Wisekey International Holding Ltd. Class B · SIX:WIHN
Wisekey International Holding Ltd. Class B — Investor Presentation (June 2024)
30 slides from Wisekey International Holding Ltd. Class B's investor presentation, June 2024
Slide 1: Global Leader in Cybersecurity, Blockchain, and IoT Platforms
SIX: WIHN, NASDAQ: WKEY Global Leader in Cybersecurity, Blockchain, and IoT Platforms Investor Presentation June 2024
Slide 2: Disclaimer
Disclaimer This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial c
Slide 3: Who We Are
Who We Are 1 Our Businesses 1 Financial Highlights 1 Appendix
Slide 4: About WISeKey
About WISeKey Global leader in cybersecurity, blockchain, and IoT platforms operating as a holding company. Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of HQ research and expertise; their technologies seamlessly integrate into th
Slide 5: Corporate Structure
Corporate Structure 63% ownership 100% ownership 100% ownership 87% ownership Develops and sells Offers digital identities Picosatellites and low- A fully-fledged digital semiconductors, PKI, and security services to power sensors providing asset marketplace and post-quantum protect electronic the f
Slide 6: A Unique Web 3.0 Platform
A Unique Web 3.0 Platform Leveraging over two decades of experience developing vertical digital security solutions , WISeKey has built the world’s first integrated Web 3.0 Platform that uses the combination of Secure Chips, AI and Trust Services to enable, manage, and automate secure transactions be
Slide 7: WISeKey Security: Trusted Globally
WISeKey Security: Trusted Globally Select Clients OEMs / Brands Integrators / Distributors
Slide 8: WISeKey: Investment Highlights
WISeKey: Investment Highlights FY 2023 Strategic Initiatives ▪ Year of strategic transformation. 2025 and Beyond ▪ Expanded global operations and client base, specifically in US. Current strategic ▪ Introduced new products and services. initiatives to drive ▪ New revenue streams - targeting recurrin
Slide 9: Our Businesses
Who We Are 1 Our Businesses 1 Financial Highlights 1 Appendix
Slide 10: SEALSQ
SEALSQ Overview & Benefits The only digital security company acting as… Customer Benefits Offering a fully OEM integrated vertical Securing any kind of • Achieve easy, fast & cost-effective product compliance with One-stop-shop suite of connected devices major standards (Matter, US Cyber Trust Mark,
Slide 11: SEALSQ: Use Cases
SEALSQ: Use Cases Smart Home Smart Grid EV Charging Military & Government Secure Elements pre-provisioned with Full Root to Chip security solution FIPS Managed PKI solution & ready-to-use Specific integrated solutions for secure Matter Device Attestation Certifications; 140-3 certified for leading s
Slide 12: SEALCOIN AG
SEALCOIN AG The Dedicated Cryptocurrency for Device (Real Use Cases for SEALCOIN World Asset) Tokenization. Pre-registration available now at SEALCOIN.AI SMART HOME AUTOMATION Designed to power the Machine-to-Machine ENERGY TRADING (M2M) economy. Connects billions of internet-driven devices, SUPPLY
Slide 13: WISeID
WISeID Foundation in Security and Identity Verification The WISeID Identity Platform provides a unified The WISeID Ecosystem personal security solution, including a Digital Identify, Digital Certificate, and Personal Encrypted Vault. WISeID Digital Identity Delivers digital identity and PKI services
Slide 14: WISeSat
WISeSat The first cost effective and secure IoT connectivity solution anywhere on Earth using picosatellites and low- power sensors. WISeSat’s aim is to answer the needs of any large IoT deployment globally. The Process This encrypted data is sent The ground station The network server The distribute
Slide 15: WISeSat
WISeSat Current Problem WISeSat Solutions Costly connectivity gap for a growing Global cost-effective solutions for a wide variety number of connected devices. of applications including livestock, wearables, agriculture, industrials, tracking, to name a few. ~80% Use Cases Terrestrial connectivity g
Slide 16: WISeArt
WISeArt Adoption of NFTs and Digital Asset Management Decentralized Marketplace By leveraging WISeKey’s state of the art cyber security, the platform allows buyers and sellers to deal directly with each other, while their NFTs remain protected through the OISTE foundation. Features Security • Offers
