Full text
Earnings transcript
Read the complete earnings call transcript.
LAES
LAES
SEALSQ Corp
$1.79
-0.14
(-7.25%)
| Exchange: | NASDAQ |
| Market Cap: | 255.243M |
| Shares Outstanding: | 15.13M |
Delayed data
About The Company
| Sector: | TechnologyView sector performance | |||||
| Industry: | SemiconductorsView industry performance | |||||
| CEO: | Carlos Creus Moreira | |||||
| Full Time Employees: | 185 | |||||
| Address: |
| |||||
| Website: | https://www.sealsq.com |
SEALSQ Corp, a subsidiary of WISeKey International Holding AG, was founded in 2022 and operates out of Cointrin, Switzerland. The company specializes in the creation and distribution of semiconductor components, serving both governmental and commercial entities. Its offerings encompass a range of semiconductors and smart card reader chips, alongside services for identity management and managed Public Key Infrastructure (PKI) solutions tailored for Internet of Things (IoT) applications. SEALSQ Corp’s clientele spans diverse industries, including consumer electronics, aerospace and defense, satellite communications, smart energy and building management, industrial automation, logistics, medical technology, and the broader consumer market.
Click to read more…
Revenue Segmentation
LAES full analysis
Hey everyone, welcome back to MarketSnap. SEALSQ has one of the most compelling narratives in the entire semiconductor space right now — post-quantum cryptography, sovereign quantum highways, space-based satellites, and a balance sheet stuffed with nearly half a billion dollars in cash. That's exactly what makes it dangerous. We're skipping the pitch deck and running the actual numbers — revenue trajectory, cash burn, the balance sheet, and a full SWOT — to see whether the story matches the spreadsheet. Before…
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 33,447.884 | 12,468.950 | 18,252 |
| Gross Profit | 15,633.419 | 4,233.152 | 8,630 |
| EBITDA | -1,829.183 | -17,778.559 | -33,794 |
| Operating Income | -2,223.330 | -19,928.064 | -39,804 |
| Net Income | -3,636.558 | -24,073.783 | -34,194 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 27,935 | 97,566 | 504,179 |
| Total Liabilities | 22,904 | 19,702 | 42,671 |
| Total Stockholders Equity | 5,031 | 77,864 | 461,508 |
| Total Debt | 15,375 | 8,876 | 7,998 |
| Cash and Cash Equivalents | 6,895 | 84,624 | 417,657 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | -3,040 | -11,205 | -31,257 |
| Capital Expenditure | -3,021 | -571 | -1,243 |
| Free Cash Flow | -6,061 | -11,776 | -32,500 |
| Net Income | -3,636.558 | -21,201 | -34,194 |
| Net Change in Cash | 2,838 | 77,729 | 333,033 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 49,503.125 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 52,696.875 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 51,100 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | Research Access | Research Access | Research Access | Research Access | |
| Estimated Ebitda (High) | Research Access | Research Access | Research Access | Research Access | |
| Estimated Ebitda (Avg) | Research Access | Research Access | Research Access | Research Access | |
| Estimated Net Income (Low) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 47,164.917 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 50,207.815 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 48,686.366 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 0 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 1 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 0 | Research Access | Research Access | Research Access | Research Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Intellectual Property and Asset Base: The company maintains a portfolio of patents and proprietary technology in the semiconductor space, providing a foundation for potential licensing revenue and strategic partnerships.
- Low Debt Profile: The debt-to-equity ratio remains manageable, with no significant near-term solvency risk indicated by the balance sheet data.
- Cash Position: Cash and cash equivalents on the balance sheet provide a liquidity buffer to fund operations and R&D in the near term.
Log in with Research Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates LAES intrinsic value between $1.87 – $1.87 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about LAES valuation
Is SEALSQ Corp (LAES) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for SEALSQ Corp (LAES) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is LAES a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether LAES trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is LAES’s P/E ratio?
You can see LAES’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for LAES?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is LAES a good long-term investment?
Whether LAES fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
LAES
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-7.25
Trading Metrics:
| Open: | 1.91 | Previous Close: | 1.93 | |
| Day Low: | 1.76 | Day High: | 1.91 | |
| Year Low: | 1.76 | Year High: | 7.66 | |
| Price Avg 50: | 2.4 | Price Avg 200: | 3.08 | |
| Volume: | 3.808M | Average Volume: | 13.68M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's free
