$1.88B Market Cap.
QBTS Market Cap. (MRY)
QBTS Shares Outstanding (MRY)
QBTS Assets (MRY)
Total Assets
$199.85M
Total Liabilities
$137.21M
Total Investments
$0
QBTS Income (MRY)
Revenue
$8.83M
Net Income
-$143.88M
Operating Expense
$82.79M
QBTS Cash Flow (MRY)
CF Operations
-$42.64M
CF Investing
-$3.14M
CF Financing
$182.45M
QBTS Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
QBTS Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $199,853,000 (236.70%) | $59,356,000 (120.27%) | $26,947,000 (-17.37%) | $32,610,000 (-31.29%) |
Assets Current | $185,040,000 (293.32%) | $47,046,000 (237.85%) | $13,925,000 (-27.31%) | $19,158,000 (-53.59%) |
Assets Non-Current | $14,813,000 (20.33%) | $12,310,000 (-5.47%) | $13,022,000 (-3.20%) | $13,452,000 (117.78%) |
Goodwill & Intangible Assets | $490,000 (173.74%) | $179,000 (-26.64%) | $244,000 (-10.29%) | $272,000 (83.78%) |
Shareholders Equity | $62,646,000 (355.90%) | -$24,481,000 (-313.95%) | -$5,914,000 (-295.83%) | $3,020,000 (-90.77%) |
Property Plant & Equipment Net | $11,394,000 (5.75%) | $10,774,000 (-5.71%) | $11,427,000 (-3.38%) | $11,827,000 (102.45%) |
Cash & Equivalents | $177,980,000 (330.87%) | $41,307,000 (484.67%) | $7,065,000 (-25.50%) | $9,483,000 (-55.55%) |
Accumulated Other Comprehensive Income | -$10,510,000 (0.07%) | -$10,517,000 (-1.11%) | -$10,402,000 (0.39%) | -$10,443,000 (0.14%) |
Deferred Revenue | $19,356,000 (604.37%) | $2,748,000 (53.52%) | $1,790,000 (-34.17%) | $2,719,000 (-42.31%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $1,686,000 (-18.86%) | $2,078,000 (-5.37%) | $2,196,000 (3.88%) | $2,114,000 (-16.14%) |
Trade & Non-Trade Receivables | $1,420,000 (-14.04%) | $1,652,000 (118.23%) | $757,000 (-85.43%) | $5,195,000 (-67.88%) |
Trade & Non-Trade Payables | $815,000 (-44.37%) | $1,465,000 (-61.00%) | $3,756,000 (78.09%) | $2,109,000 (-3.08%) |
Accumulated Retained Earnings (Deficit) | -$626,940,000 (-29.78%) | -$483,061,000 (-28.20%) | -$376,797,000 (-15.84%) | -$325,268,000 (-10.74%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $38,377,000 (-47.18%) | $72,651,000 (332.88%) | $16,783,000 (-20.57%) | $21,130,000 (353.43%) |
Debt Current | $1,860,000 (4.91%) | $1,773,000 (6.10%) | $1,671,000 (-12.38%) | $1,907,000 (0.42%) |
Debt Non-Current | $36,517,000 (-48.48%) | $70,878,000 (369.02%) | $15,112,000 (-21.39%) | $19,223,000 (596.23%) |
Total Liabilities | $137,207,000 (63.66%) | $83,837,000 (155.13%) | $32,861,000 (11.05%) | $29,590,000 (100.86%) |
Liabilities Current | $30,145,000 (167.96%) | $11,250,000 (-29.01%) | $15,848,000 (53.94%) | $10,295,000 (-14.00%) |
Liabilities Non-Current | $107,062,000 (47.49%) | $72,587,000 (326.66%) | $17,013,000 (-11.83%) | $19,295,000 (598.84%) |
QBTS Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $8,827,000 (0.79%) | $8,758,000 (22.10%) | $7,173,000 (14.24%) | $6,279,000 (21.69%) |
Cost of Revenue | $3,264,000 (-21.08%) | $4,136,000 (41.50%) | $2,923,000 (67.03%) | $1,750,000 (91.26%) |
Selling General & Administrative Expense | $47,486,000 (0.41%) | $47,290,000 (49.62%) | $31,607,000 (74.86%) | $18,076,000 (18.14%) |
