Smith Gross Profit from 2010 to 2024

SMSI Stock  USD 0.86  0.03  3.61%   
Smith Micro's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is estimated to finish at about 33.5 M this year. Gross Profit is the profit Smith Micro Software makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1994-03-31
Previous Quarter
3.5 M
Current Value
3.3 M
Quarterly Volatility
6.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith Micro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Micro's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 6.7 M or Total Revenue of 42.5 M, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 7.0E-4 or PTB Ratio of 0.67. Smith financial statements analysis is a perfect complement when working with Smith Micro Valuation or Volatility modules.
  
Check out the analysis of Smith Micro Correlation against competitors.

Latest Smith Micro's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Smith Micro Software over the last few years. Gross profit is a required income statement account that reflects total revenue of Smith Micro Software minus its cost of goods sold. It is profit before Smith Micro operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Smith Micro's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smith Micro's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 34.3 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Smith Gross Profit Regression Statistics

Arithmetic Mean31,212,485
Geometric Mean28,765,824
Coefficient Of Variation34.78
Mean Deviation8,185,988
Median32,968,000
Standard Deviation10,855,736
Sample Variance117.8T
Range38.7M
R-Value0.33
Mean Square Error113.4T
R-Squared0.11
Significance0.24
Slope791,635
Total Sum of Squares1649.9T

Smith Gross Profit History

202433.5 M
202330.3 M
202234.3 M
202145.7 M
202046.1 M
201939.4 M
201822 M

Other Fundumenentals of Smith Micro Software

Smith Micro Gross Profit component correlations

0.99-0.2-0.490.910.70.670.530.520.810.690.170.8-0.350.020.74-0.040.520.660.850.390.74
0.99-0.21-0.460.870.670.560.510.430.820.70.160.8-0.350.060.750.00.550.70.860.430.77
-0.2-0.210.0-0.09-0.48-0.05-0.630.290.19-0.08-0.290.2-0.55-0.370.12-0.12-0.03-0.21-0.03-0.620.15
-0.49-0.460.0-0.54-0.27-0.470.02-0.32-0.57-0.610.29-0.590.560.8-0.670.76-0.64-0.6-0.59-0.29-0.62
0.910.87-0.09-0.540.770.80.590.520.660.550.330.66-0.3-0.090.58-0.110.330.430.660.210.57
0.70.67-0.48-0.270.770.60.920.220.230.420.610.180.110.280.150.110.110.290.310.340.18
0.670.56-0.05-0.470.80.60.450.780.460.350.210.5-0.22-0.220.4-0.260.180.210.470.050.34
0.530.51-0.630.020.590.920.450.05-0.050.150.77-0.060.350.54-0.070.4-0.080.070.070.28-0.06
0.520.430.29-0.320.520.220.780.050.570.4-0.080.59-0.5-0.250.46-0.220.180.310.5-0.150.45
0.810.820.19-0.570.660.230.46-0.050.570.74-0.310.96-0.64-0.330.87-0.310.630.750.950.280.89
0.690.7-0.08-0.610.550.420.350.150.40.74-0.060.65-0.51-0.270.68-0.380.410.690.690.210.81
0.170.16-0.290.290.330.610.210.77-0.08-0.31-0.06-0.360.420.55-0.410.59-0.52-0.42-0.36-0.31-0.32
0.80.80.2-0.590.660.180.5-0.060.590.960.65-0.36-0.66-0.350.95-0.330.720.740.960.290.92
-0.35-0.35-0.550.56-0.30.11-0.220.35-0.5-0.64-0.510.42-0.660.53-0.670.42-0.55-0.56-0.560.02-0.7
0.020.06-0.370.8-0.090.28-0.220.54-0.25-0.33-0.270.55-0.350.53-0.40.87-0.37-0.23-0.250.09-0.34
0.740.750.12-0.670.580.150.4-0.070.460.870.68-0.410.95-0.67-0.4-0.410.810.790.910.360.95
-0.040.0-0.120.76-0.110.11-0.260.4-0.22-0.31-0.380.59-0.330.420.87-0.41-0.36-0.36-0.32-0.16-0.35
0.520.55-0.03-0.640.330.110.18-0.080.180.630.41-0.520.72-0.55-0.370.81-0.360.790.750.610.71
0.660.7-0.21-0.60.430.290.210.070.310.750.69-0.420.74-0.56-0.230.79-0.360.790.850.70.78
0.850.86-0.03-0.590.660.310.470.070.50.950.69-0.360.96-0.56-0.250.91-0.320.750.850.540.89
0.390.43-0.62-0.290.210.340.050.28-0.150.280.21-0.310.290.020.090.36-0.160.610.70.540.29
0.740.770.15-0.620.570.180.34-0.060.450.890.81-0.320.92-0.7-0.340.95-0.350.710.780.890.29
Click cells to compare fundamentals

About Smith Micro Financial Statements

Investors use fundamental indicators, such as Smith Micro's Gross Profit, to determine how well the company is positioned to perform in the future. Although Smith Micro's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit30.3 M33.5 M
Gross Profit Margin 0.74  0.62 

Currently Active Assets on Macroaxis

When determining whether Smith Micro Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Micro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Micro Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Micro Software Stock:
Check out the analysis of Smith Micro Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Micro. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.84)
Earnings Share
(4.94)
Revenue Per Share
3.252
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.19)
The market value of Smith Micro Software is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Micro's value that differs from its market value or its book value, called intrinsic value, which is Smith Micro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Micro's market value can be influenced by many factors that don't directly affect Smith Micro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Micro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.