Quantum Cyber N.V.

QUCY · Healthcare · $11.3M mkt cap · FY2025 filings · No moat ·

Doesn't clear the bar

No moat
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The five investor questions

Revenue & EPS trend20

2024–2025: revenue 893991.00 to 537080.00, decreasing; diluted EPS -21.91 to -2.70, increasing. Latest-filed diluted EPS remains usable for Business Trend, but an integer share-count change lacks enough evidence to confirm a comparable EPS basis; valuation growth therefore stays at 0%. Two-year history is scoreable but carries less confidence than a full-cycle record.

Pricing power94

Median gross margin 68.4% over 2y, stable.

Returns on capital0

Median ROIC -1843.2%, above the 12% hurdle in 0% of years.

Balance-sheet safety28

Net debt/EBITDA n/ax, interest coverage -43x.

Capital discipline33

Owner earnings trend unclear, share count growing (dilution).

Price vs. owner-earnings value range

Above estimateBelow estimate
No price data
Owner earnings (normalized)
Value range / share
Conservative high estimate / share
Recent price
$1.16
Price vs. high estimate
No price data

Conservative range under moat-index@2.0.0: low end 11.1×, high end capped at 18×; 9% discount rate; high-end growth 0% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.

3 years of fundamentals

The business, in plain English

Quantum Cyber N.V. booked $537080 of revenue in FY2025 in the Healthcare sector and kept 72.6% of it as gross profit — a high-margin business by that measure. After every other cost, −3018.3% of each revenue dollar reached the bottom line.

The balance sheet carried $956902 of total debt in FY2025. Balance-Sheet Safety scores it 28/100.

Put together: Pricing Power is the strongest of the five filters (94/100) and Returns on Capital the weakest (0/100), which is how QUCY lands at 35/100 — a None moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY2023–FY2025 · 3 fiscal years, normalized from QUCY’s SEC filings

RevenueSales, as filed$537080 FY2025
$0$500000202320242025
Gross marginRevenue kept after cost of goods72.6% FY2025
0%50%202320242025
Return on invested capitalOperating profit on the capital employed−1797.2% FY2025
−2000%−1000%0%202320242025
Owner earningsCash an owner could take out−$15.6M FY2025
−$20M−$10M$0202320242025

Gaps in a line mean that item isn’t in QUCY’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

5 logged readings since Jul 18, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale34.9 / 100
0406080100WideNarrowShallowNo moatJul 20, 2026Jul 21, 2026

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

  1. Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 2026

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Track record

How Quantum Cyber N.V.’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.

As-of scores 20222025, one methodology version · reconstructed from filings on file each Dec 31 — never with hindsight

As-of Moat Score (dot colored by tier)Indexed price (total-return (dividends reinvested))Rated Wide-moat that year

How to read this: each dot is what the engine would have scored QUCY on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

0406080100WideNarrowShallowNo moatAs-of Moat Score100Indexed price · log scale 2022202320242025

Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The indexed price path isn't available for this company yet; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.

What followed, in the years it rated Wide

In the reconstructed history shown, QUCY did not rate Wide-moat in any year, so there is no wide-moat track record to report. That absence is itself the honest answer — we don’t manufacture a comparison where the rating never earned one.

Healthcare context

#481 of 736 scored Healthcare companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #479LAB STANDARD BIOTOOLS INC.34.9 out of 100, No moatNo moat
  2. #480HSCS HEARTSCIENCES INC.34.9 out of 100, No moatNo moat
  3. #482GTHP GUIDED THERAPEUTICS, INC.34.8 out of 100, No moatNo moat
  4. #483SRRK SCHOLAR ROCK HOLDING CORP34.8 out of 100, No moatNo moat

Compare QUCY with its nearest peersAll Healthcare companies on the Index →

Common questions about QUCY

Does Quantum Cyber N.V. have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores Quantum Cyber N.V. (QUCY) 34.9 out of 100 — below the Shallow-moat bar, so no moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 20, pricing power 94, returns on capital 0, balance-sheet safety 28, capital discipline 33.
How has QUCY's Moat Score changed over time?
The record logs 5 readings since Jul 18, 2026; the latest reads 34.9 out of 100 (no moat). No tier changes on record yet. (A methodology upgrade on Jul 20, 2026 re-based the score; readings across engine versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.