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SCKT

SCKT - Socket Mobile Inc Stock Price, Fair Value and News

1.16USD0.00 (0.00%)Market Closed

Market Summary

SCKT
USD1.160.00
Market Closed
0.00%

SCKT Stock Price

View Fullscreen

SCKT RSI Chart

SCKT Valuation

Market Cap

8.8M

Price/Earnings (Trailing)

-5.95

Price/Sales (Trailing)

0.5

Price/Free Cashflow

-4.63

SCKT Price/Sales (Trailing)

SCKT Profitability

Operating Margin

50.26%

Return on Equity

-7.74%

Return on Assets

-5.17%

Free Cashflow Yield

-21.59%

SCKT Fundamentals

SCKT Revenue

Revenue (TTM)

17.7M

Rev. Growth (Yr)

15.44%

Rev. Growth (Qtr)

13.17%

SCKT Earnings

Earnings (TTM)

-1.5M

Earnings Growth (Yr)

43.89%

Earnings Growth (Qtr)

-161.11%

Breaking Down SCKT Revenue

Last 7 days

-2.5%

Last 30 days

-18.3%

Last 90 days

17.2%

Trailing 12 Months

-15.9%

How does SCKT drawdown profile look like?

SCKT Financial Health

Current Ratio

1.62

SCKT Investor Care

Shares Dilution (1Y)

5.83%

Diluted EPS (TTM)

-0.22

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202417.7M000
202319.3M18.3M17.8M17.0M
202224.7M24.8M22.2M21.2M
202116.3M19.5M21.7M23.2M
202018.8M16.5M15.6M15.7M
201917.1M18.0M18.8M19.3M
20186.1M9.6M13.0M16.5M
201721.4M22.0M22.3M2.6M
201619.4M20.2M20.7M20.8M
201517.2M17.3M16.9M18.4M
201415.2M15.1M16.8M17.0M
201313.9M14.3M14.8M15.7M
201217.4M17.1M15.2M13.6M
201113.7M14.4M15.7M17.5M
201004.8M9.1M13.5M
2009000450.0K
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Tracking the Latest Insider Buys and Sells of Socket Mobile Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 24, 2024
bass charlie
bought
6,846
1.3692
5,000
-
May 23, 2024
bass charlie
bought
6,631
1.3262
5,000
-
May 22, 2024
bass charlie
bought
7,302
1.4605
5,000
-
May 21, 2024
bass charlie
bought
7,557
1.5115
5,000
-
May 20, 2024
bass charlie
bought
7,557
1.5115
5,000
-
May 17, 2024
bass charlie
bought
7,321
1.4642
5,000
-
May 16, 2024
bass charlie
bought
7,216
1.4432
5,000
-
May 15, 2024
lazarev ivan
acquired
-
-
9,000
-
May 15, 2024
parnell william l. jr
acquired
-
-
10,000
-

1–10 of 50

Which funds bought or sold SCKT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
CITADEL ADVISORS LLC
sold off
-100
-13,963
-
-%
May 15, 2024
STATE STREET CORP
unchanged
-
-3,776
24,072
-%
May 15, 2024
MORGAN STANLEY
reduced
-76.9
-3,002
765
-%
May 15, 2024
BARCLAYS PLC
unchanged
-
-
-
-%
May 15, 2024
Tower Research Capital LLC (TRC)
added
1.89
-874
7,529
-%
May 14, 2024
NewEdge Advisors, LLC
unchanged
-
-5.00
36.00
-%
May 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
unchanged
-
-5,756
36,694
-%
May 13, 2024
RENAISSANCE TECHNOLOGIES LLC
added
1.39
-3,000
22,000
-%
May 13, 2024
UBS Group AG
reduced
-89.73
-11,397
1,131
-%
May 10, 2024
BlackRock Inc.
sold off
-100
-414
-
-%

1–10 of 23

Are Funds Buying or Selling SCKT?

