Quantum eMotion (QNC)
Market Price (8/8/2026): $2.225 | Market Cap: $487.3 MilSector: Information Technology | Industry: Systems Software
Quantum eMotion (QNC)
Market Price (8/8/2026): $2.225Market Cap: $487.3 MilSector: Information TechnologyIndustry: Systems Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -44% Megatrend and thematic driversMegatrends include Cybersecurity, and Crypto & Blockchain. Themes include Quantum Cybersecurity, and Blockchain Enterprise Solutions. | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -12 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -53144% Expensive valuation multiplesP/SPrice/Sales ratio is 22,452x Stock price has recently run up significantly12M Rtn12 month market price return is 151% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 29118% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -25269%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -25390% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.5% High stock price volatilityVol 12M is 118% Key risksQNC key risks include [1] significant execution challenges in commercializing its pre-revenue technology, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -44% |
| Megatrend and thematic driversMegatrends include Cybersecurity, and Crypto & Blockchain. Themes include Quantum Cybersecurity, and Blockchain Enterprise Solutions. |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -12 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -53144% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 22,452x |
| Stock price has recently run up significantly12M Rtn12 month market price return is 151% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 29118% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -25269%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -25390% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.5% |
| High stock price volatilityVol 12M is 118% |
| Key risksQNC key risks include [1] significant execution challenges in commercializing its pre-revenue technology, Show more. |
Qualitative Assessment
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Quantum eMotion (QNC) stock has lost about 20% since 4/30/2026 because of the following key factors:
1. Quantum eMotion reported a miss on earnings per share for its fiscal Q1 2026, which ended on March 31, 2026. The company's financial report, released on May 14, 2026, indicated an EPS miss by -$0.01. This negative financial performance for the quarter likely contributed to investor apprehension and the stock's subsequent decline.
2. The company has continued to demonstrate a trend of unprofitability, reporting a net loss of -$7.9 million for the trailing 12 months ending March 31, 2026. This ongoing lack of sustained profitability, despite operational advancements, likely eroded investor confidence and exerted downward pressure on the stock price.
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Quantum eMotion (QNC) stock has lost about 20% since 4/30/2026 because of the following key factors:
1. Quantum eMotion reported a miss on earnings per share for its fiscal Q1 2026, which ended on March 31, 2026. The company's financial report, released on May 14, 2026, indicated an EPS miss by -$0.01. This negative financial performance for the quarter likely contributed to investor apprehension and the stock's subsequent decline.
2. The company has continued to demonstrate a trend of unprofitability, reporting a net loss of -$7.9 million for the trailing 12 months ending March 31, 2026. This ongoing lack of sustained profitability, despite operational advancements, likely eroded investor confidence and exerted downward pressure on the stock price.
3. Despite several positive operational announcements during the period, such as securing an "Implementation Under Test" (IUT) listing from the U.S. National Institute of Standards and Technology (NIST) for its SecureKey Cryptographic Module in July 2026 and forming a partnership with Vertical Data for quantum cybersecurity deployments in June 2026, these positive catalysts have not been sufficient to outweigh the concerns related to the company's financial performance.
