WISeKey International Holding AG (WKEY)

Income Statement (Annual)

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

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018	2017
Revenue	22.26	14.78	22.65	34.28	33.67
Revenue Growth (YoY)	50.61%	-34.76%	-33.92%	1.80%	-
Cost of Revenue	13.17	9.31	13.2	18.32	17.87
Gross Profit	9.09	5.47	9.46	15.96	15.8
Selling, General & Admin	28.95	18.03	23.72	20	19.86
Research & Development	7.01	6.01	6.42	5.31	5.34
Other Operating Expenses	-0.18	-0.04	-0.18	-0.29	-1.53
Operating Expenses	35.78	24	29.96	25.02	23.67
Operating Income	-26.69	-18.53	-20.5	-9.06	-7.87
Interest Expense / Income	1.06	0.46	0.74	0.15	0.54
Other Expense / Income	-7.31	9.66	-29.45	7.02	15.78
Pretax Income	-20.43	-28.65	8.2	-16.23	-24.2
Income Tax	-0.09	0.01	0.01	0.05	0.07
Net Income	-20.34	-28.66	8.19	-16.28	-24.27
Net Income Common	-20.34	-28.66	8.19	-16.28	-24.27
Shares Outstanding (Basic)	83	68	67	67	-
EPS (Basic)	-2.80	-6.70	2.30	-4.80	-8.20
EPS (Diluted)	-2.80	-6.70	2.30	-4.80	-8.20
Free Cash Flow Per Share	-2.63	-1.86	-2.13	-1.46	-
Gross Margin	40.83%	36.98%	41.74%	46.56%	46.93%
Operating Margin	-119.90%	-125.39%	-90.52%	-26.43%	-23.37%
Profit Margin	-91.38%	-193.92%	36.14%	-47.48%	-72.06%
Free Cash Flow Margin	-98.06%	-85.27%	-62.62%	-28.40%	-16.63%
Effective Tax Rate	0.46%	-0.03%	0.16%	-0.33%	-0.29%
EBITDA	-18.38	-26.6	10.3	-12.59	-18.63
EBITDA Margin	-82.59%	-179.98%	45.46%	-36.73%	-55.33%
Depreciation & Amortization	0.99	1.59	1.36	3.48	5.02
EBIT	-19.38	-28.19	8.94	-16.08	-23.65
EBIT Margin	-87.05%	-190.76%	39.48%	-46.89%	-70.24%

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).