Financial Analysis: Drone Delivery Canada (OTCMKTS:TAKOF) vs. IonQ (NYSE:IONQ)

Drone Delivery Canada (OTCMKTS:TAKOF) and IonQ (NYSE:IONQ) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, profitability, valuation, risk, institutional ownership, earnings and analyst recommendations.

Profitability

This table compares Drone Delivery Canada and IonQ’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Drone Delivery Canada	N/A	N/A	N/A
IonQ	-525.13%	-34.02%	-30.06%

Insider and Institutional Ownership

41.4% of IonQ shares are owned by institutional investors. 11.6% of IonQ shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings for Drone Delivery Canada and IonQ, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Drone Delivery Canada	0	0	0	0	N/A
IonQ	0	2	3	0	2.60

IonQ has a consensus target price of $12.00, indicating a potential upside of 22.39%. Given IonQ’s higher probable upside, analysts plainly believe IonQ is more favorable than Drone Delivery Canada.

Valuation and Earnings

This table compares Drone Delivery Canada and IonQ”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Drone Delivery Canada	N/A	N/A	N/A	N/A	N/A
IonQ	$31.21 million	66.44	-$157.77 million	($0.83)	-11.81

Drone Delivery Canada has higher earnings, but lower revenue than IonQ.

Summary

IonQ beats Drone Delivery Canada on 5 of the 8 factors compared between the two stocks.

About Drone Delivery Canada

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution. It serves governments; commercial and industrial applications, such as emergency services, medical, last-mile delivery, mining, oil and gas, agriculture, parcel delivery, postal mail, and military/security; and indigenous and non-indigenous remote communities. The company was incorporated in 2011 and is headquartered in Vaughan, Canada.

About IonQ

IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. The company was founded in 2015 and is headquartered in College Park, Maryland.