SEALSQ Corp ^LAES

Finances

	2024	2023	2022	2021	2020
Revenue	10.981 M ^{-63.47 %}	30.058 M ^{29.57 %}	23.198 M ^{24.80 %}	18.589 M ^{21.87 %}	15.253 M
Net income	-21.201 M ^{-548.75 %}	-3.268 M ^{-156.64 %}	5.770 M ^{219.54 %}	-4.827 M ^{47.54 %}	-9.201 M
Income before tax	-18.116 M ^{-495.33 %}	-3.043 M ^{-220.51 %}	2.525 M ^{147.88 %}	-5.273 M ^{42.66 %}	-9.196 M
Income before tax ratio	-1.65 ^{-1 529.59 %}	-0.10 ^{-193.01 %}	0.11 ^{138.37 %}	-0.28 ^{52.95 %}	-0.60
EBITDA	-15.845 M ^{-966.26 %}	-1.486 M ^{-140.10 %}	3.706 M ^{218.88 %}	-3.117 M ^{53.85 %}	-6.755 M
Net income ratio	-1.93 ^{-1 675.79 %}	-0.11 ^{-143.71 %}	0.25 ^{195.78 %}	-0.26 ^{56.95 %}	-0.60
Ratio EBITDA	-1.44 ^{-2 818.65 %}	-0.05 ^{-130.95 %}	0.16 ^{195.26 %}	-0.17 ^{62.13 %}	-0.44
Gross profit ratio	0.34 ^{-27.36 %}	0.47 ^{10.65 %}	0.42 ^{9.86 %}	0.38 ^{7.92 %}	0.36
Weighted average shs out dil	35.248 M ^{130.41 %}	15.298 M ^{1.11 %}	15.130 M ^{0.00 %}	15.130 M ^{0.00 %}	15.130 M
Weighted average shs out	35.248 M ^{130.41 %}	15.298 M ^{1.11 %}	15.130 M ^{0.00 %}	15.130 M ^{0.00 %}	15.130 M
EPS diluted	-0.68 ^{-223.81 %}	-0.21 ^{-155.26 %}	0.38 ^{218.75 %}	-0.32 ^{47.54 %}	-0.61
Earnings per share	-0.68 ^{-223.81 %}	-0.21 ^{-155.26 %}	0.38 ^{218.75 %}	-0.32 ^{47.54 %}	-0.61
Gross profit	3.728 M ^{-73.46 %}	14.049 M ^{43.37 %}	9.799 M ^{37.11 %}	7.147 M ^{31.52 %}	5.434 M
Income tax expense	3.085 M ^{1 271.11 %}	225.000 K ^{106.93 %}	-3.245 M ^{-54 183.33 %}	6.000 K ^{20.00 %}	5.000 K
Cost of revenue	7.253 M ^{-54.69 %}	16.009 M ^{19.48 %}	13.399 M ^{36.06 %}	9.848 M ^{10.86 %}	8.883 M
General and administrative expenses	10.840 M ^{25.40 %}	8.644 M ^{179.65 %}	3.091 M ^{-59.56 %}	7.644 M ^{-19.18 %}	9.458 M
Selling and marketing expenses	5.453 M ^{-3.45 %}	5.648 M ^{47.70 %}	3.824 M ^{-9.92 %}	4.245 M ^{36.80 %}	3.103 M
Other expenses	-359.000 K ^{-647.92 %}	-48.000 K ^{-114.75 %}	325.344 K ^{457.52 %}	-91.000 K	0.000
Operating expenses	20.919 M ^{15.00 %}	18.190 M ^{88.36 %}	9.657 M ^{-34.96 %}	14.848 M ^{-11.03 %}	16.689 M
Cost and expenses	28.172 M ^{-17.62 %}	34.199 M ^{65.89 %}	20.615 M ^{-14.47 %}	24.102 M ^{-1.22 %}	24.400 M
Research and development expenses	4.985 M ^{26.33 %}	3.946 M ^{63.29 %}	2.417 M ^{-20.77 %}	3.050 M ^{-26.11 %}	4.128 M
Selling general and administrative expenses	16.293 M ^{14.00 %}	14.292 M ^{106.68 %}	6.915 M ^{-41.84 %}	11.889 M ^{-5.35 %}	12.561 M
Interest income	798.258 K ^{807.11 %}	88.000 K ^{877.78 %}	9.000 K	0.000 ^{-100.00 %}	8.000 K
Interest expense	2.077 M ^{110.42 %}	987.000 K ^{63.14 %}	605.000 K ^{260.12 %}	168.000 K ^{1 766.67 %}	9.000 K
Depreciation and amortization	715.366 K ^{25.50 %}	570.000 K ^{33.43 %}	427.196 K ^{-72.21 %}	1.537 M ^{-49.33 %}	3.033 M
Operating income	-17.191 M ^{-315.14 %}	-4.141 M ^{-260.32 %}	2.583 M ^{146.85 %}	-5.514 M ^{35.78 %}	-8.585 M
Operating income ratio	-1.57 ^{-1 036.36 %}	-0.14 ^{-223.73 %}	0.11 ^{137.54 %}	-0.30 ^{47.30 %}	-0.56
Total other income expenses net	-925.000 K ^{-184.24 %}	1.098 M ^{1 993.10 %}	-58.000 K ^{-124.10 %}	240.630 K ^{139.38 %}	-611.000 K
	2024	2023	2022	2021	2020

	2024	2023	2022	2021	2020
Net debt	-75.748 M ^{-993.25 %}	8.480 M ^{-15.74 %}	10.064 M ^{-35.94 %}	15.710 M ^{20.04 %}	13.087 M
