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 |