NYSEAMERICAN : QNC
Quantum eMotion Corp. — Financial statements
Technology · Semiconductors · Canada
Last price 1 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 218.59M
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Financial statements
Quantum eMotion Corp. (QNC) reported revenue of 23.23K CAD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 23.23K | 11.17K | ||||
| Gross Profit | 23.23K | 11.17K | ||||
| Selling, General & Admin | 4.95M | 3.08M | 1.83M | 1.37M | 1.36M | 901.33K |
| Research & Development | 1.49M | 1.07M | 709.38K | 557.11K | 271.80K | 117.16K |
| Amortization of Goodwill & Intangibles | 509.72K | 22.31K | 22.30K | 22.30K | ||
| Operating Expenses | 14.69M | 11.03M | 2.96M | 2.10M | 2.19M | 1.30M |
| Operating Income | -14.67M | -11.02M | -2.96M | -2.10M | -2.19M | -1.30M |
| Interest Expense | -442.66K | -28.70K | -15.35K | -12.04K | -24.92K | -8.80K |
| Interest & Investment Income | 1.08M | 550.71K | 19.75K | 70.43K | 77.00K | 1.26K |
| Currency Exchange Gain (Loss) | 25.05K | -48.80K | -3.87K | -2.56K | -4.55K | |
| Other Non Operating Income (Expenses) | 102.00 | 100.00 | 22.04K | -265.47K | ||
| EBT Excluding Unusual Items | -14.00M | -10.55M | -2.96M | -2.04M | -2.12M | -1.58M |
| Gain (Loss) on Sale of Investments | -10.04K | 3.91K | -113.08K | 14.90K | ||
| Asset Writedown | -350.00K | -568.58K | ||||
| Pretax Income | -14.00M | -10.55M | -2.97M | -2.39M | -2.80M | -1.56M |
| Net Income | -14.00M | -10.55M | -2.97M | -2.39M | -2.80M | -1.56M |
| Net Income to Common | -14.00M | -10.55M | -2.97M | -2.39M | -2.80M | -1.56M |
| Shares Outstanding (Basic) | 207.24M | 186.70M | 148.43M | 135.50M | 134.47M | 103.96M |
| Shares Outstanding (Diluted) | 207.24M | 186.70M | 148.43M | 135.50M | 134.47M | 103.96M |
| EPS (Basic) | -0.07 | -0.06 | -0.02 | -0.02 | -0.02 | -0.02 |
| EPS (Diluted) | -0.07 | -0.06 | -0.02 | -0.02 | -0.02 | -0.02 |
| Free Cash Flow | -6.23M | -4.10M | -2.11M | -2.08M | -1.62M | -1.47M |
| Free Cash Flow Per Share | -0.03 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 |
| Gross Margin | 100.00% | 100.00% | ||||
| Operating Margin | -63,136.05% | -98,662.55% | ||||
| Profit Margin | -60,279.62% | -94,425.63% | ||||
| Free Cash Flow Margin | -26,795.08% | -36,740.31% | ||||
| EBITDA | -14.09M | -10.97M | -2.94M | -2.07M | -2.17M | -1.28M |
| D&A For EBITDA | 579.73K | 49.36K | 22.31K | 22.31K | 22.30K | 22.30K |
| EBIT | -14.67M | -11.02M | -2.96M | -2.10M | -2.19M | -1.30M |
| Advertising Expenses | 47.15K |
Balance sheet
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 315.76K | 246.65K | 1.36M | 315.63K | 2.59M | 1.02M |
| Short-Term Investments | 33.69M | 36.94M | 87.33K | 765.86K | 915.14K | 1.01M |
| Cash & Short-Term Investments | 34.00M | 37.19M | 1.45M | 1.08M | 3.51M | 2.04M |
| Accounts Receivable | 550.44K | 11.17K | ||||
| Other Receivables | 64.62K | 443.07K | 46.68K | 159.42K | 118.89K | 57.03K |
