Minim, Inc. - Understand $minm stock

$MINM Market Cap: $1.202 Million

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Financial Snapshot

Revenue

$2.103M

TTM

Gross Margin

28.96%

TTM

Net Earnings

-$5.517M

TTM

Current Assets

$215.8K

Q3 2024

Current Liabilities

$992.1K

Q3 2024

Current Ratio

21.76%

Q3 2024

Total Assets

$433.2K

Q3 2024

Total Liabilities

$992.1K

Q3 2024

Book Value

-$558.9K

Q3 2024

Cash

$191.7K

Q3 2024

P/E

-0.2179

Nov 29, 2024 EST

Free Cash Flow

-$1.342M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$26.11M	$50.62M	$55.42M	$47.99M	$37.61M	$32.32M	$29.42M	$17.83M	$10.79M	$11.90M	$11.24M	$14.69M	$12.67M
YoY Change	-48.43%	-8.66%	15.49%	27.58%	16.37%	9.88%	64.95%	65.28%	-9.32%	5.87%	-23.49%	15.94%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$26.11M	$50.62M	$55.42M	$47.99M	$37.61M	$32.32M	$29.42M	$17.83M	$10.79M	$11.90M	$11.24M	$14.69M	$12.67M
Cost Of Revenue	$25.64M	$38.70M	$37.89M	$34.38M	$26.71M	$20.68M	$19.18M	$12.47M	$7.388M	$8.410M	$8.140M	$11.06M	$9.370M
Gross Profit	$470.9K	$11.93M	$17.53M	$13.61M	$10.91M	$11.64M	$10.24M	$5.367M	$3.402M	$3.490M	$3.100M	$3.630M	$3.300M
Gross Profit Margin	1.8%	23.56%	31.63%	28.35%	28.99%	36.02%	34.81%	30.09%	31.53%	29.33%	27.58%	24.71%	26.05%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$14.23M	$21.15M	$18.64M	$14.60M	$11.89M	$9.820M	$9.509M	$6.729M	$2.800M	$2.500M	$2.890M	$3.160M	$3.240M
YoY Change	-32.7%	13.46%	27.67%	22.78%	21.08%	3.27%	41.31%	140.29%	12.02%	-13.49%	-8.54%	-2.47%
% of Gross Profit	3022.12%	177.31%	106.32%	107.29%	109.02%	84.33%	92.85%	125.38%	82.31%	71.63%	93.23%	87.05%	98.18%
Research & Development	$3.447M	$5.825M	$6.164M	$3.828M	$2.237M	$1.772M	$1.945M	$1.523M	$1.342M	$1.130M	$920.0K	$1.150M	$1.010M
YoY Change	-40.83%	-5.51%	61.02%	71.1%	26.27%	-8.89%	27.73%	13.44%	18.77%	22.83%	-20.0%	13.86%
% of Gross Profit	731.93%	48.84%	35.17%	28.14%	20.52%	15.22%	18.99%	28.37%	39.45%	32.38%	29.68%	31.68%	30.61%
Depreciation & Amortization	$612.1K	$403.0K	$957.5K	$235.8K	$315.5K	$365.1K	$500.1K	$544.7K	$121.0K	$10.00K	$10.00K	$10.00K	$20.00K
YoY Change	51.9%	-57.91%	306.11%	-25.26%	-13.59%	-27.0%	-8.19%	350.05%	1110.3%	0.0%	0.0%	-50.0%
% of Gross Profit	130.0%	3.38%	5.46%	1.73%	2.89%	3.14%	4.88%	10.15%	3.56%	0.29%	0.32%	0.28%	0.61%
Operating Expenses	$17.68M	$26.97M	$24.80M	$18.43M	$14.13M	$11.59M	$11.45M	$8.252M	$4.143M	$3.630M	$3.810M	$4.310M	$4.240M
YoY Change	-34.46%	8.75%	34.6%	30.43%	21.87%	1.2%	38.81%	99.19%	14.12%	-4.72%	-11.6%	1.65%
Operating Profit	-$17.21M	-$15.05M	-$7.272M	-$4.820M	-$3.221M	$52.68K	-$1.212M	-$2.884M	-$740.3K	-$140.0K	-$710.0K	-$680.0K	-$940.0K
YoY Change	14.37%	106.88%	50.87%	49.64%	-6214.69%	-104.35%	-57.97%	289.65%	428.76%	-80.28%	4.41%	-27.66%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	-$383.4K	$394.6K	-$226.2K	-$47.47K	-$34.42K	-$78.11K	-$98.66K	-$54.20K	-$71.92K	$0.00	-$290.0K	$0.00	$0.00
YoY Change	-197.16%	-274.42%	376.6%	37.91%	-55.93%	-20.83%	82.03%	-24.64%		-100.0%
% of Operating Profit						-148.27%
Other Income/Expense, Net	-$1.320K	-$391.9K	$90.00	-$21.36K	$4.720K	-$23.05K	-$41.36K	$12.58K	-$13.59K	$270.0K	-$70.00K	-$50.00K	$70.00K
YoY Change	-99.66%	-435495.56%	-100.42%	-552.54%	-120.48%	-44.27%	-428.78%	-192.57%	-105.03%	-485.71%	40.0%	-171.43%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	-$17.59M	-$15.44M	-$3.523M	-$3.832M	-$3.251M	-$48.48K	-$1.352M	-$2.926M	-$825.8K	$130.0K	-$1.060M	-$730.0K	-$870.0K
YoY Change	13.96%	338.18%	-8.06%	17.86%	6605.73%	-96.42%	-53.78%	254.34%	-735.21%	-112.26%	45.21%	-16.09%
Income Tax	$42.62K	$112.3K	$63.77K	$26.72K	$24.87K	$199.4K	-$7.146M	$7.070K	$7.360K	$10.00K	$0.00	$0.00	$0.00
% Of Pretax Income										7.69%
Net Earnings	-$17.63M	-$15.55M	-$3.587M	-$3.858M	-$3.276M	-$74.28K	-$1.367M	-$2.933M	-$833.1K	$120.0K	-$1.060M	-$730.0K	-$870.0K
YoY Change	13.41%	333.52%	-7.04%	17.79%	4310.07%	-94.57%	-53.39%	252.06%	-794.28%	-111.32%	45.21%	-16.09%
Net Earnings / Revenue	-67.55%	-30.72%	-6.47%	-8.04%	-8.71%	-0.23%	-4.65%	-16.45%	-7.72%	1.01%	-9.43%	-4.97%	-6.87%
Basic Earnings Per Share	-$9.08	-$0.34	-$0.06
Diluted Earnings Per Share	-$9.08	-$0.34	-$90.21K	-$152.5K	-$181.5K	-$4.655K	-$91.64K	-$210.9K	-$87.97K	$0.38	-$3.65	-$2.60	-$3.95