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Stock Movement Drivers
Fundamental Drivers
The -21.2% change in QNC stock from 4/30/2026 to 8/7/2026 was primarily driven by a -54.8% change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 8072026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.83 | 2.23 | -21.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 94.7% |
| P/S Multiple | 49,639.7 | 22,451.8 | -54.8% |
| Shares Outstanding (Mil) | 196 | 219 | -10.5% |
| Cumulative Contribution | -21.2% |
Market Drivers
4/30/2026 to 8/7/2026| Return | Correlation | |
|---|---|---|
| QNC | -21.2% | |
| Market (SPY) | 7.6% | 57.3% |
| Sector (XLK) | 17.8% | 63.1% |
Fundamental Drivers
The -37.5% change in QNC stock from 1/31/2026 to 8/7/2026 was primarily driven by a null change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 8072026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.57 | 2.23 | -37.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 22,451.8 | |
| Shares Outstanding (Mil) | 202 | 219 | -7.9% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2026 to 8/7/2026| Return | Correlation | |
|---|---|---|
| QNC | -37.5% | |
| Market (SPY) | 12.1% | 50.0% |
| Sector (XLK) | 30.8% | 48.7% |
Fundamental Drivers
The 147.5% change in QNC stock from 7/31/2025 to 8/7/2026 was primarily driven by a 9.2233720368547763E17% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312025 | 8072026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.90 | 2.23 | 147.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 22,451.8 | |
| Shares Outstanding (Mil) | 171 | 219 | -22.1% |
| Cumulative Contribution | 0.0% |
Market Drivers
7/31/2025 to 8/7/2026| Return | Correlation | |
|---|---|---|
| QNC | 147.5% | |
| Market (SPY) | 23.4% | 38.4% |
| Sector (XLK) | 43.7% | 35.8% |
Fundamental Drivers
The 4029.6% change in QNC stock from 7/31/2023 to 8/7/2026 was primarily driven by a 9.2233720368547763E17% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312023 | 8072026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.05 | 2.23 | 4029.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 22,451.8 | |
| Shares Outstanding (Mil) | 136 | 219 | -38.1% |
| Cumulative Contribution | 0.0% |
Market Drivers
7/31/2023 to 8/7/2026| Return | Correlation | |
|---|---|---|
| QNC | 4029.6% | |
| Market (SPY) | 74.9% | 16.3% |
| Sector (XLK) | 114.7% | 18.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| QNC Return | 49% | -49% | -46% | 3383% | 197% | -41% | 2386% |
| Peers Return | 83% | -78% | 54% | 1063% | 56% | -19% | 799% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| QNC Win Rate | 42% | 42% | 33% | 50% | 42% | 50% | |
| Peers Win Rate | 42% | 32% | 48% | 52% | 48% | 38% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| QNC Max Drawdown | -72% | -86% | -66% | -48% | -76% | -56% | |
| Peers Max Drawdown | -65% | -74% | -69% | -62% | -68% | -54% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: QUBT, IONQ, QBTS, RGTI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/7/2026 (YTD)
How Low Can It Go
| Event | QNC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -31.4% | -18.8% |
| % Gain to Breakeven | 45.7% | 23.1% |
| Time to Breakeven | 45 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -54.7% | -9.5% |
| % Gain to Breakeven | 120.7% | 10.5% |
| Time to Breakeven | 89 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -38.7% | -6.7% |
| % Gain to Breakeven | 63.2% | 7.1% |
| Time to Breakeven | 333 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.0% | -24.5% |
| % Gain to Breakeven | 49.2% | 32.4% |
| Time to Breakeven | 767 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -23.1% | -33.7% |
| % Gain to Breakeven | 30.0% | 50.9% |
| Time to Breakeven | 122 days | 140 days |
In The Past
Quantum eMotion's stock fell -31.4% during the 2025 US Tariff Shock. Such a loss loss requires a 45.7% gain to breakeven.
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| Event | QNC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -31.4% | -18.8% |
| % Gain to Breakeven | 45.7% | 23.1% |
| Time to Breakeven | 45 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -54.7% | -9.5% |
| % Gain to Breakeven | 120.7% | 10.5% |
| Time to Breakeven | 89 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -38.7% | -6.7% |
| % Gain to Breakeven | 63.2% | 7.1% |
| Time to Breakeven | 333 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.0% | -24.5% |
| % Gain to Breakeven | 49.2% | 32.4% |
| Time to Breakeven | 767 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -23.1% | -33.7% |
| % Gain to Breakeven | 30.0% | 50.9% |
| Time to Breakeven | 122 days | 140 days |
In The Past
Quantum eMotion's stock fell -31.4% during the 2025 US Tariff Shock. Such a loss loss requires a 45.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Quantum eMotion (QNC)
Quantum eMotion Corp. (QNC) is a Canadian technology company focused on developing advanced quantum-based cryptographic solutions. The company's core mission is to enhance cybersecurity by leveraging principles of quantum physics, aiming to provide robust protection against emerging threats, including those posed by future quantum computers. They specifically design and commercialize technologies that ensure the security and integrity of data and communications across various critical sectors.
