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

1.05USD0.00 (0.00%)Market Closed

Market Summary

SCKT
USD1.050.00
Market Closed
0.00%

SCKT Stock Price

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SCKT RSI Chart

SCKT Valuation

Market Cap

7.6M

Price/Earnings (Trailing)

-3.94

Price/Sales (Trailing)

0.44

Price/Free Cashflow

-3.57

SCKT Price/Sales (Trailing)

SCKT Profitability

Operating Margin

49.68%

Return on Equity

-9.88%

Return on Assets

-6.68%

Free Cashflow Yield

-27.99%

SCKT Fundamentals

SCKT Revenue

Revenue (TTM)

17.0M

Rev. Growth (Yr)

-14.94%

Rev. Growth (Qtr)

37.2%

SCKT Earnings

Earnings (TTM)

-1.9M

Earnings Growth (Yr)

77.08%

Earnings Growth (Qtr)

168.84%

Breaking Down SCKT Revenue

Last 7 days

4.0%

Last 30 days

-6.4%

Last 90 days

-14.2%

Trailing 12 Months

-53.3%

How does SCKT drawdown profile look like?

SCKT Financial Health

Current Ratio

1.65

SCKT Investor Care

Shares Dilution (1Y)

3.48%

Diluted EPS (TTM)

-0.27

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Socket Mobile Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
holmes david a.
acquired
-
-
25,000
chief business officer
Mar 15, 2024
ott leonard l
acquired
-
-
22,000
evp of engineering & cto
Mar 15, 2024
zhao lynn
acquired
-
-
22,000
chief financial officer
Mar 15, 2024
mills kevin j
acquired
-
-
30,000
chief executive officer
Feb 29, 2024
zhao lynn
acquired
7,600
0.95
8,000
chief financial officer
Dec 07, 2023
mills kevin j
sold
-527
1.1496
-459
chief executive officer
Dec 06, 2023
mills kevin j
sold
-2,398
1.1992
-2,000
chief executive officer
Dec 05, 2023
mills kevin j
acquired
2,608
1.3044
2,000
chief executive officer
Dec 04, 2023
mills kevin j
acquired
2,734
1.3674
2,000
chief executive officer
Dec 01, 2023
mills kevin j
sold
-2,729
1.3645
-2,000
chief executive officer

1–10 of 50

Which funds bought or sold SCKT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
added
0.18
1,480
77,894
-%
Feb 15, 2024
BARCLAYS PLC
unchanged
-
-
-
-%
Feb 14, 2024
STATE STREET CORP
unchanged
-
944
27,848
-%
Feb 14, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
sold off
-100
-26,054
-
-%
Feb 14, 2024
BNP PARIBAS FINANCIAL MARKETS
reduced
-11.53
-592
5,339
-%
Feb 14, 2024
CITADEL ADVISORS LLC
new
-
13,963
13,963
-%
Feb 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
unchanged
-
1,439
42,450
-%
Feb 13, 2024
ACADIAN ASSET MANAGEMENT LLC
unchanged
-
2,000
54,000
-%
Feb 13, 2024
MORGAN STANLEY
reduced
-49.6
-3,578
3,767
-%
Feb 13, 2024
NewEdge Advisors, LLC
unchanged
-
1.00
41.00
-%

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
Mar 25, 2024
10-K
Annual Report
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 05, 2024
8-K
Current Report
Mar 04, 2024
4
Insider Trading

What is the Fair Value of SCKT?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Socket Mobile Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
201.6B
57.2B
2.77% 0.76%
15
3.52
7.66% 18.93%
90.2B
5.9B
17.07% 89.63%
43.21
15.39
33.75% 54.34%
29.5B
53.1B
5.14% 10.82%
8.65
0.56
-11.04% 34.01%
23.0B
29.1B
16.34% 16.75%
11.35
0.79
2.24% 133.29%
13.9B
4.2B
5.75% 80.08%
28.68
3.28
-11.68% 12.69%
12.0B
5.6B
0.35% 17.60%
38.69
2.16
4.97% -34.14%
MID-CAP
7.0B
1.9B
-10.05% -56.13%
18.85
3.74
4.69% 6.86%
3.8B
2.5B
11.60% 3.31%
15.78
1.52
-3.62% -4.73%
3.3B
1.4B
2.23% -11.62%
-12.25
2.27
-21.40% -1031.82%
SMALL-CAP
1.5B
1.3B
-4.19% -35.69%
18.57
1.11
14.09% 64.56%
536.0M
217.6M
-31.21% 522.03%
-9.56
2.46
-2.32% 15.59%
420.9M
1.1B
-17.62% -65.32%
-1.57
0.37
12.05% -13041.29%
132.9M
148.3M
2.46% 33.95%
39.72
0.9
12.07% 519.63%
57.2M
29.7M
-26.92% -80.48%
-0.83
1.93
39.86% -13.06%
56.8M
56.0M
33.75% 0.75%
-4.57
1.01
-26.16% -43.53%

