Financial Snapshot

Revenue
$56.74M
TTM
Gross Margin
27.34%
TTM
Net Earnings
-$13.39M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
105.22%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$15.35M
Q3 2024
Cash
Q3 2024
P/E
-1.132
Nov 29, 2024 EST
Free Cash Flow
-$4.551M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $93.63M $69.83M $54.57M $63.99M $116.3M $135.7M $59.00M
YoY Change 34.09% 27.96% -14.72% -44.95% -14.33% 130.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $93.63M $69.83M $54.57M $63.99M $116.3M $135.7M $59.00M
Cost Of Revenue $74.31M $58.21M $48.16M $48.78M $81.74M $87.60M $38.70M
Gross Profit $19.32M $11.62M $6.414M $15.21M $34.51M $48.10M $20.30M
Gross Profit Margin 20.64% 16.65% 11.75% 23.77% 29.68% 35.45% 34.41%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $17.04M $16.89M $26.72M $20.25M $29.00M $19.40M $14.10M
YoY Change 0.91% -36.8% 31.98% -30.18% 49.46% 37.59%
% of Gross Profit 88.18% 145.28% 416.57% 133.09% 84.02% 40.33% 69.46%
Research & Development $1.772M $7.973M $17.70M $16.22M $26.06M $23.20M $13.00M
YoY Change -77.77% -54.94% 9.11% -37.78% 12.34% 78.46%
% of Gross Profit 9.17% 68.6% 275.9% 106.62% 75.53% 48.23% 64.04%
Depreciation & Amortization $2.206M $244.0K $2.129M $2.728M $3.525M $1.850M $1.320M
YoY Change 804.1% -88.54% -21.96% -22.61% 90.54% 40.15%
% of Gross Profit 11.42% 2.1% 33.19% 17.93% 10.21% 3.85% 6.5%
Operating Expenses $18.81M $25.91M $44.42M $44.47M $56.89M $42.70M $27.10M
YoY Change -27.41% -41.66% -0.13% -21.83% 33.25% 57.55%
Operating Profit $513.0K -$14.29M -$38.00M -$29.26M -$22.38M $5.394M -$6.800M
YoY Change -103.59% -62.4% 29.87% 30.74% -514.92% -179.32%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense -$250.0K $97.00K -$459.0K -$759.0K -$1.522M -$1.828M -$1.600M
YoY Change -357.73% -121.13% -39.53% -50.13% -16.74% 14.25%
% of Operating Profit -48.73% -33.89%
Other Income/Expense, Net $151.0K $484.0K -$459.0K -$434.0K -$543.0K -$565.0K $0.00
YoY Change -68.8% -205.45% 5.76% -20.07% -3.89%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income $284.0K -$13.90M -$38.46M -$30.45M -$24.45M $2.031M -$8.400M
YoY Change -102.04% -63.85% 26.29% 24.57% -1303.64% -124.18%
Income Tax $374.0K $184.0K $167.0K -$521.0K $1.388M $754.0K $400.0K
% Of Pretax Income 131.69% 37.12%
Net Earnings -$90.00K -$14.09M -$38.63M -$29.93M -$25.83M $1.277M -$8.500M
YoY Change -99.36% -63.53% 29.05% 15.86% -2123.02% -115.02%
Net Earnings / Revenue -0.1% -20.17% -70.78% -46.77% -22.22% 0.94% -14.41%
Basic Earnings Per Share $0.00 -$0.49 -$4.08
Diluted Earnings Per Share $0.00 -$0.49 -$4.081M -$647.2K -$1.387M $66.67K -$435.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $9.397M $13.21M $11.23M $22.14M $11.30M $13.05M $1.580M
YoY Change -28.88% 17.63% -49.26% 95.93% -13.41% 725.95%
Cash & Equivalents $9.397M $13.21M $11.23M $22.14M $11.30M $13.05M $1.580M
Short-Term Investments
Other Short-Term Assets $1.531M $1.569M $3.974M $6.810M $4.520M $7.550M $4.640M
YoY Change -2.42% -60.52% -41.64% 50.66% -40.13% 62.72%
Inventory $6.594M $4.103M $5.729M $11.51M $20.07M $21.83M $8.980M
Prepaid Expenses
Receivables $25.30M $22.43M $10.80M $4.610M $10.08M $18.88M $10.82M
Other Receivables $961.0K $2.314M $3.948M $500.0K $1.380M $2.560M $1.340M
Total Short-Term Assets $43.79M $43.63M $35.69M $45.57M $47.34M $63.87M $27.37M
YoY Change 0.36% 22.26% -21.69% -3.74% -25.88% 133.36%
Property, Plant & Equipment $126.0K $234.0K $534.0K $840.0K $1.440M $1.070M $720.0K
YoY Change -46.15% -56.18% -36.43% -41.67% 34.58% 48.61%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.898M $2.972M $2.524M $1.010M $6.680M $2.410M $2.160M
YoY Change -2.49% 17.75% 149.9% -84.88% 177.18% 11.57%
Total Long-Term Assets $12.26M $10.05M $5.403M $4.740M $8.120M $3.480M $2.880M
YoY Change 21.9% 86.08% 13.99% -41.63% 133.33% 20.83%
Total Assets $56.04M $53.69M $41.09M $50.31M $55.46M $67.35M $30.25M
YoY Change
Accounts Payable $19.85M $21.13M $9.473M $8.860M $7.230M $27.30M $11.25M
YoY Change -6.05% 123.01% 6.92% 22.54% -73.52% 142.67%
Accrued Expenses $12.29M $10.76M $11.35M $11.44M $10.27M $16.38M $8.970M
YoY Change 14.22% -5.24% -0.76% 11.39% -37.3% 82.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.920M
YoY Change -100.0%
Long-Term Debt Due $0.00 $147.0K $148.0K $180.0K $9.820M $300.0K $220.0K
YoY Change -100.0% -0.68% -17.78% -98.17% 3173.33% 36.36%
Total Short-Term Liabilities $32.15M $32.06M $20.99M $20.47M $27.61M $48.20M $28.03M
YoY Change 0.27% 52.79% 2.52% -25.86% -42.72% 71.96%
Long-Term Debt $0.00 $0.00 $66.00K $190.0K $360.0K $13.21M $7.550M
YoY Change -100.0% -65.26% -47.22% -97.27% 74.97%
Other Long-Term Liabilities $1.528M $1.579M $1.409M $1.240M $1.960M $810.0K $4.180M
YoY Change -3.23% 12.07% 13.63% -36.73% 141.98% -80.62%
Total Long-Term Liabilities $1.528M $1.579M $1.475M $1.430M $2.320M $14.02M $11.73M
YoY Change -3.23% 7.05% 3.15% -38.36% -83.45% 19.52%
Total Liabilities $33.68M $33.64M $22.46M $21.90M $29.93M $62.22M $39.76M
YoY Change 0.1% 49.78% 2.56% -26.83% -51.9% 56.49%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 41.69M shares 28.89M shares 9.465M shares
Diluted Shares Outstanding 41.69M shares 28.89M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $15.151 Million

