Sonim Technologies, Inc. (SONM) 10-Year Financial Performance & Capital Metrics

SONM • • Industrial / General

TechnologyCommunication EquipmentSpecialized Communication EquipmentRugged Mobile Communications

AboutSonim 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.Show more

Revenue $58M -37.7%
EBITDA -$30M -1206.4%
Net Income -$34M -37286.7%
EPS (Diluted) -7.13 -33852.4%
Gross Margin 17.02% -17.6%
EBITDA Margin -51.6% -1876.9%
Operating Margin -57.7% -10631.4%
Net Margin -57.72% -59959.5%
ROE -403.74% -95032.8%
ROIC -2544.55% -66469.9%
Debt/Equity -
Interest Coverage -1159.97 -3491.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Negative free cash flow
✗Weak momentum: RS Rating 2 (bottom 2%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 12.9% over 5 years
✗Shares diluted 10.0% in last year

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-12.89%

3Y2.23%

TTM4.17%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-149.38%

EPS CAGR

10Y-

5Y-

3Y-

TTM-244.69%

ROCE

10Y Avg-126.03%

5Y Avg-131.6%

3Y Avg-134.8%

Latest-338.17%

Peer Comparison

Rugged Mobile Communications

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SONMSonim Technologies, Inc.	5.88M	3.95	-0.55	-37.74%	-56.48%	-403.74%
SYNXSilynxcom Ltd.	7.36M	1.11	-2.47	19.14%	-30.88%	-93.13%		0.16

