Investor Presentaiton
Sequans Overview
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Co-founded in 2003 by CEO, Georges Karam
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ADS listed on NYSE (Ticker: SQNS) since 2011
Global Company
Headquartered in France
370 people in 14 countries (80% R&D &
customer support)
Fabless semiconductor business model
Primary use of capital is for ongoing 4G and 5G
product development
$34M
2023 Revenue¹
72%
2023 Gross Margin¹
Annual growth rate over next 3 to 5 years
expected to exceed market CAGR
Balance Sheet Highlights
At December 31 ($millions)
2022
2023
Cash & Equivalents, Short-term Deposits
$10.7
$5.7
Short-term receivables financing
$7.7
$9.4
Government advances & loans
$10.4
$7.9
Unsecured related party loan
Convertible debt
$8.9
$43.5
$52.3
SEQUANS
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Full year ended December 31, 2023.
©2024 Sequans Communications
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