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SEALSQ Corp LAES AI

Technology · Semiconductors · Switzerland
https://www.sealsq.com

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductors in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, quantum-resistant RISC-V secure chips, secure ARM platform, and smart card reader chips; custom chip design services; and other PKI services, including personal digital identity services. The company also provides semiconductors secure chips, SaaS, software and INeS certificate management platform, implementation, integration and other services, and ASIC design and production services. Additionally, it develops WISeRobot.ch, a platform human and artificial intelligence collaboration. It serves smart energy, smart home, automotive EV charging, consumer IoT, aerospace and military telecommunications, industry, logistics, medical, and luxury sectors. The company was founded in 2022 and is headquartered in Cointrin, Switzerland. SEALSQ Corp operates as a subsidiary of WISeKey International Holding AG.

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$3.48
+3.88% 1Y

Market & Price

Market Cap
$775.25M
Current Price
$3.48
High / Low (52W)
$7.65 / $2.09
Beta
-

Valuation

Stock P/E
-
Industry PE
32.74
Forward P/E
-
PEG Ratio
-
Book Value
$2.32
Price to Book
1.50
P/S
42.47
EV/EBITDA
-7.26
Dividend Yield
-

Profitability & Returns

ROCE
-7.14%
ROE
-12.71%
ROA
-8.27%
Profit Margin
-
Op Margin
-
EPS (Latest Qtr)
$-
EPS (TTM)
$-0.24

Balance Sheet & Liquidity

Debt/Equity
1.73
Quick Ratio
15.64
Current Ratio
15.92
Debt
$8.00M
Total Assets
$504.18M
Current Assets
$449.64M
Working Capital
$421.39M

Ownership

Promoter Holding
2.69%
Chg in Prom Hold
-
FII / Inst Holding
10.96%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$272.91M
Total Revenue (TTM)
$18.25M
EBITDA
$-37.58M
Free Cash Flow
$-10.69M
Operating Cash Flow
$-31.26M
Shares Outstanding
222.77M
Gross Margin
50.06%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-7.68%
Profit 5Y
-230.87%
Revenue (YoY)
118.20%
Earnings (YoY)
-

PROS

No notable strengths flagged.

CONS

  • Revenue declined at -7.7% CAGR over 5 years.
  • Earnings shrank at -230.9% CAGR over 5 years.
  • Trading 54.5% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 LAES SEALSQ Corp AI 3.48 - $775.25M - -7.14% -12.71% -7.68% -230.87%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
Ad space

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 23.20M30.06M10.98M18.25M
Cost of Revenue 13.40M16.01M7.25M9.62M
Gross Profit 9.80M14.05M3.73M8.63M
Operating Expenses 7.22M18.19M20.92M48.43M
Operating Income 2.58M-4.14M-17.19M-39.80M
EBITDA 3.54M-1.49M-15.93M-33.79M
Interest Expense 605.00K987.00K1.56M223.00K
Pretax Income 2.52M-3.04M-18.12M-34.21M
Tax Provision -3.25M225.00K3.08M-162.00K
Net Income 5.77M-3.27M-21.20M-34.19M
Diluted EPS 0.38-0.21-0.60-0.24

Compounded Sales Growth

5 Years:-7.68%
1 Year:118.20%

Compounded Profit Growth

5 Years:-230.87%
1 Year:-

Stock Price Performance

1 Year:+3.88%
6 Months:-18.88%
3 Months:-11.45%
1 Month:+31.82%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -21.66M27.93M97.57M504.18M
Current Assets -16.12M20.27M93.06M449.64M
Cash & Equivalents -4.06M6.89M84.62M417.66M
Inventory -7.51M5.23M1.42M2.01M
Receivables -2.22M5.05M3.60M12.38M
Total Liabilities -21.45M22.90M21.08M42.67M
Current Liabilities -10.63M8.72M16.89M28.25M
Long Term Debt -9.44M12.87M3.10M989.00K
Total Debt -14.12M15.38M8.88M8.00M
Total Equity -212.00K5.03M76.49M461.51M
Shares Outstanding -9.00M16.95M101.54M193.02M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -446.00K-2.75M-10.12M-31.26M
Investing Cash Flow --299.00K-3.02M-571.00K-35.31M
Financing Cash Flow -1.75M8.62M88.40M399.52M
Capital Expenditure --299.00K-3.02M-571.00K-1.24M
Free Cash Flow -147.00K-5.77M-10.70M-32.50M
Net Change in Cash -1.90M2.86M77.70M332.95M

Ratios (Annual)

Figures in %.

Metric Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 42.2%46.7%33.9%47.3%
Operating Margin % 11.1%-13.8%-156.6%-218.1%
Net Margin % 24.9%-10.9%-193.1%-187.3%
ROE % 2,721.7%-65.0%-27.7%-7.4%
ROCE % 23.4%-21.5%-21.3%-8.4%

Shareholding Pattern

Insiders
2.69%
Institutions
10.96%
Public Float
11.26%

Top Institutional Holders

#Holder% HeldSharesValue
1 Anson Funds Management LP 6.50% 12.46M $43.35M
2 Heights Capital Management, Inc 1.64% 3.14M $10.91M
3 Susquehanna International Group, LLP 0.69% 1.32M $4.60M
4 Kessler Investment Group, LLC 0.52% 993.78K $3.46M
5 UBS Group AG 0.49% 933.39K $3.25M
6 HRT Financial LP 0.37% 711.57K $2.48M
7 Millennium Management Llc 0.16% 313.67K $1.09M
8 SBI Securities Co., Ltd. 0.13% 253.31K $881.54K
9 Peak6 LLC 0.10% 186.54K $649.17K
10 Dz Bank Ag Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main 0.09% 168.96K $587.98K

Analyst View

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