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| Date | Value |
|---|---|
| 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 |