Total investments	0.000	0.000	0.000	0.000	0.000
Total debt	8.876 M ^{-42.27 %}	15.375 M ^{8.88 %}	14.121 M ^{-20.55 %}	17.774 M ^{19.15 %}	14.917 M
Accumulated other comprehensive income loss	758.000 K ^{-3.32 %}	784.000 K ^{1.16 %}	775.000 K ^{24.80 %}	621.000 K ^{27.52 %}	487.000 K
Retained earnings	-41.913 M ^{-102.36 %}	-20.712 M ^{-18.73 %}	-17.444 M ^{24.86 %}	-23.214 M ^{-11.60 %}	-20.801 M
Common stock	1.075 M ^{369.43 %}	229.000 K ^{52.67 %}	150.000 K ^{-91.53 %}	1.772 M ^{0.00 %}	1.772 M
Total equity	77.864 M ^{1 447.68 %}	5.031 M ^{2 273.11 %}	212.000 K ^{101.56 %}	-13.563 M ^{-44.70 %}	-9.373 M
Other non current liabilities	464.000 K ^{8.92 %}	426.000 K ^{7.58 %}	396.000 K ^{-31.13 %}	575.000 K ^{-43.35 %}	1.015 M
Long term debt	3.721 M ^{-72.96 %}	13.761 M ^{32.03 %}	10.423 M ^{-38.95 %}	17.073 M ^{22.33 %}	13.957 M
Total non current liabilities	4.185 M ^{-70.50 %}	14.187 M ^{31.13 %}	10.819 M ^{-38.70 %}	17.648 M ^{17.87 %}	14.972 M
Other current liabilities	6.630 M	0.000 ^{-100.00 %}	36.000 K ^{110.78 %}	-333.837 K ^{29.59 %}	-474.106 K
Deferred revenue	88.000 K ^{-29.60 %}	125.000 K ^{48.81 %}	84.000 K ^{-24.32 %}	111.000 K ^{-62.63 %}	297.000 K
Short term debt	5.155 M ^{219.39 %}	1.614 M ^{-56.35 %}	3.698 M ^{427.65 %}	700.837 K ^{-27.00 %}	960.106 K
Total current liabilities	15.517 M ^{78.01 %}	8.717 M ^{-17.98 %}	10.628 M ^{36.98 %}	7.759 M ^{-0.96 %}	7.834 M
Total liabilities	19.702 M ^{-13.98 %}	22.904 M ^{6.79 %}	21.447 M ^{-15.59 %}	25.407 M ^{11.40 %}	22.806 M
Other non current assets	82.000 K ^{-1.20 %}	83.000 K ^{7.79 %}	77.000 K ^{-6.10 %}	82.000 K ^{-4.65 %}	86.000 K
Long term investments	0.000	0.000	0.000	0.000	0.000
Intangible assets	0.000	0.000 ^{-100.00 %}	1.000 K ^{-80.00 %}	5.000 K ^{-44.44 %}	9.000 K
GoodWill	0.000	0.000	0.000	0.000	0.000
Goodwill and intangible assets	0.000	0.000 ^{-100.00 %}	1.000 K ^{-80.00 %}	5.000 K ^{-44.44 %}	9.000 K
Property plant equipment net	4.232 M ^{-6.12 %}	4.508 M ^{108.61 %}	2.161 M ^{-18.82 %}	2.662 M ^{-40.53 %}	4.476 M
Total non current assets	4.504 M ^{-41.26 %}	7.668 M ^{23.14 %}	6.227 M ^{73.16 %}	3.596 M ^{-38.86 %}	5.882 M
Other current assets	2.694 M ^{0.79 %}	2.673 M ^{87.97 %}	1.422 M ^{109.12 %}	680.000 K ^{573.97 %}	100.895 K
Short term investments	0.000	0.000	0.000	0.000	0.000
cash and cash equivalents	84.624 M ^{1 127.32 %}	6.895 M ^{69.95 %}	4.057 M ^{96.56 %}	2.064 M ^{12.79 %}	1.830 M
Cash and short term investments	84.624 M ^{1 127.32 %}	6.895 M ^{69.95 %}	4.057 M ^{96.56 %}	2.064 M ^{12.79 %}	1.830 M
Total current assets	93.062 M ^{359.18 %}	20.267 M ^{31.33 %}	15.432 M ^{87.10 %}	8.248 M ^{9.23 %}	7.551 M
Inventory	1.418 M ^{-72.89 %}	5.231 M ^{-30.35 %}	7.510 M ^{177.12 %}	2.710 M ^{9.54 %}	2.474 M
Net receivables	4.326 M ^{-20.89 %}	5.468 M ^{123.82 %}	2.443 M ^{-12.56 %}	2.794 M ^{-11.19 %}	3.146 M
Tax assets	190.000 K ^{-93.83 %}	3.077 M ^{-22.84 %}	3.988 M ^{370.84 %}	847.000 K ^{-35.39 %}	1.311 M
Other assets	0.000	0.000	0.000	0.000	0.000
Account payables	3.443 M ^{-50.55 %}	6.963 M ^{3.39 %}	6.735 M ^{-7.18 %}	7.256 M ^{7.75 %}	6.734 M
Tax payables	201.000 K ^{1 240.00 %}	15.000 K ^{-80.00 %}	75.000 K ^{200.00 %}	25.000 K ^{-92.11 %}	317.000 K
