SEALSQ Full Year 2024 Earnings: US$0.60 loss per share (vs US$0.21 loss in FY 2023)

SEALSQ (NASDAQ:LAES) Full Year 2024 Results

Key Financial Results

• Revenue: US$11.0m (down 64% from FY 2023).
• Net loss: US$21.2m (loss widened by US$17.9m from FY 2023).
• US$0.60 loss per share (further deteriorated from US$0.21 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

SEALSQ Earnings Insights

The primary driver behind last 12 months revenue was the North America segment contributing a total revenue of US$7.50m (68% of total revenue). Notably, cost of sales worth US$6.78m amounted to 62% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$10.8m (43% of total expenses). Explore how LAES's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 54% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are down 21% from a week ago.

Risk Analysis

You still need to take note of risks, for example - SEALSQ has 3 warning signs we think you should be aware of.

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