IQMX
IQM Quantum Computers Oyj American Depositary Shares
Price Chart
Latest Quote
$13.03
| Previous Close | $12.76 |
| Open | $12.76 |
| Day High | $13.78 |
| Day Low | $11.62 |
| Volume | 689,458 |
Stock Information
| Shares Outstanding | 210.99M |
| Sector | Technology |
| Industry | Computer Hardware |
| Market Cap | $2.75B |
| EPS (TTM) | $-0.29 |
| Exchange | NGM |
đ Comprehensive Analysis
Company Data
Financial Ratios
Returns & Margins
Ownership
| Institutional Ownership | 92.62% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $10.98 |
| SMA50 | $11.13 |
| SMA200 | $10.55 |
| RSI | 76.17 |
| ATR | 0.5897 |
| Rel Volume | 0.82 |
Performance History
| Week | +22.00% |
| Month | +10.52% |
| Quarter | +24.69% |
| 6 Months | +27.50% |
| YTD | +27.50% |
| Year | +28.37% |
| 10 Years | +29.65% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-07-02 | $13.03 | 691,000 |
| 2026-07-01 | $13.42 | 2,940,200 |
| 2026-06-30 | $10.80 | 191,600 |
| 2026-06-29 | $10.74 | 289,500 |
| 2026-06-26 | $10.58 | 227,800 |
| 2026-06-25 | $10.68 | 539,100 |
| 2026-06-24 | $10.84 | 885,800 |
| 2026-06-23 | $10.43 | 616,500 |
| 2026-06-22 | $10.45 | 2,430,900 |
| 2026-06-18 | $10.47 | 1,458,500 |
| 2026-06-17 | $10.51 | 1,175,700 |
| 2026-06-16 | $10.50 | 1,196,100 |
| 2026-06-15 | $10.60 | 1,403,200 |
| 2026-06-12 | $10.69 | 154,400 |
| 2026-06-11 | $10.79 | 320,600 |
| 2026-06-10 | $10.83 | 387,000 |
| 2026-06-09 | $10.82 | 451,000 |
| 2026-06-08 | $10.93 | 296,400 |
| 2026-06-05 | $11.11 | 651,500 |
| 2026-06-04 | $11.47 | 612,800 |
| 2026-06-03 | $11.80 | 316,400 |
About IQM Quantum Computers Oyj American Depositary Shares
IQM Finland Oy builds and delivers quantum computers. The company provides quantum computers and integrates them into high-performance computing centers and research institutions, offering a fully managed service environment with access to quantum processing units and hardware through cloud partners such as AWS and T-Systems. It supplies open-source software, including KQCircuits, for designing superconducting quantum processors, and supports a universal programming environment and simulator for quantum algorithm development, testing, and benchmarking. The company delivers quantum computing solutions for applications such as quantum finance and hybrid quantum solutions for the chemical and material industries, operates a quantum data center, and provides upgrades, parts, and services for system maintenance and support. The company serves high-performance computing centers, research centers, organizations in finance and scientific research, and enterprise clients seeking quantum computing solutions. The company was founded in 2018 and is based in Espoo, Finland.
Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | ||
| Reconciled Cost Of Revenue | $16,350,000 | $11,353,000 |
| Cost Of Revenue | $16,350,000 | $11,353,000 |
| Total Revenue | $31,333,000 | $16,436,000 |
| Operating Revenue | $31,333,000 | $16,436,000 |
| Expenses | ||
| Interest Expense | $1,131,000 | $1,516,000 |
| Total Expenses | $87,649,000 | $66,491,000 |
| Other Income Expense | $-1,895,000 | $53,000 |
| Net Non Operating Interest Income Expense | $4,155,000 | $-4,100,000 |
| Total Other Finance Cost | $-3,375,000 | $2,599,000 |
| Interest Expense Non Operating | $1,131,000 | $1,516,000 |
| Operating Expense | $71,299,000 | $55,138,000 |
| Other Operating Expenses | $-3,731,000 | $-4,130,000 |
| Selling And Marketing Expense | $5,879,000 | $4,451,000 |
| General And Administrative Expense | $18,475,000 | $12,401,000 |
| Income & Earnings | ||
| Net Income From Continuing Operation Net Minority Interest | $-54,389,000 | $-54,105,000 |
| Net Interest Income | $4,155,000 | $-4,100,000 |
| Interest Income | $1,911,000 | $15,000 |
| Normalized Income | $-52,873,000 | $-54,147,400 |
| Net Income From Continuing And Discontinued Operation | $-54,389,000 | $-54,105,000 |
| Total Operating Income As Reported | $-58,063,000 | $-50,037,000 |
| Net Income Common Stockholders | $-54,389,000 | $-54,105,000 |
| Net Income | $-54,389,000 | $-54,105,000 |
| Net Income Including Noncontrolling Interests | $-54,389,000 | $-54,105,000 |
| Net Income Continuous Operations | $-54,389,000 | $-54,105,000 |
| Pretax Income | $-54,056,000 | $-54,103,000 |
| Special Income Charges | $-1,747,000 | $19,000 |
| Interest Income Non Operating | $1,911,000 | $15,000 |
| Operating Income | $-56,316,000 | $-50,055,000 |
| Gross Profit | $14,983,000 | $5,083,000 |
| Per Share | ||
| Diluted EPS | - | $-0.26 |
| Basic EPS | - | $-0.26 |
| Other | ||
| Tax Effect Of Unusual Items | $-379,000 | $10,600 |
| Tax Rate For Calcs | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-37,867,000 | $-41,083,000 |
| Total Unusual Items | $-1,895,000 | $53,000 |
| Total Unusual Items Excluding Goodwill | $-1,895,000 | $53,000 |
| Reconciled Depreciation | $13,163,000 | $11,557,000 |
| EBITDA (Bullshit earnings) | $-39,762,000 | $-41,030,000 |
| EBIT | $-52,925,000 | $-52,587,000 |
| Diluted NI Availto Com Stockholders | $-54,389,000 | $-54,105,000 |
| Tax Provision | $333,000 | $2,000 |
| Other Special Charges | $-213,000 | - |
| Write Off | $182,000 | $-19,000 |
| Impairment Of Capital Assets | $1,778,000 | $0 |
| Gain On Sale Of Security | $-148,000 | $34,000 |
| Research And Development | $50,676,000 | $42,416,000 |
| Selling General And Administration | $24,354,000 | $16,852,000 |
| Other Gand A | $18,475,000 | $12,401,000 |
| Diluted Average Shares | - | $211,004,726 |
| Basic Average Shares | - | $211,004,726 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Assets | ||
| Net Tangible Assets | $204,981,000 | $6,656,000 |
| Total Assets | $265,613,000 | $107,696,000 |
| Total Non Current Assets | $70,710,000 | $75,997,000 |
| Other Non Current Assets | $-1,000 | - |
| Non Current Prepaid Assets | $896,000 | $1,086,000 |
| Investmentin Financial Assets | $14,000 | $0 |
| Goodwill And Other Intangible Assets | $920,000 | $1,078,000 |
| Other Intangible Assets | $920,000 | $1,078,000 |
| Current Assets | $194,903,000 | $31,699,000 |
