Karachi: Quantum Data Technologies Limited, a tech enterprise listed in the designated market category of the Pakistan Stock Exchange, has reported its audited financial results for the fiscal year ending June 30, 2026. The company's financial performance has shown a noteworthy improvement compared to the previous year, reflecting a significant reduction in its annual net losses. The financial report was officially disclosed on October 7, 2026.
According to the latest figures, Quantum Data Technologies generated net revenue of 84,958,399 rupees for the year 2026. The cost of revenue amounted to 10,880,400 rupees, resulting in a gross profit of 74,077,999 rupees. This marks the first instance of recorded revenue for the company, as no revenue was reported in the prior year.
Administrative expenses for the year were reported at 6,866,025 rupees, showing a slight increase from the restated figure of 6,847,445 rupees in 2025. The finance cost also witnessed an increase, recorded at 18,662 rupees compared to 2,028 rupees in the previous year.
The company's other operating expenses were significantly reduced to 103,109,309 rupees from 112,137,464 rupees in 2025. However, unlike the previous year, no other income was reported for 2026, compared to 1,259,870 rupees in 2025.
As a result, Quantum Data Technologies recorded a loss before levies and taxation of 35,915,997 rupees, a substantial improvement from the previous year's loss of 117,727,067 rupees. The levies for the year amounted to 212,396 rupees, bringing the loss before taxation to 36,128,393 rupees.
The company did not report any taxation for the fiscal year, leading to a net loss for 2026 of 36,128,393 rupees, sharply reduced from the net loss of 117,727,067 rupees in 2025. This represents a very large or significant move in terms of financial recovery.
Additionally, the loss per share for the year was reported at 0.30 rupees, a considerable improvement over the previous year's figure of 0.97 rupees. According to information available from the Pakistan Stock Exchange (PSX), these financial results reflect a strategic shift in the company's operational efficiency and cost management.
In summary, Quantum Data Technologies Limited has demonstrated a marked reduction in its annual losses, signaling a potential turnaround in its financial trajectory. The company's focus on improving revenue streams and managing operational costs has been pivotal in achieving this financial outcome.