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Quantum Blockchain reports wider full-year loss
(Sharecast News) - Quantum Blockchain Technologies reported a wider full-year loss on Monday as it continued development work on its bitcoin mining technologies, including its Method C AI Oracle.
The AIM-traded company said its total comprehensive loss for 2025 was €3.13m, compared with €2.85m a year earlier, while its operating loss narrowed slightly to €2.95m from €2.98m.
Net liabilities stood at €6.11m at year-end, with cash of €451,000, although QBT said bondholders had since approved an extension of the maturity of its bonds to December 2028.
Chairman and chief executive Francesco Gardin said 2025 had been "an important period of continued progress", with QBT moving closer to live testing, software porting, hardware integration and commercial engagement.
The company said its software-only Method C implementation could simplify deployment across existing bitcoin mining infrastructure, while post-period activity included further testing with ASIC hardware, a £500,000 placing, and plans for its BlocKeeper subsidiary.
At 1029 BST, shares in Quantum Blockchain Technologies were up 1.06% at 0.36p.
Reporting by Josh White for Sharecast.com.
See latest RNS on Investegate
Market NewsLatest QBT News
- AIM WINNERS & LOSERS: Quantum Blockchain wins case; Bowleven plunges
1 Nov 2022 - TRADING UPDATES: Quantum Blockchain loss widens; First Tin rig on site
21 Sep 2022 - IN BRIEF: Quantum Blockchain resumes trading as director joins
12 Sep 2022 - IN BRIEF: Quantum Blockchain Technologies shares suspended on AIM
16 Aug 2022 - IN BRIEF: Quantum Blockchain Technologies shares suspended on AIM
16 Aug 2022 - Quantum Blockchain Technologies receives EUR77,000 in legal costs
3 Aug 2022 - EARNINGS UPDATES: Bushveld loss widens; Scottish Investment assets up
30 Jun 2022 - IN BRIEF: Quantum Blockchain rises on positive bitcoin mining testing
23 May 2022
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Quantum Block News
AIM WINNERS & LOSERS: Quantum Blockchain wins case; Bowleven plunges
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TRADING UPDATES: Quantum Blockchain loss widens; First Tin rig on site
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
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IN BRIEF: Quantum Blockchain Technologies shares suspended on AIM
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(Alliance News) - Quantum Blockchain Technologies PLC on Tuesday said a UK legal claim against the company has been resolved, with EUR77,000 in legal ...
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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
IN BRIEF: Quantum Blockchain rises on positive bitcoin mining testing
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