| Other Current Assets | $1,416,000 | $153,000 |
| Current Deferred Assets | $1,445,000 | $0 |
| Prepaid Assets | $2,897,000 | $4,168,000 |
| Inventory | $13,491,000 | $5,651,000 |
| Receivables | $28,234,000 | $3,631,000 |
| Other Receivables | $9,241,000 | $1,060,000 |
| Taxes Receivable | $3,504,000 | $515,000 |
| Accounts Receivable | $15,489,000 | $2,056,000 |
| Allowance For Doubtful Accounts Receivable | $-157,000 | $-11,000 |
| Gross Accounts Receivable | $15,647,000 | $2,066,000 |
| Cash Cash Equivalents And Short Term Investments | $147,420,000 | $18,096,000 |
| Cash And Cash Equivalents | $146,544,000 | $17,247,000 |
| Cash Financial | $146,544,000 | $17,247,000 |
| Debt | ||
| Total Debt | $24,838,000 | $68,894,000 |
| Long Term Debt And Capital Lease Obligation | $21,406,000 | $61,040,000 |
| Long Term Debt | $9,221,000 | $46,613,000 |
| Current Debt And Capital Lease Obligation | $3,432,000 | $7,854,000 |
| Current Debt | $957,000 | $5,078,000 |
| Other Current Borrowings | $957,000 | $5,078,000 |
| Net Debt | - | $34,444,000 |
| Liabilities | ||
| Total Liabilities Net Minority Interest | $59,712,000 | $99,962,000 |
| Total Non Current Liabilities Net Minority Interest | $21,420,000 | $75,581,000 |
| Current Liabilities | $38,292,000 | $24,381,000 |
| Other Current Liabilities | $8,084,000 | $2,942,000 |
| Current Deferred Liabilities | $7,576,000 | $5,172,000 |
| Payables And Accrued Expenses | $13,229,000 | $4,412,000 |
| Payables | $9,860,000 | $4,412,000 |
| Total Tax Payable | $1,005,000 | - |
| Income Tax Payable | $107,000 | - |
| Accounts Payable | $8,855,000 | $4,412,000 |
| Other Non Current Liabilities | - | $130,000 |
| Derivative Product Liabilities | - | $14,397,000 |
| Equity | ||
| Common Stock Equity | $205,901,000 | $7,734,000 |
| Total Equity Gross Minority Interest | $205,901,000 | $7,734,000 |
| Stockholders Equity | $205,901,000 | $7,734,000 |
| Gains Losses Not Affecting Retained Earnings | $438,141,000 | $185,585,000 |
| Other Equity Adjustments | $438,141,000 | $185,585,000 |
| Retained Earnings | $-232,243,000 | $-177,854,000 |
| Other | ||
| Ordinary Shares Number | $211,004,726 | $211,004,726 |
| Share Issued | $211,004,726 | $211,004,726 |
| Tangible Book Value | $204,981,000 | $6,656,000 |
| Invested Capital | $216,079,000 | $59,425,000 |
| Working Capital | $156,611,000 | $7,318,000 |
| Capital Lease Obligations | $14,660,000 | $17,203,000 |
| Total Capitalization | $215,122,000 | $54,347,000 |
| Capital Stock | $3,000 | $3,000 |
| Common Stock | $3,000 | $3,000 |
| Employee Benefits | $14,000 | $14,000 |
| Long Term Capital Lease Obligation | $12,185,000 | $14,427,000 |
| Current Deferred Revenue | $7,576,000 | $5,172,000 |
| Current Capital Lease Obligation | $2,475,000 | $2,776,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $5,971,000 | $4,001,000 |
| Current Accrued Expenses | $3,369,000 | - |
| Investments And Advances | $14,000 | $0 |
| Available For Sale Securities | $14,000 | - |
| Net PPE | $68,881,000 | $73,833,000 |
| Accumulated Depreciation | $-26,305,000 | $-15,134,000 |
| Gross PPE | $95,186,000 | $88,967,000 |
| Leases | $15,319,000 | $10,773,000 |
| Construction In Progress | $2,209,000 | $3,055,000 |
| Other Properties | $4,000 | $3,357,000 |
| Machinery Furniture Equipment | $62,763,000 | $57,171,000 |
