WISeKey International Holding Ltd (WKEY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for your patience. Welcome to YSK International Holdings Full Year 2025 Financial Results Conference Call. As a reminder, this conference contains forward-looking statements. Such statements involve certain known and unknown risks, uncertainties, and other factors that could cause actual results, financial condition, performance, or achievement of YK International Holding limited to be materially different from any future result. performance, or achievements expressed or implied by such forward-looking statements. WISE Key is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events, or otherwise. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Carlos Moreira, founder and chief executive officer of WiseKey. Thank you, sir. You may begin. Good morning. Thank you very much. Good morning to everybody. So 2025 was a defining year for WiseKey and the early weeks of 2026 have already validated the strategy decision we made over the last 24 months. We deliver out of the full year revenue of $19.3 million, representing a 62% growth year over year, with a subsidiary, CLSQ, contributing $18.3 million and growing 66% over the prior year. Q4 alone produced $8 million of that revenue. More importantly, we ended 2025 with a fundamentally transformative balance sheet We have over $429 million in cash and short-term investment at year-end, growing to more than...