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	59.03M	135.66M	116.25M	63.99M	54.57M	69.83M	93.63M	58.3M
Revenue Growth %	-	1.3%	-0.14%	-0.45%	-0.15%	0.28%	0.34%	-0.38%
Cost of Goods Sold+	38.72M	87.58M	81.74M	48.78M	48.16M	58.2M	74.31M	48.38M
COGS % of Revenue	0.66%	0.65%	0.7%	0.76%	0.88%	0.83%	0.79%	0.83%
Gross Profit+	20.31M	48.09M	34.51M	15.21M	6.41M	11.62M	19.32M	9.92M
Gross Margin %	0.34%	0.35%	0.3%	0.24%	0.12%	0.17%	0.21%	0.17%
Gross Profit Growth %	-	1.37%	-0.28%	-0.56%	-0.58%	0.81%	0.66%	-0.49%
Operating Expenses+	27.08M	42.7M	56.89M	44.47M	44.41M	25.91M	18.81M	43.56M
OpEx % of Revenue	0.46%	0.31%	0.49%	0.69%	0.81%	0.37%	0.2%	0.75%
Selling, General & Admin	14.07M	19.45M	30.09M	26.71M	26.72M	17.94M	17.04M	25.35M
SG&A % of Revenue	0.24%	0.14%	0.26%	0.42%	0.49%	0.26%	0.18%	0.43%
Research & Development	13.01M	23.25M	26.06M	16.22M	17.7M	7.97M	1.77M	14.23M
R&D % of Revenue	0.22%	0.17%	0.22%	0.25%	0.32%	0.11%	0.02%	0.24%
Other Operating Expenses	0	0	736K	1.55M	0	0	0	3.98M
Operating Income+	-6.77M	5.39M	-22.38M	-29.26M	-38M	-14.29M	513K	-33.64M
Operating Margin %	-0.11%	0.04%	-0.19%	-0.46%	-0.7%	-0.2%	0.01%	-0.58%
Operating Income Growth %	-	1.8%	-5.15%	-0.31%	-0.3%	0.62%	1.04%	-66.57%
EBITDA+	-5.45M	7.24M	-18.86M	-26.53M	-35.87M	-11.91M	2.72M	-30.08M
EBITDA Margin %	-0.09%	0.05%	-0.16%	-0.41%	-0.66%	-0.17%	0.03%	-0.52%
EBITDA Growth %	-	2.33%	-3.6%	-0.41%	-0.35%	0.67%	1.23%	-12.06%
D&A (Non-Cash Add-back)	1.32M	1.85M	3.52M	2.73M	2.13M	2.38M	2.21M	3.56M
EBIT	-7.57M	3.86M	-22.92M	-29.69M	-38.46M	-13.81M	299K	-33.39M
Net Interest Income+	-820K	-1.83M	-1.52M	-759K	0	-97K	-15K	-29K
Interest Income	0	0	0	0	0	0	0	0
Interest Expense	820K	1.83M	1.52M	759K	0	97K	15K	29K
Other Income/Expense	-1.61M	-3.36M	-2.06M	-1.19M	-459K	387K	-229K	217K
Pretax Income+	-8.38M	2.03M	-24.45M	-30.45M	-38.46M	-13.9M	284K	-33.42M
Pretax Margin %	-0.14%	0.01%	-0.21%	-0.48%	-0.7%	-0.2%	0%	-0.57%
Income Tax+	134K	754K	1.39M	-521K	167K	184K	374K	226K
Effective Tax Rate %	1.02%	0.63%	1.06%	0.98%	1%	1.01%	-0.32%	1.01%
Net Income+	-8.52M	1.28M	-25.83M	-29.93M	-38.63M	-14.09M	-90K	-33.65M
Net Margin %	-0.14%	0.01%	-0.22%	-0.47%	-0.71%	-0.2%	-0%	-0.58%
Net Income Growth %	-	1.15%	-21.23%	-0.16%	-0.29%	0.64%	0.99%	-372.87%
Net Income (Continuing)	-8.52M	1.28M	-25.83M	-29.93M	-38.63M	-14.09M	-90K	-33.65M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	-1495.71	-257.45	-138.87	-64.78	-40.81	-4.88	-0.02	-7.13
EPS Growth %	-	0.83%	0.46%	0.53%	0.37%	0.88%	1%	-338.52%
EPS (Basic)	-1495.71	-257.45	-138.87	-64.78	-40.81	-4.88	-0.02	-7.13
Diluted Shares Outstanding	10.27K	34.47K	186.04K	462.09K	946.46K	2.89M	4.29M	4.72M
Basic Shares Outstanding	5.7K	4.96K	186.04K	462.09K	946.46K	2.89M	4.29M	4.72M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	27.37M	63.87M	47.34M	45.57M	35.69M	43.63M	43.79M	32.16M
Cash & Short-Term Investments	1.58M	13.05M	11.3M	22.14M	11.23M	13.21M	9.4M	5.34M
Cash Only	1.58M	13.05M	11.3M	22.14M	11.23M	13.21M	9.4M	5.34M
Short-Term Investments	0	0	0	0	0	0	0	0
Accounts Receivable	12.16M	21.44M	11.46M	5.11M	14.75M	24.75M	26.27M	11.64M
Days Sales Outstanding	75.21	57.68	35.98	29.17	98.66	129.36	102.39	72.87
Inventory	8.98M	21.83M	19.53M	11.34M	5.54M	3.91M	6.52M	10.62M
Days Inventory Outstanding	84.69	90.99	87.21	84.88	42.02	24.52	32.01	80.13
Other Current Assets	3.98M	5.82M	2.73M	2.81M	2.53M	770K	935K	4.56M
Total Non-Current Assets+	2.88M	3.48M	8.12M	4.74M	5.4M	10.05M	12.26M	7.57M
Property, Plant & Equipment	724K	1.07M	1.44M	843K	534K	234K	126K	227K
Fixed Asset Turnover	81.53x	126.67x	80.62x	75.91x	102.19x	298.41x	743.11x	256.82x
Goodwill	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0
