IQM Quantum Computers Oyj (IQMX) Key Metrics
IQMX key metrics, 2024–2025
Fiscal year ended December 31, 2025 · eurosIQMX returns How much profit the business earns on the capital it uses.
IQMX financial health Debt, liquidity and how easily interest is covered.
IQMX efficiency & capital use Working capital cycle and where the cash goes.
IQMX returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
IQMX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
IQMX cash returned to shareholders
IQMX key metrics in euros
2024–2025| 2025 | 2024 | |
|---|---|---|
| Returns & profitability | ||
| Return on equity (ROE) | −50.9% | −699.6% |
| Return on invested capital (ROIC) | −62.7% | −67.6% |
| Return on assets (ROA) | −29.1% | −50.2% |
| Return on tangible assets | −20.5% | −50.7% |
| Free cash flow margin | −219.4% | −310.1% |
| Financial health | ||
| Total debt | €24.8M | €68.9M |
| Cash & short-term investments | €147.4M | €18.1M |
| Net debt | −€122.6M | €50.8M |
| Debt / equity | 0.12 | 8.91 |
| Debt / assets | 0.09 | 0.64 |
| Current ratio | 5.09 | 1.30 |
| Quick ratio | 4.74 | 1.07 |
| Interest coverage | -49.8 | -33.0 |
| Working capital | €156.6M | €7.3M |
| Invested capital | €83.3M | €58.5M |
| Tangible asset value | €205.0M | €6.7M |
| Net current asset value | €135.2M | −€68.3M |
| Capital allocation | ||
| Dividends paid | €0 | €0 |
| Share buybacks (net) | €29.5M | €0 |
| Capex / revenue | 36.8% | 70.0% |
| Capex / depreciation | 0.88 | 1.00 |
| Stock-based compensation / revenue | 20.0% | 15.9% |
| R&D / revenue | 161.7% | 258.1% |
| SG&A / revenue | 59.0% | 75.5% |
| Efficiency | ||
| Days sales outstanding | 185.6 | 80.6 |
| Days of inventory on hand | 213.7 | 181.7 |
| Days payables outstanding | 148.1 | 141.8 |
| Cash conversion cycle (days) | 251.2 | 120.5 |
| Receivables turnover | 1.97 | 4.53 |
| Payables turnover | 2.46 | 2.57 |
| Inventory turnover | 1.71 | 2.01 |
| Asset turnover | 0.17 | 0.15 |
| Average receivables | €15.9M | €3.6M |
| Average payables | €6.6M | €4.4M |
| Average inventory | €9.6M | €5.7M |
| Intangibles / total assets | 0.3% | 1.0% |
Computed from IQMX's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in euros; data from EODHD. Averages use the opening and closing balance of each year.
IQMX valuation and financial ratios
IQM Quantum Computers Oyj earned a return on equity of −50.9% and a return on invested capital of −62.7% in fiscal 2025. It ended the year with €24.8 million of debt and €147.4 million in cash and short-term investments, a net cash position of €122.6 million. It returned €29.5 million to shareholders: €0 in dividends and €29.5 million in share buybacks.
See the IQMX income statement, the IQMX chart for price history, or the IQMX stock overview for the latest quote and news.
IQMX key metrics FAQ
What is IQM Quantum Computers Oyj's return on equity?
IQM Quantum Computers Oyj's return on equity (ROE) was −50.9% in fiscal 2025: net income of -€54.4 million on average shareholders' equity of €106.8 million.
What is IQM Quantum Computers Oyj's ROIC?
IQM Quantum Computers Oyj's return on invested capital was −62.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does IQM Quantum Computers Oyj have?
IQM Quantum Computers Oyj had total debt of €24.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.12 and more cash than debt.
Does IQM Quantum Computers Oyj pay a dividend?
IQM Quantum Computers Oyj did not pay a dividend in fiscal 2025.
Does IQM Quantum Computers Oyj buy back its shares?
Yes. IQM Quantum Computers Oyj spent €29.5 million on net share repurchases in fiscal 2025.
What is IQM Quantum Computers Oyj's current ratio?
IQM Quantum Computers Oyj's current ratio was 5.09 at the end of fiscal 2025: current assets were 5.09 times current liabilities.