Research & Development Expense | $35,300,000 (-6.81%) | $37,878,000 (18.00%) | $32,101,000 (26.38%) | $25,401,000 (24.45%) |
Operating Expenses | $82,786,000 (-2.80%) | $85,168,000 (33.68%) | $63,708,000 (46.53%) | $43,477,000 (21.74%) |
Interest Expense | $3,897,000 (10432.43%) | $37,000 (-99.20%) | $4,633,000 (168.11%) | $1,728,000 (-67.13%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$143,879,000 (-73.95%) | -$82,715,000 (-60.52%) | -$51,529,000 (-63.35%) | -$31,545,000 (-214.85%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$143,879,000 (-73.95%) | -$82,715,000 (-60.52%) | -$51,529,000 (-63.35%) | -$31,545,000 (-214.85%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$143,879,000 (-73.95%) | -$82,715,000 (-60.52%) | -$51,529,000 (-63.35%) | -$31,545,000 (-214.85%) |
Weighted Average Shares | $192,129,049 (39.23%) | $137,993,736 (15.33%) | $119,647,777 (-4.54%) | $125,342,746 (-1.43%) |
Weighted Average Shares Diluted | $192,129,049 (39.23%) | $137,993,736 (15.33%) | $119,647,777 (-4.54%) | $125,342,746 (-1.43%) |
Earning Before Interest & Taxes (EBIT) | -$139,982,000 (-69.31%) | -$82,678,000 (-76.30%) | -$46,896,000 (-57.28%) | -$29,817,000 (-526.14%) |
Gross Profit | $5,563,000 (20.36%) | $4,622,000 (8.75%) | $4,250,000 (-6.16%) | $4,529,000 (6.69%) |
Operating Income | -$77,223,000 (4.13%) | -$80,546,000 (-35.47%) | -$59,458,000 (-52.66%) | -$38,948,000 (-23.77%) |
QBTS Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$3,141,000 (-398.57%) | -$630,000 (-26.51%) | -$498,000 (75.09%) | -$1,999,000 (-153.36%) |
Net Cash Flow from Financing | $182,450,000 (90.78%) | $95,636,000 (121.05%) | $43,265,000 (73.66%) | $24,913,000 (-42.26%) |
Net Cash Flow from Operations | -$42,643,000 (29.69%) | -$60,649,000 (-34.10%) | -$45,226,000 (-29.96%) | -$34,800,000 (-18.82%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $136,673,000 (299.14%) | $34,242,000 (1516.13%) | -$2,418,000 (79.60%) | -$11,852,000 (-190.79%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$746,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$2,395,000 (-280.16%) | -$630,000 (-26.51%) | -$498,000 (75.09%) | -$1,999,000 (-153.36%) |
Issuance (Repayment) of Debt Securities | -$30,370,000 (-213.54%) | $26,748,000 (1501.15%) | -$1,909,000 (-498.43%) | -$319,000 (0%) |
Issuance (Purchase) of Equity Shares | $215,962,000 (226.90%) | $66,064,000 (33.66%) | $49,427,000 (58049.41%) | $85,000 (1114.29%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $7,000 (106.09%) | -$115,000 (-380.49%) | $41,000 (20.59%) | $34,000 (361.54%) |
Share Based Compensation | $15,661,000 (-28.55%) | $21,919,000 (139.19%) | $9,164,000 (426.97%) | $1,739,000 (-41.82%) |
Depreciation Amortization & Accretion | $1,932,000 (4.72%) | $1,845,000 (-20.92%) | $2,333,000 (-10.34%) | $2,602,000 (-11.10%) |
QBTS Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 63.00% (19.32%) | 52.80% (-10.81%) | 59.20% (-17.89%) | 72.10% (-12.39%) |
Profit Margin | -1630.00% (-72.58%) | -944.50% (-31.47%) | -718.40% (-42.99%) | -502.40% (-158.70%) |
EBITDA Margin | -1564.00% (-69.45%) | -923.00% (-48.56%) | -621.30% (-43.35%) | -433.40% (-1117.42%) |
