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