QBT

Quantum Blockchain Technologies PLC

Financial Services First-pass screen £6.19m

330/1000 Overall fit

AI beneficiary 35% 55

Operating leverage 25% 25

Valuation 25% 20

Downside protection 15% 15

First-pass take

Pre-revenue R&D stage bitcoin mining company with explicit AI strategy (Method C oracle showing 30% efficiency gains in lab testing) but zero commercial traction and deteriorating capital structure. Negative equity, net debt, <1yr cash runway, and disclosed going concern risk make this unsuitable for deeper analysis.

Flags

loss-makingpre-revenuenegative-equitygoing-concernmicro-caphigh-burn-rateresearch-stagecyclicalnet-debtrecent-dilution