Other Non-Current Assets	2.16M	2.41M	6.68M	3.9M	4.87M	9.82M	12.13M	7.35M
Total Assets+	30.25M	67.34M	55.46M	50.31M	41.09M	53.69M	56.04M	39.74M
Asset Turnover	1.95x	2.01x	2.10x	1.27x	1.33x	1.30x	1.67x	1.47x
Asset Growth %	-	1.23%	-0.18%	-0.09%	-0.18%	0.31%	0.04%	-0.29%
Total Current Liabilities+	28.03M	48.2M	27.61M	20.47M	20.98M	32.06M	32.15M	43.74M
Accounts Payable	11.25M	27.3M	7.23M	8.86M	9.47M	22.09M	19.85M	22.85M
Days Payables Outstanding	106.04	113.76	32.3	66.26	71.8	138.51	97.49	172.38
Short-Term Debt	3.13M	301K	9.82M	177K	148K	147K	0	0
Deferred Revenue (Current)	1000K	1000K	291K	5K	11K	31K	12K	0
Other Current Liabilities	7.49M	13.3M	8.39M	9.16M	9.46M	5.5M	10.03M	13.67M
Current Ratio	0.98x	1.33x	1.71x	2.23x	1.70x	1.36x	1.36x	0.74x
Quick Ratio	0.66x	0.87x	1.01x	1.67x	1.44x	1.24x	1.16x	0.49x
Cash Conversion Cycle	53.85	34.91	90.88	47.79	68.88	15.37	36.91	-19.38
Total Non-Current Liabilities+	11.73M	14.02M	2.32M	1.43M	1.48M	1.58M	1.53M	1.7M
Long-Term Debt	7.55M	13.21M	362K	185K	66K	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	4.18M	807K	1.96M	1.24M	1.41M	1.58M	1.53M	1.7M
Total Liabilities	39.76M	62.22M	29.93M	21.9M	22.46M	33.64M	33.67M	45.44M
Total Debt+	10.69M	13.51M	10.18M	362K	214K	213K	55K	0
Net Debt	9.1M	461K	-1.11M	-21.78M	-11.02M	-13M	-9.34M	-5.34M
Debt / Equity	-	2.63x	0.40x	0.01x	0.01x	0.01x	0.00x	-
Debt / EBITDA	-	1.86x	-	-	-	-	0.02x	-
Net Debt / EBITDA	-	0.06x	-	-	-	-	-3.44x	-
Interest Coverage	-8.26x	2.95x	-14.70x	-38.55x	-	-147.32x	34.20x	-1159.97x
Total Equity+	-9.51M	5.13M	25.52M	28.41M	18.63M	20.05M	22.37M	-5.7M
Equity Growth %	-	1.54%	3.98%	0.11%	-0.34%	0.08%	0.12%	-1.25%
Book Value per Share	-926.75	148.78	137.20	61.48	19.68	6.94	5.22	-1.21
Total Shareholders' Equity	-9.51M	5.13M	25.52M	28.41M	18.63M	20.05M	22.37M	-5.7M
Common Stock	1K	15K	20K	66K	19K	41K	43K	5K
Retained Earnings	-144.8M	-143.53M	-166.25M	-196.18M	-234.81M	-249.87M	-249.96M	-283.61M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-8.91M	3.86M	-33.52M	-10.56M	-38.48M	-12.36M	-4.05M	-8.49M
Operating CF Margin %	-0.15%	0.03%	-0.29%	-0.17%	-0.71%	-0.18%	-0.04%	-0.15%
Operating CF Growth %	-	1.43%	-9.68%	0.68%	-2.64%	0.68%	0.67%	-1.09%
Net Income	-8.52M	1.28M	-25.83M	-29.93M	-38.63M	-14.09M	-90K	-33.65M
Depreciation & Amortization	1.32M	1.85M	3.52M	2.73M	2.13M	2.38M	2.21M	3.54M
Stock-Based Compensation	104K	252K	6.31M	1.09M	1.08M	1.55M	1.5M	1.52M
Deferred Taxes	-284K	140K	109K	21K	-35K	0	0	0
Other Non-Cash Items	928K	1.47M	3.25M	1.5M	2.27M	-869K	644K	9.79M
Working Capital Changes	-2.45M	-1.13M	-20.88M	14.04M	-5.3M	-1.33M	-8.31M	10.3M
Change in Receivables	-3.67M	-8.06M	8.75M	5.46M	-7.52M	-11.63M	-1.72M	-6.11M
Change in Inventory	3.37M	-12.85M	-809K	7.49M	4.18M	1.63M	-2.61M	-4.99M
Change in Payables	-3.35M	16.05M	-20.07M	1.49M	617K	11.65M	-1.28M	14.31M
Cash from Investing+	-999K	-2.54M	-1.36M	-11K	-46K	-8K	-36K	-214K
Capital Expenditures	-1.17M	-2.54M	-1.36M	-11K	-46K	-8K	-36K	-214K
CapEx % of Revenue	0.02%	0.02%	0.01%	0%	0%	0%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0
Cash from Financing+	4.42M	10.15M	33.13M	21.41M	27.61M	14.35M	272K	4.65M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	-170K	-5K	-1.65M	-6K	60K	0	0	48K
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-10.08M	1.32M	-34.88M	-10.57M	-38.52M	-12.37M	-4.09M	-8.7M
FCF Margin %	-0.17%	0.01%	-0.3%	-0.17%	-0.71%	-0.18%	-0.04%	-0.15%
FCF Growth %	-	1.13%	-27.5%	0.7%	-2.64%	0.68%	0.67%	-1.13%
FCF per Share	-981.88	38.17	-187.49	-22.88	-40.70	-4.28	-0.95	-1.84
FCF Conversion (FCF/Net Income)	1.05x	3.02x	1.30x	0.35x	1.00x	0.88x	45.02x	0.25x
Interest Paid	306K	546K	1.04M	260K	0	97K	15K	29K
Taxes Paid	198K	259K	273K	76K	87K	151K	42K	134K

