Quantum Numbers Corp. engages in the development of cryptographic solutions based on quantum random number generator in Canada. More Details
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Quantum Numbers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 34Q's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 34Q underperformed the German Semiconductor industry which returned 31.4% over the past year.
Return vs Market: 34Q underperformed the German Market which returned 6% over the past year.
Price Volatility Vs. Market
How volatile is Quantum Numbers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Quantum Numbers undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 34Q's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 34Q's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 34Q is unprofitable, so we can't compare its PE Ratio to the DE Semiconductor industry average.
PE vs Market: 34Q is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 34Q's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 34Q is overvalued based on its PB Ratio (7.9x) compared to the DE Semiconductor industry average (2.3x).
How is Quantum Numbers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Quantum Numbers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 34Q’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Quantum Numbers competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Semiconductors industry.
How has Quantum Numbers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 34Q is currently unprofitable.
Growing Profit Margin: 34Q is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 34Q is unprofitable, and losses have increased over the past 5 years at a rate of 17.4% per year.
Accelerating Growth: Unable to compare 34Q's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 34Q is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-54.5%).
Return on Equity
High ROE: 34Q has a negative Return on Equity (-93.98%), as it is currently unprofitable.
How is Quantum Numbers's financial position?
Financial Position Analysis
Short Term Liabilities: 34Q's short term assets (CA$96.5K) exceed its short term liabilities (CA$71.4K).
Long Term Liabilities: 34Q's short term assets (CA$96.5K) exceed its long term liabilities (CA$40.0K).
Debt to Equity History and Analysis
Debt Level: 34Q's debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 34Q's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 34Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 34Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.3% each year
What is Quantum Numbers's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 34Q's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 34Q's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 34Q's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 34Q's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 34Q's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Marc Rousseau has been Interim Chief Executive Officer at Quantum Numbers Corp. since July 08, 2020. Mr. Rousseau serves as Vice President of the Disabled Children Society. Mr. Rousseau serves as Presi ...
|Interim CEO & Director||0.17yr||no data||no data|
|Independent Chairman||0.083yr||no data||no data|
|Independent Director||3.83yrs||no data||no data|
Experienced Board: 34Q's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Quantum Numbers Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Quantum Numbers Corp.
- Ticker: 34Q
- Exchange: DB
- Founded: 2007
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: CA$4.842m
- Listing Market Cap: CA$3.101m
- Shares outstanding: 60.53m
- Website: https://www.quantumnumberscorp.com
- Quantum Numbers Corp.
- 3755 East Boulevard Matte
- Suite 201
- J4Y 2P4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|QNC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2008|
|34Q||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2008|
|QNCC.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2008|
Quantum Numbers Corp. engages in the development of cryptographic solutions based on quantum random number generator in Canada. It develops and markets encrypted communication solutions for the financial/b ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 03:38|
|End of Day Share Price||2020/09/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.