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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 offers QRNG2, an USB key that delivers pure entropy at 1.8 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. The Company offers Entropy-as-a-Service (EaaS) concept where a service provider delivers on-demand entropy through a cloud network. Its random number generator (QRNG2) utilizes quantum electron tunneling to produce truly random and unpredictable numbers. By integrating QRNG2 into the QxEaaS platform, it offers a range of on-demand entropy and IT security services for authorized devices. The platform distributes cryptographically secured keys and strings.


TSXV:QNC - Post by User

Post by lscfaon Dec 28, 2024 2:39pm
363 Views
Post# 36379501

Valuation

Valuation

QRNG market size is $800 million Cdn in 2024 and growing to $36.5 billion in 2032. If QNC can get 1% market share it will generate many millions of revenue. 




 

Global Quantum Random Number Generator RNG Market size is USD 555.9 million in 2024. Growing adoption of quantum computing is expected to boost the sales to USD 25367.7 Million by 2031 with a Compound Annual Growth Rate (CAGR) of 72.60% from 2024 to 2031.

 


 

 

 

$ Cdn

$ Cdn

$ Cdn

Revenue

20,000,000

50,000,000

100,000,000

80% margin

16,000,000

40,000,000

80,000,000

Corp overhead

(2,500,000)

(2,500,000)

(2,500,000)

30% tax

(4,050,000)

(11,250,000)

(23,250,000)

Net income

9,450,000

26,250,000

54,250,000

Diluted Shs o/s

185,740,838

185,740,838

185,740,838

eps

$0.051

$0.141

$0.292

Multiple

25

25

25

Share value

$1.272

$3.533

$7.302

 

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