IONQ-WT Company Profile and Key Details

Over the trailing twelve months, IonQ WT generated $22.04M in revenue, or $0.11 per share. Gross margin was 16.15%, operating margin -715.70%, and net profit margin -715.77%. Returns are negative, with ROA at -28.41% and ROE at -32.53%.
On valuation metrics, IonQ WT trades at a P/E of -6.14, P/S of 135.59 and P/B of 3.96. The current ratio is 8.73 and quick ratio is 8.31. Operationally, the company’s inventory turnover is 1.06 and cash conversion cycle is 410.41 days. Debt-to-equity is 0.01, supported by a cash flow-to-debt ratio of -8.70.

For the quarter ended Dec 31, 2023, IonQ WT posted revenue of $22.04M, down slightly from $11.13M in the prior quarter. Gross profit was $3.56M (margin 16.15%). Operating income was - $157.75M (margin -715.7%). Net income was- $157.77M (EPS - $0.78).
The company ended the quarter with $355.44M in cash and short-term investments, a total debt of $8.11M, and net debt of - $27.56M. Total assets were $555.43M, with equity of $484.99M. Financials further reflected weakness, with operating cash flow of - $78.81M, free cash flow of - $98.36M, and capital expenditures of - $19.55M.