Arqit Quantum (ARQQ) Accumulated Expenses (2021 - 2024)
Arqit Quantum's (ARQQ) quarterly Accumulated Expenses came in at $4.2 million in Q1 2024, down 12.24% quarter-over-quarter from $4.8 million in Q3 2023.
Analysis
Arqit Quantum (ARQQ) Accumulated Expenses (2021 - 2024) Analysis & Trends
Arqit Quantum (ARQQ) has reported Accumulated Expenses for 4 consecutive years, with $4.2 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Accumulated Expenses changed N/A year-over-year to $4.2 million; the trailing twelve-month figure through Mar 2024 stood at $4.2 million (changed N/A YoY), and the FY2023 full-year result was $4.8 million, up 26.77% from the prior year.
- Accumulated Expenses retreated to $4.2 million in Q1 2024 per ARQQ's latest filing, from $4.8 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $4.8 million in Q3 2023 and bottomed at -$844864.0 in Q1 2021.
- Historically, Accumulated Expenses has averaged $3.0 million across 4 years, with a median of $4.0 million in 2022.
- The widest YoY moves for Accumulated Expenses: up 26.77% in 2023, down 26.77% in 2023.
- Over 4 years, Accumulated Expenses stood at -$844864.0 in 2021, then soared by 550.13% to $3.8 million in 2022, then rose by 26.77% to $4.8 million in 2023, then slipped by 12.24% to $4.2 million in 2024.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $4.2 million, $4.8 million, and $3.8 million for Q1 2024, Q3 2023, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | IonQ | 10.45 Bn | 8.33 Bn | 19.94 Mn |
| 2 | D-Wave Quantum | 6.60 Bn | 6.60 Bn | 1.70 Mn |
| 3 | Rigetti Computing | 5.26 Bn | 5.26 Bn | 2.19 Mn |
| 4 | Quantum Computing | 1.86 Bn | 1.86 Bn | -1.17 Mn |
| 5 | Infleqtion | 1.48 Bn | 998.62 Mn | 2.17 Mn |
| 6 | BTQ Technologies | 406.47 Mn | 406.47 Mn | - |
| 7 | Quantum eMotion | 337.93 Mn | 337.93 Mn | - |
| 8 | Arqit Quantum | 310.37 Mn | 310.37 Mn | - |
| 9 | Horizon Quantum Holdings | 16.26 | -113.25 Mn | - |
| 10 | Xanadu Quantum Technologies | 9.57 | -312.78 Mn | 1.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 4.23 Mn |
| Sep 30, 2023 | 4.82 Mn |
| Sep 30, 2022 | 3.80 Mn |
| Mar 31, 2021 | -844,864.00 |