| Buildings And Improvements | $14,891,000 | $14,611,000 |
| Properties | $0 | $0 |
| Other Inventories | $-1,000 | - |
| Work In Process | $1,274,000 | $706,000 |
| Raw Materials | $12,218,000 | $4,945,000 |
| Other Short Term Investments | $876,000 | $849,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Free Cash Flow | ||
| Free Cash Flow | $-68,733,000 | $-50,971,000 |
| Operating Activities | ||
| Operating Cash Flow | $-57,197,000 | $-39,470,000 |
| Cash Flow From Continuing Operating Activities | $-57,195,000 | $-39,471,000 |
| Operating Gains Losses | $1,198,000 | $9,000 |
| Investing Activities | ||
| Capital Expenditure | $-11,536,000 | $-11,501,000 |
| Investing Cash Flow | $-9,597,000 | $-11,486,000 |
| Cash Flow From Continuing Investing Activities | $-9,597,000 | $-11,486,000 |
| Financing Activities | ||
| Repurchase Of Capital Stock | $-29,490,000 | $0 |
| Issuance Of Capital Stock | $282,177,000 | $0 |
| Financing Cash Flow | $196,149,000 | $11,533,000 |
| Cash Flow From Continuing Financing Activities | $196,149,000 | $11,533,000 |
| Net Other Financing Charges | $-6,272,000 | $-42,000 |
| Cash Dividends Paid | $0 | $0 |
| Net Common Stock Issuance | $252,687,000 | $0 |
| Common Stock Issuance | $282,177,000 | $0 |
| Other | ||
| Repayment Of Debt | $-44,556,000 | $-4,517,000 |
| Issuance Of Debt | $824,000 | $17,302,000 |
| End Cash Position | $146,544,000 | $17,247,000 |
| Beginning Cash Position | $17,247,000 | $56,641,000 |
| Effect Of Exchange Rate Changes | $-57,000 | $30,000 |
| Changes In Cash | $129,354,000 | $-39,424,000 |
| Interest Paid Cff | $-6,534,000 | $-1,210,000 |
| Common Stock Payments | $-29,490,000 | $0 |
| Net Issuance Payments Of Debt | $-43,732,000 | $12,785,000 |
| Net Long Term Debt Issuance | $-43,732,000 | $12,785,000 |
| Long Term Debt Payments | $-44,556,000 | $-4,517,000 |
| Long Term Debt Issuance | $824,000 | $17,302,000 |
| Interest Received Cfi | $1,911,000 | $15,000 |
| Net PPE Purchase And Sale | $-11,508,000 | $-11,501,000 |
| Sale Of PPE | $28,000 | $0 |
| Purchase Of PPE | $-11,536,000 | $-11,501,000 |
| Change In Working Capital | $-21,930,000 | $-3,686,000 |
| Change In Other Working Capital | $2,001,000 | $-2,871,000 |
| Change In Other Current Liabilities | $3,923,000 | $1,793,000 |
| Change In Other Current Assets | $-4,901,000 | $2,275,000 |
| Change In Payables And Accrued Expense | $4,520,000 | $-3,662,000 |
| Change In Payable | $4,520,000 | $-3,662,000 |
| Change In Account Payable | $4,520,000 | $-3,662,000 |
| Change In Inventory | $-7,788,000 | $-959,000 |
| Change In Receivables | $-19,685,000 | $-262,000 |
| Changes In Account Receivables | $-13,420,000 | $379,000 |
| Other Non Cash Items | $-3,538,000 | $4,026,000 |
| Stock Based Compensation | $6,272,000 | $2,608,000 |
| Provisionand Write Offof Assets | $39,000 | $119,000 |
| Asset Impairment Charge | $1,655,000 | - |
| Deferred Tax | $333,000 | $2,000 |
| Deferred Income Tax | $333,000 | $2,000 |
| Depreciation Amortization Depletion | $13,163,000 | $11,557,000 |
| Depreciation And Amortization | $13,163,000 | $11,557,000 |
| Amortization Cash Flow | $158,000 | $158,000 |
| Amortization Of Intangibles | $158,000 | $158,000 |
| Depreciation | $13,005,000 | $11,399,000 |
| Gain Loss On Sale Of PPE | $1,198,000 | $9,000 |
| Net Income From Continuing Operations | $-54,389,000 | $-54,105,000 |