XNDU Q3 2024 Earnings Report — Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares Revenue & Financial Results | Market Cap Arena

Xanadu Quantum Technologies Limited Class B Subordinate Voting SharesXNDU

Q3 2024 Earnings

Reported September 30, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q3 2024	Q2 2024	Q3 2023	QoQ Change	YoY Change
Revenue	$352.2K	—	—	—	—
Op. Income	-$8M	—	—	—	—
Gross Margin	91.3%	—	—	—	—
Net Margin	-2165.1%	—	—	—	—
EPS (Diluted)	$0.00	—	—	—	—

Income Statement

Item	Amount
REVENUE	$352.2K
Cost of Revenue	$30.7K
GROSS PROFIT	$321.5K
R&D Expenses	$6M
Selling & Marketing	$203.9K
General & Administrative	$1M
SG&A Expenses	$1M
Other Expenses	$882.1K
Operating Expenses	$9M
Cost & Expenses	$9M
OPERATING INCOME	-$8M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$771.0K
INCOME BEFORE TAX	-$8M
Income Tax Expense	$0
Net Income from Continuing Ops	-$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$8M
D&A	$932.5K
EBIT	-$8M
EBITDA	-$7M
EPS	$0
EPS Diluted	$0