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LA

SEALSQ Corp

LAESTechnologyNASDAQ

Semiconductors

PriceMA150MA200
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Indicator snapshot
MA150-5.88%
$3.95

Price below medium-term moving average.

MA200-5.37%
$3.93

Below long-term trend line.

RSI-14neutral
65.8

Balanced. Not overbought, not oversold.

MACDpositive
+0.0808

Histogram positive — upward momentum.

Financials · Annual
Revenue
$18.3M
+66.2% YoY
Net Income
-$34.2M
-61.3% YoY
EBITDA
-$33.8M
-112.1% YoY
Free Cash Flow
-$10.7M

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About SEALSQ Corp

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. At a $828.7M market cap, SEALSQ Corp ranks as a small-cap company within technology. 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.

Key stats
Market Cap$828.7M
Fwd P/E-24.80
EPS$-0.24
Beta-8.37
52W Change+11.0%
ROE-12.7%
Analysis

With $427.7M in cash and $8.0M in debt, LAES maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company is burning cash, with free cash flow at -$10.7M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -12.7% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has been relatively flat, moving from $17.0M (2021) to $18.3M (2025).

With a beta below 0.7, SEALSQ Corp typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. With cash comfortably exceeding debt, LAES has financial flexibility that may help navigate uncertain periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing LAES's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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