Goodwill -- -- -- -- --
Other Intangibles $148K $272K $244K $179K --
Other Long-Term Assets -- -- -- -- $2.9M
Total Assets $47.5M $29.5M $26.9M $59.4M $199.9M
 
Accounts Payable $2.2M $2.1M $3.8M $1.5M $815K
Accrued Expenses $2M $2.4M $5M $2.7M $8.8M
Current Portion Of Long-Term Debt $355K $432K $1.9M $399K $348K
Current Portion Of Capital Lease Obligations $1.5M $1.7M $1.5M $1.4M $1.5M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $12M $10.4M $16M $11.3M $30.1M
 
Long-Term Debt $1.3M $30.3M $31.2M $63.9M $30.1M
Capital Leases -- -- -- -- --
Total Liabilities $14.7M $47.8M $56.4M $83.8M $137.2M
 
Common Stock $192.4M $189.9M $11K $16K $27K
Other Common Equity Adj -$10.5M -$10.4M -$10.4M -$10.5M -$10.5M
Common Equity -$157.2M -$208.2M -$29.5M -$24.5M $62.6M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $32.7M -$18.4M -$29.5M -$24.5M $62.6M
 
Total Liabilities and Equity $47.5M $29.5M $26.9M $59.4M $199.9M
Cash and Short Terms $21.3M $9.5M $7.1M $41.3M $178M
Total Debt $1.7M $30.7M $33.5M $64.2M $30.5M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents -- $9.5M $7.1M $41.3M $178M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- $421K $757K $1.7M $1.4M
Inventory -- $2.1M $2.2M $2.1M $1.7M
Prepaid Expenses -- $1.1M $2.1M $1.9M --
Other Current Assets -- -- $1.4M $36K $4M
Total Current Assets -- $16M $13.9M $47M $185M
 
Property Plant And Equipment -- $11.8M $11.4M $10.8M $11.4M
Long-Term Investments -- $1.2M $1.2M $1.2M --
Goodwill -- -- -- -- --
Other Intangibles -- $272K $244K $179K --
Other Long-Term Assets -- -- -- -- $2.9M
Total Assets -- $29.5M $26.9M $59.4M $199.9M
 
Accounts Payable -- $2.1M $3.8M $1.5M $815K
Accrued Expenses -- $2.4M $5M $2.7M $8.8M
Current Portion Of Long-Term Debt -- $432K $1.9M $399K $348K
Current Portion Of Capital Lease Obligations -- $1.7M $1.5M $1.4M $1.5M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- $10.4M $16M $11.3M $30.1M
 
Long-Term Debt -- $30.3M $31.2M $63.9M $30.1M
Capital Leases -- -- -- -- --
Total Liabilities -- $47.8M $56.4M $83.8M $137.2M
 
Common Stock -- $189.9M $11K $16K $27K
Other Common Equity Adj -- -$10.4M -$10.4M -$10.5M -$10.5M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- -$18.4M -$29.5M -$24.5M $62.6M
 
Total Liabilities and Equity -- $29.5M $26.9M $59.4M $199.9M
Cash and Short Terms -- $9.5M $7.1M $41.3M $178M
Total Debt -- $30.7M $33.5M $64.2M $30.5M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$22M -$41M -$53.7M -$82.7M -$143.9M
Depreciation & Amoritzation $2.7M $2.6M $2.3M $1.8M $1.9M
Stock-Based Compensation $3M $1.7M $9.2M $21.9M $15.7M
Change in Accounts Receivable -$1.1M $2.4M $995K -$554K $137K
Change in Inventories -$652K $182K -$148K -$237K -$215K
Cash From Operations -$29.3M -$34.8M -$45.2M -$60.6M -$42.6M
 
