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Sequans Communications S A
(NYSE:SQNS)
Sequans Communications S A (SQNS) vs. SPDR S&P 500 ETF (SPY)
Sequans Communications S A Business Overview & Revenue Model
Sequans Communications S A Earnings Call Summary
Sequans Communications S A Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.53M | 36.83M | 33.62M | 60.55M | 50.88M | 50.92M |
| Gross Profit | 19.63M | 27.74M | 24.14M | 42.88M | 27.19M | 23.45M |
| EBITDA | 97.10M | 148.14M | -15.91M | 15.66M | 1.47M | -29.94M |
| Net Income | -25.03M | 57.57M | -40.99M | -9.01M | -20.26M | -54.52M |
Balance Sheet | ||||||
| Total Assets | 431.77M | 106.53M | 109.17M | 98.75M | 89.56M | 87.16M |
| Cash, Cash Equivalents and Short-Term Investments | 13.43M | 62.09M | 5.71M | 10.67M | 4.83M | 7.57M |
| Total Debt | 164.14M | 16.36M | 80.69M | 66.50M | 70.79M | 80.48M |
| Total Liabilities | 206.05M | 51.17M | 115.24M | 96.65M | 113.87M | 123.96M |
| Stockholders Equity | 225.72M | 55.36M | -6.07M | 2.10M | -24.31M | -36.81M |
Cash Flow | ||||||
| Free Cash Flow | -57.02M | -39.26M | -36.83M | -24.50M | -37.42M | -33.16M |
| Operating Cash Flow | -49.93M | -19.51M | -7.26M | -1.84M | -8.51M | -19.39M |
| Investing Cash Flow | -380.93M | 93.69M | -24.44M | -26.05M | -19.67M | -24.76M |
| Financing Cash Flow | 270.57M | -70.79M | 31.74M | 28.71M | 25.43M | 37.62M |
Sequans Communications S A Technical Analysis
Sequans Communications S A Risk Analysis
Sequans Communications S A Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
51 Neutral | $163.78M | ― | -23.56% | ― | 7.53% | -15.00% | |
46 Neutral | $97.51M | ― | -8.46% | ― | -7.79% | 10.04% | |
45 Neutral | $38.77M | -1.11 | ― | ― | -38.72% | 16.01% | |
44 Neutral | $124.84M | -15.97 | -39.72% | ― | -28.05% | -488.63% | |
43 Neutral | $94.02M | ― | -18.19% | ― | 2.80% | ― | |
41 Neutral | $74.85M | -2.01 | ― | ― | -46.98% | -186.82% |
Sequans Communications S A Corporate Events
On November 4, 2025, Sequans Communications announced its preliminary financial results for the third quarter of 2025, revealing a significant decrease in revenue and gross margin compared to previous periods. The company reported a net loss of $6.7 million, attributed to a decrease in high-margin license revenue and an unrealized loss on Bitcoin investment. Despite these challenges, Sequans has reduced its debt by leveraging Bitcoin holdings and increased its IoT revenue design win pipeline to $300 million. The company remains optimistic about its long-term growth prospects, with plans to ramp up its IoT business and continue its Bitcoin treasury strategy.
On November 4, 2025, Sequans Communications S.A. announced the redemption of 50% of its convertible debt issued in July 2025, reducing its total outstanding debt from $189 million to $94.5 million. This strategic move was funded by selling 970 Bitcoin, lowering the company’s Bitcoin holdings to 2,264 BTC and reducing its debt-to-NAV ratio from 55% to 39%. This deleveraging is expected to enhance Sequans’ financial flexibility, boost its ADS buyback program, and allow the company to pursue future capital market initiatives, reinforcing its commitment to delivering long-term shareholder value.
On October 1, 2025, Sequans Communications S.A. announced an extension of the expiration date for its Common Warrants to December 31, 2025. This extension pertains to warrants initially issued in connection with private placements of equity and secured convertible debentures, originally exercisable for 90 days from July 7, 2025. The extension allows warrant holders more time to exercise their rights, potentially impacting the company’s financial strategy and offering stakeholders an extended opportunity to engage with the company’s equity offerings.
On September 30, 2025, Sequans Communications S.A. announced the launch of a program to repurchase up to 1.57 million American Depositary Shares (ADSs), representing approximately 10% of its outstanding ADSs, by June 30, 2026. This initiative is part of the company’s commitment to long-term value creation through its Bitcoin Treasury strategy, allowing Sequans to support its share price and enhance market net asset value (NAV). The buyback program provides flexibility for the company to repurchase ADSs based on market conditions and legal compliance, without obligating it to acquire a specific number of shares. This move is expected to strengthen Sequans’ ability to execute its long-term vision and deliver value to shareholders.
Sequans Communications S.A. recently reported voluntary disclosures of open-market purchases of its American Depositary Shares (ADS) by board members, reflecting confidence in the company’s strategic direction. Notably, on August 5, 2025, and August 25, 2025, board member Zvi Slonimsky purchased a total of 185,000 ADS, while on September 12, 2025, board members Jason Cohenour and Wes Cummins acquired 50,000 and 200,000 ADS, respectively. These actions underscore the board’s support for Sequans’ Bitcoin-focused treasury strategy and its cellular IoT semiconductor business, which is considered a key differentiator in the market.
On September 4, 2025, Sequans Communications announced a change in the ratio of its American Depositary Shares (ADSs) to ordinary shares, effective September 17, 2025. The new ratio of 1 ADS to 100 ordinary shares aims to enhance market appeal and ensure regulatory compliance. This change will result in a reverse split of the ADSs, increasing their trading price and making them more attractive to institutional investors. The adjustment follows a capital increase in July 2025 and is part of Sequans’ strategy to maintain NYSE listing requirements and support its Bitcoin treasury strategy.