Quantum Corp Stock Research

Market Summary

USD0.98+0.02

Market Closed

2.11%

QMCO Stock Price

QMCO RSI Chart

QMCO Valuation

Market Cap

90.8M

Price/Earnings (Trailing)

-2.82

Price/Sales (Trailing)

0.23

EV/EBITDA

-5.87

Price/Free Cashflow

-2.29

QMCO Price/Sales (Trailing)

QMCO Profitability

EBT Margin

-7.68%

Return on Equity

33.96%

Return on Assets

-13.83%

Free Cashflow Yield

-43.64%

QMCO Fundamentals

QMCO Revenue

Revenue (TTM)

402.6M

Revenue Y/Y

16.63%

Revenue Q/Q

12.16%

QMCO Earnings

Earnings (TTM)

-32.1M

Earnings Y/Y

80.38%

Earnings Q/Q

81.83%

Price Action

52 Week Range

0.892.62

(Low)(High)

Last 7 days

-6.8%

Last 30 days

-36.7%

Last 90 days

-16.7%

Trailing 12 Months

-62%

QMCO Financial Health

Current Ratio

1.14

Debt/Equity

-0.77

Debt/Cashflow

-0.52

QMCO Investor Care

Shares Dilution (1Y)

56.58%

Diluted EPS (TTM)

-0.3

Peers (Alternatives to Quantum)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.5T	387.5B	-0.56%	-0.91%	25.94	6.37	2.44%	-5.35%
HPQ	27.9B	59.8B	-7.84%	-19.28%	10.71	0.47	-7.84%	-60.07%
NTAP	13.3B	6.5B	-9.85%	-24.01%	10.3	2.05	4.33%	27.27%
STX	12.6B	9.4B	-16.09%	-31.28%	20.4	1.35	-21.90%	-66.38%
WDC	11.3B	15.8B	-20.10%	-25.14%	-121.22	0.72	-16.84%	-104.67%
MID-CAP
JNPR	10.2B	5.3B	-1.89%	-10.10%	21.65	1.92	11.95%	86.39%
PSTG	7.3B	2.7B	-24.21%	-24.75%	536.05	2.74	34.27%	106.43%
SMCI	5.2B	6.6B	1.35%	119.39%	8.98	0.78	59.38%	362.85%
NCR	3.0B	7.8B	-20.01%	-40.97%	49.75	0.38	9.61%	-38.14%
XRX	2.4B	7.1B	-11.03%	-17.78%	-7.35	0.33	0.98%	29.23%
SMALL-CAP
DDD	1.4B	556.2M	-7.29%	-27.15%	-13.31	2.47	-12.75%	-133.51%
DBD	181.9M	3.6B	-4.08%	-66.95%	-0.39	0.05	-10.12%	-413.74%
QMCO	90.8M	402.6M	-36.66%	-62.00%	-2.82	0.23	8.80%	23.40%
OSS	53.1M	71.9M	-19.51%	-32.65%	81.84	0.74	23.75%	-78.12%
SCKT	13.9M	22.2M	-8.44%	-46.85%	24.66	0.63	2.03%	-88.84%

Financials for Quantum

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	4.1%	402,611,000	386,759,000	380,802,000	372,827,000	370,050,000
Gross Profit	3.8%	138,326,000	133,247,000	143,803,000	147,035,000	149,763,000
Operating Expenses	-2.4%	160,427,000	164,341,000	164,666,000	160,875,000	155,677,000
S&GA Expenses	-0.6%	64,723,000	65,098,000	64,967,000	62,957,000	61,054,000
R&D Expenses	-6.6%	47,450,000	50,803,000	52,646,000	51,812,000	50,007,000
EBITDA	41.6%	-11,043,000	-18,916,000	-16,321,000	-9,651,000	-
EBITDA Margin	43.9%	-0.03	-0.05	-0.04	-0.03	-
Earnings Before Taxes	21.2%	-30,921,000	-39,250,000	-36,609,000	-30,939,000	-40,888,000
EBT Margin	24.3%	-0.08	-0.10	-0.10	-0.08	-
Interest Expenses	2.8%	10,038,000	9,768,000	10,093,000	11,888,000	15,086,000
Net Income	21.7%	-32,148,000	-41,038,000	-38,347,000	-32,280,000	-41,969,000
Net Income Margin	24.7%	-0.08	-0.11	-0.10	-0.09	-
Free Cahsflow	17.6%	-39,632,000	-48,116,000	-53,410,000	-40,044,000	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	10.8%	232	210	222	202	188
Current Assets	14.4%	172	150	165	145	141
Cash Equivalents	1.3%	26.00	26.00	27.00	5.00	4.00
Net PPE	5.1%	17.00	16.00	14.00	13.00	13.00
Goodwill	0%	13.00	13.00	13.00	13.00	10.00
Liabilities	7.1%	309	289	290	328	310
Current Liabilities	10.0%	151	137	142	158	156
Long Term Debt	-	98.00	-	-	-	-
LT Debt, Current	0%	5.00	5.00	5.00	4.00	4.00
Retained Earnings	-0.3%	-795	-793	-781	-770	-763
Additional Paid-In Capital	0.4%	720	717	714	645	641
Accumulated Depreciation	-	41.00	-	-	-	-
Shares Outstanding	1.1%	93.00	92.00	91.00	60.00	59.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	26.8%	-26.64	-36.40	-45.21	-33.73	-7.18
Share Based Compensation	-10.3%	12.00	13.00	14.00	14.00	14.00
Cashflow From Investing	9.3%	-14.99	-16.52	-18.01	-14.12	-14.06
Cashflow From Financing	14.5%	63.00	55.00	65.00	20.00	8.00

Risks for QMCO

What is the probability of a big loss on QMCO?