Are funds buying SCKT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SCKT
No. of Funds

Unveiling Socket Mobile Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jun 05, 2023
mills kevin j
11.7%
916,806
SC 13D
Jun 05, 2023
bass charlie
31.5%
2,771,892
SC 13D/A
Feb 16, 2021
manatuck hill partners, llc
0%
0
SC 13G/A
Sep 29, 2020
socket mobile, inc.
28.6%
1,988,582
SC 13D/A
Sep 29, 2020
bass charlie
28.6%
1,988,582
SC 13D/A
Feb 12, 2020
manatuck hill partners, llc
5.11%
306,430
SC 13G/A

Recent SEC filings of Socket Mobile Inc

View All Filings
Date Filed Form Type Document
Jun 11, 2024
SC TO-I/A
SC TO-I/A
May 28, 2024
SC TO-I
SC TO-I
May 24, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading
May 21, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 15, 2024
8-K
Current Report

Peers (Alternatives to Socket Mobile Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
183.3B
55.4B
-7.05% -10.71%
15.13
3.31
0.85% 5.63%
103.9B
6.1B
5.75% 96.17%
45.41
17.09
25.22% 50.89%
35.6B
53.0B
18.50% 17.77%
12.01
0.67
-5.57% 13.23%
28.3B
29.1B
23.29% 29.45%
12.51
0.87
2.24% 133.29%
15.7B
4.3B
14.59% 79.86%
25.61
3.65
-5.30% 67.91%
11.6B
5.3B
3.22% 12.22%
51.58
2.16
-2.96% -55.26%
MID-CAP
8.8B
1.9B
6.43% -20.27%
25.25
4.62
1.03% -11.76%
4.0B
2.4B
5.12% 2.63%
18.34
1.65
-8.79% -23.10%
3.2B
1.4B
6.48% -15.82%
-9.08
2.26
-21.81% -865.12%
SMALL-CAP
1.6B
1.2B
13.35% -50.78%
-247.22
1.28
-0.19% -110.91%
401.1M
1.1B
-13.04% -51.94%
-0.73
0.38
-12.01% -1246.95%
392.6M
205.3M
-9.50% 168.62%
-6.24
1.91
-8.19% 5.55%
125.5M
145.6M
-4.30% 10.60%
24.96
0.86
-0.89% 63.00%
60.8M
53.8M
9.51% 2.36%
-5.05
1.13
-28.06% -33.67%
13.8M
29.9M
-68.18% -95.54%
-0.18
0.46
39.86% -24.01%

Socket Mobile Inc News

Latest updates
Simply Wall St21 May 202407:00 am
Investing.com South Africa14 May 202407:00 am
The Stock Dork15 months ago

