Switzerland · Delayed Price · Currency is CHF WISeKey International Holding AG Earnings Call Transcripts
Fiscal Year 2025
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Revenue grew 62% year-over-year to CHF 19.3 million in 2025, driven by SEALSQ and initial post-quantum product sales. Cash reserves exceeded CHF 535 million, supporting aggressive R&D and infrastructure expansion. 2026 guidance targets 50%-100% revenue growth, with major milestones in quantum secure chips and satellite business.
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Revenue for H1 2025 rose slightly to $5.3M, with a net loss of $22.3M due to one-off charges and increased R&D. Strategic focus on quantum convergence and new partnerships is driving a $170M pipeline and strong growth outlook, with full-year revenue expected at $18–21M.
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The conference highlighted the urgent shift to post-quantum security, with quantum computing expected to disrupt encryption within three to five years. The company is embedding post-quantum tech at the chip level, expanding into satellites and tokenization, and aligning with global standards.
Fiscal Year 2024
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2024 was a transitional year with revenue down to CHF 11.9 million, but a strong cash position and major technology milestones set the stage for growth. The company is targeting commercial launch of post-quantum chips in Q4 2025 and expects significant revenue from a robust pipeline in 2026–2028.
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Revenue and margins declined in H1 2024 due to a semiconductor slowdown, but strong cash reserves and new funding support investments in post-quantum chips, satellite, and blockchain ventures. Growth is expected to resume in 2025 as new products and platforms launch.