NASDAQ : HQ
Horizon Quantum Holdings Ltd. — Financial statements
Other · Singapore
Last price 14.04 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 757.77M
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Financial statements
Horizon Quantum Holdings Ltd. (HQ) reported revenue of 175.00 USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 175.00 | 38.87K | 263.79K | 37.88K |
| Gross Profit | 175.00 | 38.87K | 263.79K | 37.88K |
| Selling, General & Admin | 11.72M | 8.05M | 2.86M | 1.94M |
| Research & Development | 8.48M | 8.32M | 2.53M | 1.70M |
| Operating Expenses | 21.31M | 17.19M | 6.02M | 3.83M |
| Operating Income | -21.31M | -17.15M | -5.75M | -3.79M |
| Interest Expense | -10.09K | -9.29K | -36.24K | -1.77K |
| Currency Exchange Gain (Loss) | -356.10K | -346.21K | 215.13K | -125.79K |
| Other Non Operating Income (Expenses) | -105.26M | -428.44K | 90.92K | 1.16K |
| Pretax Income | -128.89M | -17.93M | -5.48M | -3.92M |
| Net Income | -128.89M | -17.93M | -5.48M | -3.92M |
| Net Income to Common | -128.89M | -17.93M | -5.48M | -3.92M |
| Shares Outstanding (Basic) | 19.83M | 16.02M | 16.02M | 16.02M |
| Shares Outstanding (Diluted) | 19.83M | 16.02M | 16.02M | 16.02M |
| EPS (Basic) | -6.50 | -1.12 | -0.34 | -0.24 |
| EPS (Diluted) | -6.50 | -1.12 | -0.34 | -0.24 |
| Free Cash Flow | -21.40M | -10.61M | -7.45M | -4.12M |
| Free Cash Flow Per Share | -1.08 | -0.66 | -0.47 | -0.26 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | -12,174,603.43% | -44,115.01% | -2,180.94% | -10,017.21% |
| Profit Margin | -73,648,797.14% | -46,131.70% | -2,078.66% | -10,350.90% |
| Free Cash Flow Margin | -12,229,252.57% | -27,292.92% | -2,822.93% | -10,888.24% |
| EBITDA | -20.20M | -16.33M | -5.13M | -3.59M |
| D&A For EBITDA | 1.11M | 818.68K | 626.61K | 200.32K |
| EBIT | -21.31M | -17.15M | -5.75M | -3.79M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 113.25M | 222.88K | 4.85M | 12.51M |
| Cash & Short-Term Investments | 113.25M | 222.88K | 4.85M | 12.51M |
| Receivables | 271.11K | |||
| Prepaid Expenses | 6.87M | 266.13K | 187.48K | 395.02K |
| Other Current Assets | 480.05K | 561.47K | ||
| Total Current Assets | 120.12M | 969.06K | 5.87M | 12.90M |
| Property, Plant & Equipment | 3.85M | 3.66M | 2.75M | 635.20K |
| Other Intangible Assets | 20.39K | 22.56K | 25.17K | 30.00K |
| Other Long-Term Assets | 51.72K | 175.07K | 69.68K | 33.48K |
| Total Assets | 124.05M | 4.83M | 8.72M | 13.60M |
| Accrued Expenses | 1.97M | 150.23K | 125.95K | |
| Current Portion of Leases | 325.13K | 395.92K | 261.30K | 20.65K |
| Other Current Liabilities | 3.22M | 7.03M | 364.59K | 24.19K |
| Total Current Liabilities | 3.55M | 9.40M | 776.13K | 170.79K |
| Long-Term Leases | 42.39K | 88.90K | 331.21K | |
| Total Liabilities | 80.37M | 9.49M | 1.11M | 170.79K |
| Common Stock | 187.16M | 3.89K | 3.66K | 3.79K |
| Additional Paid-In Capital | 9.00M | 7.42M | 2.21M | 2.16M |
| Retained Earnings | -152.44M | -34.63M | -15.74M | -10.60M |
| Comprehensive Income & Other | -46.68K | 112.42K | -7.03K | 5.76K |
| Total Common Equity | 43.68M | -27.10M | -13.54M | -8.43M |