| Receivables | 615.07K | 454.24K | 46.68K | 159.42K | 118.89K | 57.03K |
| Prepaid Expenses | 760.16K | 103.02K | 34.64K | 53.15K | 35.85K | 50.19K |
| Total Current Assets | 35.38M | 37.75M | 1.53M | 1.29M | 3.66M | 2.14M |
| Property, Plant & Equipment | 194.75K | 82.56K | ||||
| Long-Term Investments | 2.86M | 4.75M | ||||
| Other Intangible Assets | 9.88M | 307.08K | 329.39K | 351.70K | 374.00K | 396.31K |
| Long-Term Deferred Charges | 560.85K | |||||
| Total Assets | 48.31M | 42.89M | 1.86M | 1.65M | 4.04M | 3.10M |
| Accounts Payable | 990.42K | 591.88K | 473.25K | 186.81K | 337.75K | 261.25K |
| Accrued Expenses | 72.56K | |||||
| Current Portion of Long-Term Debt | 40.00K | |||||
| Current Portion of Leases | 71.00K | 39.02K | ||||
| Total Current Liabilities | 1.06M | 630.90K | 473.25K | 186.81K | 377.75K | 333.82K |
| Long-Term Debt | 46.35K | 40.00K | 53.57K | |||
| Long-Term Leases | 88.86K | 16.96K | ||||
| Long-Term Unearned Revenue | 2.04K | |||||
| Total Liabilities | 10.16M | 647.86K | 519.61K | 226.81K | 377.75K | 389.43K |
| Common Stock | 58.46M | 58.11M | 15.46M | 13.41M | 13.41M | 10.17M |
| Additional Paid-In Capital | 11.85M | 7.93M | 1.54M | 1.17M | 1.02M | 506.60K |
| Retained Earnings | -35.00M | -26.68M | -16.13M | -13.16M | -10.77M | -7.97M |
| Comprehensive Income & Other | 2.85M | 2.87M | 463.56K | |||
| Shareholders' Equity | 38.16M | 42.24M | 1.34M | 1.42M | 3.66M | 2.71M |
| Total Liabilities & Equity | 48.31M | 42.89M | 1.86M | 1.65M | 4.04M | 3.10M |
| Total Debt | 159.87K | 55.98K | 46.35K | 40.00K | 40.00K | 53.57K |
| Net Cash (Debt) | 33.85M | 37.13M | 1.40M | 1.04M | 3.47M | 1.98M |
| Net Cash Per Share | 0.16 | 0.20 | 0.01 | 0.01 | 0.03 | 0.02 |
| Filing Date Shares Outstanding | 219.42M | 219.37M | 164.65M | 150.50M | 135.50M | 135.40M |
| Total Common Shares Outstanding | 219.42M | 218.59M | 164.65M | 135.50M | 135.50M | 114.01M |
| Working Capital | 34.32M | 37.12M | 1.05M | 1.11M | 3.29M | 1.81M |
| Book Value Per Share | 0.17 | 0.19 | 0.01 | 0.01 | 0.03 | 0.02 |
| Tangible Book Value | 28.28M | 41.93M | 1.01M | 1.07M | 3.29M | 2.32M |
| Tangible Book Value Per Share | 0.13 | 0.19 | 0.01 | 0.01 | 0.02 | 0.02 |
| Machinery | 48.91K | 31.93K |
Cash flow statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -14.00M | -10.55M | -2.97M | -2.39M | -2.80M | -1.56M |
| Depreciation & Amortization | 579.73K | 49.36K | 22.31K | 22.31K | 22.30K | 22.30K |
| Asset Writedown & Restructuring Costs | 350.00K | 568.58K | ||||
| Loss (Gain) From Sale of Investments | 128.56K | -295.24K | 10.04K | -3.91K | 113.08K | -14.90K |
| Stock-Based Compensation | 7.62M | 6.83M | 399.84K | 145.53K | 541.99K | 263.75K |
| Other Operating Activities | 297.64K | 297.64K | 6.53K | -15.61K | 3.73K | |
| Change in Accounts Receivable | 21.47K | -11.17K | 53.85K | -53.85K | ||
| Change in Accounts Payable | 404.96K | 66.90K | 286.44K | -150.94K | 3.94K | -85.20K |
| Change in Income Taxes | -481.40K | -396.39K | 58.89K | 13.32K | -61.86K | -49.56K |
