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Quantum eMotion
(QNC)
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Rating:44Neutral
Price Target:
C$2.50
▼(-12.28% Downside)
Action:Reiterated
Date:08/17/26
The score is primarily constrained by very weak financial performance (tiny revenue base, large losses, and ongoing negative free cash flow), partially offset by a low-leverage balance sheet. Technicals are mixed with short-term strength but longer-term trend pressure, and valuation is not supportive due to negative earnings and no dividend yield data.
Positive Factors
Low Leverage
Minimal leverage reduces near-term solvency pressure and limits the burden of interest or refinancing obligations. This conservative capital structure gives Quantum eMotion more flexibility to pursue its technology strategy, although that benefit depends on eventually improving profitability and cash generation.
Negative Factors
Extremely Small Revenue Base
The very small revenue base shows that the business has not yet reached meaningful commercial scale. Negative gross profit further suggests that current sales do not cover direct costs, leaving the company highly dependent on future adoption and rapid revenue expansion to support its operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Minimal leverage reduces near-term solvency pressure and limits the burden of interest or refinancing obligations. This conservative capital structure gives Quantum eMotion more flexibility to pursue its technology strategy, although that benefit depends on eventually improving profitability and cash generation.
Read all positive factors
Quantum eMotion (QNC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$522.10M
Dividend YieldN/A
Average Volume (3M)237.31K
Price to Earnings (P/E)―
Beta (1Y)1.59
Revenue GrowthN/A
EPS Growth-66.07%
CountryCA
Employees17
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)-0.07
Shares Outstanding219,369,670
10 Day Avg. Volume256,879
30 Day Avg. Volume237,312
Financial Highlights & Ratios
PEG Ratio-0.52
Price to Book (P/B)22.14
Price to Sales (P/S)83731.47
P/FCF Ratio-227.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$6.90Price Target Upside142.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Quantum eMotion Business Overview & Revenue Model
Company Description
Based in Canada, Quantum eMotion Corp. specializes in pioneering cryptographic solutions that harness quantum random number generators. The company designs and delivers secure data and communication products for various industries, including finan...
How the Company Makes Money
Quantum eMotion’s specific, current revenue model and major revenue streams are not publicly detailed in the information available to me here; therefore, a precise breakdown (e.g., product vs. licensing vs. services, customer segments, pricing str...
Quantum eMotion Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 23.23K | 11.17K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -522.84K | 11.17K | -22.31K | 0.00 | -22.30K | -22.30K |
| EBITDA | -13.39M | -10.47M | -2.94M | -2.09M | -2.17M | -1.53M |
| Net Income | -14.00M | -10.55M | -2.97M | -2.39M | -2.80M | -1.56M |
Balance Sheet | ||||||
| Total Assets | 48.31M | 42.89M | 1.86M | 1.65M | 4.04M | 3.10M |
| Cash, Cash Equivalents and Short-Term Investments | 34.00M | 37.19M | 1.45M | 1.08M | 3.51M | 2.04M |
| Total Debt | 159.87K | 55.98K | 46.35K | 40.00K | 40.00K | 53.57K |
| Total Liabilities | 10.16M | 647.86K | 519.61K | 226.81K | 377.75K | 389.43K |
| Stockholders Equity | 38.16M | 42.24M | 1.34M | 1.42M | 3.66M | 2.71M |
Cash Flow | ||||||
| Free Cash Flow | -6.23M | -4.10M | -2.11M | -2.43M | -1.63M | -1.81M |
| Operating Cash Flow | -6.18M | -4.07M | -2.11M | -2.08M | -1.62M | -1.47M |
| Investing Cash Flow | -14.77M | -41.34M | 668.49K | -196.80K | -21.03K | -1.34M |
| Financing Cash Flow | 20.13M | 44.30M | 2.49M | 0.00 | 3.21M | 3.81M |
Quantum eMotion Technical Analysis
Negative
2.85
Price Trends
3.27
Negative
3.70
Negative
3.91
Negative
Market Momentum
-0.20
Positive
25.88
Positive
10.78
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QNC, the sentiment is Negative. The current price of 2.85 is below the 20-day moving average (MA) of 2.94, below the 50-day MA of 3.27, and below the 200-day MA of 3.91, indicating a bearish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 25.88 is Positive, neither overbought nor oversold. The STOCH value of 10.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:QNC.
Quantum eMotion Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | C$1.17B | 18.24 | 27.67% | 11.71% | 2.82% | 8.34% | |
74 Outperform | C$886.80M | 12.45 | 11.97% | 7.48% | -4.08% | -7.65% | |
69 Neutral | C$856.04M | 20.76 | 113.64% | ― | 11.23% | 65.79% | |
67 Neutral | C$541.69M | 55.90 | 8.60% | ― | 4.68% | -74.74% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | C$396.86M | -14.95 | -19.77% | ― | 9.70% | 11.90% | |
44 Neutral | C$522.10M | -35.10 | -38.13% | ― | ― | -66.07% |
* Technology Sector Average
TSE:QNC
Quantum eMotion
2.38
1.24
108.77%
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Quantum eMotion Corporate Events
Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance
Quantum eMotion Advances NIST Validation for Quantum Entropy Module
Positive
Aug 26, 2026
Quantum eMotion Corp., a quantum-secure cybersecurity specialist, is building a portfolio of hardware and software security products around its patented Quantum Random Number Generator technology for connected devices. Its market focus spans finan...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.