Quantum X Labs Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1.57	4.97	79.61	96.6	45.22
Revenue Growth (YoY)	-68.42%	-93.76%	-17.59%	113.61%	47008.33%
Cost of Revenue	0.3	1.73	70.45	83.01	37.42
Gross Profit	1.27	3.24	9.16	13.59	7.8
Selling, General & Admin	1.73	2.16	5.68	4.64	2.73
Depreciation & Amortization Expenses	-0.85	-0.81	2.95	2.81	1.94
Research & Development	0.07	0.83	2.89	3.26	2.37
Other Operating Expenses	0.81	0.27	5.11	0.17	0.22
Total Operating Expenses	1.76	2.45	16.63	10.87	7.26
Operating Income	-2.18	-0.84	7.47	2.73	0.54
Other Non-Operating Income (Expense)	-11.25	-2.61	-1.28	-1.46	0.14
Total Non-Operating Income (Expense)	-11.25	-2.61	-1.28	-1.46	0.14
Pretax Income	-13.44	-3.45	8.75	1.27	0.68
Provision for Income Taxes	-0.04	0.13	-0.07	0.15	0.09
Net Income	19.29	12.05	7.32	0.03	0.3
Minority Interest in Earnings	3.06	4.11	1.36	1.09	0.29
Earnings From Discontinued Operations	1.53	2.05	-	-	-
Net Income to Common	19.29	12.05	7.32	0.03	0.3
Net Income Growth	60.00%	64.59%	26053.57%	-90.67%	-
Shares Outstanding (Basic)	8	4	4	4	4
Shares Outstanding (Diluted)	8	4	4	4	4
Shares Change (YoY)	89.32%	20.43%	-1.19%	-	1250.10%
EPS (Basic)	2.28	2.69	1.97	-	0.08
EPS (Diluted)	2.28	2.69	1.97	-	0.08
EPS Growth	-15.24%	36.55%	-	-	-
Shares Outstanding	10.67	5.3	3.73	3.7	3.7
Free Cash Flow	51.57	33.33	0.92	3.18	4.06
Free Cash Flow Growth	54.70%	3531.05%	-71.12%	-21.60%	-
Free Cash Flow Per Share	6.09	7.45	0.25	0.85	1.08
Gross Margin	81.07%	65.18%	11.51%	14.07%	17.25%
Operating Margin	-139.20%	-16.84%	9.39%	2.82%	1.20%
Profit Margin	1326.64%	283.88%	10.91%	1.16%	1.31%
FCF Margin	3286.49%	670.82%	1.15%	3.29%	8.97%
EBITDA	-1.34	-0.02	10.42	5.54	2.48
EBITDA Margin	-85.15%	-0.48%	13.09%	5.73%	5.49%
EBIT	-2.18	-0.84	7.47	2.73	0.54
EBIT Margin	-139.20%	-16.84%	9.39%	2.82%	1.20%
Effective Tax Rate	0.29%	-3.80%	-0.75%	12.05%	13.22%

Updated Mar 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q