Arqit Quantum Past Earnings Performance
Past criteria checks 0/6
Arqit Quantum has been growing earnings at an average annual rate of 2.3%, while the Software industry saw earnings growing at 19.1% annually. Revenues have been declining at an average rate of 61.8% per year.
Key information
2.3%
Earnings growth rate
13.3%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | -61.8% |
| Return on equity | -504.8% |
| Net Margin | -10,458.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
We Think Arqit Quantum (NASDAQ:ARQQ) Needs To Drive Business Growth Carefully
Feb 13
Companies Like Arqit Quantum (NASDAQ:ARQQ) Could Be Quite Risky
Sep 24Here's Why Arqit Quantum (NASDAQ:ARQQ) Must Use Its Cash Wisely
May 20Arqit Quantum stock slides 12% ahead of voluntary lock-up expiration
Sep 02Arqit Has Cash Reserves But Will Have To Weather Venture Dry Up
Jun 28Arqit Quantum Is Terrestrial For Now, But Will Go To Space
Jan 25Arqit Quantum: Massive Return Potential By Future Proofing Cybersecurity
Sep 13Revenue & Expenses Breakdown
How Arqit Quantum makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1 | -77 | 59 | 0 |
| 31 Dec 23 | 1 | -76 | 65 | 0 |
| 30 Sep 23 | 1 | -74 | 71 | 0 |
| 31 Mar 23 | 2 | -17 | 59 | 0 |
| 31 Dec 22 | 5 | 18 | 57 | 0 |
| 30 Sep 22 | 7 | 53 | 55 | 0 |
| 30 Jun 22 | 6 | -71 | 46 | 0 |
| 31 Mar 22 | 5 | -208 | 35 | 0 |
| 31 Dec 21 | 3 | -240 | 24 | 0 |
| 30 Sep 21 | 0 | -272 | 14 | 0 |
| 30 Sep 20 | 0 | -1 | 3 | 0 |
Quality Earnings: ARQQ is currently unprofitable.
Growing Profit Margin: ARQQ is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARQQ is unprofitable, but has reduced losses over the past 5 years at a rate of 2.3% per year.
Accelerating Growth: Unable to compare ARQQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARQQ is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (23.6%).
Return on Equity
High ROE: ARQQ has a negative Return on Equity (-504.79%), as it is currently unprofitable.