Develops quantum encryption software for secure data transmission.
Sep 2024Revenue $293K/yrExpenses $25.0M/yr
No trendCash runway ≈ 7 months from Sep 2024
Figures by year
When will Arqit Quantum be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Sep 2024, revenue was $293K and expenses $25.0M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Sep 2024 | $293K | $25.0M | −$24.7M |
| Sep 2023 | $640K | $55.1M | −$54.5M |
| Sep 2022 | $7.21M | $71.0M | −$63.8M |
| Sep 2021 | $48.0K | $173M | −$173M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.