Socket Mobile Inc News

Latest updates
InvestorsObserver12 Mar 202403:57 pm
The Stock Dork13 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue37.2%4,3983,2065,1174,3125,1713,7286,0466,2936,1146,3195,9534,8134,6564,1092,7154,2214,5844,9805,0604,6294,144
Cost Of Revenue16.2%2,0781,7882,4662,2402,6232,0733,0103,1652,9302,8962,6982,2392,1791,8351,3531,9972,1492,3442,4302,2292,061
Gross Profit63.6%2,3211,4182,6522,0722,5481,6553,0363,1283,1853,4233,2552,5742,4762,2731,3622,2242,4352,6362,6302,4002,083
Operating Expenses-0.7%2,7962,8172,9433,0282,7002,6022,8462,6642,4972,4692,4412,3321,9486,2522,1712,3152,2232,5072,4122,3532,210
  S&GA Expenses0.1%1,0031,0021,0051,007909865964900820788734660700658722768703785771756771
  R&D Expenses-1.5%1,1881,2061,1901,2471,0911,0961,1211,0541,0471,0149729317196818608819871,015997894892
Interest Expenses-638.8%-41176.0055.0038.0041.0043.0045.0046.0010050.00-51.4349.0046.0024.008.0019.0017.0026.0029.0029.0029.00
Income Taxes873.3%1,460150166-59211640.0076.001,6422601,864489*51.00-800*--297-9.61-68.757.00126
Net Income168.8%912-1,324-512-993515-8741043429936442,6272031,583-4,002-768-90.3361.0094.0012012.00-162
Net Income Margin13.4%-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*-0.31*-------
Free Cashflow65.7%-123-359-1,271-360-353-979626-58783247418.0012825624.00-------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets5.3%28,74127,30629,31127,92828,59828,19730,89125,89325,57523,62323,02120,59515,60915,20818,12119,63519,45819,28219,29419,26518,597
  Current Assets-3.1%10,69911,04613,17111,94812,76912,98215,86014,72414,38113,24412,36211,6607,9367,9926,3607,7767,5217,1347,1516,9536,197
    Cash Equivalents-8.6%2,8273,0943,4312,9633,6234,2375,5885,4236,0965,3534,9204,9612,1221,7759271,1439598811,0169291,085
  Inventory-2.2%5,4095,5295,5095,6605,6026,1505,8885,2145,1554,4354,0203,7253,1963,3623,2543,2953,1792,5282,3952,4962,272
  Net PPE18.6%3,0332,5582,4131,9621,6571,5321,3201,0451,069951855858848835852883865817680699689
  Goodwill---------------4,4274,4274,4274,4274,4274,4274,427
Liabilities4.4%9,3218,9319,9118,4788,2768,50110,3355,3575,5295,3445,6546,0934,4366,3775,4906,3676,2246,2596,4996,7276,192
  Current Liabilities8.6%6,5005,9856,8445,2904,9725,0806,8045,3365,3895,0765,2585,4384,1495,5874,2355,7285,4685,3895,4345,4304,685
Shareholder's Equity5.7%19,42018,37519,40019,44920,32219,69620,55620,53620,04618,27917,36814,50311,1738,83212,63113,26713,78513,02312,79512,53812,404
  Retained Earnings1.9%-47,932-48,844-47,519-47,006-46,013-46,528-45,654-45,758-46,100-47,643-48,287-50,914-50,566-52,699-48,697-47,929-47,838-47,899-47,993-48,113-48,125
  Additional Paid-In Capital0.2%68,38368,25167,95067,48767,15866,87166,58166,28766,14065,91565,64865,41061,73461,52661,32261,19161,06760,91660,78360,64660,524
Accumulated Depreciation4.4%3,3003,1602,9392,7522,5913,6803,5423,3923,2783,2963,1382,9942,8512,8352,6992,6312,6672,6272,5562,4502,492
Shares Outstanding0.2%7,3367,3237,3087,1307,0907,1537,2207,2347,1846,9287,1297,1256,103--------
Float-------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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations10002.4%5716.00-633106-81.23-6281,051-452961733159291418142295-50.79366645269-406138
  Share Based Compensation-0.9%276278306296263260252223189184172149114130131132128133137122126
Cashflow From Investing-90.0%-694-365-637-466-272-350-425-134-128-258-141-163-161-118-101-154-165-249-87.14-100-34.90
Cashflow From Financing-737.2%-14323.001,739-299-260-371-460-85.47-89.25-41.50-59.292,71291.00824-409389-122-529-95.18351-342
  Buy Backs----4162081,483-275-377-4.00--1.18-17.00-471*-8.50-----

