Financial Analysis of IONQ
Summary of Results
The financial analysis of IONQ presents a mixed outlook, characterized by strong revenue growth but significant challenges in profitability and stock price performance. Below, we explore key financial metrics and trends that define the company’s trajectory over the last decade.
Stock Performance
- Estimated EPS (10 years): -0.78
- Estimated Stock Price (10 years): $-16.38
- Stock Price Annual Growth Rate: -43.08%
IONQ’s stock performance shows a severe decline over the analyzed period, with an annual stock price growth rate of -43.08%. The estimated earnings per share (EPS) of -0.78 further underscores the lack of profitability.
Profitability
- Initial Net Profits: -$16.00 Million
- Current Net Profits: -$157.00 Million
- Net Profits Annual Growth Rate: 0.00%
The company’s profitability has deteriorated, with net losses expanding from $16.00 million to $157.00 million. Despite this significant increase in losses, the net profits annual growth rate is reported at 0.00%, likely due to a flat or stagnant trend in some underlying metrics.
Revenue Growth
- Initial Revenue: $2.10 Million
- Current Revenue: $22.00 Million
- Revenue Annual Growth Rate: 118.81%
In stark contrast to its profitability, IONQ’s revenue has grown exponentially at an annual rate of 118.81%. This reflects the company’s ability to capture market opportunities and expand its operations despite financial challenges.
Shareholders’ Equity
- Initial Shareholders’ Equity: $255.00 Million
- Current Shareholders’ Equity: $484.00 Million
- Shareholders’ Equity Growth Rate: 23.81%
IONQ’s shareholders’ equity has increased by 23.81% annually, signaling steady growth in the company’s retained earnings and overall financial health.
Long-Term Debt
- Initial Long-Term Debt: $0.00 Billion
- Current Long-Term Debt: $0.00 Billion
- Long-Term Debt Growth Rate: 0.00%
The company maintains a debt-free status, which is a positive indicator of its financial strategy and risk management practices.
Conclusion
IONQ’s financial analysis reveals a company with strong revenue and equity growth but substantial challenges in profitability and stock price stability. While the rapid revenue growth reflects a promising potential, the significant net losses and negative stock price growth raise concerns about the sustainability of its current trajectory. Stakeholders should weigh the opportunities against the risks as the company navigates its path forward.