SEALSQ Corp (LAES)

SEALSQ Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-13.15	-3.27	5.77	-4.83	-9.2
Depreciation & Amortization	0.6	0.57	0.41	1.54	2.85
Asset Writedown & Restructuring Costs	-2.24	-2.24	-	-	-
Other Operating Activities	3.35	1.77	-1.46	0.64	-
Change in Accounts Receivable	1.91	-2.83	0.39	-0.4	1.54
Change in Inventory	6.51	2.32	-5.35	-0.7	0.31
Change in Accounts Payable	-2.11	0.04	-0.52	0.52	-0.46
Change in Unearned Revenue	0	-	-	-0.15	0.14
Change in Income Taxes	-0.05	-0.05	0.04	0	-0.01
Change in Other Net Operating Assets	-0.73	1.67	1.02	-0.45	0.47
Operating Cash Flow	-6.93	-3.04	0.45	-3.36	-3.02
Capital Expenditures	-1.43	-3.02	-0.3	-0.04	-0.05
Cash Acquisitions	-	-	-	-	0.22
Investing Cash Flow	-1.43	-3.02	-0.3	-0.04	0.16
Long-Term Debt Issued	-	9.6	1.75	3.46	4.01
Long-Term Debt Repaid	-	-	-	-	-1.21
Net Debt Issued (Repaid)	27.33	9.6	1.75	3.46	2.81
Other Financing Activities	-1.9	-0.68	-	-	-
Financing Cash Flow	25.44	8.92	1.75	3.46	2.81
Foreign Exchange Rate Adjustments	-0.08	-0.02	0.1	0.17	0.04
Net Cash Flow	17	2.84	1.99	0.23	-0.02
Free Cash Flow	-8.36	-6.06	0.15	-3.4	-3.08
Free Cash Flow Margin	-41.54%	-20.16%	0.63%	-20.01%	-21.48%
Free Cash Flow Per Share	-0.38	-0.40	0.01	-0.24	-2.37
Cash Income Tax Paid	-	-	0	-	0.02
Levered Free Cash Flow	-4.46	-6.31	-6.24	-	-
Unlevered Free Cash Flow	-3.39	-5.69	-5.86	-	-
Change in Net Working Capital	-4.9	1.13	6.39	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.