Horizon Quantum Holdings Income Statement

Financials in millions SGD. Fiscal year is January - December.

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	0.05	0.36	0.05
Revenue Growth (YoY)	-86.11%	620.00%	-
Gross Profit	0.05	0.36	0.05
Selling, General & Admin	10.36	3.9	2.55
Research & Development	10.7	3.46	2.24
Operating Expenses	22.11	8.21	5.06
Operating Income	-22.06	-7.85	-5.01
Interest Expense	-0.01	-0.05	-0
Currency Exchange Gain (Loss)	-0.45	0.29	-0.17
Other Non Operating Income (Expenses)	-0.55	0.12	0
Pretax Income	-23.07	-7.48	-5.18
Net Income	-23.07	-7.48	-5.18
Net Income to Common	-23.07	-7.48	-5.18
Shares Outstanding (Basic)	16	16	16
Shares Outstanding (Diluted)	16	16	16
EPS (Basic)	-1.44	-0.47	-0.32
EPS (Diluted)	-1.44	-0.47	-0.32
Free Cash Flow	-13.65	-10.16	-5.44
Free Cash Flow Per Share	-0.85	-0.63	-0.34
Gross Margin	100.00%	100.00%	100.00%
Operating Margin	-44114.67%	-2180.94%	-10017.34%
Profit Margin	-46131.35%	-2078.66%	-10351.03%
Free Cash Flow Margin	-27292.71%	-2822.94%	-10888.38%
EBITDA	-21	-7	-4.74
D&A For EBITDA	1.05	0.86	0.26
EBIT	-22.06	-7.85	-5.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.