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	24.9%	-168.55%	-110.99%	-164.23%	-72.85%	-0.42%	-403.74%
Return on Invested Capital (ROIC)	-	156.2%	-111.91%	-141.39%	-400.24%	-146.25%	3.83%	-2544.55%
Gross Margin	34.41%	35.45%	29.68%	23.77%	11.75%	16.65%	20.64%	17.02%
Net Margin	-14.43%	0.94%	-22.22%	-46.77%	-70.78%	-20.17%	-0.1%	-57.72%
Debt / Equity	-	2.63x	0.40x	0.01x	0.01x	0.01x	0.00x	-
Interest Coverage	-8.26x	2.95x	-14.70x	-38.55x	-	-147.32x	34.20x	-1159.97x
FCF Conversion	1.05x	3.02x	1.30x	0.35x	1.00x	0.88x	45.02x	0.25x
Revenue Growth	-	129.82%	-14.31%	-44.95%	-14.72%	27.96%	34.09%	-37.74%

Revenue by Segment

	2019	2020	2021	2022	2023	2024
Smartphones	57.98M	25.88M	14.79M	17.76M	31.41M	26.3M
Smartphones Growth	-	-55.36%	-42.84%	20.07%	76.83%	-16.27%
Feature Phones	52.71M	35.33M	37.72M	21.25M	15.77M	20.46M
Feature Phones Growth	-	-32.97%	6.77%	-43.66%	-25.82%	29.81%
Connected Solutions	-	-	-	-	-	3.43M
Connected Solutions Growth	-	-	-	-	-	-
Accessories and Other	-	-	-	-	-	729K
Accessories and Other Growth	-	-	-	-	-	-
Accessories And Other	5.56M	2.78M	2.05M	-	-	-
Accessories And Other Growth	-	-49.96%	-26.15%	-	-	-

Revenue by Geography

	2019	2020	2021	2022	2023	2024
UNITED STATES	90.6M	46.11M	42.36M	29.44M	33.18M	39.73M
UNITED STATES Growth	-	-49.11%	-8.14%	-30.48%	12.69%	19.73%
CANADA	-	-	-	-	-	9.1M
CANADA Growth	-	-	-	-	-	-
Asia Pacific	2.95M	1.68M	1.67M	30.21M	45.58M	8.83M
Asia Pacific Growth	-	-43.01%	-0.48%	1707.72%	50.90%	-80.63%
Europe and Middle East	-	-	-	-	4.3M	642K
Europe and Middle East Growth	-	-	-	-	-	-85.07%
Canada and Latin America	-	-	-	-	10.57M	-
Canada and Latin America Growth	-	-	-	-	-	-
Canada And Latin America	17.4M	14.23M	9.4M	8.97M	-	-
Canada And Latin America Growth	-	-18.23%	-33.93%	-4.53%	-	-
Europe And Middle East	5.31M	1.98M	1.14M	1.2M	-	-
Europe And Middle East Growth	-	-62.74%	-42.26%	5.25%	-	-

Frequently Asked Questions

Growth & Financials

Sonim Technologies, Inc. (SONM) reported $59.1M in revenue for fiscal year 2024. This represents a 0% increase from $59.0M in 2017.

Sonim Technologies, Inc. (SONM) saw revenue decline by 37.7% over the past year.

Sonim Technologies, Inc. (SONM) reported a net loss of $33.4M for fiscal year 2024.

Dividend & Returns

Sonim Technologies, Inc. (SONM) has a return on equity (ROE) of -403.7%. Negative ROE indicates the company is unprofitable.

Sonim Technologies, Inc. (SONM) had negative free cash flow of $26.0M in fiscal year 2024, likely due to heavy capital investments.

