WISeKey International Holding AG (WKEY)

WKEY Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	30.92	23.81	17.65	14.78	22.65
Revenue Growth (YoY)	29.83%	34.95%	19.40%	-34.76%	-33.92%
Cost of Revenue	16.17	13.72	10.19	9.31	13.2
Gross Profit	14.74	10.09	7.45	5.47	9.46
Selling, General & Admin	23.81	18.74	23.18	18.03	23.72
Research & Development	4.4	3.86	5.62	6.01	6.42
Other Operating Expenses	-0.17	-2.07	-0.18	-0.04	-0.18
Operating Expenses	28.04	20.53	28.61	24	29.96
Operating Income	-13.3	-10.44	-21.16	-18.53	-20.5
Interest Expense / Income	0.62	0.17	1.06	0.46	0.74
Other Expense / Income	1.21	20.11	-1.89	9.66	-29.45
Pretax Income	-15.13	-30.71	-20.33	-28.65	8.2
Income Tax	0.23	-3.24	0.01	0.01	0.01
Net Income	-15.36	-27.48	-20.34	-28.66	8.19
Shares Outstanding (Basic)	5	3	2	1	1
Shares Change	62.71%	68.79%	22.50%	1.41%	-
EPS (Basic)	-0.26	-0.61	-0.71	-16.75	5.75
EPS (Diluted)	-0.26	-0.61	-0.71	-16.75	5.75
Free Cash Flow	-17.23	-17.45	-21.83	-12.6	-14.18
Free Cash Flow Per Share	-1.89	-3.12	-6.58	-4.66	-5.32
Dividend Per Share	2.800	-	-	-	-
Gross Margin	47.69%	42.39%	42.23%	36.98%	41.74%
Operating Margin	-43.02%	-43.82%	-119.91%	-125.39%	-90.52%
Profit Margin	-49.68%	-115.37%	-115.27%	-193.92%	36.14%
Free Cash Flow Margin	-55.72%	-73.26%	-123.69%	-85.27%	-62.62%
Effective Tax Rate	-	-	-	-	0.16%
EBITDA	-13.88	-29.94	-18.28	-26.6	10.3
EBITDA Margin	-44.90%	-125.74%	-103.57%	-179.99%	45.46%
Depreciation & Amortization	0.63	0.6	0.99	1.59	1.36
EBIT	-14.51	-30.55	-19.27	-28.19	8.94
EBIT Margin	-46.92%	-128.26%	-109.20%	-190.76%	39.48%

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).