Quantum X Labs (QXL) Gross Profit (2018 - 2022)
Quantum X Labs (QXL) posted Gross Profit of $2,000 for Q2 2022, down 88.2% from $17,000 a year earlier but up 100.0% from the prior quarter.
Quantum X Labs (QXL) Gross Profit (2018 - 2022) Analysis & Trends
For the trailing twelve months through Jun 30, 2022, Gross Profit at Quantum X Labs was $19,000, down 62.7% year-over-year; for FY2021, it came in at $41,000, down 54.9% from FY2020.
- Annual Gross Profit shows a three-year compound annual growth rate of -38.6% (FY2018 to FY2021).
- In prior years, Quantum X Labs' Gross Profit was $91,000 in FY2020 (-55.8%), $206,000 in FY2019 (+16.4%) and $177,000 in FY2018.
- Quarterly Gross Profit has run from a low of $1,000 in Q1 2022 to a high of $71,000 in Q4 2019 over five years.
- On a year-over-year basis, Gross Profit has declined in each of the last nine quarters, with an average decline of 65.8% over the last eight quarters.
- The strongest year-over-year quarter for Gross Profit in the past five years was Q3 2019, with growth of 77.1%; the weakest was Q2 2022, with a decline of 88.2%.
- According to Business Quant data, Gross Profit for the three prior quarters was $1,000 (Q1 2022), $9,000 (Q4 2021) and $7,000 (Q3 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn |
| 10 | Quantum X Labs | 61.60 Mn | 53.99 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 2,000.00 |
| Mar 31, 2022 | 1,000.00 |
| Dec 31, 2021 | 9,000.00 |
| Sep 30, 2021 | 7,000.00 |
| Jun 30, 2021 | 17,000.00 |
| Mar 31, 2021 | 8,000.00 |
| Dec 31, 2020 | 10,000.00 |
| Sep 30, 2020 | 16,000.00 |
| Jun 30, 2020 | 33,000.00 |
| Mar 31, 2020 | 33,000.00 |
| Dec 31, 2019 | 71,000.00 |
| Sep 30, 2019 | 62,000.00 |
| Jun 30, 2019 | 37,000.00 |
| Mar 31, 2019 | 32,000.00 |
| Dec 31, 2018 | 49,000.00 |
| Sep 30, 2018 | 35,000.00 |
Quantum X Labs Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=QXL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "QXL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=QXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();