Page 27 - Noble's TMT Consumer Virtual Equity Conference 2024

D-Wave Quantum Inc.

SELECTED FINANCIAL ITEMS QBTS
(in millions of USD)
CQ2 '23 CQ3 '23 CQ4 '23 CQ1 '24 LTM
Income Statement Key Items
Total Revenue 1.71 2.56 2.91 2.47 9.64
Gross Profit 0.71 1.53 1.97 1.66 5.86
Gross Margin 41% 60% 68% 67% 61%
EBIT (20.91) (18.41) (16.54) (17.52) (73.37)
EBIT Margin -1225% -718% -569% -711% -761%
Net Income to Common Shareholders (25.90) (16.11) (16.01) (17.31) (75.33)
Net Margin -1517% -629% -551% -702% -781%

Balance Sheet Key Items
Total Assets 24.91 70.18 59.36 48.61 48.61
Cash & Short Term Investments 7.51 53.32 41.31 27.30 27.30
% of Assets 30% 76% 70% 56% 56%
Current Assets -Total 12.84 58.19 47.05 33.69 33.69
% of Assets 52% 83% 79% 69% 69%
Total Liabilities 52.80 85.30 83.84 85.56 85.56
% of Assets 212% 122% 141% 176% 176%
Current Liabilities - Total 33.64 43.52 11.25 10.86 10.86
% of Assets 135% 62% 19% 22% 22%
Long Term Debt 8.47 32.83 63.85 63.04 63.04
% of Assets 34% 47% 108% 130% 130%
Total Equity (27.89) (15.12) (24.48) (36.96) (36.96)
% of Assets -112% -22% -41% -76% -76%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities (15.47) (16.87) (14.74) (12.12) (59.19)
Net Cash Flow - Investing (0.00) (0.10) (0.45) (1.21) (1.76)
Net Cash Flow - Financing 14.07 62.75 3.23 (0.73) 79.32

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets Emerging Growth Consumer / Entertainment / Media Conference