The company offers several key products and services. These include Sentry-Q, a cloud-based quantum-secure cybersecurity solution tailored for high-speed data transmission, and QRNG2, a quantum random number generator crucial for strong encryption. They also provide QxEaaS (Entropy as a Service) to deliver advanced entropy for secure communication needs. Additionally, Quantum eMotion has developed eWallet, a secure physical storage solution for cryptocurrencies, and is involved in developing healthcare applications.
Quantum eMotion's primary customers and markets are diverse, covering sectors with a high demand for secure communications and data protection. These include general cybersecurity, healthcare, telecommunications, blockchain technology, and the cryptocurrency industry. The company also pursues strategic alliances, such as its partnership with Jmem Technology, to integrate its quantum-resilient solutions directly into System-on-Chip designs, further embedding its technology into foundational computing infrastructure.
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Here are 1-3 brief analogies for Quantum eMotion (QNC):
- It's like **Palo Alto Networks**, but specializing in cybersecurity solutions that are immune to attacks from future quantum computers.
- Think of them like **Arm Holdings**, but instead of chip designs, they're developing the core quantum-safe encryption technologies (IP) for future devices and networks.
- They're like **Zscaler**, but ensuring secure data transmission and communication even against quantum computing threats.
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- Sentry-Q: A cloud-based quantum-secure cybersecurity solution designed for high-speed data transmission.
- QRNG2: A quantum random number generator utilized for cybersecurity purposes.
- eWallet: A secure physical storage solution for cryptocurrencies.
- QxEaaS: An advanced entropy as a service offering for secure communication.
- Healthcare Applications: The company develops and commercializes various applications for the healthcare sector.
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Francis Bellido, President / CEO
Dr. Bellido has over 35 years of international experience in the Cybersecurity, Healthcare, and Financial industries. He was appointed CEO of Quantum eMotion Corp. in January 2020. Previously, he served as CEO of SoundBite Medical from 2018 to 2020, and as CFO from 2015 to 2018. From 1999 to 2006, he managed SGF-Santé, a $300M life science investment fund, which led to several major successes including Cryocath, IDI-GeneOhm, Draxis, Medicago, Atrium, and Axcan Pharma. He also held various executive positions with Eli Lilly in the United States and Europe, including Strategic Asset Director, Global Business Unit Manager, and Head of Regulatory Affairs. Dr. Bellido has served as a Board member and Director for over 20 private and public companies.
Marc Rousseau, CFO
Mr. Rousseau is the President of LVR Capital Inc. He started his professional career as Director of Operations at Crédit Ford of Canada. In 2001, he joined the Business Development Bank of Canada as a Senior Business Development Manager, a position he held until founding LVR Capital in September 2005. LVR Capital, a consultation investment bank, has been instrumental in securing nearly $200M in financing for numerous companies and has been responsible for the restructuring and turnaround of several firms. Mr. Rousseau also had a military career as an infantry officer with the Canadian Forces from 1981 to 2004, commanding the Mount Royal Fusilliers Regiment and serving in Bosnia at NATO Headquarters. He has been a director of the National Film Board of Canada, Iscope Corporation, and chaired the board of the Quebec Society for disabled children.
Edward L. Moore, CTO
Dr. Moore brings a 40-year tenure in the software, semiconductor, and cybersecurity industries. Early in his career, he founded ANACAD, a company that developed software technology for integrated circuit (IC) design. ANACAD's products were widely adopted globally by major corporations such as Daimler, Toshiba, and SGS Thomson. The company was subsequently sold to Mentor Graphics. Currently, Dr. Moore is the President of Baystream, a company specializing in process automation and cloud-based solutions.
John Young, COO – QeMA
Mr. Young serves as the Chief Operating Officer for QeMA, a division of Quantum eMotion Corp.
Abder Benrabah, VP Quality & Compliance
Mr. Benrabah contributes over 25 years of extensive international experience across various industries, including Medical Devices, Cybersecurity, and Engineering, Procurement, and Construction (EPC).
