Arqit Quantum Inc

Company Profile

Arqit Quantum Inc had its IPO on 2021-09-07 under the ticker symbol ARQQ.

The company operates in the Technology sector and Software-Infrastructure industry. Arqit Quantum Inc has a staff strength of 145 employees.

Stock update

Shares of Arqit Quantum Inc opened at $0.69 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.63 - $0.69, and closed at $0.66.

This is a -0.3% slip from the previous day's closing price.

A total volume of 2,286,946 shares were traded at the close of the day’s session.

In the last one week, shares of Arqit Quantum Inc have slipped by -30.15%.

Arqit Quantum Inc's Key Ratios

Arqit Quantum Inc has a market cap of $90.86 million, indicating a price to book ratio of 16.7172 and a price to sales ratio of 50.3309.

In the last 12-months Arqit Quantum Inc’s revenue was $7.21 million with a gross profit of $6.46 million and an EBITDA of $-51037000. The EBITDA ratio measures Arqit Quantum Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Arqit Quantum Inc’s operating margin was 0% while its return on assets stood at -27.05% with a return of equity of 291.07%.

In Q1, Arqit Quantum Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Arqit Quantum Inc’s PE and PEG Ratio

Forward PE

25.641

Trailing PE

1.2419

PEG

Its diluted EPS in the last 12-months stands at $0.59 per share while it has a forward price to earnings multiple of 25.641 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Arqit Quantum Inc’s profitability.

Arqit Quantum Inc stock is trading at a EV to sales ratio of 161.2035 and a EV to EBITDA ratio of -4.1577. Its price to sales ratio in the trailing 12-months stood at 50.3309.

Arqit Quantum Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$30.97 million

Total Liabilities

$5.95 million

Operating Cash Flow

$0

Capital Expenditure

$6.11 million

Dividend Payout Ratio

0%

Arqit Quantum Inc ended 2024 with $30.97 million in total assets and $0 in total liabilities. Its intangible assets were valued at $30.97 million while shareholder equity stood at $19.64 million.

Arqit Quantum Inc ended 2024 with $0 in deferred long-term liabilities, $5.95 million in other current liabilities, 3000.00 in common stock, $-51785000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $12.24 million and cash and short-term investments were $12.24 million. The company’s total short-term debt was $1,365,000 while long-term debt stood at $0.

Arqit Quantum Inc’s total current assets stands at $14.16 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.70 million compared to accounts payable of $4.37 million and inventory worth $0.

In 2024, Arqit Quantum Inc's operating cash flow was $0 while its capital expenditure stood at $6.11 million.

Comparatively, Arqit Quantum Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.66

52-Week High

$10.67

52-Week Low

$0.7

Analyst Target Price

$9.5

Arqit Quantum Inc stock is currently trading at $0.66 per share. It touched a 52-week high of $10.67 and a 52-week low of $10.67. Analysts tracking the stock have a 12-month average target price of $9.5.

Its 50-day moving average was $1.08 and 200-day moving average was $2 The short ratio stood at 1.24 indicating a short percent outstanding of 0%.

Around 6020.5% of the company’s stock are held by insiders while 1373.8% are held by institutions.