D-Wave Quantum Inc QBTS

Alternate Symbol(s): QBTS.WS

Information Technology Services

D-Wave Quantum Inc. is a quantum computing company, which is engaged in the development and delivery of quantum computing systems, software, and services. The Company builds and delivers the systems, cloud services, application development tools, and professional services to support the end-to-end quantum computing journey for enterprises and developers. The Company's products include The Leap and The Advantage. The Leap quantum cloud service delivers immediate, real-time access to its Advantage quantum computer and quantum hybrid solver services. The Advantage quantum system is a quantum computer designed for business. It also provides quantum applications to a range of customer including, scheduling, mobility, logistics, drug discovery, portfolio optimization, manufacturing processes, and others. Its offers solutions across workforce scheduling, production scheduling, vehicle routing, resource optimization and cargo loading.

NYSE:QBTS - Post by User

D-Wave Quantum Inc > QBTS first few days of trading

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Comment by Rc0gburnon Aug 29, 2022 9:28am

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Post# 34926311

RE:QBTS first few days of trading

I had a look at the recent earnings and trading history etc. This Vancouver based company has been around for more than 10 years and from what I can see has vaporized over $300 million of investor money (pre Spac).

It is generating about $6million per year in revenue and losing about $15-20million per year. They have $60 million in cash and a $1.5billion valuation. I cant see why it doesnt trade below 5 soon....My 2 cents

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