Sequans Communications S A Financials
This page shows Sequans Communications S A (SQNS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Sequans Communications S A passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Sequans Communications S A generates $-0.34 in operating cash flow (-$19.5M OCF vs $57.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Sequans Communications S A reported $57.6M in net income in fiscal year 2024. This represents an increase of 240.4% from the prior year.
Cash & Balance Sheet
Sequans Communications S A held $9.1M in cash against $333K in long-term debt as of fiscal year 2024.
Sequans Communications S A had 251M shares outstanding in fiscal year 2024. This represents an increase of 2.1% from the prior year.
Margins & Returns
Sequans Communications S A's ROE was 104.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Capital Allocation
SQNS Income Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q2'21 | Q4'20 | Q3'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SQNS Balance Sheet
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q2'21 | Q4'20 | Q3'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $106.5M-2.4% | $109.2M+10.5% | $98.8M+10.3% | $89.6M-13.2% | $103.2M+18.4% | $87.2M-2.3% | $89.2M+40.9% | $63.3M |
| Current Assets | $93.0M+152.0% | $36.9M-8.8% | $40.4M-1.1% | $40.9M-31.6% | $59.8M+15.7% | $51.7M-6.2% | $55.1M+48.8% | $37.0M |
| Cash & Equivalents | $9.1M+59.4% | $5.7M+0.6% | $5.7M+17.3% | $4.8M+27.8% | $3.8M-50.1% | $7.6M-27.1% | $10.4M-26.3% | $14.1M |
| Inventory | $2.9M-54.6% | $6.3M-32.5% | $9.4M+45.9% | $6.4M+23.6% | $5.2M-16.4% | $6.2M+7.3% | $5.8M-13.0% | $6.7M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $51.2M-55.6% | $115.2M+19.2% | $96.7M-15.1% | $113.9M-7.5% | $123.2M-0.6% | $124.0M-8.4% | $135.3M+46.2% | $92.5M |
| Current Liabilities | $42.2M-60.9% | $107.9M+192.8% | $36.8M-24.4% | $48.7M-11.4% | $55.0M-12.0% | $62.5M+11.8% | $55.9M+47.0% | $38.1M |
| Long-Term Debt | $333K-79.8% | $1.6M-27.8% | $2.3M-32.5% | $3.4M-12.4% | $3.9M-19.1% | $4.8M+19.7% | $4.0M+24.2% | $3.2M |
| Total Equity | $55.4M+1011.9% | -$6.1M-388.5% | $2.1M+108.7% | -$24.3M-21.7% | -$20.0M+45.7% | -$36.8M+20.1% | -$46.1M-57.7% | -$29.2M |
| Retained Earnings | -$35.8M+61.7% | -$93.4M-43.4% | -$65.1M+83.0% | -$383.6M-2.0% | -$375.9M-3.5% | -$363.3M-3.2% | -$351.9M-14.0% | -$308.8M |
SQNS Cash Flow Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q2'21 | Q4'20 | Q3'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | -$1.5M+83.5% | -$8.8M-153.4% | $16.4M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | $28K+102.8% | -$990K+63.5% | -$2.7M |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | -$1.4M-154.4% | $2.6M+143.6% | -$5.9M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SQNS Financial Ratios
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q2'21 | Q4'20 | Q3'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 2.20+1.9 | 0.34-0.8 | 1.10+0.3 | 0.84-0.2 | 1.09+0.3 | 0.83-0.2 | 0.98+0.0 | 0.97 |
| Debt-to-Equity | 0.01+0.3 | -0.27-1.4 | 1.08+1.2 | -0.14+0.1 | -0.19-0.1 | -0.13-0.0 | -0.09+0.0 | -0.11 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is Sequans Communications S A profitable?
Yes, Sequans Communications S A (SQNS) reported a net income of $57.6M in fiscal year 2024.
How much debt does Sequans Communications S A have?
As of fiscal year 2024, Sequans Communications S A (SQNS) had $9.1M in cash and equivalents against $333K in long-term debt.
What is Sequans Communications S A's return on equity (ROE)?
Sequans Communications S A (SQNS) has a return on equity of 104.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Sequans Communications S A's operating cash flow?
Sequans Communications S A (SQNS) generated -$19.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Sequans Communications S A's total assets?
Sequans Communications S A (SQNS) had $106.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Sequans Communications S A's current ratio?
Sequans Communications S A (SQNS) had a current ratio of 2.20 as of fiscal year 2024, which is generally considered healthy.
What is Sequans Communications S A's debt-to-equity ratio?
Sequans Communications S A (SQNS) had a debt-to-equity ratio of 0.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sequans Communications S A's return on assets (ROA)?
Sequans Communications S A (SQNS) had a return on assets of 54.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Sequans Communications S A's cash runway?
Based on fiscal year 2024 data, Sequans Communications S A (SQNS) had $9.1M in cash against an annual operating cash burn of $19.5M. This gives an estimated cash runway of approximately 6 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Sequans Communications S A's Piotroski F-Score?
Sequans Communications S A (SQNS) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sequans Communications S A's earnings high quality?
Sequans Communications S A (SQNS) has an earnings quality ratio of -0.34x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.