Name | Value |
---|---|
Revenues | 1.8M |
Cost of Revenue | 0.7M |
Gross Profit | 1.1M |
Operating Expense | 14.5M |
Operating I/L | 16.3M |
Other Income/Expense | 6.4M |
Interest Income | 0.1M |
Pretax | 16.3M |
Income Tax Expense | 0.1M |
Net Income/Loss | 16.2M |
Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. Its QuantumCloud allows devices to download a lightweight software agent to create encryption keys in partnership with other devices, ensuring secure communication. The company generates revenue by offering subscription-based access to its QuantumCloud platform, providing businesses and organizations with advanced cybersecurity solutions to protect their data and communications from cyber threats.