XNYSQBTS
Market cap2.37bUSD
Dec 23, Last price
8.15USD
1D
26.55%
1Q
766.98%
IPO
-18.50%
Name
D-Wave Quantum Inc
Chart & Performance
P/E
—
P/S
270.57
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
9m
+22.10%
Net income
-83m
L+112.27%
CFO
-61m
L+34.10%
Earnings
May 12, 2025
Profile
D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY |
|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | |
| Income | ||||
Revenues | 8,758 22.10% | 7,173 14.24% | 6,279 21.69% | |
Cost of revenue | 89,304 | 66,631 | 45,227 | |
Unusual Expense (Income) | ||||
NOPBT | (80,546) | (59,458) | (38,948) | |
NOPBT Margin | ||||
Operating Taxes | (12,562) | 2,529 | ||
Tax Rate | ||||
NOPAT | (80,546) | (46,896) | (41,477) | |
Net income | (82,715) 112.27% | (38,967) 14.36% | (34,074) 86.76% | |
Dividends | ||||
Dividend yield | ||||
Proceeds from repurchase of equity | (832) | 40,000 | 85 | |
BB yield | 0.69% | -23.22% | ||
| Debt | ||||
Debt current | 3,147 | 3,624 | 1,946 | |
Long-term debt | 79,280 | 24,204 | 27,900 | |
Deferred revenue | 79 | 9 | 54 | |
Other long-term liabilities | 1,630 | 1,892 | 18 | |
Net debt | 39,952 | 19,595 | 19,194 | |
| Cash flow | ||||
Cash from operating activities | (60,649) | (45,226) | (34,800) | |
CAPEX | (583) | (498) | (1,999) | |
Cash from investing activities | (630) | (498) | (1,999) | |
Cash from financing activities | 95,636 | 43,265 | 24,913 | |
FCF | (79,893) | (45,170) | (38,911) | |
| Balance | ||||
Cash | 41,307 | 7,065 | 9,483 | |
Long term investments | 1,168 | 1,168 | 1,169 | |
Excess cash | 42,037 | 7,874 | 10,338 | |
Stockholders' equity | (493,562) | (387,446) | (143,220) | |
Invested Capital | 544,815 | 402,169 | 167,481 | |
ROIC | ||||
ROCE | ||||
| EV | ||||
Common stock shares outstanding | 137,994 | 119,648 | 125,343 | |
Price | 0.88 -38.88% | 1.44 | ||
Market cap | 121,448 -29.51% | 172,293 | ||
EV | 161,400 | 191,888 | ||
EBITDA | (78,701) | (57,125) | (36,346) | |
EV/EBITDA | ||||
Interest | 37 | 4,633 | 1,728 | |
Interest/NOPBT | ||||