SCKT Income Statement

2023-12-31
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]  
Revenues$ 17,033,593$ 21,237,768
Cost of revenues8,570,73910,871,312
Gross profit8,462,85410,366,456
Operating expenses:  
   Research and development4,831,9054,362,119
   Sales and marketing4,016,3733,638,113
   General and administrative2,735,5692,812,243
      Total operating expenses11,583,84710,812,475
Operating loss(3,120,993)(446,019)
Interest expense, net(242,161)(175,050)
Net loss before income taxes(3,363,154)(621,069)
Income tax benefit1,444,000708,000
Net income (loss)$ (1,919,154)$ 86,931
Net income (loss) per share:  
   Basic$ (0.27)$ 0.01
   Fully diluted$ (0.27)$ 0.01
Weighted average shares outstanding:  
   Basic7,230,0747,184,847
   Fully diluted7,230,0747,532,924

SCKT Balance Sheet

2023-12-31
Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
   Cash and cash equivalents$ 2,826,630$ 3,623,469
   Accounts receivable, net1,699,6962,659,861
   Inventories, net5,409,0475,601,691
   Prepaid expenses and other current assets440,730617,188
   Deferred cost on shipments to distributors322,580266,327
      Total current assets10,698,68312,768,536
Property and equipment:  
   Machinery and office equipment2,700,7591,533,087
   Computer equipment3,631,9452,715,121
     Property and equipment, gross6,332,7044,248,208
   Accumulated depreciation(3,299,503)(2,590,999)
      Property and equipment, net3,033,2011,657,209
Intangible assets, net1,559,3691,693,927
Other long-term assets249,715250,239
Deferred tax assets10,112,4198,668,419
Operating lease right-of-use asset3,088,0873,559,658
      Total assets28,741,47428,597,988
Current liabilities:  
   Accounts payable and accrued expenses1,605,2311,665,028
   Accrued payroll and related expenses579,974742,541
   Deferred revenue on shipments to distributors825,670594,793
   Short term portion of deferred service revenue19,88522,599
   Notes payable – current portion125,000
   Subordinated convertible notes payable, net of discount150,000147,409
   Subordinated convertible notes payable, net of discount-related party2,835,8641,230,530
   Operating lease – current portion483,161444,529
      Total current liabilities6,499,7854,972,429
Long-term portion of operating lease2,808,8723,292,035
Long-term portion of deferred service revenue12,81311,767
   Total liabilities9,321,4708,276,231
Commitments and contingencies
Stockholders’ equity:  
Common Stock, Value, Issued7,3367,090
   Additional paid-in capital68,383,23067,157,650
   Treasury stock, at cost (359,250 and 266,291 shares at December 31, 2023 and December 31, 2022, respectively)(1,037,988)(829,563)
   Accumulated deficit(47,932,574)(46,013,420)
      Total stockholders’ equity19,420,00420,321,757
         Total liabilities and stockholders’ equity$ 28,741,474$ 28,597,988
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
 WEBSITEwww.socketmobile.com
 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 Wed Mar 27 2024, market cap of Socket Mobile Inc is 7.56 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 Wed Mar 27 2024, SCKT's PE ratio (Price to Earnings) is -3.94 and Price to Sales (PS) ratio is 0.44. 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 0.022 (multiply by 100 for percentage) rate of return.