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D Wave Quantum Inc (QBTS)

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1.470 -0.050    -3.29%
25/04 - Closed. Currency in USD ( Disclaimer )
Pre Market
1.500
+0.030
+2.041%
8:16:26 - Real-time Data
Type:  Equity
Market:  United States
  • Volume: 2,170,011
  • Bid/Ask: 0.000 / 0.000
  • Day's Range: 1.440 - 1.520
D Wave Quantum 1.470 -0.050 -3.29%

NYSE:QBTS Financials

 
A brief overview of the NYSE:QBTS financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of D Wave Quantum Inc over time.

D-Wave Quantum Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 8.76 million compared to USD 7.17 million a year ago. Net loss was USD 82.72 million compared to USD 53.7 million a year ago. Basic loss per share from continuing operations was USD 0.6 compared to USD 0.45 a year ago. Diluted loss per share from continuing operations was USD 0.6 compared to USD 0.45 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

QBTS Income Statement

Gross margin TTM 52.77%
Operating margin TTM -919.68%
Net Profit margin TTM -944.45%
Return on Investment TTM 0%
 Total Revenue  Net Income
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Revenue 2.91 2.56 1.71 1.58
Gross Profit 1.97 1.53 0.705 0.421
Operating Income -16.54 -18.41 -20.91 -24.69
Net Income -16.01 -16.11 -25.9 -24.61

QBTS Balance Sheet

Quick Ratio MRQ 3.82
Current Ratio MRQ 4.18
LT Debt to Equity MRQ 0%
Total Debt to Equity MRQ -296.76%
 Total Assets  Total Liabilities
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Assets 59.36 70.18 24.91 27.46
Total Liabilities 83.84 85.3 52.8 34.77
Total Equity -24.48 -15.12 -27.89 -7.31

QBTS Cash Flow Statement

Cash Flow/Share TTM -0.38
Revenue/Share TTM 0.05
Operating Cash Flow  -131.02%
 Cash  Net Change in Cash
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities -14.74 -16.87 -15.47 -13.57
Cash From Investing Activities -0.454 -0.097 -0.003 -0.076
Cash From Financing Activities 3.23 62.75 14.06 15.59
Net Change in Cash -12.01 45.8 -1.47 1.92
* In Millions of USD (except for per share items)
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QBTS Comments

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Deneb Star
Deneb46 Mar 21, 2024 3:04PM ET
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dead company? dropping day by day a lot
Stephen Boyle
Stephen Boyle Mar 13, 2024 11:30AM ET
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Going to have massive Sales Growth this quarter. if you're looking for a high risk spec play this is a great one to add in the $2 range...
Stephen Boyle
Stephen Boyle Mar 13, 2024 11:30AM ET
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Disappointing can't trust management for their guidance on revenue growth 😔
Gilles Nadon
Gilles Nadon Feb 15, 2024 12:19PM ET
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bankrupt soon
Lorenzo Cavalle
Lorenzo Cavalle Feb 15, 2024 12:19PM ET
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+ 35%
Lorenzo Cavalle
Lorenzo Cavalle Oct 02, 2023 8:19AM ET
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Analyst David Williams of Benchmark Co. reaffirmed his Buy rating on D-Wave Quantum (QBTS) and set a $4.00 price target. Williams considers several factors in evaluating him, including the company's position as the sole provider of commercially deployed quantum computing applications in a customer's production environment. Additionally, D-Wave Quantum boasts an impressive customer base that includes well-known names like Mastercard, Deloitte, and Volkswagen. Williams also praises the company's Leap platform and Ocean development tools as the most complete and comprehensive solution on the market. Williams predicts a bright future for the quantum computing sector, citing an approaching inflection point that will trigger substantial value creation across various economic sectors. He highlights D-Wave Quantum's remarkable growth, evident in a 308% year-over-year increase in deal size among commercial customers, as well as strengthened customer engagement. The company's consistent booking trends and year-over-year growth help improve revenue visibility and linearity. Williams highlights the company's pre-built software, which allows D-Wave Quantum to take advantage of the growing demand for artificial intelligence. D-Wave Quantum's promising prospects and innovative solutions pave the way for success in the quantum computing industry as it continues to evolve and create new possibilities. source: fagenwasanni
Lorenzo Cavalle
Lorenzo Cavalle Oct 02, 2023 8:19AM ET
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go go
Lorenzo Cavalle
Lorenzo Cavalle Sep 27, 2023 12:17PM ET
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Institutional investors are buying
Jack Belforte
Jack Belforte Sep 23, 2023 12:19AM ET
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Avoid this one.
Jack Belforte
Jack Belforte Sep 08, 2023 7:00PM ET
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50 cents maybe
Jack Belforte
Jack Belforte Sep 04, 2023 8:13AM ET
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Another speculation gone South with more weakness to come.
matanel liberman
matanel liberman Aug 07, 2023 4:36PM ET
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Baxk to 3$ soon
Mary Hill
Mary Hill Aug 03, 2023 12:22PM ET
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Buyers paying premium but sell pressure is so high! Volume is so high otherwise! At least $100 when all those bottom sellers stocks are bought!
 
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