Sebastian!

QNT utilitarian DCA’n and an occasional trade. last but not least… enjoyin’ a stress free livin’ 80’s metalhead. NOT FINANCIAL ADVICE

[Sebastian! @oneandonlyseb]

$QNT for the doubters… @quantnetwork is in a very healthy financial position!!

Quant Network Ltd – Financial Statements Analysis

Year ended 30 September 2024 (compared to 30 September 2023)

1. We analyse the Statement of Financial Position (balance sheet) and the extensive accounting-policy notes provided.

2. Profitability Inference
• Retained earnings rose from £125,311 to £2,224,880 → net increase £2,099,569.
• Capital contribution reserve rose £123,408 (almost certainly from parent-company share-based payments to employees, as described in the accounting policies).
• Total comprehensive income for the year ≈ £2.223 million (the entire equity growth, given no change in share capital).
This represents an extremely strong year. The company moved from a modest equity base to a solidly profitable position in one year.

3. Liquidity & Solvency
Current ratio
2024: £6.35 m current assets / £3.99 m current liabilities ≈ 1.59
2023: ≈ 0.99
Liquidity improved markedly. Cash alone covers all current liabilities 1.33 times (5.31 m / 3.99 m).
Cash position is the standout feature: £5.31 million (≈ 76 % of total assets). The company is cash-rich and has significant financial flexibility.
Contract liabilities (deferred revenue / unearned subscription income) remain high at £2.52 m (down only slightly from £2.66 m). This is typical for a SaaS/subscription business and signals that a large portion of future revenue is already contracted and collected in advance.
Lease liabilities have been paid down aggressively: non-current portion eliminated, current portion reduced from £684 k to £398 k. The right-of-use asset has also halved, consistent with lease amortisation and payments.

4. Asset & Liability Composition Highlights
• Tangible assets more than doubled – likely new office/computer equipment.
• Intangible assets are now negligible (£288). The company holds cryptocurrencies at fair value (policy note), but the balance is tiny and fell sharply.
• Debtors grew 46 %, consistent with business expansion.
• No long-term debt other than the remaining lease obligation.
• Capital structure is now equity-dominated (43 % equity vs 57 % liabilities), a big improvement from the prior year’s more leveraged position.

5. Accounting Policies – Key Points Relevant to Analysis
• Revenue is recognised over time under IFRS 15 (subscription licences, support & maintenance). The high contract-liability balance confirms the subscription/deferred-revenue model.
• Cryptocurrencies are revalued to fair value each reporting date (with gains/losses going through OCI or P&L depending on direction).
• Research & development costs are expensed as incurred
• Share-based payments from the parent are recorded as a capital contribution (explains the rise in that reserve).

6. Overall Assessment
Very healthy financial position
Generated strong cash flow and profitability in FY2024. The balance sheet shows:
• Robust liquidity and a large cash buffer.
• Significant reduction in lease obligations.
• A massive swing in retained earnings that signals operational success (likely driven by Overledger / blockchain software licensing and services).
• A clean, low-debt structure with no external borrowings.
Risks / Watch-points
• Still reliant on the subscription/deferred-revenue model – any slowdown in new contract wins could affect future cash conversion.
• Intangible/crypto holdings are minimal, so the business is not exposed to crypto-price volatility on the balance sheet.
• As a small-company filing, we lack gross-margin or operating-expense detail, but the equity growth speaks for itself.

Bottom line: These are the strongest set of accounts Quant Network Ltd has filed in recent years. The company enters FY2025 with a solid cash war-chest, improved liquidity, and a profitable track record – excellent foundations for continued growth in the blockchain interoperability space.

[Sebastian! @oneandonlyseb]

@WhiteHouse A crazy orange demented lunatic is a mortal threat to the world

[Sebastian! @oneandonlyseb]

@AntiTrumpCanada Hitlerism you mean…

[Sebastian! @oneandonlyseb]

@artemis323412 Yeayeah… go run to your tranny friend @QuamfyOnly for advice… douchebag nozzle

[Sebastian! @oneandonlyseb]

$QNT “NOT YET!”

The breakout is legit when we break out of this monstrous downtrend since dec 2024. As you can see qnt got rejected again…

Technically we’re still compressing but we’re approaching the end stages of this…

[Sebastian! @oneandonlyseb]

@LucasSa56947288 Are you and your assclown maga stooges fronted by that orange tr***y hoo*** the whole reason the whole world is on fire? Fuck off Dean Suffy. You are the cabal!

[Sebastian! @oneandonlyseb]

In your own life experiences, as a student of economic history, and now as the seventy-ninth Treasury Secretary, it is your firm belief that financial illiteracy is what fills my pockets: My family and I have supported financial illiteracy around the United States for decades, and makes my life as a conman much much easier.

@POTUS is creating an economy where all citizens can be drained from all their money by me and my sicko MAGA sicko’s.

With the landmark @TrumpAccounts, every American born between January 1, 2025, and December 31, 2028, is eligible to die a poor peasant as all their money will be immediately invested in an index fund. These investment accounts also create a real-time laboratory of financial illiteracy for all Americans, providing them with a hands-on education in the power of giving your money to me for free.

Fuck off gaslighting scumbag!

[Sebastian! @oneandonlyseb]

@RichardAngwin Shut the fuck up pedo protector

[Sebastian! @oneandonlyseb]

Fuck this orange bitch titties soulless disgusting piece of trash excuse of a human being. shitfly diaper shitting motherfucking cuntcrusher… All he knows is how to bankrupt and destroy and rape all the while gaslighting and fucking 8 billion people in the ass all at once… he’s the devils boss in disguise!

[Sebastian! @oneandonlyseb]

@KeezQNT The ready part isn’t it. It’s just how it still is… we’re still rangebound trending down.

[Sebastian! @oneandonlyseb]

He is NOT 79. He probably has more kids then he knows for he is a convicted sexual predator. He doesn’t own the majority of his golfcourses due to lending interest he still owes to banks and he doesn’t work 24/7 for you. He spends 24/7 enriching himself and fucking you ordinary Americans hard on a daily basis

[Sebastian! @oneandonlyseb]

I would lock them up in a cage and sell them as sex slaves to the ayatollahs

[Nia🇺🇸 @HazelLiaqa4848]

What would you do if they both suddenly came to your house?

"I'll Take autograph and give them with Best President and FLOTUS award" and you?🇺🇸🫵

[Sebastian! @oneandonlyseb]

@HazelLiaqa4848 I would lock them up in a cage and sell the as sex slaves to the ayatollahs

[Sebastian! @oneandonlyseb]

@MysterySolvents @smc429 He just came out of the tranny bar after performing and doing sexual favours

[Sebastian! @oneandonlyseb]

@HazelLiaqa4848 Everything in this world is smarter

[Sebastian! @oneandonlyseb]

@RatedR4Robynne Epstein

[Sebastian! @oneandonlyseb]

@WhiteHouse Coming from the mouth of a genuine fascist… you suck prez orange. All you did was wreck everything. And you dare talk about values? You are a valueless orange bloated piece of shit!

[Sebastian! @oneandonlyseb]

@EricLDaugh The fact that Iran was able to strike Camp Titin in Aqaba without one interceptor launched back means the US was not prepared at all, dumbass maga fuck!

[Sebastian! @oneandonlyseb]

@MysterySolvents @smc429 I think the propability is higher he drowns in his own bullshit first.

[Sebastian! @oneandonlyseb]

@nicksortor Nobody needs the USA maga mushbrain. That has become crystal clear these days.