QuantumScape Corporation
QS
ISIN US74767V1098 / Valor 58478497
QuantumScape Corporation
UMushroom community rating:
About company
QuantumScape Corporation is focused on revolutionizing energy storage, particularly in the transportation sector, by developing advanced lithium-ion batteries that address key limitations such as battery life, charging speed, and cost. Founded in 2010, the company has spent a decade developing a technology that enables fast charging, long-lasting, and safer batteries to power zero-emissions transportation. Their mission is to drive the transition towards a decarbonized future by providing innovative solutions for energy storage in the transportation industry.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (14.08.2024):
Revenue
QuantumScape Corporation reported its financial results for the second quarter of 2024, revealing that the company did not generate any revenue during this period. The focus remains on the development and commercialization of its solid-state battery technology.
Net Loss
For the second quarter of 2024, QuantumScape Corporation reported a GAAP net loss of $123.0 million. This loss reflects the company's ongoing investments in research and development as well as general and administrative expenses.
Operating Expenses
QuantumScape Corporation's operating expenses for Q2 2024 totaled $134.5 million. This includes significant expenditures on research and development, which amounted to $97.7 million, and general and administrative expenses of $36.7 million.
Liquidity
As of the end of the second quarter of 2024, QuantumScape Corporation had $938 million in liquidity. This strong liquidity position is expected to support the company's operations and capital expenditures as it moves towards higher-volume production of its QSE-5 prototype batteries.
Capital Expenditures
QuantumScape Corporation's capital expenditures for Q2 2024 were $18.9 million. These expenditures were primarily directed towards equipment purchases for low-volume QSE-5 prototype production and preparations for higher-volume production anticipated in 2025.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2934 M
Market cap (USD)
1,783,609
Daily traded volume (Shares)
5.115 / 4.96
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
Daniela Gie
Tej Ram Kumpakha
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