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Quantum eMotion Corp V.QNC

Alternate Symbol(s):  QNCCF

Quantum eMotion Corp. is a Canada-based developer of cryptographic solutions. The Company is developing quantum random number generators (QRNG). It has launched its new QRNG2, an USB key that delivers pure entropy at 1.5 Gb/s. Its QRNG2 technology is the quantum random number generator, which is used in consumer electronics. QNG2 provides security to mobile and Internet transactions, Internet of Things (IoT) communication, machine-to- machine connections, networking equipment and cloud-based applications. Its technology is also applicable to others, such as datacenters, blockchain technologies, financial services, cloud-based information technology (IT) security infrastructure, classified government networks and communication systems, secure device keying (Internet of Things (IOT), automotive, consumer electronics) and quantum cryptography industry.


TSXV:QNC - Post by User

Post by TrickyGameon Dec 12, 2021 6:23pm
251 Views
Post# 34223571

Potential sales/profit for perspective

Potential sales/profit for perspective The cheapest QRNG device of the market is $990 CAD so basically $1000.right now. Lets say for simplicity QNC sell their device for $500. The at scale manufacturing cost is estimated to be $20 top end but lets double it to $40 in case something goes wrong and the cost increases. Now lets estimate QNC's total all in cost per device is $100 (that's admin,sales, employee salaries, benefits taxes) so QNC's profit is $500-40-100= $360 per device. Now according to reports there is 31 Billion Internet of Things devices globally in 2021 and 15 Billion mobile communication devices gobally in 2021. Obivously it's not going to be 1 QRNG device per IoT/mobile communication device. Now lets assume the TAM for QRNC devices is 100 Million potential device sales. Which could be low, I'm just trying to give a perspective. Even if QNC only sells 1 Million devices total that is $360 Million in profit. They sell only 100,000 devices that is $36 Million in profit.
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