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The key risks for Quantum eMotion (QNC) primarily stem from its position as an early-stage technology company operating in the nascent quantum-safe cybersecurity market.
- Execution and Commercialization Challenges: Quantum eMotion is a pre-revenue company with limited earnings visibility, meaning its future success hinges on its ability to successfully commercialize its quantum-based cryptographic solutions. This involves significant execution risk in transitioning from technology development to real-world application and widespread adoption. Any delays or lack of tangible progress in product deployment, securing significant design wins, or converting partnerships can negatively impact investor confidence and revenue generation.
- Funding Dependency and Dilution Risk: As a development-stage company, Quantum eMotion operates at a loss and has a significant cash burn rate. While the company has raised capital, there is an ongoing need for additional funding to sustain operations, advance its technology, and bring products to market. This creates a risk of the company running out of capital before achieving market traction, potentially leading to future equity dilution for existing shareholders.
- Competition and Market Adoption Risk: The quantum security market is rapidly evolving and highly competitive. Quantum eMotion faces competition from larger, better-funded technology firms and established cybersecurity providers who could develop their own competing solutions or integrate quantum-resistant capabilities, potentially setting industry standards that could exclude QNC's offerings. Additionally, the widespread market adoption of quantum-safe solutions may take longer than anticipated, impacting the company's growth timeline.
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The rapid advancements and ongoing standardization efforts in post-quantum cryptography (PQC) by major technology companies and national bodies (such as NIST) pose a clear emerging threat. If Quantum eMotion's proprietary quantum-based cryptographic solutions (Sentry-Q, QRNG2, QxEaaS) do not align with or are outcompeted by solutions developed by these larger, well-resourced entities that become widely adopted industry standards, QNC could face significant challenges in market adoption and long-term relevance.
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Quantum eMotion Corp. (symbol: QNC) operates in several high-growth addressable markets for its quantum-based cryptographic solutions.
Quantum Random Number Generator (QRNG) Market
For its QRNG2 product, which delivers pure entropy, and its QxEaaS (Entropy-as-a-Service), the global Quantum Random Number Generator market is a significant addressable market. The global QRNG market size was estimated at approximately USD 551.3 million in 2024 and is projected to reach around USD 14,631.3 million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 38.8% from 2025 to 2034. North America held a dominant market position in 2024, capturing over 38% share with USD 209.4 million in revenue. Quantum eMotion itself projects the market size for Quantum Random Number Generators (QRNGs) to reach USD 25.4 billion by 2031, expanding at a CAGR of 72.6%.
Secure Cryptocurrency Storage (eWallet) Market
Quantum eMotion's eWallet product, designed for secure physical cryptocurrency storage, addresses the global hardware wallet market. This market was valued at approximately USD 0.54 billion in 2025 and is expected to grow to USD 2.25 billion by 2031, with a CAGR of 25.6% from 2026 to 2031. Other projections indicate the global hardware wallet market reaching USD 2.55 billion by 2033 with a CAGR of 28.79%, and the cryptocurrency hardware wallet market reaching USD 4,767.2 million by 2035 with a CAGR of 21% from 2026 to 2035. The broader crypto cold storage wallets market was valued at USD 1634.5 million in 2024 and is expected to expand at a CAGR of 9.80% from 2024 to 2031. Quantum eMotion has also launched Qastle, a quantum-secured hot wallet, which targets a global crypto-wallet market valued at approximately USD 12.6 billion, projected to exceed USD 100 billion by 2033.
Quantum Cybersecurity Market
For its Sentry-Q (cloud-based quantum-secure cybersecurity solution for high-speed data transmission) and quantum-safe communication solutions, Quantum eMotion targets the burgeoning global quantum cybersecurity and quantum cryptography markets. The global Quantum Computing in Cybersecurity Market is projected to reach USD 1,995.3 million in 2025 and is expected to grow to USD 24,231.0 million by 2034, at a CAGR of 32.0%. Similarly, the global quantum cryptography market size was estimated at USD 992 million in 2025 and is forecasted to reach around USD 18,409.42 million by 2034, representing a CAGR of 38.34% from 2025 to 2034. Europe dominated the quantum cryptography market with the largest market share of 39% in 2024. Quantum eMotion also indicates that the projected market size for Post Quantum Cryptography (PQC) is USD 25.4 billion by 2031, with a 41.47% CAGR.