Deferred revenue non current	0.000	0.000	0.000	0.000	0.000
Minority interest	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	943.000 K ^{-23.27 %}	1.229 M ^{-6.33 %}	1.312 M ^{-26.13 %}	1.776 M ^{-13.37 %}	2.050 M
Preferred stock	0.000	0.000	0.000	0.000	0.000
Other total stockholders equity	117.944 M ^{376.93 %}	24.730 M ^{47.81 %}	16.731 M ^{130.52 %}	7.258 M ^{-20.84 %}	9.169 M
Deferred tax liabilities non current	0.000	0.000	0.000	0.000	0.000
Other liabilities	0.000	0.000	0.000	0.000	0.000
Total assets	97.566 M ^{249.26 %}	27.935 M ^{28.98 %}	21.659 M ^{82.87 %}	11.844 M ^{-11.83 %}	13.433 M
	2024	2023	2022	2021	2020

	2024	2023	2022	2021	2020
Deferred income tax	3.081 M ^{1 269.33 %}	225.000 K ^{106.92 %}	-3.250 M ^{-54 266.67 %}	6.000 K ^{20.00 %}	5.000 K
Stock based compensation	148.000 K	0.000	0.000	0.000	0.000
Change in working capital	5.340 M ^{4 172.00 %}	125.000 K ^{102.93 %}	-4.273 M ^{-12 467.65 %}	-34.000 K ^{-101.03 %}	3.288 M
Accounts receivables	1.451 M ^{151.20 %}	-2.834 M ^{-832.30 %}	387.000 K ^{196.75 %}	-400.000 K ^{-125.99 %}	1.539 M
Inventory	4.337 M ^{87.02 %}	2.319 M ^{143.31 %}	-5.354 M ^{-2 168.64 %}	-236.000 K ^{-175.40 %}	313.000 K
Accounts payables	2.100 M ^{5 284.62 %}	39.000 K ^{107.49 %}	-521.000 K ^{-199.81 %}	522.000 K ^{214.22 %}	-457.000 K
Other working capital	-2.548 M ^{-523.96 %}	601.000 K ^{-50.53 %}	1.215 M ^{1 418.75 %}	80.000 K ^{-95.77 %}	1.893 M
Other non cash items	711.634 K ^{320.02 %}	-323.442 K ^{-54.76 %}	-209.000 K ^{-688.52 %}	35.513 K ^{-6.54 %}	38.000 K
Net cash provided by operating activities	-11.205 M ^{-268.59 %}	-3.040 M ^{-95.62 %}	-1.554 M ^{56.73 %}	-3.591 M ^{-18.79 %}	-3.023 M
Investments in property plant and equipment	-571.000 K ^{81.10 %}	-3.021 M ^{-910.37 %}	-299.000 K ^{-730.56 %}	-36.000 K ^{30.77 %}	-52.000 K
Acquisitions net	0.000	0.000	0.000	0.000 ^{-100.00 %}	215.000 K
Purchases of investments	0.000	0.000	0.000	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000	0.000	0.000
Other investing activites	0.000	0.000	0.000	0.000	0.000
Net cash used for investing activites	-571.000 K ^{81.10 %}	-3.021 M ^{-910.37 %}	-299.000 K ^{-730.56 %}	-36.000 K ^{-122.09 %}	163.000 K
Debt repayment	18.593 M ^{93.68 %}	9.600 M ^{448.57 %}	1.750 M ^{-49.48 %}	3.464 M ^{23.49 %}	2.805 M
Common stock issued	60.000 M	0.000	0.000	0.000	0.000
Common stock repurchased	0.000	0.000	0.000	0.000	0.000
Dividends paid	0.000	0.000	0.000	0.000	0.000
Other financing activites	10.888 M ^{1 701.18 %}	-680.000 K ^{-134.00 %}	2.000 M ^{781.06 %}	227.000 K	0.000
Net cash used provided by financing activities	89.481 M ^{903.15 %}	8.920 M ^{137.87 %}	3.750 M ^{1.60 %}	3.691 M ^{31.59 %}	2.805 M
Effect of forex changes on cash	24.000 K ^{214.29 %}	-21.000 K ^{-121.88 %}	96.000 K ^{-43.53 %}	170.000 K ^{325.00 %}	40.000 K
Net change in cash	77.729 M ^{2 638.87 %}	2.838 M ^{42.40 %}	1.993 M ^{751.71 %}	234.000 K ^{1 660.00 %}	-15.000 K
Cash at beginning of period	6.895 M ^{69.95 %}	4.057 M ^{96.56 %}	2.064 M ^{12.79 %}	1.830 M ^{-0.81 %}	1.845 M
Cash at end of period	84.624 M ^{1 127.32 %}	6.895 M ^{69.95 %}	4.057 M ^{96.56 %}	2.064 M ^{12.79 %}	1.830 M