Socket Mobile Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue13.2%4,9784,3983,2065,1174,3125,1713,7286,0466,2936,1146,3195,9534,8134,6564,1092,7154,2214,5844,9805,0604,629
Cost Of Revenue19.0%2,4732,0781,7882,4662,2402,6232,0733,0103,1652,9302,8962,6982,2392,1791,8351,3531,9972,1492,3442,4302,229
Gross Profit7.9%2,5052,3211,4182,6522,0722,5481,6553,0363,1283,1853,4233,2552,5742,4762,2731,3622,2242,4352,6362,6302,400
Operating Expenses6.9%2,9902,7962,8172,9433,0282,7002,6022,8462,6642,4972,4692,4412,3321,9486,2522,1712,3152,2232,5072,4122,353
  S&GA Expenses2.8%1,0311,0031,0021,0051,007909865964900820788734660700658722768703785771756
  R&D Expenses1.8%1,2081,1861,2061,1901,2471,0911,0961,1211,0541,0471,0149729317196818608819871,015997894
Interest Expenses80.7%-72.24-37376.0055.00-38.01-30843.0045.0046.0010050.00-51.4349.0046.0024.008.0019.0017.0026.0029.0029.00
Income Taxes-100.0%-1,294150166-59211640.0076.001,6422601,864489*51.00-800*--297-9.61-68.757.00
Net Income-161.1%-557912-1,324-512-993515-8741043429936442,6272031,583-4,002-768-90.3361.0094.0012012.00
Net Income Margin25.6%-0.08*-0.11*-0.13*-0.10*-0.06*0.00*0.03*0.08*0.19*0.19*0.23*0.02*-0.18*-0.21*-------
Free Cashflow-22.5%-151-123-359-1,271-360-353-979626-58783247418.00128256-------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q42024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets0.3%28,74128,66228,74127,30629,31127,92828,59828,19730,89125,89325,57523,62323,02120,59515,60915,20818,12119,63519,45819,28219,294
  Current Assets-2.8%10,69911,00110,69911,04613,17111,94812,76912,98215,86014,72414,38113,24412,36211,6607,9367,9926,3607,7767,5217,1347,151
    Cash Equivalents2.0%2,8272,7722,8273,0943,4312,9633,6234,2375,5885,4236,0965,3534,9204,9612,1221,7759271,1439598811,016
  Inventory-0.1%5,4095,4135,4095,5295,5095,6605,6026,1505,8885,2145,1554,4354,0203,7253,1963,3623,2543,2953,1792,5282,395
  Net PPE8.5%3,0332,7963,0332,5582,4131,9621,6571,5321,3201,0451,069951855858848835852883865817680
  Goodwill-----------------4,4274,4274,4274,4274,427
Liabilities-1.9%9,3219,5039,3218,9319,9118,4788,2768,50110,3355,3575,5295,3445,6546,0934,4366,3775,4906,3676,2246,2596,499
  Current Liabilities-4.4%6,5006,7996,5005,9856,8445,2904,9725,0806,8045,3365,3895,0765,2585,4384,1495,5874,2355,7285,4685,3895,434
Shareholder's Equity1.4%19,42019,15919,42018,37519,40019,44920,32219,69620,55620,53620,04618,27917,36814,50311,1738,83212,63113,26713,78513,02312,795
  Retained Earnings1.1%-47,932-48,489-47,932-48,844-47,519-47,006-46,013-46,528-45,654-45,758-46,100-47,643-48,287-50,914-50,566-52,699-48,697-47,929-47,838-47,899-47,993
  Additional Paid-In Capital-0.4%68,38368,67968,38368,25167,95067,48767,15866,87166,58166,28766,14065,91565,64865,41061,73461,52661,32261,19161,06760,91660,783
Accumulated Depreciation-6.3%3,3003,5203,3003,1602,9392,7522,5913,6803,5423,3923,2783,2963,1382,9942,8512,8352,6992,6312,6672,6272,556
Shares Outstanding-100.0%-7,5477,3367,3237,3087,1077,0907,2027,2267,2347,1847,1636,8087,1256,103------
Float-----8,421---18,377---35,3577,361------10,788
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-116.6%-94.895716.00-633106-81.23-6281,051-452961733159291418142295-50.79366645269-406
  Share Based Compensation-1.2%273276278306296263260252223189184172149114130131132128133137122
Cashflow From Investing102.4%16.00-694-365-637-466-272-350-425-134-128-258-141-163-161-118-101-154-165-249-87.14-100
Cashflow From Financing116.6%24.00-14323.001,739-299-260-371-460-85.47-89.25-41.50-59.292,71291.00824-409389-122-529-95.18351
  Buy Backs-100.0%-417---2081,483-275-377-4.00--1.18-17.00-471*-8.50----
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SCKT Income Statement

2024-03-31
Condensed Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenues$ 4,977,797$ 4,312,178
Cost of revenues2,473,0402,239,691
Gross profit2,504,7572,072,487
Operating expenses:  
   Research and development1,208,0821,247,119
   Sales and marketing1,031,2711,006,792
   General and administrative750,579773,988
      Total operating expenses2,989,9323,027,899
Operating loss(485,175)(955,412)
Interest expense, net(72,240)(38,008)
Net loss before income taxes(557,415)(993,420)
Income tax expense
Net loss$ (557,415)$ (993,420)
Net loss per share:  
     Basic$ (0.07)$ (0.12)
     Diluted$ (0.07)$ (0.12)
Weighted average shares outstanding:  
     Basic7,441,7457,106,746
     Diluted7,441,7457,106,746

