Sequans Communications S.A. (SQNS)

Sequans Communications Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	38.86	36.83	33.62	60.55	50.88	50.92
Revenue	38.86	36.83	33.62	60.55	50.88	50.92
Revenue Growth (YoY)	40.06%	9.56%	-44.48%	19.01%	-0.07%	64.97%
Cost of Revenue	9.78	9.09	9.48	17.67	23.69	27.47
Gross Profit	29.08	27.74	24.14	42.88	27.19	23.45
Selling, General & Admin	25.19	26.18	27.85	20.11	19.09	17.31
Research & Development	29.14	28.53	26.12	26.61	27.61	30.88
Operating Expenses	54.33	54.7	53.98	46.72	46.71	48.19
Operating Income	-25.25	-26.96	-29.84	-3.84	-19.52	-24.74
Interest Expense	-20.41	-23.73	-11.41	-10.93	-11.33	-14.5
Interest & Investment Income	1.22	0.85	0.18	0.07	0.05	0.03
Currency Exchange Gain (Loss)	-0.29	0.49	-0.69	1.08	0.94	-2.64
Other Non Operating Income (Expenses)	0.04	0	3.2	6.88	3.85	-13.13
EBT Excluding Unusual Items	-44.69	-49.34	-38.56	-6.74	-26.02	-54.98
Gain (Loss) on Sale of Assets	153.13	153.13	-	-	-	-
Asset Writedown	-56.63	-56.63	-	-	-	-
Other Unusual Items	13.95	13.95	0.25	0.48	6.38	1.4
Pretax Income	65.75	61.1	-38.32	-6.26	-19.64	-53.58
Income Tax Expense	3.65	3.54	2.67	2.75	0.63	0.94
Net Income	62.1	57.57	-40.99	-9.01	-20.26	-54.52
Net Income to Common	62.1	57.57	-40.99	-9.01	-20.26	-54.52
Shares Outstanding (Basic)	25	25	23	18	15	11
Shares Outstanding (Diluted)	28	28	23	18	15	11
Shares Change (YoY)	24.36%	26.13%	21.99%	25.83%	30.47%	18.34%
EPS (Basic)	2.50	2.32	-1.82	-0.49	-1.38	-4.85
EPS (Diluted)	2.16	2.00	-1.82	-0.50	-1.40	-4.85
Free Cash Flow	-27.85	-22.83	-12.72	-9.01	-18.05	-25.96
Free Cash Flow Per Share	-0.98	-0.80	-0.56	-0.49	-1.23	-2.31
Gross Margin	74.83%	75.31%	71.81%	70.82%	53.44%	46.06%
Operating Margin	-64.99%	-73.21%	-88.76%	-6.34%	-38.36%	-48.59%
Profit Margin	159.82%	156.30%	-121.94%	-14.88%	-39.83%	-107.07%
Free Cash Flow Margin	-71.66%	-61.98%	-37.83%	-14.88%	-35.47%	-50.98%
EBITDA	-21.67	-22.71	-21.76	4.37	-12.83	-17.99
EBITDA Margin	-55.75%	-61.65%	-64.73%	7.21%	-25.22%	-35.32%
D&A For EBITDA	3.59	4.26	8.08	8.21	6.69	6.76
EBIT	-25.25	-26.96	-29.84	-3.84	-19.52	-24.74
EBIT Margin	-64.99%	-73.21%	-88.76%	-6.34%	-38.36%	-48.59%
Effective Tax Rate	5.55%	5.79%	-	-	-	-
Revenue as Reported	38.86	36.83	33.62	60.55	50.88	50.92

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q