Operating cash flow	-11.205 M ^{-268.59 %}	-3.040 M ^{-95.62 %}	-1.554 M ^{56.73 %}	-3.591 M ^{-18.79 %}	-3.023 M
Capital expenditure	-571.000 K ^{81.10 %}	-3.021 M ^{-910.37 %}	-299.000 K ^{-730.56 %}	-36.000 K ^{30.77 %}	-52.000 K
Free CashFlow	-11.776 M ^{-94.29 %}	-6.061 M ^{-227.09 %}	-1.853 M ^{48.91 %}	-3.627 M ^{-17.95 %}	-3.075 M
	2024	2023	2022	2021	2020

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30
Revenue	5.596 M ^{-20.70 %}	7.057 M ^{30.04 %}	5.427 M ^{-68.61 %}	17.289 M ^{17.21 %}	14.751 M ^{13.55 %}	12.991 M ^{15.15 %}	11.282 M ^{7.37 %}	10.507 M ^{30.23 %}	8.068 M
Net income	-23.197 M ^{-93.67 %}	-11.977 M ^{0.95 %}	-12.092 M ^{-347.39 %}	-2.703 M ^{-208.90 %}	-875.000 K ^{-114.19 %}	6.166 M ^{3 282.65 %}	-193.744 K ^{82.21 %}	-1.089 M ^{74.14 %}	-4.211 M
Income before tax	-23.195 M ^{-133.47 %}	-9.935 M ^{6.51 %}	-10.627 M ^{-278.15 %}	-2.810 M ^{-406.34 %}	-555.000 K ^{-119.79 %}	2.804 M ^{1 555.20 %}	-192.685 K ^{82.22 %}	-1.084 M ^{74.26 %}	-4.210 M
Income before tax ratio	-4.14 ^{-194.41 %}	-1.41 ^{28.11 %}	-1.96 ^{-1 104.73 %}	-0.16 ^{-332.00 %}	-0.04 ^{-117.43 %}	0.22 ^{1 363.71 %}	-0.02 ^{83.44 %}	-0.10 ^{80.24 %}	-0.52
EBITDA	-22.462 M ^{-163.79 %}	-8.515 M ^{7.99 %}	-9.254 M ^{-486.07 %}	-1.579 M ^{-1 779.81 %}	-83.999 K ^{-102.41 %}	3.486 M ^{1 792.04 %}	184.220 K ^{153.64 %}	-343.454 K ^{88.86 %}	-3.083 M
Net income ratio	-4.15 ^{-144.23 %}	-1.70 ^{23.83 %}	-2.23 ^{-1 325.32 %}	-0.16 ^{-163.55 %}	-0.06 ^{-112.50 %}	0.47 ^{2 863.84 %}	-0.02 ^{83.43 %}	-0.10 ^{80.14 %}	-0.52
Ratio EBITDA	-4.01 ^{-232.65 %}	-1.21 ^{29.24 %}	-1.71 ^{-1 767.13 %}	-0.09 ^{-1 503.85 %}	-0.01 ^{-102.12 %}	0.27 ^{1 543.06 %}	0.02 ^{149.95 %}	-0.03 ^{91.45 %}	-0.38
Gross profit ratio	0.34 ^{-25.81 %}	0.45 ^{135.06 %}	0.19 ^{-52.74 %}	0.41 ^{-22.57 %}	0.53 ^{37.27 %}	0.38 ^{-10.22 %}	0.43 ^{9.12 %}	0.39 ^{33.78 %}	0.29
Weighted average shs out dil	116.479 M ^{173.99 %}	42.513 M ^{180.98 %}	15.130 M ^{-1.82 %}	15.410 M ^{2.74 %}	15.000 M ^{0.00 %}	15.000 M ^{0.00 %}	15.000 M ^{0.00 %}	15.000 M ^{0.00 %}	15.000 M
Weighted average shs out	116.479 M ^{173.99 %}	42.513 M ^{180.98 %}	15.130 M ^{-1.82 %}	15.410 M ^{2.74 %}	15.000 M ^{0.00 %}	15.000 M ^{0.00 %}	15.000 M ^{0.00 %}	15.000 M ^{0.00 %}	15.000 M
EPS diluted	-0.20 ^{28.57 %}	-0.28 ^{65.00 %}	-0.80 ^{-344.44 %}	-0.18 ^{-208.75 %}	-0.06 ^{-114.22 %}	0.41 ^{3 278.29 %}	-0.01 ^{82.23 %}	-0.07 ^{74.07 %}	-0.28
Earnings per share	-0.20 ^{28.57 %}	-0.28 ^{65.00 %}	-0.80 ^{-344.44 %}	-0.18 ^{-208.75 %}	-0.06 ^{-114.22 %}	0.41 ^{3 278.29 %}	-0.01 ^{82.23 %}	-0.07 ^{74.07 %}	-0.28
Gross profit	1.886 M ^{-41.17 %}	3.206 M ^{205.68 %}	1.049 M ^{-85.17 %}	7.069 M ^{-9.25 %}	7.790 M ^{55.87 %}	4.998 M ^{3.39 %}	4.834 M ^{17.17 %}	4.126 M ^{74.21 %}	2.368 M
Income tax expense	2.319 K ^{-99.89 %}	2.043 M ^{39.36 %}	1.466 M ^{1 466.00 %}	-107.301 K ^{-133.53 %}	320.000 K ^{109.52 %}	-3.362 M ^{-317 678.22 %}	1.059 K ^{-80.52 %}	5.434 K ^{393.59 %}	1.101 K
Cost of revenue	3.710 M ^{-3.66 %}	3.851 M ^{-12.03 %}	4.378 M ^{-57.16 %}	10.220 M ^{46.81 %}	6.961 M ^{-12.92 %}	7.993 M ^{23.97 %}	6.448 M ^{1.04 %}	6.381 M ^{11.95 %}	5.700 M
