Financials · QNC

Quantum eMotion Corp. (QNC) financials

For fiscal 2025 (ended Dec 31, 2025), Quantum eMotion Corp. reported -C$10.55M of net income. Figures are in CAD, the currency of its SEC filings.

Net income, FY2025
-C$10.55M
Free cash flow, FY2025
-C$4.10M
EPS, diluted, FY2025
C$0.06
EPS growth, YoY
+175.0%
Cash
C$246.7K
Annual net income-C$10.55M
FY2024FY2025

QNC revenue and earnings growth

QNC net incomeFY2025-C$10.55M

QNC net income was -C$10.55M for fiscal 2025 (ended Dec 31, 2025), compared with -C$2.97M in fiscal 2024.

QNC EPSFY2025C$0.06

FY YoY
+175.0%

QNC diluted EPS was C$0.06 for fiscal 2025 (ended Dec 31, 2025), up 175.0% from fiscal 2024.

QNC free cash flowFY2025-C$4.10M

QNC free cash flow was -C$4.10M for fiscal 2025 (ended Dec 31, 2025).

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Research and developmentC$1.07MC$709.4K
Selling, general and adminC$2.24MC$1.64M
Interest expenseC$28.7KC$15.4K
Net income-C$10.55M-C$2.97M
EPS, basicC$0.06C$0.02
EPS, dilutedC$0.06C$0.02
Diluted shares186.7M148.4M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Cash and equivalentsC$246.7KC$1.36M
Current assetsC$37.75MC$1.53M
Total assetsC$42.89MC$1.86M
Current liabilitiesC$630.9KC$473.3K
Total liabilitiesC$647.9KC$519.6K
Shareholders' equityC$42.24MC$1.34M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Operating cash flow-C$4.07M-C$2.11M
Capital expendituresC$31.9K-
Free cash flow-C$4.10M-
Investing cash flow-C$41.34MC$668.5K
Financing cash flowC$44.30MC$2.49M
Stock-based compensationC$6.83MC$399.8K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
EPS growth, YoY175.0%-
Return on equity-25.0%-221.9%
Return on assets-24.6%-159.8%
Current ratio59.833.23

Source: XBRL data Quantum eMotion Corp. files with the SEC, latest filing dated Mar 31, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

QNC FAQ

6 questions
  • Is QNC profitable?
    No. Quantum eMotion Corp. reported a net loss of C$10.55M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does QNC have?
    Quantum eMotion Corp. reported C$246.7K in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • What is QNC free cash flow?
    Quantum eMotion Corp. generated -C$4.10M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -C$4.07M less capital expenditures.
  • What is QNC earnings per share?
    Diluted earnings per share were C$0.06 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did QNC last report financial results?
    The latest statements here come from Quantum eMotion Corp.'s 40-F filed on Mar 31, 2026, covering the period ended Dec 31, 2025.
  • Where does this QNC financial data come from?
    Quantisnow builds these statements from the structured XBRL data Quantum eMotion Corp. files with the SEC. It is provided for information only and is not investment advice.