Capital Expenditures $789K $2M $498K $630K $2.4M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$789K -$2M -$498K -$630K -$3.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $111K $20M $29M --
Long-Term Debt Repaid -- -$430K -$21.9M -$2.3M -$30.4M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$542K $25.1M $5M $66.9M -$3.1M
Cash From Financing $43.1M $24.9M $43.3M $95.6M $182.5M
 
Beginning Cash (CF) $8.3M $21.3M $9.5M $7.1M $41.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $13.1M -$11.9M -$2.5M $34.4M $136.7M
Ending Cash (CF) $21.3M $9.5M $7.1M $41.3M $178M
 
Levered Free Cash Flow -$30.1M -$36.8M -$45.7M -$61.3M -$45M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -- -$23.3M -$17.8M -$16M -$86.1M
Depreciation & Amoritzation -- $703K $802K $444K $574K
Stock-Based Compensation -- $1.2M $5.8M $4.6M $3.9M
Change in Accounts Receivable -- $13.1M -$454K -$561K $15K
Change in Inventories -- $211K $536K -$2K $83K
Cash From Operations -- -$7.2M -$10.9M -$14.7M $2M
 
Capital Expenditures -- $292K $182K $454K $963K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$292K -$182K -$454K -$963K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $111K -$290K -- --
Long-Term Debt Repaid -- -$8K -$1.5M -$1.9M -$13.6M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- $8.8M $5.1M $66.6M -$1.7M
Cash From Financing -- $8.9M $4.3M $3.2M $147.6M
 
Beginning Cash (CF) -- $8M $13.8M $53.3M $29.3M
Foreign Exchange Rate Adjustment -- -$8K $72K -$45K $89K
Additions / Reductions -- $1.4M -$6.8M -$12M $148.6M
Ending Cash (CF) -- $9.5M $7.1M $41.3M $178M
 
Levered Free Cash Flow -- -$7.5M -$11.1M -$15.2M $1.1M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -- -$41M -$53.7M -$82.7M -$143.9M
Depreciation & Amoritzation -- $2.6M $2.3M $1.8M $1.9M
Stock-Based Compensation -- $1.7M $9.2M $21.9M $15.7M
Change in Accounts Receivable -- $2.4M $995K -$554K $137K
Change in Inventories -- $182K -$148K -$237K -$215K
Cash From Operations -- -$34.8M -$45.2M -$60.6M -$42.6M
 
Capital Expenditures -- $2M $498K $630K $2.4M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$2M -$498K -$630K -$3.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $111K $20M -- --
Long-Term Debt Repaid -- -$430K -$21.9M -$2.3M -$30.4M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- $25.1M $5M $66.9M -$3.1M
Cash From Financing -- $24.9M $43.3M $95.6M $182.5M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -$11.9M -$2.5M $34.4M $136.7M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -$36.8M -$45.7M -$61.3M -$45M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders -$41M -$53.7M -$82.7M -$143.9M --
Depreciation & Amoritzation $2.6M $2.3M $1.8M $1.9M --
Stock-Based Compensation $1.7M $9.2M $21.9M $15.7M --
Change in Accounts Receivable $2.4M $995K -$554K $137K --
Change in Inventories $182K -$148K -$237K -$215K --
Cash From Operations -$34.8M -$45.2M -$60.6M -$42.6M --
 
Capital Expenditures $2M $498K $630K $2.4M --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$2M -$498K -$630K -$3.1M --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $111K $20M $29M -- --
Long-Term Debt Repaid -$430K -$21.9M -$2.3M -$30.4M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $25.1M $5M $66.9M -$3.1M --
Cash From Financing $24.9M $43.3M $95.6M $182.5M --
 
Beginning Cash (CF) $64.2M $51.4M $76.9M $138.7M --
Foreign Exchange Rate Adjustment $34K $41K -$115K $7K --
Additions / Reductions -$11.9M -$2.5M $34.4M $136.7M --
Ending Cash (CF) $52.3M $49M $111.1M $275.4M --
 
Levered Free Cash Flow -$36.8M -$45.7M -$61.3M -$45M --

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