General and administrative expenses	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Selling and marketing expenses	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other expenses	0.000	0.000	0.000	0.000	0.000	0.000 ^{100.00 %}	-105.870 K	0.000 ^{100.00 %}	-110.099 K
Operating expenses	28.445 M ^{116.51 %}	13.138 M ^{18.99 %}	11.041 M ^{22.67 %}	9.001 M ^{15.72 %}	7.778 M ^{94.44 %}	4.000 M ^{-23.71 %}	5.244 M ^{1.44 %}	5.169 M ^{-25.75 %}	6.962 M
Cost and expenses	32.156 M ^{89.27 %}	16.990 M ^{10.18 %}	15.419 M ^{-19.78 %}	19.221 M ^{30.41 %}	14.739 M ^{22.89 %}	11.994 M ^{2.59 %}	11.691 M ^{1.22 %}	11.550 M ^{-8.78 %}	12.662 M
Research and development expenses	5.479 M ^{84.30 %}	2.973 M ^{10.52 %}	2.690 M ^{-2.96 %}	2.772 M ^{85.78 %}	1.492 M ^{25.58 %}	1.188 M ^{-3.34 %}	1.229 M ^{-19.39 %}	1.525 M ^{-15.91 %}	1.813 M
Selling general and administrative expenses	22.966 M ^{125.93 %}	10.165 M ^{21.72 %}	8.352 M ^{34.07 %}	6.229 M ^{-0.90 %}	6.286 M ^{123.52 %}	2.812 M ^{-28.05 %}	3.909 M ^{7.26 %}	3.644 M ^{-27.67 %}	5.038 M
Interest income	1.869 M ^{262.84 %}	514.975 K ^{80.37 %}	285.503 K ^{665.98 %}	37.273 K ^{-32.23 %}	55.000 K ^{489.98 %}	9.322 K	0.000	0.000	0.000
Interest expense	343.314 K ^{-67.07 %}	1.043 M ^{0.82 %}	1.034 M ^{15.31 %}	896.814 K ^{355.24 %}	197.000 K ^{-57.74 %}	466.115 K ^{182.22 %}	165.159 K ^{39.41 %}	118.471 K ^{82.38 %}	64.959 K
Depreciation and amortization	389.708 K ^{3.28 %}	377.343 K ^{11.53 %}	338.333 K ^{1.20 %}	334.329 K ^{22.02 %}	274.000 K ^{27.18 %}	215.448 K ^{1.75 %}	211.742 K ^{-65.94 %}	621.703 K ^{-41.49 %}	1.062 M
Operating income	-26.559 M ^{-167.40 %}	-9.932 M ^{0.60 %}	-9.993 M ^{-417.37 %}	-1.931 M ^{-16 195.25 %}	12.000 K ^{-98.80 %}	997.490 K ^{343.46 %}	-409.720 K ^{60.73 %}	-1.043 M ^{77.28 %}	-4.593 M
Operating income ratio	-4.75 ^{-237.20 %}	-1.41 ^{23.56 %}	-1.84 ^{-1 548.27 %}	-0.11 ^{-13 832.41 %}	0.00 ^{-98.94 %}	0.08 ^{311.42 %}	-0.04 ^{63.43 %}	-0.10 ^{82.56 %}	-0.57
Total other income expenses net	3.365 M ^{146 774.50 %}	-2.294 K ^{99.64 %}	-633.953 K ^{27.86 %}	-878.740 K ^{-54.98 %}	-567.000 K ^{-131.39 %}	1.806 M ^{732.33 %}	217.037 K ^{639.72 %}	-40.213 K ^{-110.50 %}	383.157 K
	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31
Net debt	-114.568 M ^{-51.25 %}	-75.748 M ^{-8 871.55 %}	863.565 K ^{-89.82 %}	8.480 M ^{-35.49 %}	13.145 M ^{30.61 %}	10.064 M ^{-39.52 %}	16.640 M ^{5.92 %}	15.710 M
Total investments	3.614 M	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total debt	6.371 M ^{-28.22 %}	8.876 M ^{-59.38 %}	21.850 M ^{42.11 %}	15.375 M ^{2.47 %}	15.005 M ^{6.26 %}	14.121 M ^{-24.25 %}	18.642 M ^{4.88 %}	17.774 M
Accumulated other comprehensive income loss	866.000 K ^{14.25 %}	758.000 K ^{-2.32 %}	776.000 K ^{-1.02 %}	784.000 K ^{1.69 %}	771.000 K ^{-0.52 %}	775.000 K ^{26.63 %}	612.000 K ^{-1.45 %}	621.000 K
Retained earnings	-61.913 M ^{-47.72 %}	-41.913 M ^{-19.68 %}	-35.021 M ^{-69.09 %}	-20.712 M ^{-13.07 %}	-18.318 M ^{-5.01 %}	-17.444 M ^{41.94 %}	-30.047 M ^{-29.43 %}	-23.214 M
Common stock	1.312 M ^{22.05 %}	1.075 M ^{255.96 %}	302.000 K ^{31.88 %}	229.000 K ^{52.67 %}	150.000 K ^{0.00 %}	150.000 K ^{0.00 %}	150.000 K ^{-91.53 %}	1.772 M