About SONIM TECHNOLOGIES INC

Sonim Technologies Inc is a US-based company operating in Technology Hardware, Storage & Peripherals industry. The company is headquartered in San Diego, California and currently employs 67 full-time employees. The company went IPO on 2019-05-10. Sonim Technologies, Inc. provides ultra-rugged, rugged and consumer durable mobile devices, including phones, wireless Internet data devices, tablets and accessories designed to provide extra protection for users. The company sells its ruggedized mobility solutions to several of the wireless carriers in the United States, including AT&T, T-Mobile and Verizon and three wireless carriers in Canada-Bell, Rogers and TELUS Mobility. Its ruggedized phones and accessories are sold through distributors in North America and Europe. Its devices and accessories connect users with voice, data, workflow and lifestyle applications that enhance the user experience while providing an extra level of protection. Its solutions include ultra-rugged mobile phones capable of connecting to both public and private wireless networks, industrial-grade accessories that meet specific application requirements and software applications and cloud-based tools that provide management and deployment services to its customers.

Industry: Telephone & Telegraph Apparatus Peers: Apple Inc. AstroNova, Inc. Boxlight Corp Movano Inc. Dror Ortho-Design, Inc. ONE STOP SYSTEMS, INC. SOCKET MOBILE, INC. TRANSACT TECHNOLOGIES INC VIDEO DISPLAY CORP