Why is D-Wave Quantum, Inc. ?
1
The company has declared positive results in Mar'2025 after 2 consecutive negative quarters
- NET PROFIT(HY) Higher at USD -34.65 MM
- RAW MATERIAL COST(Y) Fallen by -0.42% (YoY)
- DEBTORS TURNOVER RATIO(HY) Highest at 14.79 times
2
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 579.13%, its profits have risen by 4.9%
3
Market Beating performance in long term as well as near term
- Along with generating 579.13% returns in the last 1 year, the stock has outperformed S&P 500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to D-Wave Quantum, Inc. should be less than 10%
- Overall Portfolio exposure to IT - Hardware should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in IT - Hardware)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is D-Wave Quantum, Inc. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
D-Wave Quantum, Inc.
84.4%
13.88
160.84%
S&P 500
13.68%
0.70
20.15%
Quality key factors
Factor
Value
Sales Growth (5y)
123.92%
EBIT Growth (5y)
-321.13%
EBIT to Interest (avg)
-19.07
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-1.31
Sales to Capital Employed (avg)
-0.25
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
64.88%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
9.63
EV to EBIT
-65.95
EV to EBITDA
-67.69
EV to Capital Employed
-42.85
EV to Sales
234.27
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
-10.52%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
16What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD -51.6 MM
NET PROFIT(HY)
Higher at USD -43.41 MM
NET SALES(Q)
At USD 3.74 MM has Grown at 99.95%
RAW MATERIAL COST(Y)
Fallen by -28.48% (YoY
-2What is not working for the Company
DEBT-EQUITY RATIO
(HY)
Highest at -118.77 %
OPERATING PROFIT(Q)
Lowest at USD -27.17 MM
Here's what is working for D-Wave Quantum, Inc.
Net Sales
At USD 3.74 MM has Grown at 99.95%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (USD MM)
Net Profit
Higher at USD -43.41 MM
than preceding 12 month period ended Sep 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (USD MM)
Operating Cash Flow
Highest at USD -51.6 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Raw Material Cost
Fallen by -28.48% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for D-Wave Quantum, Inc.
Operating Profit
Lowest at USD -27.17 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (USD MM)
Debt-Equity Ratio
Highest at -118.77 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio






