Sequans

Sequans

World’s premier provider of connectivity solutions for cellular IoT, and the only provider focused entirely on IoT.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues0000000000000000000000000000
% growth65 %-19 %(44 %)10 %(7 %)83 %
EBITDA0000000000000000000000000000
% EBITDA margin(1 %)(35 %)-(56 %)101 %--
Profit0000000000000000000000000000
% profit margin(107 %)(40 %)(15 %)(122 %)156 %--
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue61 %52 %44 %78 %77 %--

Source: Company filings or news article, Equity research estimates

More about Sequans
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Sequans Communications S.A. (NYSE: SQNS) is a fabless designer, developer, and supplier of cellular semiconductor solutions tailored for the Internet of Things (IoT) market. The company specializes in providing advanced solutions for massive, broadband, and critical IoT applications. Massive IoT involves applications with lower data transmission needs but requires highly optimized power consumption and cost efficiency to enable large-scale deployment. Examples include smart mobility, logistics, smart cities, e-health, wellness, and smart homes.

Sequans' product portfolio includes integrated circuits (ICs) such as baseband processors and radio frequency (RF) transceivers, as well as machine-to-machine (M2M) modules that incorporate these chips along with the radio front-end subsystem. The company also offers rich software that includes advanced modem and signal processing code, protocol stack, and higher layer applications.

The company's flagship products, Monarch and Calliope, are known for their low power consumption and advanced iSIM security. Monarch solutions for NB-IoT and LTE-M are particularly noted for their ultra-low power consumption, enabling extended battery life for IoT devices. Sequans operates in the global IoT market, serving a diverse range of clients from various sectors including smart cities, healthcare, logistics, and consumer electronics.

Sequans generates revenue through the sale of its semiconductor solutions and M2M modules, as well as through licensing its technology. The company aims to meet the IoT requirements of power, cost, and size for massive IoT, and throughput, cost, and latency for broadband and critical IoT.

Keywords: cellular IoT, semiconductor, low power, iSIM security, NB-IoT, LTE-M, smart cities, M2M modules, integrated circuits, fabless designer.

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Investments by Sequans

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ACP AG
ACQUISITION by Sequans Jan 2025