100%

Probability that Quantum stock will be more than 20% underwater in next one year

93.1%

Probability that Quantum stock will be more than 30% underwater in next one year.

90.8%

Probability that Quantum stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does QMCO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Quantum was unfortunately bought at previous high price.

Drawdowns

Returns for QMCO

Cumulative Returns on QMCO

-22.1%

10-Year Cumulative Returns

-21.6%

7-Year Cumulative Returns

-25.7%

5-Year Cumulative Returns

-32.9%

3-Year Cumulative Returns

What are the long-term rolling returns for QMCO?

FIve years rolling returns for Quantum.

Annualized Returns

Which funds bought or sold QMCO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-01	B. Riley Financial, Inc.	reduced	-4.51	-156,956	4,169,040	0.94%
2023-02-22	Kovack Advisors, Inc.	added	49.2	128,681	383,681	0.06%
2023-02-15	Highlander Capital Management, LLC	unchanged	-	-	-	-%
2023-02-15	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	reduced	-18.5	-5,000	21,000	-%
2023-02-15	CAPTRUST FINANCIAL ADVISORS	sold off	-100	-14,000	-	-%
2023-02-15	Virtu Financial LLC	sold off	-100	-28,000	-	-%
2023-02-15	State of Wyoming	added	49.61	4,405	12,405	-%
2023-02-14	Union Square Park Capital Management, LLC	sold off	-100	-124,000	-	-%
2023-02-14	Truvestments Capital LLC	unchanged	-	-251	749	-%
2023-02-14	PRICE T ROWE ASSOCIATES INC /MD/	unchanged	-	1,000	160,000	-%

Latest Funds Activity

Are funds buying QMCO calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own QMCO

No. of Funds

Quantum News

Schedule 13G FIlings of Quantum

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 10, 2023	senvest management, llc	2.46%	2,550,931	SC 13G/A
Aug 24, 2022	pacific investment management co llc	-	0	SC 13D/A
Jul 08, 2022	blackrock inc.	1.1%	1,147,297	SC 13G/A
Jun 10, 2022	b. riley financial, inc.	5.8%	5,921,459	SC 13D/A
May 20, 2022	neuberger berman group llc	18.46%	16,687,039	SC 13G/A
Apr 28, 2022	b. riley financial, inc.	7.1%	6,398,132	SC 13D/A
Apr 26, 2022	pacific investment management co llc	17.29%	10,248,322	SC 13D/A
Mar 28, 2022	pacific investment management co llc	9.54%	6,370,070	SC 13D
Mar 11, 2022	blackrock inc.	6.6%	3,932,343	SC 13G
Feb 14, 2022	neuberger berman group llc	11.95%	7,101,332	SC 13G/A

QMCO Fair Value

Recent SEC filings of Quantum

View All Filings

Date Filed	Form Type	Document
Feb 10, 2023	SC 13G/A	Major Ownership Report
Feb 10, 2023	SC 13G/A	Major Ownership Report
Feb 03, 2023	4	Insider Trading
Feb 02, 2023	8-K	Current Report
Feb 02, 2023	10-Q	Quarterly Report
Jan 27, 2023	S-8	Employee Benefits Plan
Jan 18, 2023	3	Insider Trading
Jan 17, 2023	424B3	Prospectus Filed
Jan 13, 2023	EFFECT	EFFECT
Jan 11, 2023	8-K	Current Report

Latest Insider Trading transactions for QMCO

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-02-01	Gianella Kenneth P.	acquired	-	-	175,000	chief financial officer
2022-11-09	Meyrath Hugues	acquired	-	-	73,498	-
2022-11-09	Jaworksi Don	acquired	-	-	73,498	-
2022-11-02	Cabrera Brian E	sold	-1,199	1.3902	-863	svp chief admin ofcr & secy
2022-11-01	Cabrera Brian E	acquired	-	-	25,000	svp chief admin ofcr & secy
2022-10-11	Moorehead Lewis W.	sold	-2,725	1.15	-2,370	chief accounting officer
2022-10-11	Lerner James J	sold	-37,821	1.15	-32,888	president & ceo
2022-10-05	Cabrera Brian E	sold	-915	1.264	-724	svp chief admin ofcr & secy
2022-10-05	DODSON J MICHAEL	sold	-14,341	1.264	-11,346	senior vice president, cfo
2022-09-09	DODSON J MICHAEL	sold	-54,655	1.5696	-34,821	senior vice president, cfo

