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Quantum Emotion Corp. (V:QNC)

Business Focus: Computer Hardware (NEC)

Sector:  Technology Industry:  Computer Hardware
 
Company Contact
Address: 2300 Alfred Nobel Blvd., Suite 209
MONTREAL QC H4S 2A4
Tel: N/A
Website: https://www.quantumemotion.com
IR: See website
Key People
Francis Bellido
President, Chief Executive Officer, Director
Marc Rousseau
Chief Financial Officer
 
Business Overview
Quantum eMotion Corp. is a Canada-based developer of cryptographic solutions. The Company is developing quantum random number generators (QRNG). It has launched its new QRNG2, an USB key that delivers pure entropy at 1.5 Gb/s. Its QRNG2 technology is the quantum random number generator, which is used in consumer electronics. QNG2 provides security to mobile and Internet transactions, Internet of Things (IoT) communication, machine-to- machine connections, networking equipment and cloud-based applications. Its technology is also applicable to others, such as datacenters, blockchain technologies, financial services, cloud-based information technology (IT) security infrastructure, classified government networks and communication systems, secure device keying (Internet of Things (IOT), automotive, consumer electronics) and quantum cryptography industry.
Financial Overview
For the fiscal year ended 31 December 2023, Quantum eMotion Corp revenues was not reported. Net loss decreased 15% to C$2.4M. Lower net loss reflects Loss on derecognition of intangible asse decrease from C$569K (expense) to C$0K, Share-based payments decrease of 73% to C$146K (expense), Management fees decrease of 25% to C$479K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $19.96M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$2.07M as of Dec 31, 2023
Net annual income (TTM): -$2.39M as of Dec 31, 2023
Free cash flow (TTM): -$2.08M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 150,502,838 as of Apr 17, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization