D-Wave Quantum Inc. (QBTS)

D-Wave Quantum Statistics

Total Valuation

D-Wave Quantum has a market cap or net worth of $388.64 million. The enterprise value is $399.46 million.

Market Cap	388.64M
Enterprise Value	399.46M

Important Dates

The last earnings date was Thursday, November 14, 2024, before market open.

Earnings Date	Nov 14, 2024
Ex-Dividend Date	n/a

Share Statistics

D-Wave Quantum has 224.01 million shares outstanding. The number of shares has increased by 37.05% in one year.

Current Share Class	180.25M
Shares Outstanding	224.01M
Shares Change (YoY)	+37.05%
Shares Change (QoQ)	+17.11%
Owned by Insiders (%)	1.33%
Owned by Institutions (%)	43.64%
Float	177.28M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	30.70
Forward PS	18.08
PB Ratio	n/a
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	42.39
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.36

Current Ratio	1.36
Quick Ratio	1.19
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-43.38

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	-76.76%
Return on Capital (ROIC)	-97.78%
Revenue Per Employee	$47,120
Profits Per Employee	-$369,080
Employee Count	200
Asset Turnover	0.16
Inventory Turnover	1.62

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +94.41% in the last 52 weeks. The beta is 0.95, so D-Wave Quantum's price volatility has been similar to the market average.

Beta (5Y)	0.95
52-Week Price Change	+94.41%
50-Day Moving Average	1.14
200-Day Moving Average	1.31
Relative Strength Index (RSI)	61.76
Average Volume (20 Days)	12,489,657

Short Selling Information

The latest short interest is 16.10 million, so 7.19% of the outstanding shares have been sold short.

Short Interest	16.10M
Short Previous Month	15.79M
Short % of Shares Out	7.19%
Short % of Float	9.08%
Short Ratio (days to cover)	2.59

Income Statement

In the last 12 months, D-Wave Quantum had revenue of $9.42 million and -$73.82 million in losses. Loss per share was -$0.43.

Revenue	9.42M
Gross Profit	6.06M
Operating Income	-73.53M
Pretax Income	-67.21M
Net Income	-73.82M
EBITDA	-72.51M
EBIT	-73.53M
Loss Per Share	-$0.43

Balance Sheet

The company has $29.27 million in cash and $54.63 million in debt, giving a net cash position of -$25.36 million or -$0.11 per share.

Cash & Cash Equivalents	29.27M
Total Debt	54.63M
Net Cash	-25.36M
Net Cash Per Share	-$0.11
Equity (Book Value)	-16.92M
Book Value Per Share	-0.08
Working Capital	9.25M

Cash Flow

In the last 12 months, operating cash flow was -$59.40 million and capital expenditures -$1.60 million, giving a free cash flow of -$61.00 million.

Operating Cash Flow	-59.40M
Capital Expenditures	-1.60M
Free Cash Flow	-61.00M
FCF Per Share	-$0.27

Margins

Gross Margin	64.27%
Operating Margin	-780.27%
Pretax Margin	-783.28%
Profit Margin	n/a
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	-591.20%

Dividends & Yields

D-Wave Quantum does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-37.05%
Shareholder Yield	-37.05%
Earnings Yield	-19.73%
FCF Yield	-16.30%

Analyst Forecast

The average price target for D-Wave Quantum is $2.63, which is 51.59% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$2.63
Price Target Difference	51.59%
Analyst Consensus	Strong Buy
Analyst Count	6
Revenue Growth Forecast (5Y)	74.71%
EPS Growth Forecast (5Y)	-39.26%

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

D-Wave Quantum has an Altman Z-Score of -17.99 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-17.99
Piotroski F-Score	4