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Sonim Technologies, Inc. (SONM) 10-Year Financial Performance & Capital Metrics

SONM • • Industrial / General

TechnologyCommunication EquipmentSpecialized Communication EquipmentRugged Mobile Communications

Revenue $58M -37.7%
EBITDA -$30M -1206.4%
Net Income -$34M -37286.7%
EPS (Diluted) -7.13 -33852.4%
Gross Margin 17.02% -17.6%
EBITDA Margin -51.6% -1876.9%
Operating Margin -57.7% -10631.4%
Net Margin -57.72% -59959.5%
ROE -403.74% -95032.8%
ROIC -2544.55% -66469.9%
Debt/Equity -
Interest Coverage -1159.97 -3491.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Negative free cash flow
✗Weak momentum: RS Rating 2 (bottom 2%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 12.9% over 5 years
✗Shares diluted 10.0% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-12.89%

3Y2.23%

TTM4.17%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-149.38%

EPS CAGR

10Y-

5Y-

3Y-

TTM-244.69%

ROCE

10Y Avg-126.03%

5Y Avg-131.6%

3Y Avg-134.8%

Latest-338.17%

Peer Comparison

Rugged Mobile Communications

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SONMSonim Technologies, Inc.	5.88M	3.95	-0.55	-37.74%	-56.48%	-403.74%
SYNXSilynxcom Ltd.	7.36M	1.11	-2.47	19.14%	-30.88%	-93.13%		0.16