Total equity	118.129 M ^{51.71 %}	77.864 M ^{1 239.37 %}	5.813 M ^{15.55 %}	5.031 M ^{880.00 %}	-645.000 K ^{-404.25 %}	212.000 K ^{101.71 %}	-12.407 M ^{8.52 %}	-13.563 M
Other non current liabilities	1.806 M ^{289.22 %}	464.000 K ^{-4.37 %}	485.199 K ^{13.90 %}	426.000 K ^{-0.70 %}	429.000 K ^{8.33 %}	396.000 K ^{-32.65 %}	588.000 K ^{2.26 %}	575.000 K
Long term debt	4.089 M ^{9.89 %}	3.721 M ^{-82.66 %}	21.454 M ^{55.91 %}	13.761 M ^{-6.08 %}	14.652 M ^{40.57 %}	10.423 M ^{-43.13 %}	18.327 M ^{7.34 %}	17.073 M
Total non current liabilities	5.895 M ^{40.86 %}	4.185 M ^{-80.92 %}	21.940 M ^{54.65 %}	14.187 M ^{-5.93 %}	15.081 M ^{39.39 %}	10.819 M ^{-42.80 %}	18.915 M ^{7.18 %}	17.648 M
Other current liabilities	12.284 M ^{85.28 %}	6.630 M ^{27.08 %}	5.217 M	0.000 ^{-100.00 %}	4.170 M ^{11 483.33 %}	36.000 K ^{-16.28 %}	43.000 K ^{112.88 %}	-333.837 K
Deferred revenue	43.000 K ^{-51.14 %}	88.000 K ^{193.33 %}	30.000 K ^{-76.00 %}	125.000 K ^{-20.38 %}	157.000 K ^{86.90 %}	84.000 K ^{200.00 %}	28.000 K ^{-74.77 %}	111.000 K
Short term debt	2.282 M ^{-55.73 %}	5.155 M ^{1 204.87 %}	395.058 K ^{-75.52 %}	1.614 M ^{357.22 %}	353.000 K ^{-90.45 %}	3.698 M ^{1 073.97 %}	315.000 K ^{-55.05 %}	700.837 K
Total current liabilities	17.996 M ^{15.98 %}	15.517 M ^{91.14 %}	8.118 M ^{-6.87 %}	8.717 M ^{-9.58 %}	9.641 M ^{-9.29 %}	10.628 M ^{29.82 %}	8.187 M ^{5.52 %}	7.759 M
Total liabilities	23.891 M ^{21.26 %}	19.702 M ^{-34.45 %}	30.058 M ^{31.23 %}	22.904 M ^{-7.35 %}	24.722 M ^{15.27 %}	21.447 M ^{-20.87 %}	27.102 M ^{6.67 %}	25.407 M
Other non current assets	93.000 K ^{13.41 %}	82.000 K ^{-13.31 %}	94.592 K ^{13.97 %}	83.000 K ^{1.22 %}	82.000 K ^{6.49 %}	77.000 K ^{1.32 %}	76.000 K ^{-7.32 %}	82.000 K
Long term investments	3.614 M	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Intangible assets	300.000 K	0.000	0.000	0.000	0.000 ^{-100.00 %}	1.000 K ^{-66.67 %}	3.000 K ^{-40.00 %}	5.000 K
GoodWill	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Goodwill and intangible assets	300.000 K	0.000	0.000	0.000	0.000 ^{-100.00 %}	1.000 K ^{-66.67 %}	3.000 K ^{-40.00 %}	5.000 K
Property plant equipment net	4.406 M ^{4.11 %}	4.232 M ^{-9.33 %}	4.667 M ^{3.53 %}	4.508 M ^{29.73 %}	3.475 M ^{60.81 %}	2.161 M ^{-16.05 %}	2.574 M ^{-3.31 %}	2.662 M
Total non current assets	9.161 M ^{103.40 %}	4.504 M ^{-33.84 %}	6.807 M ^{-11.23 %}	7.668 M ^{-0.60 %}	7.714 M ^{23.88 %}	6.227 M ^{67.21 %}	3.724 M ^{3.56 %}	3.596 M
Other current assets	2.850 M ^{5.79 %}	2.694 M ^{-10.77 %}	3.019 M ^{12.95 %}	2.673 M ^{93.28 %}	1.383 M ^{-2.74 %}	1.422 M ^{-11.83 %}	1.613 M ^{137.17 %}	680.000 K
Short term investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
cash and cash equivalents	120.939 M ^{42.91 %}	84.624 M ^{303.24 %}	20.986 M ^{204.37 %}	6.895 M ^{270.70 %}	1.860 M ^{-54.15 %}	4.057 M ^{102.65 %}	2.002 M ^{-3.00 %}	2.064 M
Cash and short term investments	120.939 M ^{42.91 %}	84.624 M ^{303.24 %}	20.986 M ^{204.37 %}	6.895 M ^{270.70 %}	1.860 M ^{-54.15 %}	4.057 M ^{102.65 %}	2.002 M ^{-3.00 %}	2.064 M
Total current assets	132.859 M ^{42.76 %}	93.062 M ^{220.20 %}	29.064 M ^{43.41 %}	20.267 M ^{23.86 %}	16.363 M ^{6.03 %}	15.432 M ^{40.66 %}	10.971 M ^{33.01 %}	8.248 M