| Change in Other Net Operating Assets | -749.69K | -68.74K | 18.51K | -17.30K | 14.34K | -44.64K |
| Operating Cash Flow | -6.18M | -4.07M | -2.11M | -2.08M | -1.62M | -1.47M |
| Capital Expenditures | -43.40K | -31.93K | ||||
| Sale (Purchase) of Intangibles | -350.00K | -7.73K | -339.89K | |||
| Investment in Securities | -13.23M | -41.31M | 668.49K | 153.20K | -13.30K | -1.00M |
| Investing Cash Flow | -14.77M | -41.34M | 668.49K | -196.80K | -21.03K | -1.34M |
| Long-Term Debt Issued | 27.62K | 20.00K | ||||
| Long-Term Debt Repaid | -46.35K | |||||
| Total Debt Repaid | -74.85K | -46.35K | ||||
| Net Debt Issued (Repaid) | -47.23K | -18.73K | 20.00K | |||
| Issuance of Common Stock | 9.93M | 35.74M | 1.88M | 3.21M | 3.87M | |
| Other Financing Activities | 10.25M | 8.58M | 606.91K | 340.00 | -84.21K | |
| Financing Cash Flow | 20.13M | 44.30M | 2.49M | 3.21M | 3.81M | |
| Miscellaneous Cash Flow Adjustments | -10.00 | -180.00 | ||||
| Net Cash Flow | -823.01K | -1.11M | 1.04M | -2.28M | 1.57M | 1.00M |
| Free Cash Flow | -6.23M | -4.10M | -2.11M | -2.08M | -1.62M | -1.47M |
| Free Cash Flow Margin | -26,795.08% | -36,740.31% | ||||
| Free Cash Flow Per Share | -0.03 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 |
| Levered Free Cash Flow | -1.93M | -412.72K | -1.02M | -1.71M | -872.89K | -1.05M |
| Unlevered Free Cash Flow | -1.65M | -394.78K | -1.01M | -1.70M | -857.31K | -1.05M |
| Change in Working Capital | -804.66K | -409.41K | 417.69K | -208.77K | -43.59K | -179.40K |
Ratios
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 213.39M | 798.71M | 206.17M | 4.62M | 9.01M | 14.39M |
| Enterprise Value | 189.13M | 780.73M | 205.99M | 3.38M | 6.27M | 12.85M |
| Last Close Price | 1.00 | 3.68 | 1.24 | 0.04 | 0.07 | 0.13 |
| PS Ratio | 13,362.02 | 98,033.23 | ||||
| PB Ratio | 8.14 | 25.93 | 221.73 | 4.30 | 3.33 | 6.71 |
| P/TBV Ratio | 10.98 | 26.12 | 294.15 | 5.71 | 3.71 | 7.86 |
| EV/Sales Ratio | 11,879.24 | 95,826.42 | ||||
| Debt / Equity Ratio | 0.00 | 0.00 | 0.04 | 0.03 | 0.01 | 0.02 |
| Net Debt / Equity Ratio | -0.89 | -0.88 | -1.05 | -0.73 | -0.95 | -0.73 |
| Net Debt / EBITDA Ratio | 2.40 | 3.38 | 0.48 | 0.50 | 1.60 | 1.55 |
| Net Debt / FCF Ratio | 5.44 | 9.05 | 0.66 | 0.50 | 2.14 | 1.35 |
| Asset Turnover | 0.00 | 0.00 | ||||
| Quick Ratio | 32.62 | 59.67 | 3.16 | 6.64 | 9.60 | 6.27 |
| Current Ratio | 33.33 | 59.83 | 3.23 | 6.93 | 9.70 | 6.42 |
| Return on Equity (ROE) | -45.02% | -48.41% | -215.38% | -93.98% | -88.03% | -106.55% |
| Return on Assets (ROA) | -25.15% | -30.79% | -105.59% | -46.11% | -38.39% | -43.21% |
| Return on Capital Employed (ROCE) | -31.00% | -26.10% | -213.80% | -143.70% | -59.90% | -47.10% |
| Earnings Yield | -4.95% | -0.96% | -1.00% | -39.14% | -23.00% | -8.58% |
| FCF Yield | -2.04% | -0.38% | -0.71% | -34.14% | -13.27% | -8.06% |
| Buyback Yield / Dilution | -22.84% | -25.78% | -9.54% | -0.76% | -29.35% | -71.76% |