Arqit Quantum Inc Financials

Arqit Quantum Inc (ARQQ) reported $293K in total revenue for fiscal year 2024. This represents a -54.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Arqit Quantum Inc (ARQQ) revenue declined by 54.2% year-over-year, from $640K to $293K in fiscal year 2024.

No, Arqit Quantum Inc (ARQQ) reported a net income of -$54.6M in fiscal year 2024, with a net profit margin of -18628.3%.

Arqit Quantum Inc (ARQQ) reported diluted earnings per share of $-4.74 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2024, Arqit Quantum Inc (ARQQ) had $18.7M in cash and equivalents against $704K in long-term debt.

Arqit Quantum Inc (ARQQ) had a net profit margin of -18628.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Arqit Quantum Inc (ARQQ) has a return on equity of -461.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

Arqit Quantum Inc (ARQQ) generated -$34.1M in free cash flow during fiscal year 2024. This represents a -1.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Arqit Quantum Inc (ARQQ) generated -$34.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Arqit Quantum Inc (ARQQ) had $26.7M in total assets as of fiscal year 2024, including both current and long-term assets.

Arqit Quantum Inc (ARQQ) invested $6K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Arqit Quantum Inc (ARQQ) had 12M shares outstanding as of fiscal year 2024.

Arqit Quantum Inc (ARQQ) had a current ratio of 1.94 as of fiscal year 2024, which is generally considered healthy.

Arqit Quantum Inc (ARQQ) had a debt-to-equity ratio of 0.06 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Arqit Quantum Inc (ARQQ) had a return on assets of -204.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2024 data, Arqit Quantum Inc (ARQQ) had $18.7M in cash against an annual operating cash burn of $34.1M. This gives an estimated cash runway of approximately 7 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Arqit Quantum Inc (ARQQ) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Arqit Quantum Inc (ARQQ) has an earnings quality ratio of 0.63x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Arqit Quantum Inc (ARQQ) scores 27 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.