See more : Terns Pharmaceuticals, Inc. (TERN) 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.
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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 Technologies Inc. to Present at the LD Micro Main Event XVI
Sonim Hits Another Milestone: Tier-One Carrier in Australia Selects Premium Mobile Hotspot for 2024 Lineup
Sonim Gears for Dynamic Growth in 2024: New Customer Agreement Propels Launch of Premium-tier Mobile Hotspot
Sonim XP10 5G Smartphone: the Benchmark of Rugged Now Available for T-Mobile for Business Customers
Sonim Reports 125% Revenue Increase to $26.8 Million, Continued Profitability in Second Quarter 2023
Sonim Announces Strategic Expansion of Mobile Phone Portfolio for Broader Market Segment; Available from 2024
Sonim Enters Next Chapter of Accelerated Growth and Expansion with New Category of Data Devices
Simon Rayne Appointed as Sonim Technologies' Senior Vice President and General Manager for UK, EMEA, and APAC
Sonim Technologies to Present at the Sidoti Virtual Investor Conference August 16
Sonim Technologies Launches XP10 Smartphone with Verizon
Source: https://incomestatements.info
Category: Stock Reports