Sequans Communications S.A. (SQNS)

Sequans Communications Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	27.74	33.62	60.55	50.88	50.92	30.86
Revenue Growth (YoY)	-52.62%	-44.48%	19.01%	-0.07%	64.97%	-23.32%
Cost of Revenue	9.09	9.48	17.67	23.69	27.47	18.49
Gross Profit	18.65	24.14	42.88	27.19	23.45	12.38
Selling, General & Admin	27.93	27.85	20.11	19.09	17.31	16.5
Research & Development	25.27	26.12	26.61	26.41	30.88	23.89
Operating Expenses	53.2	53.98	46.72	45.51	48.19	40.38
Operating Income	-34.55	-29.84	-3.84	-18.32	-24.74	-28
Interest Expense / Income	12.09	11.41	10.93	11.33	14.5	9.64
Other Expense / Income	-1.02	-2.93	-8.5	-10.01	14.34	-0.12
Pretax Income	-45.62	-38.32	-6.26	-19.64	-53.58	-37.52
Income Tax	2.18	2.67	2.75	0.63	0.94	-0.78
Net Income	-47.79	-40.99	-9.01	-20.26	-54.52	-36.74
Shares Outstanding (Basic)	246	225	185	147	112	95
Shares Outstanding (Diluted)	-	225	185	147	112	95
Shares Change	27.32%	21.99%	25.83%	30.47%	18.34%	1.32%
EPS (Basic)	-	-0.72	-0.20	-0.56	-1.92	-1.56
EPS (Diluted)	-	-0.72	-0.20	-0.56	-1.92	-1.56
Free Cash Flow	-47.69	-36.83	-24.5	-37.42	-33.16	-4.06
Free Cash Flow Per Share	-0.78	-0.65	-0.53	-1.02	-1.18	-0.17
Gross Margin	67.23%	71.81%	70.82%	53.44%	46.06%	40.11%
Operating Margin	-124.51%	-88.76%	-6.34%	-36.01%	-48.59%	-90.73%
Profit Margin	-172.27%	-121.94%	-14.88%	-39.83%	-107.07%	-119.04%
Free Cash Flow Margin	-171.88%	-109.57%	-40.47%	-73.55%	-65.13%	-13.15%
EBITDA	-23.02	-14.97	16.68	2.24	-29.31	-19.48
EBITDA Margin	-82.99%	-44.52%	27.55%	4.41%	-57.57%	-63.11%
Depreciation & Amortization	10.5	11.94	12.02	10.55	9.77	8.41
EBIT	-33.53	-26.91	4.67	-8.31	-39.08	-27.88
EBIT Margin	-120.85%	-80.04%	7.70%	-16.33%	-76.75%	-90.34%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).