About Quantum

Jamie J. Lerner

www.quantum.com

830

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers StorNext software systems that enable high-speed ingest, editing, processing, and management of digital video and image datasets; and Scalar tape systems that provide long-term data storage facility to archive and preserve digital content for decades. It also provides DXi backup systems for backup storage and multi-site disaster recovery; surveillance and physical security storage systems, including video recording servers, as well as hyperconverged storage systems for video surveillance management and recording; and appliances designed for video surveillance analytics and to run various types of access control systems. In addition, the company offers in-vehicle storage systems, which are removable storage systems for in-vehicle data capture, mobile surveillance, and military applications; managed services, implementation and training services, and support services; and object storage systems for online content repositories, such as media archives, genome sequencing data repositories, and big data lakes. Further, it sells linear tape-open (LTO) tape cartridges, as well as standalone LTO tape drives for small business and desktop use. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

QMCO Income Statement

2022-12-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Revenue	$ 111,196	$ 95,344	$ 307,407	$ 277,623
Cost of revenue:
Cost of revenue	70,907	60,134	205,239	166,746
Gross profit	40,289	35,210	102,168	110,877
Operating expenses:
Research and development	11,254	14,607	33,925	38,287
Sales and marketing	16,339	16,714	47,894	46,128
General and administrative	10,969	10,538	35,223	33,830
Restructuring charges	(41)	576	1,605	850
Total operating expenses	38,521	42,435	118,647	119,095
Income (loss) from operations	1,768	(7,225)	(16,479)	(8,218)
Other income (expense), net	(544)	(150)	2,638	(223)
Interest expense	(2,701)	(2,431)	(7,537)	(9,387)
Loss on debt extinguishment	0	0	(1,392)	(4,960)
Net loss before income taxes	(1,477)	(9,806)	(22,770)	(22,788)
Income tax provision	693	1,254	1,564	1,678
Net loss	(2,170)	(11,060)	(24,334)	(24,466)
Deemed dividend on warrants	0	0	(389)	0
Net loss attributable to common stockholders- basic	(2,170)	(11,060)	(24,723)	(24,466)
Net loss attributable to common stockholders- diluted	$ (2,170)	$ (11,060)	$ (24,723)	$ (24,466)
Net loss per share - basic (in dollars per share)	$ (0.02)	$ (0.19)	$ (0.28)	$ (0.42)
Net loss per share - diluted (in dollars per share)	$ (0.02)	$ (0.19)	$ (0.28)	$ (0.42)
Weighted average shares - basic (in shares)	92,752	59,486	89,335	58,399
Weighted average shares - diluted (in shares)	92,752	59,486	89,335	58,399
Foreign currency translation adjustments, net	$ 1,480	$ (37)	$ (1,094)	$ (276)
Total comprehensive loss	(690)	(11,097)	(25,428)	(24,742)
Product
Revenue:
Revenue	75,420	58,522	198,597	165,308
Cost of revenue:
Cost of revenue	58,528	45,118	163,010	124,982
Service and subscription
Revenue:
Revenue	32,950	33,162	99,066	100,352
Cost of revenue:
Cost of revenue	12,379	15,016	42,229	41,764
Royalty
Revenue:
Revenue	$ 2,826	$ 3,660	$ 9,744	$ 11,963

QMCO Balance Sheet

2022-12-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Mar. 31, 2022
Current assets:
Cash and cash equivalents	$ 26,028	$ 5,210
Restricted cash	219	283
Accounts receivable, net of allowance for doubtful accounts of $219 and $422	72,911	69,354
Manufacturing inventories	32,402	33,546
Service parts inventories	25,822	24,254
Prepaid expenses	7,198	7,853
Other current assets	7,489	4,697
Total current assets	172,069	145,197
Property and equipment, net	16,794	12,853
Intangible assets, net	6,497	9,584
Goodwill	12,969	12,969
Right-of-use assets, net	10,468	11,107
Other long-term assets	13,600	9,925
Total assets	232,397	201,635
Current liabilities:
Accounts payable	41,788	34,220
Deferred revenue	72,669	86,517
Long-term debt, current portion	5,000	4,375
Accrued compensation	15,527	16,141
Other accrued liabilities	15,852	16,562
Total current liabilities	150,836	157,815
Deferred revenue	41,076	41,580
Revolving credit facility	27,736	17,735
Long-term debt, net of current portion	67,306	89,448
Operating lease liabilities	10,346	9,891
Other long-term liabilities	12,150	11,849
Total liabilities	309,450	328,318
Commitments and contingencies (Note 9)
Stockholders' deficit
Preferred stock, 20,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $0.01 par value; 225,000 shares authorized; 93,144 and 60,433 shares issued and outstanding	932	605
Additional paid-in capital	719,769	645,038
Accumulated deficit	(795,237)	(770,903)
Accumulated other comprehensive loss	(2,517)	(1,423)
Total stockholders’ deficit	(77,053)	(126,683)
Total liabilities and stockholders’ deficit	$ 232,397	$ 201,635