ARQQ Earnings Prediction
The chart below shows how ARQQ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ARQQ sees a +0.00% change in stock price 10 days leading up to the earnings, and a +0.00% change 10 days following the report. On the earnings day itself, the stock moves by +0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
ARQQ Key Earning Data
2024/Q4
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Total Revenue
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Gross Margin
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Operating Margin
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Net Margin
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EPS
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No Data Available
ARQQ Earnings Analysis
Arqit Quantum Inc. Ordinary Shares Corporation (ARQQ.O) Earnings Conference Call
Positive
Revenue Decline Analysis: Arqit generated $293,000 in revenue for the fiscal year, compared to $640,000 in the previous year, reflecting a significant market opportunity.
Contract Execution Increase: The company executed 13 contracts in 2024, up from 7 in 2023, indicating increased customer engagement.
Market Engagement Expansion: Arqit engaged in significant technical discussions with 11 entities, including eight telecom network operators, enhancing its market presence.
Headcount Reduction Strategy: The company reduced its headcount to 82 employees at fiscal year-end from 147 the prior year, demonstrating effective cost management.
Cash Position Analysis: Arqit's cash and cash equivalents at the end of fiscal year 2024 were $18.7 million, compared to $44.5 million at the end of fiscal year 2023, indicating a strong liquidity position.
Negative
Revenue Decline Analysis: Revenue for fiscal year 2024 was $293,000, down from $640,000 in the previous year, indicating a significant decline in sales performance.
Perpetual License Sales Decline: The company sold only 2 perpetual licenses in fiscal year 2024, compared to 7 in fiscal year 2023, reflecting a drop in high upfront revenue.
Operating Loss Comparison: Operating loss for the period was $24.6 million versus a loss of $54.5 million for fiscal year 2023, showing continued financial strain despite lower expenses.
Administrative Expense Reduction: Administrative expenses for the period were $23.5 million versus $55.2 million for fiscal year 2023, indicating a significant reduction but still reflecting operational challenges.
Employee Headcount Reduction: The headcount was reduced to 85 employees at fiscal year-end from 147 the prior year, highlighting ongoing cost-cutting measures and potential impacts on operational capacity.
ARQQ FAQs
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ARQQ Earning Call Sentiment
Arqit Quantum Inc. (ARQQ) Q4 2024 Earnings Call Transcript
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ARQQ.O
35.13%Positive
Revenue and cash position have significantly declined, indicating financial instability. While operating loss improved, revenue drop and lack of shareholder return plan are concerning. Q&A reveals vague responses on revenue opportunities, adding uncertainty. Despite cost management, cash flow risks persist. Competitive market and regulatory challenges further dampen sentiment. Overall, these factors suggest a negative outlook for stock price movement.
