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SELX

Semilux International Ltd. Ordinary Shares

SELX

Semilux International Ltd. Ordinary Shares • NASDAQ
$0.53 ▼ -3.45% (-0.02)
Market Cap $19.96 M
52w High $1.85
52w Low $0.53
Dividend Yield 0%
P/E -5.31
Volume 24.99K
Outstanding Shares 37.59M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2024 $8.113M $21.587M $-17.855M -220.085% $-0.63 $-23.68M
Q1-2024 $8.113M ▼ $21.587M ▲ $-17.855M ▲ -220.085% ▲ $-0.63 ▲ $-23.68M ▲
Q4-2023 $9.673M ▼ $15.256M ▼ $-23.707M ▼ -245.084% ▼ $-2.99 ▼ $-29.087M ▼
Q4-2022 $22.116M $16.022M $-19.912M -90.034% $-0.71 $-11.128M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2024 $150.108M $418.068M $165.481M $252.587M
Q1-2024 $150.108M ▼ $418.068M ▼ $165.481M ▼ $252.587M ▲
Q4-2023 $202.465M ▼ $448.923M ▼ $166.054M ▲ $224.511M ▼
Q3-2023 $236.961M ▼ $484.113M ▲ $164.534M ▲ $319.579M ▼
Q1-2023 $299.34M $0 $-345.898M $345.898M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2024 $-17.855M $-16.254M $-6.141M $-3.784M $0 ▲ $-22.404M
Q1-2024 $-17.855M ▲ $-16.254M ▲ $-6.141M ▼ $-3.784M ▲ $-294.58M ▼ $-22.404M ▼
Q4-2023 $-23.707M ▼ $-19.983M ▼ $-624K ▲ $-18.584M ▼ $-39.191M ▼ $-20.608M ▼
Q2-2023 $-11.249M $-985K $-3.587M $-17.404M $255.39M ▲ $-4.537M
Q1-2023 $-11.249M $-985K $-3.587M $-17.404M $-424.023M $-4.537M

Five-Year Company Overview

Income Statement

Income Statement Revenue remains very small and has actually drifted down from its earlier peak, suggesting the business is still in the early, pre‑scale phase. Profitability is not yet established: gross profit has slipped into loss territory, operating losses have widened, and net results have swung from a brief profit back to a noticeable loss. Overall, the income statement shows a company investing ahead of revenue, with earnings highly volatile and not yet on a stable, upward track.

Balance Sheet

Balance Sheet The company’s asset base is modest and has stayed roughly steady over the past few years, indicating no aggressive expansion yet. Cash once represented a strong cushion but has been gradually drawn down, while debt, though not excessive, has crept up relative to equity. Shareholders’ equity has been shrinking, reflecting cumulative losses. In simple terms, the balance sheet looks adequate for a small, R&D‑heavy tech firm, but it is slowly weakening as losses accumulate.

Cash Flow

Cash Flow Cash generation from day‑to‑day operations has been inconsistent, with most years showing cash outflows rather than inflows. After funding equipment and development needs, free cash flow has generally been negative, meaning the business is consuming cash rather than generating it. Capital spending is not large in absolute terms but is meaningful relative to the company’s size, and it contributes to the ongoing cash burn. This pattern is typical of an early‑stage technology company but underscores a reliance on external funding or new business wins to sustain R&D and operations over time.

Competitive Edge

Competitive Edge Semilux operates in a demanding niche at the crossroads of optics, semiconductors, and automotive technology. Its focus on solid‑state LiDAR, adaptive headlights, and high‑precision optical components positions it within attractive, fast‑evolving markets such as autonomous driving and intelligent lighting. The company leans on Taiwan’s semiconductor ecosystem, customization capabilities, and close collaboration with Tier‑1 suppliers and OEM partners to differentiate itself. However, it competes against larger and better‑funded global players in LiDAR and automotive sensing, faces long automotive design cycles, and depends heavily on winning and retaining key platform design wins. Its niche expertise and partnerships are strengths, but scale and commercial traction are still developing.

Innovation and R&D

Innovation and R&D Innovation is clearly at the core of the strategy. Semilux is pushing advanced technologies such as optical phased array (OPA)–based solid‑state LiDAR, AI‑driven sensing platforms, and in‑house chip design across several key components. Collaboration with universities and government support in Taiwan add credibility to its R&D pipeline, and the move from simple components to integrated AI systems suggests a push up the value chain. The upside is meaningful technical differentiation if these programs reach reliable, cost‑effective production; the risk is that timelines slip, costs stay high, or competitors commercialize comparable solutions faster. Overall, the R&D story is ambitious and promising, but execution and commercialization remain the big unknowns.

Summary

Semilux is a very early‑stage, technology‑driven optical and 3D sensing company aiming at high‑growth areas like autonomous driving and intelligent lighting. On the technology side, it has interesting strengths: deep optics know‑how, advanced LiDAR and AI initiatives, and a strategic position within Taiwan’s semiconductor ecosystem, supported by partnerships and academic collaborations. On the financial side, it looks like a typical pre‑scale hardware innovator: very small and uneven revenue, recurring losses, negative free cash flow, and a balance sheet that is still serviceable but gradually eroding as cash is used to fund R&D. The company’s future will largely depend on its ability to turn its R&D into commercially adopted products, secure and scale customer programs with major automotive and industrial partners, and move its financial profile from experimental to sustainable. Uncertainty is high, but so is the strategic ambition in its chosen markets.

NEWS

November 12, 2025 · 4:15 PM UTC

Semilux Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Compliance

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