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$709.3K	$530.1K	$12.57M	$771.8K	$1.217M	$126.0K	$229.2K	$179.9K	$1.847M	$140.0K	$60.00K	$240.0K	$730.0K
YoY Change	33.81%	-95.78%	1528.8%	-36.58%	865.94%	-45.04%	27.45%	-90.26%	1219.07%	133.33%	-75.0%	-67.12%
Cash & Equivalents	$709.3K	$530.1K	$12.57M	$771.8K	$1.217M	$126.0K	$229.2K	$179.9K	$1.847M	$140.0K	$60.00K	$200.0K	$640.0K
Short-Term Investments											$0.00	$40.00K	$80.00K
Other Short-Term Assets	$35.77K	$860.7K	$1.088M	$1.199M	$419.7K	$918.6K	$578.4K	$652.4K	$381.2K	$270.0K	$230.0K	$260.0K	$190.0K
YoY Change	-95.84%	-20.88%	-9.28%	185.68%	-54.31%	58.81%	-11.34%	71.14%	41.19%	17.39%	-11.54%	36.84%
Inventory	$9.953M	$25.42M	$33.89M	$16.50M	$7.440M	$7.928M	$5.202M	$4.927M	$2.785M	$1.720M	$1.710M	$2.630M	$2.720M
Prepaid Expenses
Receivables	$701.4K	$2.758M	$4.881M	$9.203M	$4.071M	$2.761M	$2.230M	$2.498M	$1.079M	$1.810M	$1.670M	$1.970M	$1.400M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$11.40M	$29.56M	$52.43M	$27.68M	$13.15M	$11.73M	$8.239M	$8.257M	$6.092M	$3.940M	$3.670M	$5.100M	$5.030M
YoY Change	-61.44%	-43.61%	89.42%	110.53%	12.06%	42.4%	-0.21%	35.55%	54.61%	7.36%	-28.04%	1.39%
Property, Plant & Equipment	$455.0K	$810.5K	$1.004M	$542.0K	$405.8K	$261.5K	$161.6K	$175.7K	$205.1K	$70.00K	$50.00K	$30.00K	$20.00K
YoY Change	-43.86%	-19.31%	85.32%	33.56%	55.2%	61.84%	-8.06%	-14.33%	193.04%	40.0%	66.67%	50.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$472.6K	$511.8K	$544.7K	$942.4K	$349.3K	$222.2K	$391.7K	$588.9K	$573.1K
YoY Change	-7.66%	-6.05%	-42.2%	169.77%	57.25%	-43.28%	-33.49%	2.77%
Total Long-Term Assets	$960.9K	$1.396M	$1.871M	$1.932M	$755.2K	$483.6K	$553.2K	$764.7K	$778.2K	$70.00K	$50.00K	$20.00K	$20.00K
YoY Change	-31.15%	-25.4%	-3.17%	155.83%	56.14%	-12.58%	-27.65%	-1.74%	1011.7%	40.0%	150.0%	0.0%
Total Assets	$12.36M	$30.96M	$54.30M	$29.61M	$13.90M	$12.22M	$8.793M	$9.022M	$6.870M	$4.010M	$3.720M	$5.120M	$5.050M
YoY Change
Accounts Payable	$11.14M	$2.837M	$12.46M	$11.74M	$5.025M	$4.369M	$3.527M	$2.502M	$1.424M	$730.0K	$690.0K	$930.0K	$1.060M
YoY Change	292.77%	-77.23%	6.07%	133.75%	15.0%	23.89%	40.94%	75.79%	95.0%	5.8%	-25.81%	-12.26%
Accrued Expenses	$1.100M	$4.592M	$5.423M	$7.531M	$2.769M	$2.230M	$2.004M	$1.052M	$292.8K	$280.0K	$320.0K	$380.0K	$370.0K
YoY Change	-76.04%	-15.34%	-27.98%	171.95%	24.2%	11.26%	90.56%	259.21%	4.56%	-12.5%	-15.79%	2.7%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$4.759M	$5.065M	$2.507M	$0.00	$1.741M	$90.26K	$1.307M	$0.00	$840.0K	$320.0K	$910.0K	$0.00
YoY Change	-100.0%	-6.05%	102.0%		-100.0%	1829.17%	-93.09%		-100.0%	162.5%	-64.84%
