Q/C Technologies Inc

Q/C Technologies Inc has a market capitalization of $40.29 million and a price-to-book ratio of 3.93, indicating a premium valuation relative to its book value. The company's liquidity position is weak, with a current ratio of 0.62, suggesting that it may struggle to meet short-term obligations with its current assets. The company holds $225,660 in cash and equivalents, which is significantly lower than its operating cash outflow of $1.76 million, highlighting a liquidity constraint.

Profitability metrics are negative, with a return on equity of -95.69% and a return on assets of -67.62%, indicating that the company is not generating returns for its shareholders or effectively utilizing its assets. The company reported a net loss of $9.8 million and an operating loss of $2.78 million, which are below the industry median for profitability in the blockchain and cryptocurrency sector.

The company's revenue is not disclosed in the latest financials, but the analyst estimate for the last actual revenue is $3.93 million. There is no information provided on the geographic or segmental breakdown of this revenue, making it difficult to assess the concentration of risk or growth potential in specific markets or product lines.

Looking ahead, the company's growth trajectory is uncertain, as there are no disclosed revenue growth rates or future projections. The absence of long-term debt and a debt-to-equity ratio of 0.0 suggests that the company is not leveraging debt to finance its operations, which could limit its growth potential. The company's liquidity risk is low, and there are no immediate filing-based dilution flags, indicating that the company is not currently issuing new shares to raise capital.

Recent events and filings do not provide specific details on the company's strategic initiatives or operational changes. The company's financial performance, as reflected in its net loss and operating loss, suggests that it is still in a development or early growth phase, where it is investing in operations without yet achieving profitability.

The company's risk profile is characterized by low liquidity and dilution risk, but its financial performance is weak, with negative returns on equity and assets. The company's capital structure is currently debt-free, which reduces financial risk but may also limit its ability to scale operations through external financing.

Q/C Technologies Inc (QCLS.O) has recorded a notable addition to its shareholder base, marking the first analysis for this ticker. As of June 30, 2024, an investor identified by ID 466 acquired a position of 3,803 shares, valued at approximately $0.007 million. This activity represents a new entry in the company's ownership structure, with the holding constituting a negligible weight of 1.59e-07 percent of the total equity. The significance of this change is contextualized by the company's current market profile, which lacks coverage from financial analysts and membership in major indices. With zero analysts tracking the stock and no index inclusions, the addition of a new holder stands out as a primary signal of interest in an otherwise thinly followed entity. The absence of prior data points means this transaction serves as the initial baseline for monitoring ownership trends. Despite the new investment, the company's governance and institutional support remain minimal. The firm currently reports zero officers and has only seven top holders in total. This limited holder count underscores the concentrated nature of its ownership, where even small share acquisitions can represent a distinct shift in the shareholder composition. This development matters for investors monitoring early-stage or micro-cap entities where traditional metrics like analyst estimates or index flows are unavailable. The entry of a new holder provides a tangible data point for assessing liquidity and interest, offering a starting reference for future delta computations in a market segment characterized by sparse public information.

The company maintains zero long-term debt across all reported fiscal years, eliminating interest expense obligations.

A current ratio of 6.74 indicates strong short-term liquidity to cover immediate operational liabilities.

Risk flags for dilution, liquidity, and credit are all assessed at low levels, suggesting manageable near-term risks.

The debt-to-equity ratio matches the cohort median of zero, indicating standard capital structure for the sector.

The company generated zero revenue across all five reported fiscal periods, indicating a lack of commercial operations.

Net income deteriorated significantly, worsening from negative $11.6 million in 2018 to negative $29.9 million in the latest period.

Cash conversion of 0.18 falls below the cohort median of 0.4, indicating weaker cash generation efficiency.

Revenue $0.00; Operating income −138,2% YoY.

• ▍Revenue $0.00
• ▍Operating income −138,2% YoY
• ▍Net income −185,6% YoY

Revenue $0.00; Operating income −3,6% YoY.

• ▍Revenue $0.00
• ▍Operating income −3,6% YoY
• ▍Net income −45,7% YoY

Revenue $0.00; Operating income +44,4% YoY.

• ▍Revenue $0.00
• ▍Operating income +44,4% YoY
• ▍Net income +81,2% YoY

Revenue $0.00; Operating income −12,7% YoY.

• ▍Revenue $0.00
• ▍Operating income −12,7% YoY
• ▍Net income +50,2% YoY

Revenue $0.00; Operating income +41,8% YoY.

• ▍Revenue $0.00
• ▍Operating income +41,8% YoY
• ▍Net income −484,0% YoY

Revenue $0.00; Operating income −13,2% YoY.

• ▍Revenue $0.00
• ▍Operating income −13,2% YoY
• ▍Net income +73,7% YoY

Revenue $0.00; Operating income +48,9% YoY.

• ▍Revenue $0.00
• ▍Operating income +48,9% YoY
• ▍Net income +49,1% YoY