IQM
Financials
Estimates*
| EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | <1m | <1m | 2.5m | 10.5m | 17.0m |
| % growth | - | 1932 % | 3281 % | 315 % | 61 % |
| EBITDA | (<1m) | (5.5m) | (10.5m) | (15.0m) | (22.9m) |
| % EBITDA margin | (24469 %) | (7324 %) | (412 %) | (143 %) | (135 %) |
| Profit | (<1m) | (6.0m) | (11.8m) | (19.4m) | (30.3m) |
| % profit margin | (24470 %) | (7927 %) | (466 %) | (184 %) | (179 %) |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Spinout | ||
€11.3m Valuation: €23.5m | Seed | ||
€2.5m | Grant | ||
| N/A | €2.5m | Grant | |
€39.0m Valuation: €215m 58163.5x EV/LTM Revenues | Series A | ||
| N/A | €25.0m | Convertible | |
€10.0m | Early VC | ||
€78.0m Valuation: €414m 162.9x EV/LTM Revenues -39.6x EV/LTM EBITDA | Series A | ||
| N/A | €22.9m Valuation: €431m | Series A | |
* | N/A | Early VC | |
| Total Funding | CAD287m | ||
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Recent News about IQM
EditDeveloper of computer hardware designed to provide technical resolutions through quantum technologies. The company's superconducting quantum circuits and quantum computing specializes in the development of high-speed quantum computers with application-specific processors using superconducting qubits and delivers on-premises quantum computers for research laboratories and supercomputing centers and provides complete access to its hardware, enabling businesses to reduce the error rates that currently limit quantum computers.
Keywords: Technology Hardware, Computer Hardware, Quantum Circuit, Quantum Computer, Quantum Computing, Quantum Fabrication, Quantum Processor, Quantum Software Ecosystem, Superconducting Technology.