NASDAQ · Technology
Invest in Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares stock from India
Indian and foreign residents can buy Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU) shares directly through Paasa.
By Paasa · Updated
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares at a glance
- Price
- $4.77+$0.00 (0.00%)
- Market cap
- $251.24M
- Day range
- $4.76 – $5.07
- P/E
- -1.64
- Dividend yield
- None
- Volume
- 10.00M
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares statements, FY2023–FY2025
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | CA$4.6M | CA$1.6M | CA$2.5M |
| Gross profit | CA$4.3M | CA$1.1M | CA$1.9M |
| Operating income | −CA$69.3M | −CA$50.6M | −CA$41.7M |
| Net income | −CA$70.7M | −CA$46.0M | −CA$35.6M |
| Earnings per share | −CA$2.36 | −CA$0.15 | −CA$0.12 |
| EBITDA | −CA$63.9M | −CA$40.3M | −CA$31.1M |
| Total assets | CA$310.8M | CA$116.8M | CA$151.0M |
| Total debt | CA$0.0 | CA$24.9M | CA$17.0M |
| Cash and short-term investments | CA$367.3K | CA$77.6M | CA$117.5M |
| Shareholders' equity | CA$296.7M | CA$87.5M | CA$131.9M |
| Operating cash flow | −CA$2.7M | −CA$41.7M | −CA$29.5M |
| Free cash flow | −CA$2.7M | −CA$48.4M | −CA$40.0M |
| Capital expenditure | CA$0.0 | −CA$6.7M | −CA$10.4M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Analyst price targets
- Low
- $16.00
- High
- $43.00
- Median
- $34.00
- Consensus
- $31.00
Ratings: 1 buy · 0 hold · 0 sell. Consensus: Buy.
Published sell-side 12-month targets in USD, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search XNDU and buy
Find Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares by name or by its ticker, XNDU, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.
Why invest in Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares from India
What Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares does
Xanadu Quantum Technologies Inc. specializes in the creation and delivery of photonic quantum computing solutions, encompassing both sophisticated hardware and versatile software platforms. Their hardware offerings include cloud-accessible "x-series" photonic quantum computers, which boast features such as programmable quantum gates and advanced photon-number resolving detectors. Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares operates in the Software - Infrastructure industry within the Technology sector.
Hold a dollar asset
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a share
Buy by amount, not by share, and get the matching fraction of one Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares share. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares stock from India?
Yes. Indian residents and NRIs can buy Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU) shares directly through Paasa. Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares is listed on NASDAQ, in the Software - Infrastructure industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares share?
No. You can buy part of one Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares share and add to your position over time. One share is $4.77, and you can buy whole shares or any fraction; there is no minimum trade size.
How are Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares dividends taxed for Indian investors?
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares trades on NASDAQ but is domiciled in Canada, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares shares?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.