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- Increasing Demand for Quantum-Safe Cybersecurity: The growing threat of quantum computing, often referred to as "Q-Day," is creating a critical need for new, quantum-safe encryption standards. Quantum eMotion's focus on developing and commercializing quantum-based cryptographic solutions, particularly its Quantum Random Number Generator (QRNG) technology, positions it to capitalize on the widespread adoption of quantum-safe cryptography across various sectors.
- Commercialization and Expansion of its Comprehensive Product Suite: The company is rolling out a broad portfolio of quantum-safe hardware and software solutions. This includes software offerings like Sentry-Q (quantum-safe encryption platform), eFlux-Q (cloud-based quantum entropy as a service), and the recently launched eShield-Q, a runtime cryptographic protection platform designed for AI, cloud, and enterprise security environments. On the hardware front, upcoming solutions like eCore-Q, eCMOS-Q, eSOC-Q, and eVault-Q are expected to further broaden its market appeal.
- Strategic Partnerships and Collaborations: Quantum eMotion is forging strategic alliances to integrate its technology into high-growth areas. Notable examples include a partnership with Jmem Technology for the development of a quantum-resilient System-on-Chip (SoC) targeting AI, cloud, financial, defense, and critical infrastructure systems, and an exclusive partnership with Krown Technologies to deploy QRNG2 quantum entropy across the global crypto ecosystem, including the Qastle quantum-secured hot wallet. These collaborations are expected to provide significant channels for deployment and royalty-based revenue.
- Growth of its Entropy-as-a-Service (EaaS) Model: Quantum eMotion's scalable, subscription-based "Entropy as a Service" framework, exemplified by its eFlux-Q offering, is designed to generate high-margin recurring revenue. This model provides quantum-derived security components to various markets where trust, randomness, and resilience are paramount.
- Expansion into High-Value Vertical Markets: The company is actively targeting significant revenue opportunities in sectors such as financial services, healthcare, blockchain applications, cloud-based IT security infrastructure, classified government networks, communications systems, and secure device keying for IoT, automotive, and consumer electronics. The company's uplisting to NYSE American in February 2026 also aims to expand its U.S. investor base and enhance visibility, which can facilitate broader market penetration.
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Share Issuance
- Quantum eMotion saw significant shareholder dilution, with the total quantity of outstanding stock increasing by approximately one-third since 2024.
- In the first half of 2025, the company raised CAD 20.81 million through the issuance of new shares.
- During the nine months ending September 30, 2025, the exercise of 15.3 million warrants generated an additional $6.3 million in cash proceeds.
Inbound Investments
- Quantum eMotion received a $600,000 R&D grant as part of a wider collaboration with JMEM Tek, contributing to a total investment of over $2.5 million for the development of secure chip technologies.
Outbound Investments
- In September 2025, Quantum eMotion America, Inc. invested USD $400,000 in Krown Technologies via a convertible debenture to deepen their strategic collaboration in blockchain security.
- In April 2026, the company completed the acquisition of SKV Technology Inc., which includes potential earn-out payments of up to $7,000,000 and royalties of up to $15,000,000 over five years, with up to $5,500,000 of the earn-outs payable in cash, common shares, or both.
Capital Expenditures
- The company's core operational spending primarily focuses on research and development (R&D) and administrative costs, contributing to net losses.
- As of March 2026, Quantum eMotion spent less than a million dollars on R&D over the preceding 12 months.
