BTQ Technologies Corp. Common Stock (BTQ)

FairStock Score: 10/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn money and have durable advantages. BTQ does not yet show that. It develops post-quantum cryptography for blockchain and related technologies, with a flagship Quantum Compute-In-Memory chip and a permissionless quantum-safe Bitcoin fork. The story is modern, but the filed numbers are tiny. In fiscal Q2 2025, revenue was $65,497 and net income was -$1.9 million, a net margin of -2,972.07%. Trailing free cash flow was -$25.4 million, a -5.4% FCF yield that FairStock calculates against a $467.7 million market cap. The provided profit growth figure is -760.22%, and revenue growth is not available. The Piotroski F-Score is 0/9, which points to poor fundamental momentum. Debt is low, with D/E of 0.06, and the Altman Z-Score is 36.80, but negative ROE of -489.15% and ROCE of -229.20% show capital is being consumed. At the 2026-10-13 close of $2.43, FairStock calculates a P/E of -8.40, a P/B of 27.06, and a FairStock Score of 10/100. The Lynch category is none because there are only 0 years of filed results, versus the 3 needed. A $467.7 million market value for a company with $65,497 of quarterly revenue and no profits offers no margin of safety. I see a speculative venture, not a proven business with a moat.

In plain English: BTQ Technologies develops security technology for blockchain systems, including protection meant to resist future quantum computers, a secure computing chip, and a quantum-safe version of Bitcoin. The business looks very weak today: in fiscal Q2 2025, revenue was only $65,497 while it lost $1.9 million. At $2.43 on 2026-10-13, the price looks expensive compared with these numbers.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer