Page 59 - NobleCon20-Book-Project

D-Wave Quantum Inc.

SELECTED FINANCIAL ITEMS QBTS

(in millions of USD)
CQ4 '23 CQ1 '24 CQ2 '24 CQ3 '24 LTM
Income Statement Key Items
Total Revenue 2.91 2.47 2.18 1.87 9.42
Gross Profit 1.97 1.66 1.39 1.04 6.06
Gross Margin 68% 67% 64% 56% 64%
EBIT (16.54) (17.52) (18.84) (20.64) (73.53)
EBIT Margin -569% -711% -863% -1104% -780%
Net Income to Common Shareholders (16.01) (17.31) (17.78) (22.71) (73.82)
Net Margin -551% -702% -814% -1215% -783%

Balance Sheet Key Items
Total Assets 59.36 48.61 61.81 49.56 49.56
Cash & Short Term Investments 41.31 27.30 40.86 29.27 29.27
% of Assets 70% 56% 66% 59% 59%
Current Assets -Total 47.05 33.69 46.91 35.08 35.08
% of Assets 79% 69% 76% 71% 71%
Total Liabilities 83.84 85.56 83.33 66.48 66.48
% of Assets 141% 176% 135% 134% 134%
Current Liabilities - Total 11.25 10.86 42.94 25.83 25.83
% of Assets 19% 22% 69% 52% 52%
Long Term Debt 63.85 63.04 31.45 32.01 32.01
% of Assets 108% 130% 51% 65% 65%
Total Equity (24.48) (36.96) (21.51) (16.92) (16.92)
% of Assets -41% -76% -35% -34% -34%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities (14.74) (12.12) (14.47) (18.07) (59.40)
Net Cash Flow - Investing (0.45) (1.21) (0.60) (0.37) (2.63)
Net Cash Flow - Financing 3.23 (0.73) 28.61 7.01 38.12

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets' Twentieth Annual Small & Microcap Investor Conference