- The company's cash balance of $24.7 million as of September 30, 2025, is allocated to invest in opportunities, increase R&D efforts, and support the transition to commercialization.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 17.94 |
| Mkt Cap | 6.0 |
| Rev LTM | 12 |
| Op Inc LTM | -97 |
| FCF LTM | -88 |
| FCF 3Y Avg | -69 |
| CFO LTM | -61 |
| CFO 3Y Avg | -53 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 201.5% |
| Rev Chg 3Y Avg | 101.0% |
| Rev Chg Q | 470.0% |
| QoQ Delta Rev Chg LTM | 43.9% |
| Op Inc Chg LTM | -116.9% |
| Op Inc Chg 3Y Avg | -42.3% |
| Op Mgn LTM | -1,372.9% |
| Op Mgn 3Y Avg | -777.2% |
| QoQ Delta Op Mgn LTM | 160.7% |
| CFO/Rev LTM | -814.2% |
| CFO/Rev 3Y Avg | -529.0% |
| FCF/Rev LTM | -963.8% |
| FCF/Rev 3Y Avg | -618.2% |
Price Behavior
| Market Price | $2.23 | |
| Market Cap ($ Bil) | 0.5 | |
| First Trading Date | 06/14/2018 | |
| Distance from 52W High | -49.8% | |
| 50 Days | 200 Days | |
| DMA Price | $2.71 | $2.81 |
| DMA Trend | up | down |
| Distance from DMA | -17.7% | -20.7% |
| 3M | 1YR | |
| Volatility | 90.6% | 117.8% |
| Downside Capture | 518.71 | 294.54 |
| Upside Capture | 336.40 | 332.42 |
| Correlation (SPY) | 58.3% | 39.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 3.32 | 3.89 | 3.73 | 3.41 | 3.51 | 1.77 |
| Up Beta | 5.17 | 4.60 | 2.98 | 5.30 | 4.23 | 0.94 |
| Down Beta | 2.78 | 3.89 | 3.63 | 2.84 | 3.74 | 2.37 |
| Up Capture | -26% | 252% | 354% | 256% | 1152% | 7857% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 6 | 16 | 26 | 51 | 117 | 284 |
| Down Capture | 527% | 369% | 360% | 238% | 174% | 109% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 14 | 25 | 35 | 72 | 131 | 336 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with QNC | |
|---|---|---|---|---|
| QNC | 142.7% | 117.7% | 1.28 | - |
| Sector ETF (XLK) | 43.7% | 25.9% | 1.36 | 36.1% |
| Equity (SPY) | 23.3% | 12.8% | 1.36 | 39.0% |
| Gold (GLD) | 28.5% | 28.4% | 0.87 | 25.0% |
| Commodities (DBC) | 32.9% | 19.8% | 1.32 | -0.1% |
| Real Estate (VNQ) | 14.2% | 13.8% | 0.72 | 8.6% |
| Bitcoin (BTCUSD) | -44.2% | 42.9% | -1.23 | 24.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with QNC | |
|---|---|---|---|---|
| QNC | -11.8% | 159.3% | 0.59 | - |
| Sector ETF (XLK) | 20.5% | 25.8% | 0.71 | 16.1% |
| Equity (SPY) | 13.5% | 17.2% | 0.61 | 15.5% |
| Gold (GLD) | 18.6% | 18.6% | 0.81 | 8.7% |
| Commodities (DBC) | 8.2% | 19.6% | 0.31 | 6.2% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 6.7% |
| Bitcoin (BTCUSD) | 8.8% | 53.0% | 0.35 | 13.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with QNC | |
|---|---|---|---|---|
| QNC | -15.0% | 163.5% | 0.49 | - |
| Sector ETF (XLK) | 24.6% | 24.9% | 0.89 | 15.5% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 15.0% |
| Gold (GLD) | 12.1% | 16.2% | 0.61 | 8.7% |
| Commodities (DBC) | 7.4% | 18.0% | 0.33 | 7.1% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.20 | 7.5% |
| Bitcoin (BTCUSD) | 58.2% | 66.2% | 0.98 | 9.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/2/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/31/2026 | Annual |
| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/31/2026 | Annual |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Systems Software Resources |
| CNET |
| ZDNet |
| Gartner |
| Software Development Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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