Stocks · Technology · Services-Prepackaged Software

QUANTUM X LABS INC.

QXL Clue Score44
United States Fiscal year ends December CIK 0000797542
$3.93 -5.30% Close, 9 Oct 2026
Price $3.93 +8,369.83% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 5 Mar 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Operating income−5.4Net income−6.1Fiscal year 2017Operating income−0.6Net income−1.5Fiscal year 2018Revenue0.3Operating income−0.6Net income−0.6Fiscal year 2019Revenue0.2 −17.5%Operating income−1.0Net income−1.1Fiscal year 2020Revenue0.1 −53.8%Operating income−0.5Net income−0.4Fiscal year 2021Revenue45.2 +47,008.3%Operating income0.5Net income0.3Fiscal year 2022Revenue96.6 +113.6%Operating income2.7Net income0.0 −90.7%EPS, diluted0.00Fiscal year 2023Revenue79.6 −17.6%Operating income−7.5Net income−7.3 −26,253.6%EPS, diluted1.97Fiscal year 2024Revenue26.9 −66.2%Operating income−0.8Net income−12.1EPS, diluted2.69Fiscal year 2025Operating income−2.2Net income−19.3EPS, diluted2.28
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a n/a 0.3 0.2 0.1 45.2 96.6 79.6 26.9 n/a
Growth −17.5% −53.8% +47,008.3% +113.6% −17.6% −66.2%
Operating income −5.4 −0.6 −0.6 −1.0 −0.5 0.5 2.7 −7.5 −0.8 −2.2
Net income −6.1 −1.5 −0.6 −1.1 −0.4 0.3 0.0 −7.3 −12.1 −19.3
Growth −90.7% −26,253.6%
EPS, diluted n/a n/a n/a n/a n/a n/a 0.00 1.97 2.69 2.28

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Fiscal year 2017Fiscal year 2018Gross margin70.2%Operating margin−229.4%Net margin−228.2%Fiscal year 2019Gross margin99.0%Operating margin−482.7%Net margin−537.0%Free cash flow margin−65.9%Fiscal year 2020Gross margin94.8%Operating margin−472.9%Net margin−461.5%Fiscal year 2021Gross margin0.1%Operating margin1.2%Net margin0.7%Free cash flow margin9.0%Fiscal year 2022Operating margin2.8%Net margin0.0%Free cash flow margin3.3%Fiscal year 2023Operating margin−9.4%Net margin−9.2%Free cash flow margin1.2%Fiscal year 2024Operating margin−3.1%Net margin−44.7%Free cash flow margin5.7%Fiscal year 2025
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a n/a 70.2% 99.0% 94.8% 0.1% n/a n/a n/a n/a
Operating margin n/a n/a −229.4% −482.7% −472.9% 1.2% 2.8% −9.4% −3.1% n/a
Net margin n/a n/a −228.2% −537.0% −461.5% 0.7% 0.0% −9.2% −44.7% n/a
Free cash flow margin n/a n/a n/a −65.9% n/a 9.0% 3.3% 1.2% 5.7% n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−0.9Capital expenditure−0.0Free cash flow−0.9Fiscal year 2017Operating cash flow−0.6Fiscal year 2018Operating cash flow0.0Fiscal year 2019Operating cash flow−0.1Capital expenditure−0.0Free cash flow−0.1Fiscal year 2020Operating cash flow−0.1Fiscal year 2021Operating cash flow4.4Capital expenditure−0.3Free cash flow4.1Fiscal year 2022Operating cash flow3.2Capital expenditure−0.1Free cash flow3.2 −21.6%Dividends paid−0.1Fiscal year 2023Operating cash flow0.9Capital expenditure−0.0Free cash flow0.9 −71.1%Dividends paid−0.1Fiscal year 2024Operating cash flow1.5Capital expenditure−0.0Free cash flow1.5 +68.0%Fiscal year 2025Operating cash flow−2.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −0.9 −0.6 0.0 −0.1 −0.1 4.4 3.2 0.9 1.5 −2.8
Capital expenditure −0.0 n/a n/a −0.0 n/a −0.3 −0.1 −0.0 −0.0 n/a
Free cash flow −0.9 n/a n/a −0.1 n/a 4.1 3.2 0.9 1.5 n/a
Growth −21.6% −71.1% +68.0%
Dividends paid n/a n/a n/a n/a n/a n/a −0.1 −0.1 n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.0Shareholders’ equity−1.2Fiscal year 2017Cash0.0Shareholders’ equity−0.4Fiscal year 2018Cash0.1Shareholders’ equity−0.7Fiscal year 2019Cash0.1Shareholders’ equity−1.7Fiscal year 2020Cash0.1Total debt5.6Net cash (debt)−5.5Shareholders’ equity−2.1Fiscal year 2021Cash5.2Total debt20.9Net cash (debt)−15.7Shareholders’ equity13.7Debt to equity1.53Fiscal year 2022Cash4.2Total debt4.4Net cash (debt)−0.2Shareholders’ equity22.0Debt to equity0.20Fiscal year 2023Cash1.8Total debt4.5Net cash (debt)−2.7Shareholders’ equity14.8Debt to equity0.30Fiscal year 2024Cash0.0Total debt3.6Net cash (debt)−3.5Shareholders’ equity5.8Debt to equity0.62Fiscal year 2025Cash1.0Total debt1.4Net cash (debt)−0.3Shareholders’ equity5.0Debt to equity0.27
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.0 0.0 0.1 0.1 0.1 5.2 4.2 1.8 0.0 1.0
Total debt n/a n/a n/a n/a 5.6 20.9 4.4 4.5 3.6 1.4
Net cash (debt) n/a n/a n/a n/a −5.5 −15.7 −0.2 −2.7 −3.5 −0.3
Shareholders’ equity −1.2 −0.4 −0.7 −1.7 −2.1 13.7 22.0 14.8 5.8 5.0
Debt to equity n/a n/a n/a n/a n/a 1.53 0.20 0.30 0.62 0.27

