Sonim Technologies Financials

SONM Stock  USD 3.31  0.02  0.60%   
Based on the key indicators related to Sonim Technologies' liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, Sonim Technologies may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Sonim Technologies' Cash And Short Term Investments are very stable compared to the past year. As of the 2nd of December 2024, Common Stock Total Equity is likely to grow to about 79.7 K, while Total Current Liabilities is likely to drop about 29.3 M. Key indicators impacting Sonim Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.221.3621
Moderately Down
Slightly volatile
The essential information of the day-to-day investment outlook for Sonim Technologies includes many different criteria found on its balance sheet. An individual investor should monitor Sonim Technologies' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sonim Technologies.

Net Income

(94,500)

  

Sonim Technologies Earnings Geography

Sonim Technologies Stock Summary

Sonim Technologies competes with Farmmi, and Sonnet Biotherapeutics. Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. Sonim Technologies, Inc. was incorporated in 1999 and is based in Austin, Texas. Sonim Technologies operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 77 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS83548F2002
CUSIP83548F101 83548F200 83548F309
LocationTexas; U.S.A
Business Address4445 Eastgate Mall,
SectorTechnology Hardware, Storage & Peripherals
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.sonimtech.com
Phone650 378 8100
CurrencyUSD - US Dollar

Sonim Technologies Key Financial Ratios

Sonim Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets55.5M50.3M41.1M53.7M56.0M48.8M
Accounts Payable7.2M8.9M9.5M21.1M19.8M14.6M
Cash11.3M22.1M11.2M13.2M9.4M11.3M
Other Assets6.7M3.9M4.9M9.8M11.3M11.9M
Long Term Debt13.2M362K185K66K59.4K56.4K
Other Current Assets1.8M7.0M4.2M1.8M1.6M2.5M
Total Liab29.9M21.9M22.5M33.6M33.7M34.0M
Common Stock20K66K19K41K43K30.2K
Other Current Liab10.3M10.2M9.9M9.3M10.7M8.7M
Other Liab2.0M1.2M1.4M1.6M1.4M1.5M
Net Tangible Assets25.5M28.4M18.6M20.0M23.1M24.2M
Net Debt(1.1M)(21.8M)(11.0M)(13M)(9.3M)(9.8M)
Retained Earnings(166.2M)(196.2M)(234.8M)(249.9M)(250.0M)(262.5M)
Net Receivables10.1M5.1M14.8M24.7M26.3M18.0M
Inventory19.5M11.3M5.5M3.9M6.5M8.9M
Net Invested Capital35.7M28.8M18.8M20.2M22.4M23.5M
Short Long Term Debt9.8M177K148K147K132.3K125.7K
Total Current Assets47.3M45.6M35.7M43.6M43.8M35.1M
Net Working Capital19.7M25.1M14.7M11.6M11.6M15.4M
Short Term Debt9.8M177K148K213K55K52.3K
Capital Stock20K66K19K41K43K37.4K

Sonim Technologies Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.5M759K459K97K15K14.3K
Total Revenue116.3M64.0M54.6M69.8M93.6M81.9M
Gross Profit34.5M15.2M6.4M11.6M19.3M15.7M
Cost Of Revenue81.7M48.8M48.2M58.2M74.3M60.4M
Tax Provision1.4M(521K)167K184K264K270.9K
Net Interest Income(1.5M)(759K)44K(97K)(12K)(12.6K)
Operating Income(21.6M)(27.7M)(38.0M)(14.3M)513K538.7K
Ebit(21.6M)(29.7M)(38.5M)(13.8M)299K314.0K
Research Development26.1M16.2M17.7M8.0M1.8M1.7M
Ebitda(22.2M)(27.0M)(36.3M)(13.2M)2.5M2.6M
Income Before Tax(24.4M)(30.5M)(38.5M)(13.9M)284K298.2K
Net Income(25.8M)(29.9M)(38.6M)(14.1M)(90K)(94.5K)
Income Tax Expense1.4M(521K)167K184K374K283.4K

Sonim Technologies Key Cash Accounts

201920202021202220232024 (projected)
Capital Expenditures1.4M11K46K8K36K34.2K
End Period Cash Flow11.3M22.1M11.2M13.2M9.4M12.2M
Change To Inventory(809K)7.5M4.2M1.6M(2.6M)(2.5M)
Investments(1.4M)(11K)(46K)(8K)(26K)(27.3K)
Change In Cash(1.8M)10.8M(10.9M)2.0M(3.8M)(3.6M)
Net Borrowings(3.7M)(4.1M)(148K)(67K)(60.3K)(63.3K)
Free Cash Flow(34.9M)(10.6M)(38.5M)(12.4M)(4.1M)(4.3M)
Depreciation3.5M2.7M2.1M2.4M2.2M2.5M
Other Non Cash Items3.3M1.5M2.3M(869K)644.0K1.1M
Net Income(25.8M)(29.9M)(38.6M)(14.1M)(90K)(94.5K)
Change To Netincome9.9M2.3M3.3M682K613.8K583.1K

Sonim Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sonim Technologies's current stock value. Our valuation model uses many indicators to compare Sonim Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sonim Technologies competition to find correlations between indicators driving Sonim Technologies's intrinsic value. More Info.
Sonim Technologies is currently regarded as top stock in return on equity category among its peers. It is rated fifth in return on asset category among its peers . At this time, Sonim Technologies' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sonim Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Sonim Technologies Systematic Risk

Sonim Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sonim Technologies 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 Sonim Technologies correlated with the market. If Beta is less than 0 Sonim Technologies generally moves in the opposite direction as compared to the market. If Sonim Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sonim Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sonim Technologies is generally in the same direction as the market. If Beta > 1 Sonim Technologies moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Sonim Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sonim Technologies' 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 Sonim Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

35.91

At this time, Sonim Technologies' Price Earnings To Growth Ratio is very stable compared to the past year.

Sonim Technologies December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sonim Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sonim Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sonim Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Sonim Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sonim Technologies's daily price indicators and compare them against related drivers.
When determining whether Sonim Technologies is a strong investment it is important to analyze Sonim Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sonim Technologies' future performance. For an informed investment choice regarding Sonim Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonim Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Technology Hardware, Storage & Peripherals 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 Sonim Technologies. If investors know Sonim 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 Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.90)
Revenue Per Share
15.959
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.12)
Return On Equity
(0.53)
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' 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 Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' 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 Sonim Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' 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.