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	59.03M	135.66M	116.25M	63.99M	54.57M	69.83M	93.63M	58.3M
Revenue Growth %	-	1.3%	-0.14%	-0.45%	-0.15%	0.28%	0.34%	-0.38%
Cost of Goods Sold+	38.72M	87.58M	81.74M	48.78M	48.16M	58.2M	74.31M	48.38M
COGS % of Revenue	0.66%	0.65%	0.7%	0.76%	0.88%	0.83%	0.79%	0.83%
Gross Profit+	20.31M	48.09M	34.51M	15.21M	6.41M	11.62M	19.32M	9.92M
Gross Margin %	0.34%	0.35%	0.3%	0.24%	0.12%	0.17%	0.21%	0.17%
Gross Profit Growth %	-	1.37%	-0.28%	-0.56%	-0.58%	0.81%	0.66%	-0.49%
Operating Expenses+	27.08M	42.7M	56.89M	44.47M	44.41M	25.91M	18.81M	43.56M
OpEx % of Revenue	0.46%	0.31%	0.49%	0.69%	0.81%	0.37%	0.2%	0.75%
Selling, General & Admin	14.07M	19.45M	30.09M	26.71M	26.72M	17.94M	17.04M	25.35M
SG&A % of Revenue	0.24%	0.14%	0.26%	0.42%	0.49%	0.26%	0.18%	0.43%
Research & Development	13.01M	23.25M	26.06M	16.22M	17.7M	7.97M	1.77M	14.23M
R&D % of Revenue	0.22%	0.17%	0.22%	0.25%	0.32%	0.11%	0.02%	0.24%
Other Operating Expenses	0	0	736K	1.55M	0	0	0	3.98M
Operating Income+	-6.77M	5.39M	-22.38M	-29.26M	-38M	-14.29M	513K	-33.64M
Operating Margin %	-0.11%	0.04%	-0.19%	-0.46%	-0.7%	-0.2%	0.01%	-0.58%
Operating Income Growth %	-	1.8%	-5.15%	-0.31%	-0.3%	0.62%	1.04%	-66.57%
EBITDA+	-5.45M	7.24M	-18.86M	-26.53M	-35.87M	-11.91M	2.72M	-30.08M
EBITDA Margin %	-0.09%	0.05%	-0.16%	-0.41%	-0.66%	-0.17%	0.03%	-0.52%
EBITDA Growth %	-	2.33%	-3.6%	-0.41%	-0.35%	0.67%	1.23%	-12.06%
D&A (Non-Cash Add-back)	1.32M	1.85M	3.52M	2.73M	2.13M	2.38M	2.21M	3.56M
EBIT	-7.57M	3.86M	-22.92M	-29.69M	-38.46M	-13.81M	299K	-33.39M
Net Interest Income+	-820K	-1.83M	-1.52M	-759K	0	-97K	-15K	-29K
Interest Income	0	0	0	0	0	0	0	0
Interest Expense	820K	1.83M	1.52M	759K	0	97K	15K	29K
Other Income/Expense	-1.61M	-3.36M	-2.06M	-1.19M	-459K	387K	-229K	217K
Pretax Income+	-8.38M	2.03M	-24.45M	-30.45M	-38.46M	-13.9M	284K	-33.42M
Pretax Margin %	-0.14%	0.01%	-0.21%	-0.48%	-0.7%	-0.2%	0%	-0.57%
Income Tax+	134K	754K	1.39M	-521K	167K	184K	374K	226K
Effective Tax Rate %	1.02%	0.63%	1.06%	0.98%	1%	1.01%	-0.32%	1.01%
Net Income+	-8.52M	1.28M	-25.83M	-29.93M	-38.63M	-14.09M	-90K	-33.65M
Net Margin %	-0.14%	0.01%	-0.22%	-0.47%	-0.71%	-0.2%	-0%	-0.58%
Net Income Growth %	-	1.15%	-21.23%	-0.16%	-0.29%	0.64%	0.99%	-372.87%
Net Income (Continuing)	-8.52M	1.28M	-25.83M	-29.93M	-38.63M	-14.09M	-90K	-33.65M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	-1495.71	-257.45	-138.87	-64.78	-40.81	-4.88	-0.02	-7.13
EPS Growth %	-	0.83%	0.46%	0.53%	0.37%	0.88%	1%	-338.52%
EPS (Basic)	-1495.71	-257.45	-138.87	-64.78	-40.81	-4.88	-0.02	-7.13
Diluted Shares Outstanding	10.27K	34.47K	186.04K	462.09K	946.46K	2.89M	4.29M	4.72M
Basic Shares Outstanding	5.7K	4.96K	186.04K	462.09K	946.46K	2.89M	4.29M	4.72M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	27.37M	63.87M	47.34M	45.57M	35.69M	43.63M	43.79M	32.16M
Cash & Short-Term Investments	1.58M	13.05M	11.3M	22.14M	11.23M	13.21M	9.4M	5.34M
Cash Only	1.58M	13.05M	11.3M	22.14M	11.23M	13.21M	9.4M	5.34M
Short-Term Investments	0	0	0	0	0	0	0	0
Accounts Receivable	12.16M	21.44M	11.46M	5.11M	14.75M	24.75M	26.27M	11.64M
Days Sales Outstanding	75.21	57.68	35.98	29.17	98.66	129.36	102.39	72.87
Inventory	8.98M	21.83M	19.53M	11.34M	5.54M	3.91M	6.52M	10.62M
Days Inventory Outstanding	84.69	90.99	87.21	84.88	42.02	24.52	32.01	80.13
Other Current Assets	3.98M	5.82M	2.73M	2.81M	2.53M	770K	935K	4.56M
Total Non-Current Assets+	2.88M	3.48M	8.12M	4.74M	5.4M	10.05M	12.26M	7.57M
Property, Plant & Equipment	724K	1.07M	1.44M	843K	534K	234K	126K	227K
Fixed Asset Turnover	81.53x	126.67x	80.62x	75.91x	102.19x	298.41x	743.11x	256.82x
Goodwill	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0