Long-Term Debt Due		$1.000M	$34.24K
YoY Change		2820.56%
Total Short-Term Liabilities	$12.24M	$13.82M	$23.27M	$21.78M	$7.794M	$8.340M	$5.621M	$4.861M	$1.716M	$1.850M	$1.330M	$2.220M	$1.430M
YoY Change	-11.41%	-40.61%	6.84%	179.49%	-6.55%	48.37%	15.65%	183.21%	-7.23%	39.1%	-40.09%	55.24%
Long-Term Debt	$0.00	$0.00	$0.00	$15.25K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change			-100.0%
Other Long-Term Liabilities	$0.00	$794.3K	$542.3K	$22.24K
YoY Change	-100.0%	46.47%	2338.22%
Total Long-Term Liabilities	$0.00	$794.3K	$542.3K	$37.49K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	46.47%	1346.41%
Total Liabilities	$12.24M	$14.62M	$23.81M	$21.82M	$7.794M	$8.340M	$5.621M	$4.861M	$1.716M	$1.850M	$1.330M	$2.220M	$1.430M
YoY Change	-16.22%	-38.63%	9.14%	179.98%	-6.55%	48.37%	15.65%	183.21%	-7.23%	39.1%	-40.09%	55.24%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	1.942M shares	46.40M shares	39.76M shares
Diluted Shares Outstanding	1.942M shares	46.40M shares	39.76M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.2025 Million

About MINIM, INC.

Minim, Inc. is the creator of intelligent networking products that dependably connect people to the information they need and the people they love. The company is headquartered in Manchester, New Hampshire and currently employs 43 full-time employees. The company went IPO on 2009-10-06. The firm delivers intelligent software to protect and improve the WiFi connections. Its cable and WiFi products, with an intelligent operating system and bundled mobile application, are sold in retailers and e-commerce channels in the United States (U.S.). Its artificial intelligence (AI)-driven cloud software platform and applications make network management and security simple for home and business users, as well as the service providers. Its hardware portfolio includes cable modems, cable modem/routers, mobile broadband modems, wireless routers, Multimedia over Coax Alliance (MoCA) adapters, and mesh home networking devices. Its SaaS platform includes mobile applications, a Web application, API suites, and an open-source embedded agent for networking devices. Modems and modem/routers (gateways) are devices, which converts cable service into Internet connectivity for ethernet-only connection (modems) or ethernet and wireless connections.

Industry: Telephone & Telegraph Apparatus Peers: ACTELIS NETWORKS INC CISCO SYSTEMS, INC. CLEARONE INC Cleartronic, Inc. COMSovereign Holding Corp. TELKONET INC PARKERVISION INC WESTELL TECHNOLOGIES INC