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023† 31 Dec 2023 FY2024 31 Dec 2024 FY2025† 31 Dec 2025
Assets
0.0 0.0 0.1 0.1 0.1 5.2 4.2 1.8 0.0 1.0
n/a n/a n/a n/a 0.0 16.4 20.9 11.4 0.6 0.3
0.0 0.0 0.0 0.0 0.1 0.3 0.3 0.2 0.0 0.1
n/a n/a n/a n/a 2.9 12.5 17.4 12.3 1.1 6.4
0.1 0.0 0.2 0.2 0.2 51.3 63.7 43.3 22.0 10.8
Growth −48.7% +435.0% +45.6% −2.2% +22,682.7% +24.3% −32.0% −49.2% −51.0%
Liabilities
n/a n/a n/a n/a 5.6 16.7 1.5 1.4 3.1 0.8
n/a n/a n/a n/a n/a 4.3 2.9 3.1 0.5 0.6
calc n/a n/a n/a n/a 5.6 20.9 4.4 4.5 3.6 1.4
1.3 1.6 1.0 n/a n/a n/a n/a n/a n/a n/a
Equity
−15.0 −16.6 −13.6 −14.7 −15.2 −2.4 −3.3 −10.7 −22.7 −46.0
−1.2 −0.4 −0.7 −1.7 −2.1 13.7 22.0 14.8 5.8 5.0
Growth +60.6% −32.7% −61.1% −13.6%
Per share and net cash
calc n/a n/a n/a n/a −5.5 −15.7 −0.2 −2.7 −3.5 −0.3
20.0 22.5 0.3 31.2 34.8 14.8 14.8 3.7 5.3 10.7
calc −0.06 −0.02 −2.64 −0.05 −0.06 0.93 1.49 3.97 1.09 0.47

† The diluted share count jumps at 2023 and 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how.