Slide 17: Financial Highlights
Who We Are 1 Our Businesses 1 Financial Highlights 1 Appendix
Slide 18: FY 2023 Financial Highlights
FY 2023 Financial Highlights Revenues ▪ Revenue of $31 million represents a significant increase of 30% compared to the $24 million reported in FY 2022. ▪ Significant growth reflects the Company’s successful expansion in its key markets and the underlying demand for its advanced cybersecurity soluti
Slide 19: Key Financial Metrics
Key Financial Metrics Net Sales Gross Profit R&D Investment (all data in $ million) (all data in $ million) (all data in $ million) $40.0 $16.0 $14.7 $6.0 $5.5 $30.9 $5.0 $4.4 $30.0 $12.0 $10.1 $23.8 $4.0 $3.7 $17.6 $7.5 $20.0 $8.0 $3.0 $2.0 $10.0 $4.0 $1.0 $- $- $- FY 2021 FY 2022 FY 2023 FY 2021 F
Slide 20: Revenues by Region
Revenues by Region With new distribution agreements signed or under negotiation in North America and Europe and expansion in the United States, these regions are expected to remain largest markets going forward. FY 2022 FY 2023 Latin America 1% Asia Pacific 12% Asia Pacific 11% Europe, Middle East &
Slide 21: Outlook
Outlook While 2024 is expected to be a transitional year, WISeKey has made investments in projects that are anticipated to deliver diversified sources of revenue. Revenue Streams Partnerships ▪ SEALCOIN AG: SPV for a Hybrid Payment and Utility Token scheduled ▪ WISeSat.Space expanding its corporatio
Slide 22: Thank You
Contact Us WISeKey Investor Relations Carlos Moreira The Equity Group Inc. Chairman & CEO Lena Cati [email protected] Tel: +1 212 836-9611 / [email protected] Katie Murphy Tel: +1 212 836-9612 / [email protected] Thank You
Slide 23: Appendix
Who We Are 1 Our Businesses 1 Financial Highlights 1 Appendix
Slide 24: Historical Financials
Historical Financials Consolidated Statements of Comprehensive Income/(Loss) 12 months ended December 31, USD'000, except earnings per share 2023 2022 2021 Net sales 30,918 23,814 17,646 Cost of sales (15,754) (13,588) (9,893) Depreciation of production assets (420) (132) (301) Gross profit 14,744 1
Slide 25: Historical Financials
Historical Financials Consolidated Statements of Comprehensive Income/(Loss) (continued) 12 months ended December 31, USD'000, except earnings per share 2023 2022 2021 Discontinued operations: Net sales from discontinued operations - 1,805 4,612 Cost of sales from discontinued operations - (978) (2,
Slide 26: Historical Financials
Historical Financials Consolidated Statements of Comprehensive Income/(Loss) (continued) 12 months ended December 31, USD'000, except earnings per share 2023 2022 2021 Other comprehensive income / (loss), net of tax: Foreign currency translation adjustments (842) (1,434) (1,534) Change in unrealized
Slide 27: Historical Financials
Historical Financials Consolidated Balance Sheets As at December 31, As at December 31, USD'000 2023 2022 ASSETS Current assets Cash and cash equivalents 15,311 20,706 Restricted cash, current - 108 Accounts receivable, net of allowance for credit losses 5,471 2,573 Notes receivable, current 63 67 I
Slide 28: Historical Financials
Historical Financials Consolidated Balance Sheets As at December 31, As at December 31, USD'000 2023 2022 Equity securities, at cost 486 472 Equity securities, at fair value - 1 Other noncurrent assets 275 249 Total noncurrent assets 17,710 15,629 TOTAL ASSETS 47,801 49,496 LIABILITIES Current Liabi
Slide 29: Historical Financials
Historical Financials Consolidated Balance Sheets As at December 31, As at December 31, USD'000 2023 2022 Noncurrent liabilities Bonds, mortgages and other long-term debt 1,820 1,850 Convertible note payable, noncurrent 1,519 1,267 Deferred revenue, noncurrent 24 23 Operating lease liabilities, nonc
Slide 30: Historical Financials
Historical Financials Consolidated Balance Sheets As at December 31, As at December 31, USD'000 2023 2022 Common stock - Class B 8,170 5,334 CHF 2.50 par value Authorized - 6,194,267 and 3,548,392 Issued - 3,076,150 and 2,005,890 Outstanding - 2,954,097 and 1,996,745 Treasury stock, at cost (122,053
WISeKey International Holding — Investor Presentation (June 2024) on 6ix