| Shareholders' Equity | 43.68M | -4.66M | 7.61M | 13.43M |
| Total Liabilities & Equity | 124.05M | 4.83M | 8.72M | 13.60M |
| Total Debt | 367.52K | 484.82K | 592.51K | 20.65K |
| Net Cash (Debt) | 112.89M | -261.94K | 4.26M | 12.49M |
| Net Cash Per Share | 5.69 | -0.02 | 0.27 | 0.78 |
| Filing Date Shares Outstanding | 53.97M | 8.00M | 8.00M | 16.02M |
| Total Common Shares Outstanding | 53.97M | 8.00M | 8.00M | 16.02M |
| Working Capital | 116.57M | -8.43M | 5.10M | 12.73M |
| Book Value Per Share | 0.81 | -3.39 | -1.69 | -0.53 |
| Tangible Book Value | 43.66M | -27.12M | -13.56M | -8.46M |
| Tangible Book Value Per Share | 0.81 | -3.39 | -1.70 | -0.53 |
| Machinery | 3.43M | 1.93M | 592.90K | |
| Construction In Progress | 192.94K | |||
| Leasehold Improvements | 907.15K | 830.73K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -128.89M | -17.93M | -5.48M | -3.92M |
| Depreciation & Amortization | 1.11M | 818.68K | 626.61K | 200.32K |
| Stock-Based Compensation | 3.53M | 5.07M | 116.83K | 242.60K |
| Other Operating Activities | 105.61M | 842.98K | -188.43K | 128.71K |
| Change in Accounts Receivable | -154.91K | 116.62K | -109.91K | |
| Change in Accounts Payable | 3.59M | 1.47M | 369.61K | -83.25K |
| Change in Other Net Operating Assets | -584.59K | -594.58K | -775.10K | -248.38K |
| Operating Cash Flow | -15.78M | -10.21M | -5.44M | -3.68M |
| Capital Expenditures | -5.62M | -400.17K | -2.00M | -443.56K |
| Sale (Purchase) of Intangibles | -319.00 | |||
| Investing Cash Flow | -5.62M | -400.17K | -2.00M | -443.56K |
| Other Financing Activities | 106.53M | 5.89M | ||
| Financing Cash Flow | 133.71M | 5.89M | 5.03M | |
| Foreign Exchange Rate Adjustments | -34.15K | -211.36K | 201.87K | -122.96K |
| Net Cash Flow | 112.28M | -4.93M | -7.24M | 782.64K |
| Free Cash Flow | -21.40M | -10.61M | -7.45M | -4.12M |
| Free Cash Flow Margin | -12,229,252.57% | -27,292.92% | -2,822.93% | -10,888.24% |
| Free Cash Flow Per Share | -1.08 | -0.66 | -0.47 | -0.26 |
| Levered Free Cash Flow | -17.35M | 3.57M | -5.15M | |
| Unlevered Free Cash Flow | -17.35M | 3.57M | -5.12M | |
| Change in Working Capital | 2.85M | 987.54K | -515.40K | -331.63K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 757.77M | 55.95M | 41.77M | 83.73M |
| Last Close Price | 14.04 | 12.99 | 10.66 | 10.60 |
| PS Ratio | 4,330,103.00 | 1,439.42 | 158.35 | 2,210.26 |
| PB Ratio | 17.35 | -12.00 | 5.49 | 6.23 |
| Debt / Equity Ratio | 0.01 | -0.10 | 0.08 | 0.00 |
| Net Debt / Equity Ratio | -2.58 | -0.06 | -0.56 | -0.93 |
| Net Debt / EBITDA Ratio | 5.59 | -0.02 | 0.83 | 3.48 |
| Net Debt / FCF Ratio | 5.28 | -0.03 | 0.57 | 3.03 |
| Asset Turnover | 0.00 | 0.01 | 0.02 | |
| Quick Ratio | 31.91 | 0.02 | 6.60 | 73.24 |
| Current Ratio | 33.84 | 0.10 | 7.57 | 75.56 |
| Return on Equity (ROE) | -543.82% | -1,049.97% | -53.22% | |
| Return on Assets (ROA) | -20.72% | -152.21% | -32.87% | |
| Return on Capital Employed (ROCE) | -17.70% | 375.00% | -72.40% | -28.20% |
| Earnings Yield | -46.29% | -32.05% | -13.13% | -4.68% |
| FCF Yield | -2.82% | -18.96% | -17.83% | -4.93% |