ARQQ
Arqit Quantum Inc.Evidence as of 2026-08-29Overview · Arqit Quantum Inc.
Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc. is based in London, the United Kingdom.
Management team
- Mr. Nicholas M Pointon · CFO & Executive DirectorFind on LinkedIn
- Mr. Patrick Willcocks · General Counsel & Corporate SecretaryFind on LinkedIn
- Mr. Scott Alexander · Chief Product OfficerFind on LinkedIn
- Mr. Tracy Mehr · Chief Financial Strategy OfficerFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Built with a source down
A data source was unavailable when this report was built, so Ellis could not check its evidence. That absence is Moneyta's gap, not a fact about the company — read the overall tone accordingly.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
−0.7 on a −2 to +2 scale — was −0.6 before the debate changed the read.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The evidence balance is Cautious ( -0.7 of a possible +2; was -0.6 before debate) · confidence high. The surviving filings and data show a pronounced decline in reported liquidity and overall scale: cash and cash equivalents fell from $44,455,000 at FY 2023 (fiscal quarter ended 2023-09-30) to $41,504,000 at Q2 2024 (fiscal quarter ended 2024-03-31, reported in a 6‑K), then to $21,328,000 at Q2 2025 (fiscal quarter ended 2025-03-31) and were $24,781,000 as of 2025-03-31 in later reports. Total assets followed a similar path, from $99,785,000 at FY 2023 to $41,804,000 at Q2 2024, then $26,719,000 at FY 2024 (fiscal quarter ended 2024-09-30) and $29,385,000 at Q2 2025.
Equity and liabilities also shifted: equity moved from $66,653,000 at FY 2023 to $80,163,000 in a 6‑K citing 31 March 2023, then down to $15,331,000 at Q2 2025 reporting points and $15,978,000 as of 2025-03-31, while liabilities declined from $33,132,000 at FY 2023 to $13,407,000 at Q2 2025. Market and trading metrics show high volatility and mixed momentum: beta vs SPY is 4.18, 3‑month momentum is +21.4%, 12_1 momentum is -47.9%, 90‑day volatility is +139.0%, and market cap on 2026-08-28 is reported as 270,110,703 with enterprise value at 248,627,171.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Cash and cash equivalents were $44,455,000 as of the fiscal period ended 30 September 2023 (reported in filings around 2023-09-30) and fell to $41,504,000 as of the fiscal period ended 31 March 2023 in a 6-K, then to $21,328,000 as of the fiscal period ended 31 March 2024, and subsequently to $24,781,000 as of 31 March 2025.
XBRL companyfacts · 0001104659-24-063199weakened in debateTotal assets were $99,785,000 as of the fiscal period ended 30 September 2023, declined to $41,804,000 as of the fiscal period ended 31 March 2024 (6-K), then to $26,719,000 as of 30 September 2024, and were $29,385,000 as of 31 March 2025.
XBRL companyfacts · 0001558370-24-016028Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
A Form 6‑K for Arqit Quantum Inc. was filed on 2026-08-19 and is present in the provided evidence set.
6-K filed 2026-08-19The provided evidence set contains only the single Form 6‑K (the 6-K filed 19 August 2026); no annual report, 10‑Q, 10‑K, or other filings are included in the material you supplied.
6-K filed 2026-08-19Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
As of 2026-08-28 the stock's beta vs SPY is 4.18, indicating very high historical sensitivity to market moves.
Moneyta signal set · 2026-08-28Shorter-term momentum shows positive readings: 3-month momentum is +21.4% and 6-month momentum is +21.7%, with 6-month momentum at the 79th percentile of the 547-stock research universe on 2026-08-28.
Moneyta signal set · 2026-08-28Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
A data source was unavailable when this report was built, so this slice could not be checked — absence here says nothing about the company.
Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
A report says Renaissance Technologies LLC bought 41,400 shares of Arqit Quantum Inc., valued at approximately $549,000, in the first quarter.
News · thelincolnianonline.com · 2026-08-18Two separate pieces from the same outlet present Arqit Quantum Inc. primarily as a vehicle for price-action and institutional trading models, focusing on short-term price dynamics and liquidity tactics.
News · news.stocktradersdaily.com · 2026-08-16Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Bers Jennifer (Chief Revenue Officer) reported a sale of 8,288 shares valued at "$178k" on 2026-06-22; the Form 4 shows a contemporaneous 'code M' entry for 15,000 shares and does not indicate a 10b5-1 trading plan.
Form 4 · Bers Jennifer (Chief Revenue Officer) · $0 code M · 2026-06-22Leaver Andrew (Chief Executive Officer) reported a sale of 7,595 shares valued at "$103k" on 2026-04-06; the filing does not indicate a 10b5-1 trading plan.
Form 4 · Leaver Andrew (Chief Executive Officer) · $103k sold · 2026-04-06Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The market price used was 20.04 on price date 2026-08-28.
Valuation inputs · SEC XBRL + stored EOD closeMarket capitalization is reported as 270,110,703.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
Several objective items in the evidence set jointly support a favorable read. Shorter-term momentum metrics are strongly positive (3- and 6-month momentum in the top quartile), and a recent golden-cross on moving averages is present, both of which are clear, recent technical observations (market-1, market-5). A notable institutional purchase (Renaissance Technologies bought 41,400 shares) provides an independent market-participant signal of interest in the security (news-0). The enterprise value being reported below market capitalization, together with a non-trivial cash balance on the latest balance sheet, is a measurable indication of net cash at those reported dates (valuation-2, valuation-3); these items are directly supported by filings and market-value calculations. While other evidence shows volatility and historical drawdowns, the momentum, technical cross, institutional purchase, and net-cash signal are contemporaneous pieces of evidence that, when read together, provide a coherent favorable informational read; the strength of each of these supporting claims is medium-to-strong given their direct sourcing to market data, filings, and transactional reports.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.30
30 surviving claims rest on 16 distinct sources; the heaviest analyst carries 20% of them, and 95% of what the desk raised survived the debate.
The surviving set rests on a moderate breadth of sources (16 distinct items) but a single analyst contributes a meaningful share of claims, so the read is somewhat concentrated. High debate survival (95%) means most points passed internal scrutiny and are stable within this dataset, but because a small number of sources and one heavy analyst carry disproportionate weight, the overall confidence should be tempered and treated as informational rather than definitive.
Peer context · computed, not argued
12-1 momentum ranks 17th of 21 in Software—Infrastructure (as of 2026-08-28).
6-month relative strength ranks 15th of 21 in Software—Infrastructure (as of 2026-08-28).
90-day volatility ranks 2nd of 21 in Software—Infrastructure (as of 2026-08-28).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
6 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer−1.1 to the score
1 document
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash−0.8 to the score
4 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
15 filings· 2 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot−0.7 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on ARQQ Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.