Quantum information listed company FY2023 report

The quantum information technology sector is burgeoning, with several companies going public and entering the capital market. This report provides an in-depth analysis of these companies, revealing trends and insights into how quantum technology is transforming the business landscape.

Quantum Information Enterprises: The report focuses on companies whose primary operations are in quantum information technology, including quantum secure communication, quantum materials, quantum computing, post-quantum algorithms, quantum networks, and quantum precision measurement. Eleven companies have been identified that fit this criterion, with ten being analyzed due to the absence of BTQ Technology's annual report.

Comparative Analysis: The report presents a comparative overview of quantum listed companies, highlighting their establishment, listing details, main business or technology, market value, and the release date of their FY2023 reports. Companies such as QuantumCTek, ZheJiang Quantum Technologies, and Chengdu Spaceon Electronics are listed on Chinese exchanges, while others like Rigetti Computing, IonQ, and D-Wave Systems are listed on US exchanges.

Characteristics of Public Quantum Companies: Quantum companies going public tend to be smaller in scale with a focus on early-stage research and development. They often list on exchanges with lower requirements, catering to high-tech companies and start-ups, reflecting the industry's current developmental stage.

Financial Performance: The FY2023 reports reveal that six companies experienced revenue growth, while five saw an increase in net losses. Four companies had R&D investment exceeding 100% of their revenue, indicating the high-growth phase of the quantum technology sector. Only two companies, Rigetti and D-Wave, had a gross profit margin of over 50%.

Stock Price Movement: Following the release of the FY2023 reports, stock prices of QuantumCTek, IonQ, D-Wave, Rigetti, and Quantum Computing Inc. showed a decline. The report details the closing prices befo.