WISeKey Reports Strong Growth in Full-Year 2022 Audited Consolidated Financial Results


crocon media, April 28, 2023 — [msch] WISeKey, a leading global cybersecurity and IoT company, has reported its full-year 2022 audited consolidated financial results. The company achieved strong growth in revenue and gross profit, driven by the continued expansion of its cybersecurity and IoT offerings.

In 2022, WISeKey generated a total revenue of $67.6 million, representing a growth of 34% over the previous year. Gross profit for the year reached $44.8 million, up by 41% compared to the previous year. The company’s gross margin increased from 59.4% in 2021 to 66.3% in 2022, reflecting the increasing contribution from high-margin cybersecurity and IoT services.

During the year, WISeKey continued to expand its offerings and partnerships, further strengthening its position in the global cybersecurity and IoT market. The company launched its WISeID Mobile Authentication Solution and its WISeKey IoT Security Platform, which provide advanced security solutions for mobile devices and IoT applications.

Commenting on the results, WISeKey CEO Carlos Moreira said, “We are pleased with the strong growth and continued expansion of our cybersecurity and IoT offerings in 2022. Our focus on delivering advanced, high-margin security solutions has enabled us to achieve solid financial results and position ourselves for long-term success in the growing global cybersecurity and IoT market.”

WISeKey’s strong financial performance and growth outlook have generated positive attention from investors, and the company’s stock price has seen significant gains in recent months. With its strong financial position and growing portfolio of cybersecurity and IoT solutions, WISeKey is well-positioned to continue delivering value for its customers and shareholders in the years ahead.


All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.

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