LAESSEALSQ Corp
$2.26-48% 1Y
$2.26
$2.0952 weeks$7.65
Is the business good?
How good a business is LAES?
SEALSQ Corp earns −87% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
−87%
Return on invested capital · cost of capital 9.0% · 96 points below what the capital costs: growth destroys value
- Operating margin
- −218%
Operating margin · Semiconductors median 7.5% · fiscal year to FY2025
- R&D as % of revenue
- 68%
R&D as % of revenue
- Gross margin
- 47%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −60% |
| FY2021 | −30% |
| FY2022 | 11% |
| FY2023 | −14% |
| FY2024 | −157% |
| FY2025 | −218% |
Details›
- Gross marginfiscal year to FY2025
- 47%
- Operating marginfiscal year to FY2025
- −218%
- Net marginfiscal year to FY2025
- −187%
- Free cash flow margin
- −175%
- R&D as % of revenue
- 68%
- Revenue, trailing twelve months
- $18M
- Free cash flow, trailing twelve months
- −$32M
- Net income, trailing twelve months
- −$34M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −87%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.