Horizon Quantum Holdings Ltd. (HQ)

Horizon Quantum Holdings Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	0.05	0.05	0.36	0.05
Revenue Growth (YoY)	-85.08%	-86.11%	620.00%	-
Gross Profit	0.05	0.05	0.36	0.05
Selling, General & Admin	12.02	10.36	3.9	2.55
Research & Development	12.38	10.7	3.46	2.24
Operating Expenses	25.64	22.11	8.21	5.06
Operating Income	-25.59	-22.06	-7.85	-5.01
Interest Expense	-0.01	-0.01	-0.05	-0
Currency Exchange Gain (Loss)	-0.37	-0.45	0.29	-0.17
Other Non Operating Income (Expenses)	3.3	-0.55	0.12	0
Pretax Income	-21.44	-23.07	-7.48	-5.18
Net Income	-21.44	-23.07	-7.48	-5.18
Net Income to Common	-21.44	-23.07	-7.48	-5.18
Shares Outstanding (Basic)	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16
EPS (Basic)	-1.30	-1.44	-0.47	-0.32
EPS (Diluted)	-1.30	-1.44	-0.47	-0.32
Free Cash Flow	-16.81	-13.65	-10.16	-5.44
Free Cash Flow Per Share	-1.02	-0.85	-0.63	-0.34
Gross Margin	100.00%	100.00%	100.00%	100.00%
Operating Margin	-51173.18%	-44114.67%	-2180.94%	-10017.34%
Profit Margin	-42874.37%	-46131.35%	-2078.66%	-10351.03%
Free Cash Flow Margin	-33629.78%	-27292.71%	-2822.94%	-10888.38%
EBITDA	-24.35	-21	-7	-4.74
D&A For EBITDA	1.24	1.05	0.86	0.26
EBIT	-25.59	-22.06	-7.85	-5.01

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