Smith Micro Financials

SMSI Stock  USD 0.86  0.03  3.61%   
Based on the analysis of Smith Micro's profitability, liquidity, and operating efficiency, Smith Micro Software is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in January. As of now, Smith Micro's Net Receivables is increasing as compared to previous years. The Smith Micro's current Property Plant And Equipment Gross is estimated to increase to about 12.2 M, while Total Assets are projected to decrease to under 66.9 M. Key indicators impacting Smith Micro's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01870.0197
Notably Down
Slightly volatile
Current Ratio2.12.2088
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Smith Micro includes many different criteria found on its balance sheet. An individual investor should monitor Smith Micro's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Smith Micro.

Net Income

(23.18 Million)

  

Smith Micro Stock Summary

Smith Micro competes with OneSoft Solutions, BASE, Red Violet, Issuer Direct, and Adcore. Smith Micro Software, Inc. develops and sells software to enhance the mobile experience to wireless and cable service providers worldwide. The company was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania. Smith Micro operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 373 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8321542073
CUSIP832154207 832154108 832154405
LocationPennsylvania; U.S.A
Business Address5800 Corporate Drive,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.smithmicro.com
Phone412 837 5300
CurrencyUSD - US Dollar

Smith Micro Key Financial Ratios

Smith Micro Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets61.2M72.9M115.4M103.6M85.6M66.9M
Other Current Liab2.4M433K3.1M5.6M2.2M3.6M
Net Debt(21.3M)(19.5M)(10.2M)(602K)(3.9M)(4.1M)
Retained Earnings(225.4M)(221.2M)(252.3M)(281.6M)(305.9M)(290.7M)
Accounts Payable2.1M2.3M3.3M3.2M2.5M2.1M
Cash28.3M25.8M16.1M14.0M7.1M6.8M
Net Receivables10.9M12.3M10.6M10.5M7.9M9.7M
Other Current Assets802K2.4M4.0M2.0M1.8M1.3M
Total Liab12.5M14.2M14.8M27.2M10.2M9.3M
Total Current Assets40.0M39.3M28.7M26.5M16.9M16.0M
Intangible Assets4.5M12.7M42.6M36.3M29.5M31.0M
Other Assets328K8.6M620K490K563.5K535.3K
Common Stock38K41K54K56K75K78.8K
Other Liab1.0M1.0M961K3.5M4.0M2.2M
Net Tangible Assets36.4M33.8M22.9M5.0M4.5M4.3M
Capital Surpluse274.0M279.9M352.8M357.9M411.6M281.3M

Smith Micro Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense228K1.5M25.6M2.7M6.4M6.7M
Total Revenue43.3M51.3M58.4M48.5M40.9M42.5M
Gross Profit39.4M46.1M45.7M34.3M30.3M33.5M
Operating Income10.1M3.5M(5.2M)(30.9M)(18.1M)(17.2M)
Ebit11.2M(1.2M)(17.7M)(26.4M)(17.9M)(17.0M)
Ebitda11.4M3.5M(7.2M)(17.7M)(10.5M)(10.0M)
Cost Of Revenue3.9M5.2M12.7M14.2M10.6M9.0M
Income Before Tax10.8M4.3M(30.8M)(29.1M)(24.2M)(23.0M)
Net Income10.7M4.2M(31.0M)(29.3M)(24.4M)(23.2M)
Income Tax Expense80K160K215K226K158K150.1K
Research Development11.7M19.1M26.2M29.9M17.1M16.4M
Non Recurring(123K)173K194K19K17.1K16.2K
Tax Provision80K160K215K226K174K182.7K
Interest Income1.3M228K96K34K30.6K29.1K
Net Interest Income228K96K34K(2.7M)(7.5M)(7.1M)

Smith Micro Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(197K)417K1.9M16.3M18.8M19.7M
Change In Cash16.1M(2.5M)(9.7M)(2.1M)(6.9M)(6.6M)
Free Cash Flow8.3M6.6M(13.7M)(19.3M)(7.0M)(6.6M)
Depreciation1.3M3.6M9.3M7.6M7.4M7.8M
Other Non Cash Items815K358K13.9M(197K)5.6M6.4M
Capital Expenditures1.7M1.3M830K49K4K3.8K
Net Income10.7M4.2M(31.0M)(29.3M)(24.4M)(23.2M)
End Period Cash Flow28.3M25.8M16.1M14.0M7.1M6.8M
Investments(5.3M)(225K)(57.5M)115K172K180.6K
Change Receivables(3.8M)(1.3M)7.9M85K76.5K72.7K
Change To Netincome1.3M2.5M17.7M5.0M4.5M4.3M
Net Borrowings1.2M(3M)15.3M(1.2M)(1.4M)(1.3M)

Smith Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Smith Micro's current stock value. Our valuation model uses many indicators to compare Smith Micro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Smith Micro competition to find correlations between indicators driving Smith Micro's intrinsic value. More Info.
Smith Micro Software is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . As of now, Smith Micro's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Smith Micro's earnings, one of the primary drivers of an investment's value.

Smith Micro Software Systematic Risk

Smith Micro's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Smith Micro volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Smith Micro Software correlated with the market. If Beta is less than 0 Smith Micro generally moves in the opposite direction as compared to the market. If Smith Micro Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Smith Micro Software is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Smith Micro is generally in the same direction as the market. If Beta > 1 Smith Micro moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Smith Micro Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Smith Micro's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Smith Micro growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.073

As of now, Smith Micro's Price Earnings To Growth Ratio is decreasing as compared to previous years.

Smith Micro December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Smith Micro help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Smith Micro Software. We use our internally-developed statistical techniques to arrive at the intrinsic value of Smith Micro Software based on widely used predictive technical indicators. In general, we focus on analyzing Smith Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Smith Micro's daily price indicators and compare them against related drivers.

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When running Smith Micro's price analysis, check to measure Smith Micro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smith Micro is operating at the current time. Most of Smith Micro's value examination focuses on studying past and present price action to predict the probability of Smith Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Micro's price. Additionally, you may evaluate how the addition of Smith Micro to your portfolios can decrease your overall portfolio volatility.
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