Arqit Quantum Inc.
Arqit Quantum Inc. Q4 FY2021 earnings call
December 16, 2021 · fiscal period ended 2021-09
EPS · actual vs est
Revenue · actual vs est
Summary
Generated 2021-12-16
Management highlights
- Transformational year for Arqit with commercial launch of QuantumCloud in September. - Acknowledged key constituents including employees, Centricus Acquisition Corp., and public shareholders. - Arqit's mission is to use quantum encryption platform to keep data safe. - Discussed PKI weaknesses and Arqit's unique quantum encryption technology. - Go-to-market strategy includes channel partnerships with telecoms, private instances for government/defense, and PaaS model for QuantumCloud. - Nick Pointon mentioned adjusted net loss of $15.6 million, raised $96 million in capital, and ended fiscal year with $87 million cash on hand.
Segment performance
Revenues for Arqit Quantum Inc.'s fiscal year ended September 30, 2021 were not material. There is no detailed breakdown of product segments in terms of absolute revenue and contribution percentage as revenues were minimal during this period.
Guidance
- Fiscal year 2022 to see continuation of trends in quantum encryption demand. - Expectation of announcing further contracts in coming weeks. - Refinement of product capability through QuantumCloud releases in 2022. - Observed compressed sales cycle and increased urgency from customers to solve cybersecurity problems.
Q&A highlights
Q: No questions were posed during the call as per the transcript A: No questions addressed, call concluded with opening and closing remarks
Key numbers
Reported versus consensus
Earnings calendar feed
| Metric | Reported | Consensus | Delta | Prior year |
|---|---|---|---|---|
| EPS | $-60.34 | — | — | — |
| Revenue | $23,954 | — | — | — |
Transcript
December 16, 2021Full transcript unavailable for redistribution
The structured summary above covers the available call sections. Full transcript text is not included on this page.
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Prior quarters
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