Other Non-Current Assets	2.16M	2.41M	6.68M	3.9M	4.87M	9.82M	12.13M	7.35M
Total Assets+	30.25M	67.34M	55.46M	50.31M	41.09M	53.69M	56.04M	39.74M
Asset Turnover	1.95x	2.01x	2.10x	1.27x	1.33x	1.30x	1.67x	1.47x
Asset Growth %	-	1.23%	-0.18%	-0.09%	-0.18%	0.31%	0.04%	-0.29%
Total Current Liabilities+	28.03M	48.2M	27.61M	20.47M	20.98M	32.06M	32.15M	43.74M
Accounts Payable	11.25M	27.3M	7.23M	8.86M	9.47M	22.09M	19.85M	22.85M
Days Payables Outstanding	106.04	113.76	32.3	66.26	71.8	138.51	97.49	172.38
Short-Term Debt	3.13M	301K	9.82M	177K	148K	147K	0	0
Deferred Revenue (Current)	1000K	1000K	291K	5K	11K	31K	12K	0
Other Current Liabilities	7.49M	13.3M	8.39M	9.16M	9.46M	5.5M	10.03M	13.67M
Current Ratio	0.98x	1.33x	1.71x	2.23x	1.70x	1.36x	1.36x	0.74x
Quick Ratio	0.66x	0.87x	1.01x	1.67x	1.44x	1.24x	1.16x	0.49x
Cash Conversion Cycle	53.85	34.91	90.88	47.79	68.88	15.37	36.91	-19.38
Total Non-Current Liabilities+	11.73M	14.02M	2.32M	1.43M	1.48M	1.58M	1.53M	1.7M
Long-Term Debt	7.55M	13.21M	362K	185K	66K	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	4.18M	807K	1.96M	1.24M	1.41M	1.58M	1.53M	1.7M
Total Liabilities	39.76M	62.22M	29.93M	21.9M	22.46M	33.64M	33.67M	45.44M
Total Debt+	10.69M	13.51M	10.18M	362K	214K	213K	55K	0
Net Debt	9.1M	461K	-1.11M	-21.78M	-11.02M	-13M	-9.34M	-5.34M
Debt / Equity	-	2.63x	0.40x	0.01x	0.01x	0.01x	0.00x	-
Debt / EBITDA	-	1.86x	-	-	-	-	0.02x	-
Net Debt / EBITDA	-	0.06x	-	-	-	-	-3.44x	-
Interest Coverage	-8.26x	2.95x	-14.70x	-38.55x	-	-147.32x	34.20x	-1159.97x
Total Equity+	-9.51M	5.13M	25.52M	28.41M	18.63M	20.05M	22.37M	-5.7M
Equity Growth %	-	1.54%	3.98%	0.11%	-0.34%	0.08%	0.12%	-1.25%
Book Value per Share	-926.75	148.78	137.20	61.48	19.68	6.94	5.22	-1.21
Total Shareholders' Equity	-9.51M	5.13M	25.52M	28.41M	18.63M	20.05M	22.37M	-5.7M
Common Stock	1K	15K	20K	66K	19K	41K	43K	5K
Retained Earnings	-144.8M	-143.53M	-166.25M	-196.18M	-234.81M	-249.87M	-249.96M	-283.61M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-8.91M	3.86M	-33.52M	-10.56M	-38.48M	-12.36M	-4.05M	-8.49M
Operating CF Margin %	-0.15%	0.03%	-0.29%	-0.17%	-0.71%	-0.18%	-0.04%	-0.15%
Operating CF Growth %	-	1.43%	-9.68%	0.68%	-2.64%	0.68%	0.67%	-1.09%
Net Income	-8.52M	1.28M	-25.83M	-29.93M	-38.63M	-14.09M	-90K	-33.65M
Depreciation & Amortization	1.32M	1.85M	3.52M	2.73M	2.13M	2.38M	2.21M	3.54M
Stock-Based Compensation	104K	252K	6.31M	1.09M	1.08M	1.55M	1.5M	1.52M
Deferred Taxes	-284K	140K	109K	21K	-35K	0	0	0
Other Non-Cash Items	928K	1.47M	3.25M	1.5M	2.27M	-869K	644K	9.79M
Working Capital Changes	-2.45M	-1.13M	-20.88M	14.04M	-5.3M	-1.33M	-8.31M	10.3M
Change in Receivables	-3.67M	-8.06M	8.75M	5.46M	-7.52M	-11.63M	-1.72M	-6.11M
Change in Inventory	3.37M	-12.85M	-809K	7.49M	4.18M	1.63M	-2.61M	-4.99M
Change in Payables	-3.35M	16.05M	-20.07M	1.49M	617K	11.65M	-1.28M	14.31M
Cash from Investing+	-999K	-2.54M	-1.36M	-11K	-46K	-8K	-36K	-214K
Capital Expenditures	-1.17M	-2.54M	-1.36M	-11K	-46K	-8K	-36K	-214K
CapEx % of Revenue	0.02%	0.02%	0.01%	0%	0%	0%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0
Cash from Financing+	4.42M	10.15M	33.13M	21.41M	27.61M	14.35M	272K	4.65M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	-170K	-5K	-1.65M	-6K	60K	0	0	48K
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-10.08M	1.32M	-34.88M	-10.57M	-38.52M	-12.37M	-4.09M	-8.7M
FCF Margin %	-0.17%	0.01%	-0.3%	-0.17%	-0.71%	-0.18%	-0.04%	-0.15%
FCF Growth %	-	1.13%	-27.5%	0.7%	-2.64%	0.68%	0.67%	-1.13%
FCF per Share	-981.88	38.17	-187.49	-22.88	-40.70	-4.28	-0.95	-1.84
FCF Conversion (FCF/Net Income)	1.05x	3.02x	1.30x	0.35x	1.00x	0.88x	45.02x	0.25x
Interest Paid	306K	546K	1.04M	260K	0	97K	15K	29K
Taxes Paid	198K	259K	273K	76K	87K	151K	42K	134K

