Arqit Quantum Inc.
Arqit Quantum Inc. (ARQQW) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Arqit Quantum Inc. (ARQQW), covering cash flow, earnings, and balance sheets.
Arqit Quantum Inc. (ARQQW) Income Statement & Financial Overview
Explore comprehensive income reports for Arqit Quantum Inc. ARQQW, broken down by year and quarter.
| Metric | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| Revenue | $59500.00 | $59500.00 | $621000.00 | $0.00 |
| Cost of Revenue | $567000.00 | $567000.00 | $0.00 | $0.00 |
| Gross Profit | -$507500.00 | -$507500.00 | $621000.00 | $0.00 |
| Gross Profit Ratio | -$8.53 | -$8.53 | $1.00 | $0.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $9.01M | $9.01M | $30.37M | $0.00 |
| Operating Expenses | $7.81M | $7.81M | $30.37M | $0.00 |
| Total Costs & Expenses | $8.38M | $8.38M | $30.37M | $0.00 |
| Interest Income | $70000.00 | $70000.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $787500.00 | $787500.00 | $43812.00 | -$39586.00 |
| EBITDA | -$9.52M | -$9.52M | -$26.23M | $0.00 |
| EBITDA Ratio | -$160.02 | -$160.02 | -$42.24 | $0.00 |
| Operating Income | -$8.32M | -$10.31M | -$29.75M | $0.00 |
| Operating Income Ratio | -$139.82 | -$173.25 | -$47.90 | $0.00 |
| Other Income/Expenses (Net) | $266500.00 | $266500.00 | -$22.46M | $0.00 |
| Income Before Tax | -$8.05M | -$8.05M | -$52.21M | $0.00 |
| Income Before Tax Ratio | -$135.34 | -$135.34 | -$84.08 | $0.00 |
| Income Tax Expense | $0.00 | $0.00 | -$141000.00 | $0.00 |
| Net Income | -$23.84M | -$8.05M | -$48.56M | $0.00 |
| Net Income Ratio | -$400.61 | -$135.34 | -$78.19 | $0.00 |
| EPS | -$0.42 | -$0.05 | -$0.30 | $0.00 |
| Diluted EPS | -$1.24 | -$0.05 | -$0.30 | $0.00 |
| Weighted Avg Shares Outstanding | $19.21M | $162.24M | $163.55M | $0.00 |
| Weighted Avg Shares Outstanding (Diluted) | $6.49M | $162.24M | $163.55M | $0.00 |
Financial performance has remained strong, with revenue growing from $0.00 in Q3 2023 to $59500.00 in Q2 2024. Gross profit continued to perform well, with margins at -853% in the latest quarter. Operating income reached -$8.32M in Q2 2024, holding a steady -13982% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$9.52M. Net income dropped to -$23.84M, keeping EPS at -$0.42. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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