SCKT Balance Sheet

2024-03-31
Condensed Balance Sheets - USD ($)
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Current assets:   
   Cash and cash equivalents$ 2,826,630$ 2,771,848$ 2,826,630
   Accounts receivable, net1,699,6962,073,041 
   Inventories, net5,409,0475,413,4265,409,047
   Prepaid expenses and other current assets440,730380,208 
   Deferred cost on shipments to distributors322,580362,914322,580
      Total current assets10,698,68311,001,437 
Property and equipment:   
   Machinery and office equipment2,700,7592,669,429 
   Computer equipment3,631,9453,646,916 
 6,332,7046,316,345 
   Accumulated depreciation(3,299,503)(3,519,975) 
      Property and equipment, net3,033,2012,796,370 
Intangible assets, net1,559,3691,527,545 
Other long-term assets249,715248,714 
Deferred tax assets10,112,41910,112,419 
Operating lease right-of-use asset3,088,0872,975,5263,088,087
      Total assets28,741,47428,662,011 
Current liabilities:   
   Accounts payable and accrued expenses1,605,2311,749,116 
   Accrued payroll and related expenses579,974636,464 
   Deferred revenue on shipments to distributors825,670911,630825,670
   Short term portion of deferred service revenue19,88519,767 
   Subordinated convertible notes payable, net of discount150,000150,000 
   Subordinated convertible notes payable, net of discount-related party2,835,8642,837,326 
   Operating lease – current portion483,161494,390 
      Total current liabilities6,499,7856,798,693 
Long-term portion of deferred service revenue12,81313,945 
Long-term portion of operating lease2,808,8722,690,334 
   Total liabilities9,321,4709,502,972 
Commitments and contingencies 
Stockholders’ equity:   
Common Stock, Value, Issued 7,5477,336
   Additional paid-in capital68,383,23068,679,469 
     Treasury stock(1,037,988)(1,037,988) 
   Accumulated deficit(47,932,574)(48,489,989) 
      Total stockholders’ equity19,420,00419,159,039$ 19,420,004
         Total liabilities and stockholders’ equity$ 28,741,474$ 28,662,011 
SCKT
Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. The company's products are used in mobile applications in the areas of point of sale, commercial services, asset tracking, manufacturing process and quality control, transportation and logistics, event management, medical, and education. It provides cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets. The company also offers SocketScan and DuraScan 700 series, companion scanners and 800 series, attachable scanners; and DuraSled, a barcode scanning sled that protects phones from impact damage and provides charging solutions. In addition, it provides D600, a handheld model to reads and writes various types of electronic SmartTags and transfers data with near-field communication (NFC); S550, a contactless membership card reader/writer; and S370 product that supports barcode scanning, and NFC reading and writing technologies. Further, the company offers SocketCam C820, a software-based barcode scanner; software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. It serves retail, commercial, industrial, manufacturing, transportation, and logistics industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.
 CEO
 WEBSITEsocketmobile.com
 INDUSTRYComputer Hardware
 EMPLOYEES56

Socket Mobile Inc Frequently Asked Questions


What is the ticker symbol for Socket Mobile Inc? What does SCKT stand for in stocks?

SCKT is the stock ticker symbol of Socket Mobile Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Socket Mobile Inc (SCKT)?

As of Thu Jun 13 2024, market cap of Socket Mobile Inc is 8.83 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SCKT stock?

You can check SCKT's fair value in chart for subscribers.

What is the fair value of SCKT stock?

You can check SCKT's fair value in chart for subscribers. The fair value of Socket Mobile Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Socket Mobile Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SCKT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Socket Mobile Inc a good stock to buy?

The fair value guage provides a quick view whether SCKT is over valued or under valued. Whether Socket Mobile Inc is cheap or expensive depends on the assumptions which impact Socket Mobile Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SCKT.

What is Socket Mobile Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Jun 13 2024, SCKT's PE ratio (Price to Earnings) is -5.95 and Price to Sales (PS) ratio is 0.5. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SCKT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Socket Mobile Inc's stock?

In the past 10 years, Socket Mobile Inc has provided -0.018 (multiply by 100 for percentage) rate of return.