Return on Average Equity (ROAE) | 4517.40% (1562.64%) | 271.70% (-49.71%) | 540.30% (-56.06%) | 1229.70% |
Return on Average Assets (ROAA) | -159.90% (12.09%) | -181.90% (-20.94%) | -150.40% (-1014.07%) | -13.50% |
Return on Sales (ROS) | -1585.80% (-67.99%) | -944.00% (-44.39%) | -653.80% (-37.67%) | -474.90% (-414.52%) |
Return on Invested Capital (ROIC) | -266.30% (-61.39%) | -165.00% (1.84%) | -168.10% (-1213.28%) | -12.80% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -11.2 (-663.46%) | -1.47 (56.20%) | -3.35 (91.47%) | -39.28 (69.81%) |
Price to Sales Ratio (P/S) | 182.84 (1218.49%) | 13.87 (-42.27%) | 24.02 (-87.75%) | 196.03 (-23.59%) |
Price to Book Ratio (P/B) | 30.04 (622.47%) | -5.75 (78.83%) | -27.15 (-122.27%) | 121.94 (892.57%) |
Debt to Equity Ratio (D/E) | 2.19 (163.94%) | -3.42 (38.35%) | -5.56 (-156.71%) | 9.8 (2077.33%) |
Earnings Per Share (EPS) | -0.75 (-25.00%) | -0.6 (-39.53%) | -0.43 (-72.00%) | -0.25 (-212.50%) |
Sales Per Share (SPS) | 0.05 (-26.98%) | 0.06 (5.00%) | 0.06 (20.00%) | 0.05 (21.95%) |
Free Cash Flow Per Share (FCFPS) | -0.23 (47.30%) | -0.44 (-16.23%) | -0.38 (-29.93%) | -0.29 (-24.05%) |
Book Value Per Share (BVPS) | 0.33 (284.18%) | -0.18 (-261.22%) | -0.05 (-304.17%) | 0.02 (-90.66%) |
Tangible Assets Book Value Per Share (TABVPS) | 1.04 (141.96%) | 0.43 (92.38%) | 0.22 (-13.57%) | 0.26 (-30.65%) |
Enterprise Value Over EBIT (EV/EBIT) | -14 (-600.00%) | -2 (50.00%) | -4 (66.67%) | -12 (85.71%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -13.81 (-736.71%) | -1.65 (56.73%) | -3.82 (71.78%) | -13.52 (93.83%) |
Asset Turnover | 0.1 (-49.22%) | 0.19 (-7.66%) | 0.21 (674.07%) | 0.03 |
Current Ratio | 6.14 (46.77%) | 4.18 (375.77%) | 0.88 (-52.77%) | 1.86 (-46.04%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$45,038,000 (26.50%) | -$61,279,000 (-34.02%) | -$45,724,000 (-24.25%) | -$36,799,000 (-22.35%) |
Enterprise Value (EV) | $1,907,079,564 (1329.23%) | $133,434,070 (-21.53%) | $170,040,633 (-53.79%) | $368,001,417 (-8.50%) |
Earnings Before Tax (EBT) | -$143,879,000 (-73.95%) | -$82,715,000 (-60.52%) | -$51,529,000 (-63.35%) | -$31,545,000 (-214.85%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$138,050,000 (-70.78%) | -$80,833,000 (-81.39%) | -$44,563,000 (-63.74%) | -$27,215,000 (-1383.11%) |
Invested Capital | $29,615,000 (-62.64%) | $79,271,000 (285.32%) | $20,573,000 (-38.93%) | $33,690,000 (80.48%) |
Working Capital | $154,895,000 (332.72%) | $35,796,000 (1961.47%) | -$1,923,000 (-121.70%) | $8,863,000 (-69.76%) |
Tangible Asset Value | $199,363,000 (236.89%) | $59,177,000 (121.61%) | $26,703,000 (-17.43%) | $32,338,000 (-31.65%) |
Market Capitalization | $1,881,724,564 (1236.90%) | $140,753,070 (-12.34%) | $160,568,633 (-56.40%) | $368,250,000 (-8.42%) |
Average Equity | -$3,185,000 (89.54%) | -$30,447,750 (-219.25%) | -$9,537,250 (-271.78%) | -$2,565,260 |
Average Assets | $89,957,500 (97.81%) | $45,475,750 (32.72%) | $34,264,750 (-85.35%) | $233,879,925 |
Invested Capital Average | $52,563,250 (4.92%) | $50,099,750 (79.55%) | $27,902,250 (-88.06%) | $233,768,274 |
Shares | 224,014,829 (40.07%) | 159,928,497 (43.43%) | 111,505,995 (197.35%) | 37,500,000 (-2.91%) |