Inventory	2.204 M ^{55.43 %}	1.418 M ^{-57.26 %}	3.317 M ^{-36.58 %}	5.231 M ^{-43.96 %}	9.334 M ^{24.29 %}	7.510 M ^{79.28 %}	4.189 M ^{54.58 %}	2.710 M
Net receivables	6.866 M ^{58.71 %}	4.326 M ^{148.39 %}	1.742 M ^{-68.15 %}	5.468 M ^{44.43 %}	3.786 M ^{54.97 %}	2.443 M ^{-33.18 %}	3.656 M ^{30.85 %}	2.794 M
Tax assets	748.000 K ^{293.68 %}	190.000 K ^{-90.71 %}	2.045 M ^{-33.53 %}	3.077 M ^{-25.98 %}	4.157 M ^{4.24 %}	3.988 M ^{272.36 %}	1.071 M ^{26.45 %}	847.000 K
Other assets	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	3.306 M ^{-3.98 %}	3.443 M ^{39.39 %}	2.470 M ^{-64.53 %}	6.963 M ^{42.51 %}	4.886 M ^{-27.45 %}	6.735 M ^{-13.51 %}	7.787 M ^{7.32 %}	7.256 M
Tax payables	81.000 K ^{-59.70 %}	201.000 K ^{3 250.00 %}	6.000 K ^{-60.00 %}	15.000 K ^{-80.00 %}	75.000 K ^{0.00 %}	75.000 K ^{435.71 %}	14.000 K ^{-44.00 %}	25.000 K
Deferred revenue non current	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Minority interest	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	933.000 K ^{-1.06 %}	943.000 K ^{12.38 %}	839.083 K ^{-31.73 %}	1.229 M ^{-1.05 %}	1.242 M ^{-5.34 %}	1.312 M ^{-20.73 %}	1.655 M ^{-6.81 %}	1.776 M
Preferred stock	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other total stockholders equity	177.864 M ^{50.80 %}	117.944 M ^{196.66 %}	39.757 M ^{60.76 %}	24.730 M ^{47.62 %}	16.752 M ^{0.13 %}	16.731 M ^{-60.10 %}	41.929 M ^{477.70 %}	7.258 M
Deferred tax liabilities non current	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	142.020 M ^{45.56 %}	97.566 M ^{171.99 %}	35.871 M ^{28.41 %}	27.935 M ^{16.02 %}	24.077 M ^{11.16 %}	21.659 M ^{47.39 %}	14.695 M ^{24.07 %}	11.844 M
	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30
Deferred income tax	0.000 ^{-100.00 %}	3.534 M	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Change in working capital	-2.191 M ^{-193.14 %}	2.352 M ^{-37.64 %}	3.772 M ^{107.70 %}	1.816 M ^{208.43 %}	-1.675 M ^{55.67 %}	-3.779 M ^{-38.99 %}	-2.719 M ^{-175.73 %}	-986.029 K ^{-203.89 %}	949.075 K
Accounts receivables	1.239 M ^{154.90 %}	-2.256 M ^{-157.55 %}	3.921 M ^{301.16 %}	-1.949 M ^{-55.67 %}	-1.252 M ^{-203.31 %}	1.212 M ^{249.43 %}	-810.974 K ^{-272.25 %}	-217.857 K ^{-0.44 %}	-216.900 K
Inventory	-895.401 K ^{-134.37 %}	2.605 M ^{9.93 %}	2.369 M ^{-49.59 %}	4.700 M ^{325.87 %}	-2.081 M ^{47.71 %}	-3.980 M ^{-154.17 %}	-1.566 M ^{-502.69 %}	-259.810 K ^{-7 965.77 %}	3.303 K
Accounts payables	2.262 M ^{-8.57 %}	2.474 M ^{3 894.53 %}	-65.193 K ^{96.82 %}	-2.051 M ^{-197.90 %}	2.095 M ^{290.14 %}	-1.102 M ^{-295.99 %}	562.177 K ^{499.86 %}	-140.594 K ^{-119.86 %}	707.953 K
Other working capital	-4.796 M ^{-920.92 %}	-469.767 K ^{80.85 %}	-2.453 M ^{-319.81 %}	1.116 M ^{355.34 %}	-437.000 K ^{-580.07 %}	91.029 K ^{110.07 %}	-904.141 K ^{-145.85 %}	-367.767 K ^{-180.88 %}	454.719 K
Other non cash items	11.220 M ^{739.53 %}	-1.754 M ^{-167.51 %}	2.599 M ^{763.62 %}	-391.606 K ^{-115.63 %}	2.506 M ^{-12.51 %}	2.864 M ^{32.43 %}	2.163 M ^{19.06 %}	1.817 M ^{27.41 %}	1.426 M
Net cash provided by operating activities	-13.778 M ^{-84.48 %}	-7.468 M ^{-38.74 %}	-5.383 M ^{-186.69 %}	-1.878 M ^{-20.67 %}	-1.556 M ^{-233.41 %}	1.166 M ^{142.01 %}	-2.776 M ^{-85.26 %}	-1.498 M ^{37.69 %}	-2.405 M
