See more : Piraeus Port Authority S.A. (PPA.AT) Income Statement Analysis – Financial Results
Complete financial analysis of Sonim Technologies, Inc. (SONM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Sonim Technologies, Inc., a leading company in the Communication Equipment industry within the Technology sector.
- Repro India Limited (REPRO.NS) Income Statement Analysis – Financial Results
- Neffs Bancorp, Inc. PFD SER A (NEFBP) Income Statement Analysis – Financial Results
- Zhejiang Oceanking Development Co., Ltd. (603213.SS) Income Statement Analysis – Financial Results
- FD (MLFDV.PA) Income Statement Analysis – Financial Results
- Talon 1 Acquisition Corp. (TOACW) Income Statement Analysis – Financial Results
Sonim Technologies, Inc. (SONM)
About Sonim Technologies, Inc.
Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP8, Sonim XP5s, Sonim XP3, and Sonim XP3plus based on the Android platform that are capable of attaching to public and private wireless networks; industrial-grade accessories, including remote speaker microphones, multi-bay charging accessories, and in-vehicle hands-free voice communications solutions; and cloud-based software and application services. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells ruggedized phones, barcode scanners, and accessories through distribution channels in North America, South America, and Europe. The company serves transportation and logistics, construction, manufacturing, facilities management, energy and utility, and public sectors. The company was formerly known as NaviSpin.com, Inc. and changed its name to Sonim Technologies, Inc. in December 2001. Sonim Technologies, Inc. was incorporated in 1999 and is based in Austin, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 93.63M | 69.83M | 54.57M | 63.99M | 116.25M | 135.67M | 59.03M |
| Cost of Revenue | 74.31M | 58.21M | 48.16M | 48.78M | 81.74M | 87.58M | 38.72M |
| Gross Profit | 19.32M | 11.62M | 6.41M | 15.21M | 34.51M | 48.09M | 20.31M |
| Gross Profit Ratio | 20.64% | 16.65% | 11.75% | 23.77% | 29.68% | 35.45% | 34.41% |
| Research & Development | 1.77M | 7.97M | 17.70M | 16.22M | 26.06M | 23.25M | 13.01M |
| General & Administrative | 8.27M | 10.67M | 17.15M | 16.30M | 16.18M | 7.22M | 6.71M |
| Selling & Marketing | 8.77M | 7.27M | 9.57M | 10.41M | 13.91M | 12.23M | 7.36M |
| SG&A | 17.04M | 17.94M | 26.72M | 26.71M | 30.09M | 19.45M | 14.07M |
| Other Expenses | 0.00 | 484.00K | -459.00K | -434.00K | -543.00K | -565.00K | -335.00K |
| Operating Expenses | 18.81M | 25.91M | 44.42M | 42.93M | 56.15M | 42.70M | 27.08M |
| Cost & Expenses | 93.12M | 84.12M | 92.57M | 91.71M | 137.90M | 130.27M | 65.80M |
| Interest Income | 0.00 | 97.00K | 0.00 | 759.00K | 1.52M | 0.00 | 0.00 |
| Interest Expense | 15.00K | 97.00K | 0.00 | 759.00K | 1.52M | 1.83M | 820.00K |
| Depreciation & Amortization | 2.21M | 655.00K | 2.13M | 2.73M | 3.53M | 1.85M | 1.32M |
| EBITDA | 2.51M | -13.15M | -36.33M | -26.97M | -19.40M | 7.24M | -6.25M |
| EBITDA Ratio | 2.68% | -16.37% | -66.58% | -43.99% | -19.09% | 4.92% | -9.81% |
| Operating Income | 513.00K | -14.29M | -38.00M | -27.71M | -21.65M | 5.39M | -6.77M |
| Operating Income Ratio | 0.55% | -20.46% | -69.64% | -43.31% | -18.62% | 3.98% | -11.47% |
| Total Other Income/Expenses | -229.00K | 387.00K | -459.00K | -1.19M | -2.07M | -3.36M | -1.62M |
| Income Before Tax | 284.00K | -13.90M | -38.46M | -30.45M | -24.45M | 2.03M | -8.39M |
| Income Before Tax Ratio | 0.30% | -19.91% | -70.48% | -47.59% | -21.03% | 1.50% | -14.20% |
| Income Tax Expense | 374.00K | 184.00K | 167.00K | -521.00K | 1.39M | 754.00K | 134.00K |
| Net Income | -90.00K | -14.09M | -38.63M | -29.93M | -25.83M | 1.28M | -8.52M |
| Net Income Ratio | -0.10% | -20.17% | -70.78% | -46.77% | -22.22% | 0.94% | -14.43% |
| EPS | 0.00 | -0.49 | -4.08 | -6.48 | -13.89 | 0.65 | -4.37 |
| EPS Diluted | 0.00 | -0.49 | -4.08 | -6.48 | -13.89 | 0.65 | -4.37 |
| Weighted Avg Shares Out | 41.69M | 28.89M | 9.46M | 4.62M | 1.86M | 1.95M | 1.95M |
| Weighted Avg Shares Out (Dil) | 41.69M | 28.89M | 9.46M | 4.62M | 1.86M | 1.95M | 1.95M |
Sonim Reports Second Quarter 2024 Results, Begins New Product Releases into Large New Addressable Markets
Analysts Estimate Sonim (SONM) to Report a Decline in Earnings: What to Look Out for
Sonim Spot(TM) H500 5G Rugged Mobile Hotspot Now Available Across Canada
Sonim Spot H500: The Ultimate Rugged 5G Mobile Hotspot, Now Available Through UScellular
Sonim Technologies Unveils First Rugged 5G Mobile Hotspot: Setting a New Standard in Connectivity
Sonim Technologies to Present at the Sidoti Small Cap Conference on June 13, 2024
Sonim Technologies Announces TAA Compliant Manufacturing for New 5G Connected Solutions Portfolio
Equities Analysts Issue Forecasts for Sonim Technologies, Inc.’s Q2 2024 Earnings (NASDAQ:SONM)
Sonim Reports 25% Sequential Increase in Revenue, Continues Advancement into New Addressable Markets
Sonim Closes $3.85 Million Growth Capital Transaction Priced 126% Above Market
Source: https://incomestatements.info
Category: Stock Reports