Quantum Corp. Files S-1/A with Financial Updates

TL;DR

QTM filing shows $100.8M product revenue & $71.7M service revenue for H1 2025.

AI Summary

Quantum Corp. filed an S-1/A on February 6, 2025, detailing its financial performance. For the six months ended September 30, 2024, the company reported revenue from its Product segment of $100.8 million and from its Service and Subscriptions segment of $71.7 million. For the fiscal year ended March 31, 2024, total revenue was $279.8 million.

Why It Matters

This filing provides investors with updated financial information for Quantum Corp., crucial for understanding the company's current performance and future prospects.

Risk Assessment

Risk Level: medium — S-1/A filings often indicate significant corporate events or financial restructuring, which can carry inherent risks for investors.

Key Numbers

• $100.8M — Product Revenue (Six months ended September 30, 2024)
• $71.7M — Service & Subscriptions Revenue (Six months ended September 30, 2024)
• $279.8M — Total Revenue (Fiscal year ended March 31, 2024)

Key Players & Entities

• Quantum Corp. /DE/ (company) — Filer of the S-1/A
• 20250206 (date) — Filing date of the S-1/A
• 2024-09-30 (date) — End date for six-month reporting period
• 2024-03-31 (date) — End date for fiscal year reporting period
• $100.8 million (dollar_amount) — Product segment revenue for six months ended 09/30/2024
• $71.7 million (dollar_amount) — Service and Subscriptions segment revenue for six months ended 09/30/2024
• $279.8 million (dollar_amount) — Total revenue for fiscal year ended 03/31/2024

FAQ

Key Financial Figures

• $0.01 — up to 2,302,733 shares of common stock, $0.01 par value per share (the "common stock"
• $200,000,000 — rchase from us, at our direction, up to $200,000,000 of common stock, subject to terms and c
• $32.57 — price of such sales would be less than $32.57 and the number of shares issued would e
• $21.17 — sing sale price of our common stock was $21.17 per share. We are a "smaller reporting

Filing Documents

• qtm-20250206.htm (S-1/A) — 5212KB
• exhibit231-sx1a1.htm (EX-23.1) — 2KB
• exhibit232-sx1a1.htm (EX-23.2) — 3KB
• qtm-20250206_g1.jpg (GRAPHIC) — 12KB
• qtm-20250206_g2.jpg (GRAPHIC) — 23KB
• qtm-20250206_g3.jpg (GRAPHIC) — 19KB
• qtm-20250206_g4.jpg (GRAPHIC) — 11KB
• 0001628280-25-004285.txt ( ) — 20759KB
• qtm-20250206.xsd (EX-101.SCH) — 76KB
• qtm-20250206_cal.xml (EX-101.CAL) — 125KB
• qtm-20250206_def.xml (EX-101.DEF) — 554KB
• qtm-20250206_lab.xml (EX-101.LAB) — 888KB
• qtm-20250206_pre.xml (EX-101.PRE) — 794KB
• qtm-20250206_htm.xml (XML) — 4377KB

RISK FACTORS

RISK FACTORS 7 COMMITTED EQUITY FINANCING 28

USE OF PROCEEDS

USE OF PROCEEDS 33 DIVIDEND POLICY 34

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 37

BUSINESS

BUSINESS 63 MANAGEMENT 68

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 81 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 101 PRINCIPAL SECURITYHOLDERS 104 SELLING STOCKHOLDER 106 DESCRIPTION OF OUR SECURITIES 108 PLAN OF DISTRIBUTION 112 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES TO NON-U.S. HOLDERS 114 LEGAL MATTERS 118 EXPERTS 118 CHANGE IN AUDITOR 118 WHERE YOU CAN FIND MORE INFORMATION; INCORPORATION BY REFERENCE 119 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS F- 1 Neither we nor the Selling Stockholder, have authorized anyone to provide you with any information or to make any representations other than those contained in this prospectus. We and the Selling Stockholder do not take responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. This prospectus is an offer to sell only the securities offered hereby and only under circumstances and in jurisdictions where it is lawful to do so. No dealer, salesperson or other person is authorized to give any information or to represent anything not contained in this prospectus. This prospectus is not an offer to sell securities, and it is not soliciting an offer to buy securities, in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this prospectus is accurate only as of the date on the front of this prospectus only, regardless of the time of delivery of this prospectus or any sale of a security. Our business, financial condition, results of operations and prospects may have changed since those dates. This prospectus includes industry and market data that we obtained from third-party studies and surveys, filings of public companies in our industry and internal company surveys. These sources may include government and industry sources. Industry publications and surveys generally state that the information contained therein has been obtained from sources believed to be reliable. Although we believe the

View Full Filing

View this S-1/A filing on SEC EDGAR