Investments in property plant and equipment	-534.688 K ^{3.64 %}	-554.863 K ^{-454.65 %}	-100.038 K ^{94.23 %}	-1.735 M ^{-3.47 %}	-1.677 M ^{-886.72 %}	-169.957 K ^{-21.62 %}	-139.750 K ^{-27 590.07 %}	508.365 ^{101.28 %}	-39.636 K
Acquisitions net	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Purchases of investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other investing activites	-1.904 M	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Net cash used for investing activites	-2.439 M ^{-339.60 %}	-554.863 K ^{-454.65 %}	-100.038 K ^{94.23 %}	-1.735 M ^{-3.47 %}	-1.677 M ^{-886.72 %}	-169.957 K ^{-21.62 %}	-139.750 K ^{-27 590.07 %}	508.365 ^{101.28 %}	-39.636 K
Debt repayment	-3.190 M ^{-932.41 %}	383.175 K ^{-97.96 %}	18.801 M ^{2 268.46 %}	-867.000 K	0.000	0.000	0.000	0.000	0.000
Common stock issued	61.409 M ^{-26.41 %}	83.446 M	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Common stock repurchased	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Dividends paid	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other financing activites	0.000	0.000	0.000 ^{-100.00 %}	10.075 M ^{1 062.06 %}	867.000 K ^{-26.02 %}	1.172 M ^{-56.80 %}	2.712 M ^{186.91 %}	945.398 K ^{-69.17 %}	3.066 M
Net cash used provided by financing activities	58.220 M ^{-30.55 %}	83.829 M ^{345.88 %}	18.801 M ^{104.18 %}	9.208 M ^{962.06 %}	867.000 K ^{-26.02 %}	1.172 M ^{-56.80 %}	2.712 M ^{186.91 %}	945.398 K ^{-69.17 %}	3.066 M
Effect of forex changes on cash	16.553 M ^{584.96 %}	-3.413 M ^{-551.65 %}	-523.779 K ^{-171.07 %}	737.029 K	0.000	0.000	0.000	0.000	0.000
Net change in cash	58.555 M ^{-19.11 %}	72.392 M ^{465.84 %}	12.794 M ^{102.04 %}	6.332 M ^{350.78 %}	-2.525 M ^{-210.08 %}	2.294 M ^{1 417.67 %}	-174.080 K ^{68.49 %}	-552.512 K ^{-188.82 %}	622.074 K
Cash at beginning of period	93.378 M ^{344.96 %}	20.986 M ^{156.17 %}	8.192 M ^{340.44 %}	1.860 M ^{-57.58 %}	4.385 M ^{109.69 %}	2.091 M ^{-7.68 %}	2.265 M ^{-19.61 %}	2.818 M	0.000
Cash at end of period	151.933 M ^{62.71 %}	93.378 M ^{344.96 %}	20.986 M ^{156.17 %}	8.192 M ^{340.44 %}	1.860 M ^{-57.58 %}	4.385 M ^{109.69 %}	2.091 M ^{-7.68 %}	2.265 M ^{264.15 %}	622.074 K
Operating cash flow	-13.778 M ^{-84.48 %}	-7.468 M ^{-38.74 %}	-5.383 M ^{-186.69 %}	-1.878 M ^{-20.67 %}	-1.556 M ^{-233.41 %}	1.166 M ^{142.01 %}	-2.776 M ^{-85.26 %}	-1.498 M ^{37.69 %}	-2.405 M
Capital expenditure	-534.689 K ^{3.64 %}	-554.864 K ^{-454.66 %}	-100.037 K ^{94.23 %}	-1.735 M ^{-3.47 %}	-1.677 M ^{-886.72 %}	-169.957 K ^{-21.62 %}	-139.750 K ^{-27 590.07 %}	508.365 ^{101.28 %}	-39.636 K
Free CashFlow	-14.313 M ^{-78.39 %}	-8.023 M ^{-46.33 %}	-5.483 M ^{-51.76 %}	-3.613 M ^{-11.75 %}	-3.233 M ^{-424.49 %}	996.339 K ^{134.17 %}	-2.916 M ^{-94.65 %}	-1.498 M ^{38.72 %}	-2.444 M
	2025	2024	2024	2023	2023	2022	2022	2021	2021

Date	Form 10K
2024	https://www.sec.gov/Archives/edgar/data/1951222/000119380525000334/e664249_20f-sealsq.htm
2023	https://www.sec.gov/Archives/edgar/data/1951222/000119380524000423/e619360_20f-sealsq.htm
2022	https://www.sec.gov/Archives/edgar/data/1951222/000119380523000901/e618734_20f-sealsq.htm
2021
2020

SEALSQ Corp LAES

Finances

SEALSQ Corp ^LAES