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	24.9%	-168.55%	-110.99%	-164.23%	-72.85%	-0.42%	-403.74%
Return on Invested Capital (ROIC)	-	156.2%	-111.91%	-141.39%	-400.24%	-146.25%	3.83%	-2544.55%
Gross Margin	34.41%	35.45%	29.68%	23.77%	11.75%	16.65%	20.64%	17.02%
Net Margin	-14.43%	0.94%	-22.22%	-46.77%	-70.78%	-20.17%	-0.1%	-57.72%
Debt / Equity	-	2.63x	0.40x	0.01x	0.01x	0.01x	0.00x	-
Interest Coverage	-8.26x	2.95x	-14.70x	-38.55x	-	-147.32x	34.20x	-1159.97x
FCF Conversion	1.05x	3.02x	1.30x	0.35x	1.00x	0.88x	45.02x	0.25x
Revenue Growth	-	129.82%	-14.31%	-44.95%	-14.72%	27.96%	34.09%	-37.74%

Revenue by Segment

	2019	2020	2021	2022	2023	2024
Smartphones	57.98M	25.88M	14.79M	17.76M	31.41M	26.3M
Smartphones Growth	-	-55.36%	-42.84%	20.07%	76.83%	-16.27%
Feature Phones	52.71M	35.33M	37.72M	21.25M	15.77M	20.46M
Feature Phones Growth	-	-32.97%	6.77%	-43.66%	-25.82%	29.81%
Connected Solutions	-	-	-	-	-	3.43M
Connected Solutions Growth	-	-	-	-	-	-
Accessories and Other	-	-	-	-	-	729K
Accessories and Other Growth	-	-	-	-	-	-
Accessories And Other	5.56M	2.78M	2.05M	-	-	-
Accessories And Other Growth	-	-49.96%	-26.15%	-	-	-

Revenue by Geography

	2019	2020	2021	2022	2023	2024
UNITED STATES	90.6M	46.11M	42.36M	29.44M	33.18M	39.73M
UNITED STATES Growth	-	-49.11%	-8.14%	-30.48%	12.69%	19.73%
CANADA	-	-	-	-	-	9.1M
CANADA Growth	-	-	-	-	-	-
Asia Pacific	2.95M	1.68M	1.67M	30.21M	45.58M	8.83M
Asia Pacific Growth	-	-43.01%	-0.48%	1707.72%	50.90%	-80.63%
Europe and Middle East	-	-	-	-	4.3M	642K
Europe and Middle East Growth	-	-	-	-	-	-85.07%
Canada and Latin America	-	-	-	-	10.57M	-
Canada and Latin America Growth	-	-	-	-	-	-
Canada And Latin America	17.4M	14.23M	9.4M	8.97M	-	-
Canada And Latin America Growth	-	-18.23%	-33.93%	-4.53%	-	-
Europe And Middle East	5.31M	1.98M	1.14M	1.2M	-	-
Europe And Middle East Growth	-	-62.74%	-42.26%	5.25%	-	-

Frequently Asked Questions

Growth & Financials

Sonim Technologies, Inc. (SONM) reported $59.1M in revenue for fiscal year 2024. This represents a 0% increase from $59.0M in 2017.

Sonim Technologies, Inc. (SONM) saw revenue decline by 37.7% over the past year.

Sonim Technologies, Inc. (SONM) reported a net loss of $33.4M for fiscal year 2024.

Dividend & Returns

Sonim Technologies, Inc. (SONM) has a return on equity (ROE) of -403.7%. Negative ROE indicates the company is unprofitable.

Sonim Technologies, Inc. (SONM) had negative free cash flow of $26.0M in fiscal year 2024, likely due to heavy capital investments.