QMEI Stock - Quantum Metal Exchange Inc.
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Financial Statements
| Metric | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Revenue | $503.96M | $202.01M | $56.45M | $36.60M | N/A |
| Gross Profit | $70.62M | $25.44M | $4.55M | $4.31M | N/A |
| Gross Margin | 14.0% | 12.6% | 8.1% | 11.8% | N/A |
| Operating Income | $-20,472,840 | $-30,053,170 | $489,060 | $1.63M | $-106,240 |
| Net Income | $-49,702,986 | $73.62M | $1.34M | $1.14M | $-106,474 |
| Net Margin | -9.9% | 36.4% | 2.4% | 3.1% | N/A |
| EPS | $-1.38 | $2.05 | $0.04 | $0.03 | $-0.01 |
Quantum Metal Exchange Inc. provides VuMee, a video uploads monetizing entertainments elite application for iOS or Android mobile device users to record, name, upload, and share videos of celebrities and brands. Its application allows fans to receive emails and SMS alerts from celebrities notifying them of new videos; and view, tweet, post, and share these videos to friends and family. The company's application enables celebrities, brands, and fans to be in control of their own videos on their own VuMee channel. The company was formerly known as Vumee, LLC and changed its name to Quantum Metal Exchange Inc. in June 2021. Quantum Metal Exchange Inc. was incorporated in 2011 and is based in Las Vegas, Nevada.
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