
Sequans Communications S.A. Income Statement 2024-2011 | SQNS
Brief overview of profit and loss at Sequans Communications S.A.
The overview follows changes across a five-year period. Sequans Communications S.A. reported revenue of $32.5 million in 2015 and $50.9 million by 2020. Overall revenue changed by +56.5%, equal to an annualized rate of about 9.4%. Revenue advanced gradually over the five-year period.
Gross profit changed from 13.1 million dollars to 23.4 million dollars (+79.3%). The cost base moved more slowly than the top line, which supported margins. Gross margin moved from 40.2% to 46.1%. The expansion indicates stronger pricing power or better control of direct costs.
Over the period, EBITDA shifted from −$18.4 million to −$24.7 million, a change of −34.7%. EBITDA underperformed the top-line trend. The EBITDA share of revenue changed from −56.4% to −48.6%. The company improved its ability to convert sales into EBITDA.
Comparing the endpoints shows a move from −27.4 million dollars to −54.5 million dollars. Larger losses indicate rising pressure on the business.
The five-year change in capitalization reached +52.7%: from 111 million dollars to 170 million dollars. The share-price trend was broadly consistent with improving results.
Conclusion
The financial profile remains mixed, with strengths and risks moving in different directions. Key strengths include revenue expansion, higher operating efficiency and improving gross profitability. Caution is warranted because of declining net profitability and a narrow EBITDA buffer. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement Sequans Communications S.A.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
487 M | 153 M | 509 M | 695 M | 170 M | 71.3 M | 73.1 M | 148 M | 162 M | 111 M | 65.6 M | 118 M | 79.1 M | 119 M |
Shares |
248 M | 225 M | 185 M | 147 M | 28.1 M | 23.8 M | 23.4 M | 19.4 M | 16 M | 14.8 M | 14.8 M | 11.4 M | 8.67 M | 8.15 M |
Historical Prices |
1.96 | 0.68 | 2.76 | 4.74 | 6.04 | 3 | 3.12 | 7.64 | 7.48 | 8.4 | 4.76 | 8 | 9.36 | 11.1 |
Net Income |
57.6 M | -41 M | -9.01 M | -20.3 M | -54.5 M | -36.7 M | -36.2 M | -26.2 M | -24.8 M | -27.4 M | -34.1 M | -35.6 M | -33 M | -429 K |
Revenue |
- | - | - | - | 50.9 M | 30.9 M | 40.2 M | 48.3 M | 45.6 M | 32.5 M | 22.6 M | 13.7 M | 22.3 M | 93.7 M |
Cost of Revenue |
9.09 M | 9.48 M | 17.7 M | 23.7 M | 27.5 M | 18.5 M | 24.4 M | 27.1 M | 25.6 M | 19.5 M | - | - | - | - |
Gross Profit |
27.7 M | 24.1 M | 42.9 M | 27.2 M | 23.4 M | 12.4 M | 15.9 M | 21.1 M | 20 M | 13.1 M | 6.82 M | 4.89 M | 10.3 M | 47.3 M |
Operating Income |
69.5 M | -29.8 M | -3.84 M | -18.3 M | -24.7 M | -28 M | -31.5 M | -19.5 M | -19.7 M | -23.6 M | - | - | - | - |
Interest Expense |
23.7 M | 11.4 M | 10.9 M | 11.3 M | 14.5 M | 9.64 M | 5.45 M | 4.67 M | 3.73 M | 1.54 M | - | - | - | - |
EBITDA |
69.5 M | -29.8 M | -3.84 M | -18.3 M | -24.7 M | -28 M | -31.5 M | -19.5 M | -14.4 M | -18.4 M | -28.8 M | -29.1 M | -26.6 M | 6.98 M |
Operating Expenses |
- | 54 M | 46.7 M | 45.5 M | 48.2 M | 40.4 M | 47.4 M | 40.7 M | 39.7 M | 36.7 M | 40.9 M | 40.3 M | 43.1 M | 46.2 M |
General and Administrative Expenses |
14.4 M | 16 M | 10.1 M | 10 M | 9.37 M | 8.57 M | 10.1 M | 6.68 M | 6.27 M | 5.43 M | 6.97 M | 7.53 M | 8.1 M | 8.33 M |
All numbers in USD currency
Quarterly Income Statement Sequans Communications S.A.
| 2024-Q4 | 2023-Q4 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
248 M | 225 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
57.6 M | -41 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
9.09 M | 9.48 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
27.7 M | 24.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
69.5 M | -29.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
23.7 M | 11.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
69.5 M | -29.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
- | 54 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
14.4 M | 16 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Sequans Communications S.A. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.