Saturday 17 October 2026
Export LAES’s income statement to Excel — free account
SEALSQ Corp.
LAES Technology Semiconductors
SEALSQ Corp.’s revenue for fiscal 2025 (year ended December 2025) was $18.3 million, up 66.2% from fiscal 2024.
1.79
0.14
−7.25%
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| Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|
Piotroski F-Score |
— | — | 4 | 3 | 5 |
Altman Z-Score |
— | — | 0.36 | 4.99 | 7.82 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
(9.54) | (0.15) | (0.47) | 6.35 | 15.82 |
Beneish M-Score |
— | (1.02) | (1.62) | (2.90) | 1.97 |
P/Operating CF |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
P/B ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
0.00 | 0.00 | (0.74) | 3.72 | 7.13 |
EV/FCF |
0.00 | 0.00 | (0.49) | 2.96 | 6.95 |
Quick Ratio |
0.60 | 0.59 | 1.37 | 5.24 | 15.60 |
Current Ratio |
1.06 | 1.52 | 2.33 | 5.51 | 15.92 |
Net Debt/EBITDA |
(3.87) | 2.93 | (2.03) | 4.63 | 10.77 |
Debt/Assets |
131.86% | 59.14% | 50.64% | 8.13% | 0.21% |
Debt/Equity |
(1.15) | 60.42 | 2.81 | 0.10 | 0.00 |
Asset Turnover |
0.00 | 1.38 | 1.21 | 0.18 | 0.06 |
Operating CF/Net income |
0.74 | 0.08 | 0.93 | 0.48 | 0.91 |
Capex/Depreciation |
(0.02) | (0.73) | (5.30) | (0.91) | (3.89) |
| 0.00% | (86.44%) | (124.66%) | (52.01%) | (12.71%) | |
| 0.00% | 34.44% | (13.18%) | (33.79%) | (11.36%) | |
ROIC |
0.00% | 18.01% | (21.07%) | 0.00% | (71.31%) |
Return on Tangible Assets |
(351.05%) | 91.91% | (22.11%) | (26.71%) | (8.04%) |
Average Days of Receivables |
55.97 | 34.91 | 61.36 | 127.14 | 258.85 |
Research and Development Expense of Revenue |
17.95% | 9.95% | 13.13% | 45.40% | 68.36% |
Selling, General and Administrative Expense of Revenue |
54.30% | 29.81% | 47.55% | 148.37% | 211.26% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.51% | 5.36% | 61.70% |
Graham Net Nets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow Yield |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Revenue per Share |
13.09 | 2.86 | 3.23 | 0.38 | 0.13 |
Operating CF per Share |
(2.77) | 0.06 | (0.33) | (0.35) | (0.23) |
Capex per Share |
(0.03) | (0.04) | (0.32) | (0.02) | (0.01) |
Free Cash Flow per Share |
(2.79) | 0.02 | (0.65) | (0.37) | (0.23) |
Cash per Share |
1.59 | 0.50 | 0.74 | 2.89 | 3.13 |
Shareholders Equity per Share |
(10.45) | 0.03 | 0.54 | 2.62 | 3.38 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
(10.45) | 0.03 | 0.54 | 2.62 | 3.38 |
Free Cash Flow |
(3.63) | 0.15 | (6.06) | (10.69) | (32.00) |
Working Capital |
0.49 | 5.50 | 11.55 | 76.17 | 421.39 |
Capital Expenditures |
(0.04) | (0.30) | (3.02) | (0.57) | (0.74) |
Net Current Asset Value |
(17.16) | (5.32) | (2.64) | 71.98 | 406.97 |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.00 | 0.01 | 0.10 | 0.05 | 0.04 |
| Other line items | |||||
Depreciation/Fixed assets |
1.73 | 0.52 | 0.18 | 0.20 | 0.05 |
Cash ROIC |
(88.08%) | 0.86% | (23.25%) | (6.33%) | (3.59%) |
Accounts Receivable Turnover |
0.00 | 9.62 | 8.27 | 2.47 | 2.18 |
Accounts Payable Turnover |
0.00 | 1.92 | 2.34 | 0.85 | 0.72 |
Inventory Turnover |
0.00 | 2.62 | 2.51 | 2.18 | 5.61 |
Average Days of Payables |
268.93 | 183.47 | 158.75 | 506.91 | 637.97 |
Days of Inventory on Hand |
100.44 | 204.58 | 119.27 | 71.36 | 76.32 |
Average Receivables |
— | 2.41 | 3.64 | 4.44 | 8.38 |
Average Payables |
— | 7.00 | 6.85 | 8.52 | 13.45 |
Average Inventory |
— | 5.11 | 6.37 | 3.32 | 1.72 |
Average Assets |
— | 16.75 | 24.80 | 62.75 | 300.87 |
Average Common Equity |
— | (6.68) | 2.62 | 40.76 | 269.00 |
Columns are period end dates