Financials D-Wave Quantum Inc.

Equities

QBTS

US26740W1099

IT Services & Consulting

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
1.44 USD -2.70% Intraday chart for D-Wave Quantum Inc. -9.43% +63.62%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 160.6 140.8 232.8 - -
Enterprise Value (EV) 1 160.6 140.8 232.8 232.8 232.8
P/E ratio -3.35 x -1.47 x -3.18 x -2.96 x -4.5 x
Yield - - - - -
Capitalization / Revenue 22.4 x 16.1 x 15 x 7.1 x 2.32 x
EV / Revenue 22.4 x 16.1 x 15 x 7.1 x 2.32 x
EV / EBITDA -3.34 x -2.59 x -4.46 x -4.12 x -7.21 x
EV / FCF - -2.3 x -4.2 x -4.11 x -4.98 x
FCF Yield - -43.5% -23.8% -24.4% -20.1%
Price to Book -27.9 x - -6.26 x -4.97 x -6.86 x
Nbr of stocks (in thousands) 111,506 159,928 161,689 - -
Reference price 2 1.440 0.8801 1.440 1.440 1.440
Announcement Date 4/14/23 3/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 7.173 8.758 15.53 32.8 100.4
EBITDA 1 -48.03 -54.31 -52.19 -56.45 -32.29
EBIT 1 -49.45 -55.35 -52.52 -55.55 -33.39
Operating Margin -689.4% -631.98% -338.15% -169.35% -33.27%
Earnings before Tax (EBT) 1 -51.53 -82.72 -72.15 -89.53 -65.16
Net income 1 -51.53 -82.72 -75.89 -84.04 -60.89
Net margin -718.37% -944.45% -488.58% -256.23% -60.67%
EPS 2 -0.4300 -0.6000 -0.4533 -0.4867 -0.3200
Free Cash Flow 1 - -61.23 -55.45 -56.7 -46.8
FCF margin - -699.16% -357% -172.86% -46.63%
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share - - - - -
Announcement Date 4/14/23 3/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1.713 1.371 1.695 2.4 1.583 1.707 2.562 2.906 3 3.475 4.1 4.941 5.665
EBITDA 1 - - -12.45 -14.45 -16.92 -14.92 -11.58 -10.9 -11.61 -12.34 -13.4 -14.26 -14.72
EBIT 1 - -11.98 -12.78 -14.84 -17.26 -15.18 -11.81 -11.1 -11.95 -12.71 -13.58 -14.26 -14.16
Operating Margin - -874.18% -754.28% -618.12% -1,090.02% -889.46% -460.93% -382.07% -398.47% -365.75% -331.34% -288.57% -249.98%
Earnings before Tax (EBT) 1 - - -13.05 -12.5 -24.61 -25.9 -15.83 -16.01 -16.25 -17.66 -18.75 -19.5 -20.74
Net income 1 -11.62 - -13.05 -12.5 -24.61 -25.9 -15.83 -16.01 -17.46 -18.67 -19.56 -20.22 -20.92
Net margin -678.05% - -770.09% -520.83% -1,554.52% -1,517.16% -617.84% -551.07% -582.09% -537.11% -477.15% -409.32% -369.29%
EPS 2 - - -0.1100 -0.1000 -0.2000 -0.2000 -0.1200 -0.1000 -0.1067 -0.1133 -0.1167 -0.1167 -0.1200
Dividend per Share - - - - - - - - - - - - -
Announcement Date 7/13/22 8/16/22 11/10/22 4/14/23 5/19/23 8/10/23 11/9/23 3/28/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - -61.2 -55.5 -56.7 -46.8
ROE (net income / shareholders' equity) - - - - -
ROA (Net income/ Total Assets) - - -114% -161% -117%
Assets 1 - - 66.74 52.36 52.13
Book Value Per Share 2 -0.0500 - -0.2300 -0.2900 -0.2100
Cash Flow per Share 2 - - -0.3200 -0.2700 -0.1800
Capex 1 - 0.58 1.5 2 4
Capex / Sales - 6.66% 9.66% 6.1% 3.99%
Announcement Date 4/14/23 3/28/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
1.44 USD
Average target price
3.167 USD
Spread / Average Target
+119.91%
Consensus
  1. Stock Market
  2. Equities
  3. QBTS Stock
  4. Financials D-Wave Quantum Inc.