Revenue
$26.94M
Fiscal year ended 2024-12-31Operating income
-$837.00K
Fiscal year ended 2024-12-31Free cash flow
$1.54M
Fiscal year ended 2024-12-31Valuation, from the filing
| Public float | $20.80M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $1.56 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today.
How this compares in its industry
Percentile among the Services-Prepackaged Software filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| CapEx / revenue | 0.0% | 1th | |
| Revenue YoY growth | -66.2% | 3th | |
| Current ratio | 0.60x | 19th | |
| FCF margin | 5.7% | 31th |
QUANTUM X LABS INC. (QXL) reported revenue of $26.94M and net income of -$12.05M for the fiscal year ended 2024-12-31. This page shows 9 annual periods of income statement, balance sheet and cash flow figures normalized from QUANTUM X LABS INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.
Income
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.94M | $79.61M | $96.60M | $45.22M | $96.00K | $208.00K | $252.00K | $0 | $0 |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | $5.00K | $2.00K | $75.00K | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | $41.00K | $91.00K | $206.00K | $177.00K | Unavailable | Unavailable |
| Operating income | -$837.00K | -$7.47M | $2.73M | $541.00K | -$454.00K | -$1.00M | -$578.00K | -$8.04M | Unavailable |
| Net income | -$12.05M | -$7.32M | $28.00K | $300.00K | -$443.00K | -$1.12M | -$575.00K | -$8.76M | -$105.05K |
| Research & development | $830.00K | $2.89M | $3.26M | $2.37M | $108.00K | $233.00K | $258.00K | -$740.20K | $0 |
| Weighted-average diluted shares | shares 4.48M | shares 3.72M | shares 15.04M | shares 15.04M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Pretax income | -$3.45M | -$8.75M | $1.27M | $681.00K | -$441.00K | -$1.10M | -$560.00K | Unavailable | Unavailable |
| Income tax expense | $131.00K | -$66.00K | $153.00K | $90.00K | $2.00K | $15.00K | $15.00K | Unavailable | Unavailable |
| Diluted EPS | $2.69 | $1.97 | $0.00 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | $2.16M | $5.68M | $4.64M | $2.73M | $445.00K | $977.00K | $497.00K | Unavailable | Unavailable |
| General & administrative | $1.85M | $2.88M | $2.16M | $1.38M | $437.00K | $720.00K | $317.00K | -$7.30M | -$116.86K |
| Selling & marketing | $309.00K | $2.80M | $2.48M | $1.34M | $8.00K | $257.00K | $180.00K | Unavailable | Unavailable |
Balance
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $24.00K | $1.77M | $4.20M | $5.21M | $148.00K | $87.00K | $51.00K | $115.45K | $14.41K |
| Total assets | $21.97M | $43.28M | $63.70M | $51.26M | $225.00K | $230.00K | $158.00K | $162.37K | $41.52K |
| Current assets | $7.75M | $17.80M | $29.84M | $29.24M | $225.00K | $225.00K | $153.00K | $141.25K | $40.13K |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $975.15K | $288.78K | $137.64K |
| Current liabilities | $12.93M | $19.77M | $28.52M | $26.77M | $2.30M | $1.92M | $833.00K | $288.78K | $137.64K |
| Total equity incl. NCI | $7.51M | $18.62M | $29.90M | $18.52M | $13.27M | -$1.69M | -$721.00K | -$126.41K | -$96.12K |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $46.00K | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $557.00K | $11.36M | $20.94M | $16.42M | $15.00K | Unavailable | $15.00K | Unavailable | Unavailable |
| Goodwill | $1.08M | $12.25M | $17.36M | $12.48M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $496.00K | $3.06M | $2.88M | $4.27M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | $2.44M | $12.36M | $19.78M | $16.68M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.54M | $934.00K | $3.24M | $4.37M | -$53.00K | -$135.00K | $30.00K | -$1.30M | -$110.69K |
| Capital expenditures | $1.00K | $16.00K | $58.00K | $311.00K | Unavailable | $2.00K | Unavailable | $26.22K | Unavailable |
| Investing cash flow | -$1.00K | -$16.00K | -$74.00K | -$10.76M | $13.00K | -$1.00K | Unavailable | $441.16K | -$1.46K |
| Financing cash flow | -$2.78M | -$3.38M | -$4.22M | $8.28M | $99.00K | $174.00K | $2.04M | $989.97K | $117.63K |
| Net change in cash | -$1.24M | -$2.46M | -$1.06M | $1.88M | $59.00K | $38.00K | $29.00K | $101.04K | $1.00K |
| Stock-based compensation | $69.00K | $135.00K | $71.00K | -$43.00K | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | Unavailable | $130.00K | $917.00K | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $813.00K | $2.95M | $2.81M | $1.94M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $1.54M | $918.00K | $3.18M | $4.06M | Unavailable | -$137.00K | Unavailable | -$1.33M | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | 94.8% | 99.0% | 70.2% | Unavailable | Unavailable |
| Operating margin | Unavailable | -9.4% | 2.8% | 1.2% | -472.9% | -482.7% | -229.4% | Unavailable | Unavailable |
| FCF margin | 5.7% | 1.2% | 3.3% | 9.0% | Unavailable | -65.9% | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | 0.2% | 0.1% | -0.1% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 0.60x | 0.90x | 1.05x | 1.09x | 0.10x | 0.12x | 0.18x | 0.49x | 0.29x |
| Revenue YoY growth | -66.2% | -17.6% | 113.6% | 47008.3% | -53.8% | -17.5% | Unavailable | Unavailable | Unavailable |
| Net margin | Unavailable | -9.2% | 0.0% | 0.7% | -461.5% | -537.0% | -228.2% | Unavailable | Unavailable |
| R&D / revenue | Unavailable | 3.6% | 3.4% | 5.2% | 112.5% | 112.0% | 102.4% | Unavailable | Unavailable |
| CapEx / revenue | 0.0% | 0.0% | 0.1% | 0.7% | Unavailable | 1.0% | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | 12.0% | 13.2% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open QXL in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-27View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-19View SEC filing
10-Q · Filed 2025-05-14View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.