Quantum X Labs (QXL) Interest Expenses (2011 - 2024)

Quantum X Labs (QXL) reported Interest Expenses of $2.7 million for Q2 2024, up 1015.45% year-over-year from $246000.0 in Q3 2023, and up 1583.44% quarter-over-quarter from $163000.0 in Q1 2024.

Quantum X Labs (QXL) Interest Expenses (2011 - 2024) Analysis & Trends

Quantum X Labs (QXL) has 9 years of Interest Expenses data on file, last reported at $2.7 million in Q2 2024.

  • Interest Expenses for Q2 2024 came in at $2.7 million, up 1015.45% year-over-year; the trailing twelve-month figure through Mar 2025 was $2.7 million (up 117.95% YoY), and the FY2023 annual result was $1.3 million, down 12.02% from the prior year.
  • Interest Expenses advanced to $2.7 million in Q2 2024 per QXL's latest filing, from $163000.0 in the prior quarter.
  • Over five years, Interest Expenses peaked at $2.7 million in Q2 2024 and troughed at $82000.0 in Q4 2022.
  • A 3-year average of $564400.0 and a median of $280500.0 in 2022 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2023 and 2024: Interest Expenses slumped 66.58% in 2023, then jumped 1015.45% in 2024.
  • A 3-year view of Interest Expenses shows it stood at $82000.0 in 2022, then jumped by 619.51% to $590000.0 in 2023, then jumped by 365.08% to $2.7 million in 2024.
  • Business Quant data shows QXL's Interest Expenses at $2.7 million in Q2 2024, $163000.0 in Q1 2024, and $590000.0 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 12.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 473.00 Mn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -39.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 63.57 Mn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 7.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 197.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn -
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn -
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn -
10 Quantum X Labs 4.17 Mn 3.55 Mn -5.68 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 2.74 Mn
Jun 30, 2024 2.74 Mn
Mar 31, 2024 163,000.00
Mar 31, 2024 163,000.00
Dec 31, 2023 590,000.00
Dec 31, 2023 590,000.00
Sep 30, 2023 260,000.00
Sep 30, 2023 260,000.00
Jun 30, 2023 246,000.00
Jun 30, 2023 246,000.00
Mar 31, 2023 185,000.00
Mar 31, 2023 185,000.00
Dec 31, 2022 82,000.00
Dec 31, 2022 82,000.00
Sep 30, 2022 301,000.00
Sep 30, 2022 301,000.00
Jun 30, 2022 736,000.00
Jun 30, 2022 736,000.00
Mar 31, 2022 337,000.00
Mar 31, 2022 337,000.00