Quantum Computing Inc. (QUBT)

Quantum Computing Statistics

Total Valuation

QUBT has a market cap or net worth of $100.77 million. The enterprise value is $105.69 million.

Market Cap	100.77M
Enterprise Value	105.69M

Important Dates

The next confirmed earnings date is Wednesday, November 6, 2024, after market close.

Earnings Date	Nov 6, 2024
Ex-Dividend Date	n/a

Share Statistics

QUBT has 95.14 million shares outstanding. The number of shares has increased by 51.99% in one year.

Shares Outstanding	95.14M
Shares Change (YoY)	+51.99%
Shares Change (QoQ)	+14.18%
Owned by Insiders (%)	26.81%
Owned by Institutions (%)	4.22%
Float	65.84M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	269.18
Forward PS	65.88
PB Ratio	1.63
P/FCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	315.50
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.18, with a Debt / Equity ratio of 0.01.

Current Ratio	1.18
Quick Ratio	0.89
Debt / Equity	0.01
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-31.20

Financial Efficiency

Return on equity (ROE) is -35.24% and return on invested capital (ROIC) is -20.53%.

Return on Equity (ROE)	-35.24%
Return on Assets (ROA)	-18.81%
Return on Capital (ROIC)	-20.53%
Revenue Per Employee	$6,979
Profits Per Employee	-$531,833
Employee Count	48
Asset Turnover	0.00
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +25.41% in the last 52 weeks. The beta is 1.63, so QUBT's price volatility has been higher than the market average.

Beta (5Y)	1.63
52-Week Price Change	+25.41%
50-Day Moving Average	0.78
200-Day Moving Average	0.77
Relative Strength Index (RSI)	56.31
Average Volume (20 Days)	2,845,025

Short Selling Information

The latest short interest is 2.96 million, so 3.11% of the outstanding shares have been sold short.

Short Interest	2.96M
Short Previous Month	2.94M
Short % of Shares Out	3.11%
Short % of Float	4.50%
Short Ratio (days to cover)	6.95

Income Statement

In the last 12 months, QUBT had revenue of $335,000 and -$25.53 million in losses. Loss per share was -$0.32.

Revenue	335,000
Gross Profit	105,000
Operating Income	-24.77M
Pretax Income	-29.73M
Net Income	-25.53M
EBITDA	-21.43M
EBIT	-24.77M
Loss Per Share	-$0.32

Balance Sheet

The company has $2.53 million in cash and $708,000 in debt, giving a net cash position of $1.82 million or $0.02 per share.

Cash & Cash Equivalents	2.53M
Total Debt	708,000
Net Cash	1.82M
Net Cash Per Share	$0.02
Equity (Book Value)	65.53M
Book Value Per Share	0.69
Working Capital	522,000

Cash Flow

In the last 12 months, operating cash flow was -$17.26 million and capital expenditures -$4.19 million, giving a free cash flow of -$21.44 million.

Operating Cash Flow	-17.26M
Capital Expenditures	-4.19M
Free Cash Flow	-21.44M
FCF Per Share	-$0.23

Margins

Gross Margin	31.34%
Operating Margin	-7,395.22%
Pretax Margin	-7,491.94%
Profit Margin	n/a
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	-6,160.79%

Dividends & Yields

QUBT 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	-51.99%
Shareholder Yield	-51.99%
Earnings Yield	-23.74%
FCF Yield	-19.94%

Analyst Forecast

The average price target for QUBT is $8.75, which is 726.17% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$8.75
Price Target Difference	726.17%
Analyst Consensus	Strong Buy
Analyst Count	1
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on July 3, 2018. It was a reverse split with a ratio of 0.005:1.

Last Split Date	Jul 3, 2018
Split Type	Reverse
Split Ratio	0.005:1

Scores

QUBT has an Altman Z-Score of 0.38 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.38
Piotroski F-Score	3