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SEALSQ Corp
(NASDAQ:LAES)
SEALSQ Corp (LAES) vs. SPDR S&P 500 ETF (SPY)
SEALSQ Corp Business Overview & Revenue Model
SEALSQ Corp Earnings Call Summary
SEALSQ Corp Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 10.98M | 30.06M | 23.20M | 17.00M | 14.32M |
| Gross Profit | 3.73M | 14.05M | 9.80M | 7.15M | 5.43M |
| EBITDA | -15.93M | -1.49M | 3.71M | -3.41M | -6.75M |
| Net Income | -21.20M | -3.27M | 5.77M | -7.49M | -11.87M |
Balance Sheet | |||||
| Total Assets | 97.57M | 27.93M | 21.66M | 11.84M | 13.43M |
| Cash, Cash Equivalents and Short-Term Investments | 84.62M | 6.89M | 4.06M | 2.06M | 1.83M |
| Total Debt | 8.88M | 15.38M | 14.12M | 17.39M | 14.31M |
| Total Liabilities | 19.70M | 22.90M | 21.45M | 25.41M | 22.81M |
| Stockholders Equity | 77.86M | 5.03M | 212.00K | -13.56M | -9.37M |
Cash Flow | |||||
| Free Cash Flow | -11.78M | -6.06M | -1.85M | -3.63M | -3.08M |
| Operating Cash Flow | -11.21M | -3.04M | -1.55M | -3.59M | -3.02M |
| Investing Cash Flow | -571.00K | -3.02M | -299.00K | -36.00K | 163.00K |
| Financing Cash Flow | 89.48M | 8.92M | 3.75M | 3.69M | 2.81M |
SEALSQ Corp Technical Analysis
SEALSQ Corp Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | 319.93M | 22.01 | 23.81% | 6.05% | -9.22% | -13.57% | |
60 Neutral | $627.33M | ― | -45.62% | ― | -44.30% | 16.42% | |
58 Neutral | 897.57M | -228.28 | -3.18% | ― | -10.95% | -111.40% | |
48 Neutral | 282.65M | -71.71 | 6.30% | ― | -6.09% | 97.33% | |
47 Neutral | 346.86M | -1.59 | 3171.89% | ― | 0.00% | -3299.52% | |
45 Neutral | 420.95M | -12.08 | 440.19% | ― | 18.64% | 16.54% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
SEALSQ Corp Corporate Events
On September 9, 2025, SEALSQ Corp reported its interim financial results for the first half of 2025, revealing a revenue of $4.8 million, consistent with the same period in 2024. The company has a strong cash reserve of $121 million as of June 30, 2025, despite an operating loss of $21.2 million due to a one-off stock-based compensation charge. SEALSQ updated its full-year 2025 revenue guidance to be between $17.5 million and $20.0 million, representing a year-on-year growth of 59% to 82%. The company anticipates further growth in 2026, driven by new revenue streams from its IC’ALPS acquisition and the launch of its TPM post-quantum resistant chip. SEALSQ has identified a $170 million business pipeline for 2026-2028, fueled by demand for quantum-resistant security solutions. The company has achieved several strategic milestones, including the IC’ALPS acquisition and the Quantix Edge Security Joint Venture, positioning it as a leader in quantum-resilient security standards.
On August 4, 2025, SEALSQ Corp announced the completion of its acquisition of IC’ALPS SAS, following approval from the French Ministry of the Economy, Finance and Industrial and Digital Sovereignty. This strategic acquisition, valued at EUR 12.5 million with potential earn-out payments, significantly enhances SEALSQ’s capabilities in the European semiconductor sector by integrating IC’ALPS’ expertise in ASIC design. The move is expected to bolster SEALSQ’s position in the market for secure, high-performance ASICs, addressing the growing demand for quantum-resistant technologies across industries such as automotive, healthcare, and IoT. The acquisition aligns with SEALSQ’s strategic vision to create a ‘Quantum Corridor’ in France, focusing on developing post-quantum semiconductors.
On July 14, 2025, SEALSQ Corp announced a securities purchase agreement to sell 15,000,000 ordinary shares and accompanying warrants to institutional investors, expecting gross proceeds of approximately $60 million. This offering, led by Heights Capital Management, Inc., is intended to support SEALSQ’s expansion in the Post-Quantum and Quantum technology sectors, with plans to utilize the funds for strategic acquisitions and advancing their technology roadmap. The transaction is seen as an endorsement of SEALSQ’s technical progress and strategic direction, positioning the company for further growth in the quantum computing market.
SEALSQ Corp announced its preliminary financial metrics for the first half of 2025, reporting a revenue of $4.8 million, consistent with the previous year, as it transitions to next-generation post-quantum solutions. The company anticipates significant growth in the second half of 2025 and into 2026, driven by strategic acquisitions, partnerships, and the launch of new quantum-resistant products. SEALSQ’s robust cash reserves and strategic investments position it well for future expansion and leadership in the post-quantum security market.
On June 17, 2025, SEALSQ Corp announced a $10 million investment in WISeSat.Space AG to accelerate the deployment of a secure, quantum-ready satellite constellation. This investment secures SEALSQ a 9% equity stake in WISeSat and supports the launch of WISeSat 3.0, which will enable quantum-secure communications and decentralized IoT transactions. The initiative aims to build the world’s first quantum-resilient satellite network, enhancing SEALSQ’s position in the global quantum communication market, projected to grow significantly in the coming years.