SMSI - Smith Micro Software Inc Stock Price, Fair Value and News

2.15USD-0.21 (-8.90%)Market Closed

Market Summary

USD2.15-0.21

Market Closed

-8.90%

SMSI Stock Price

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SMSI RSI Chart

SMSI Valuation

Market Cap

161.1M

Price/Earnings (Trailing)

-6.6

Price/Sales (Trailing)

3.94

EV/EBITDA

-6.62

Price/Free Cashflow

-23.11

SMSI Price/Sales (Trailing)

SMSI Profitability

EBT Margin

-59.32%

Return on Equity

-32.36%

Return on Assets

-28.51%

Free Cashflow Yield

-4.33%

SMSI Fundamentals

SMSI Revenue

Revenue (TTM)

40.9M

Rev. Growth (Yr)

-24.66%

Rev. Growth (Qtr)

-21.89%

SMSI Earnings

Earnings (TTM)

-24.4M

Earnings Growth (Yr)

15.81%

Earnings Growth (Qtr)

-30.75%

Breaking Down SMSI Revenue

Last 7 days

-12.2%

Last 30 days

532.4%

Last 90 days

179.2%

Trailing 12 Months

77.7%

How does SMSI drawdown profile look like?

SMSI Financial Health

Current Ratio

2.21

Debt/Equity

0.05

Debt/Cashflow

-2.03

SMSI Investor Care

Shares Dilution (1Y)

27.71%

Diluted EPS (TTM)

-0.38

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
2023	46.7M	44.4M	43.7M	40.9M
2022	59.8M	56.5M	51.8M	48.5M
2021	49.4M	52.3M	56.2M	58.4M
2020	48.2M	50.3M	51.2M	51.3M
2019	29.3M	33.2M	38.4M	43.3M
2018	22.9M	23.9M	24.7M	26.3M
2017	26.6M	25.0M	24.3M	23.0M
2016	36.2M	34.3M	31.2M	28.2M
2015	39.1M	39.9M	40.1M	39.5M
2014	39.5M	37.6M	38.3M	37.0M
2013	44.8M	45.1M	42.9M	42.7M
2012	50.1M	44.2M	42.5M	43.3M
2011	118.4M	103.2M	81.8M	57.8M
2010	0	115.0M	122.8M	130.5M
2009	0	0	0	107.3M

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

GRUFITY'S FAIR VALUE MODEL

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>

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

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Smith Micro Software Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	kempton james m	acquired	72.25	0.289	250	vp, cfo and treasurer
Mar 19, 2024	smith william w jr	sold (taxes)	-4,034	0.34	-11,866	president & ceo
Mar 19, 2024	kempton james m	sold (taxes)	-1,668	0.34	-4,906	vp, cfo and treasurer
Mar 13, 2024	kempton james m	sold	-1,681	0.35	-4,804	vp, cfo and treasurer
Mar 13, 2024	smith william w jr	sold	-4,077	0.35	-11,651	president & ceo
Feb 22, 2024	smith william w jr	sold (taxes)	-3,946	0.78	-5,060	president & ceo
Feb 22, 2024	kempton james m	sold (taxes)	-783	0.77	-1,018	vp, cfo and treasurer
Feb 22, 2024	kempton james m	back to issuer	-	-	-7,291	vp, cfo and treasurer
Feb 22, 2024	smith william w jr	back to issuer	-	-	-13,586	president & ceo
Feb 21, 2024	kempton james m	acquired	-	-	186,422	vp, cfo and treasurer

Which funds bought or sold SMSI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	added	0.92	-1,038,380	2,299,640	-%
Feb 26, 2024	Virtu Financial LLC	new	-	13,000	13,000	-%
Feb 15, 2024	Sunbelt Securities, Inc.	sold off	-100	-60,500	-	-%
Feb 14, 2024	TWO SIGMA ADVISERS, LP	reduced	-33.72	-11,396	9,416	-%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-82.79	-585,643	77,951	-%
Feb 14, 2024	MARSHALL WACE, LLP	reduced	-24.72	-88,527	94,516	-%
Feb 14, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-28.21	-149,660	143,822	-%
Feb 14, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-45.26	-84,237	50,261	-%
Feb 14, 2024	Royal Bank of Canada	added	1,714	-	-	-%
Feb 14, 2024	CITADEL ADVISORS LLC	reduced	-61.56	-294,753	104,847	-%

Are Funds Buying or Selling SMSI?

Are funds buying SMSI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SMSI

No. of Funds

Unveiling Smith Micro Software Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	iroquois capital management, llc	1.76%	347,828	SC 13G/A
Feb 08, 2024	smith william w jr	7.5%	-	SC 13G/A
Jun 28, 2023	iroquois capital management, llc	4.2%	102,383	SC 13G
Feb 14, 2023	smith william w jr	9.3%	-	SC 13G/A
Mar 09, 2022	blackrock inc.	4.99%	2,728,014	SC 13G
Feb 14, 2022	smith william w jr	9.4%	-	SC 13G/A
Feb 04, 2022	blackrock inc.	5.1%	2,779,023	SC 13G
Apr 12, 2021	blackrock inc.	4.3%	2,228,076	SC 13G/A
Feb 16, 2021	smith william w jr	13.5%	-	SC 13G/A
Feb 02, 2021	blackrock inc.	5.2%	2,152,476	SC 13G

Recent SEC filings of Smith Micro Software Inc

View All Filings

Date Filed	Form Type	Document
Apr 04, 2024	8-K	Current Report
Apr 04, 2024	8-K	Current Report
Apr 01, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 13, 2024	144	Notice of Insider Sale Intent
Mar 13, 2024	144	Notice of Insider Sale Intent
Mar 13, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Smith Micro Software Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	285.5B	34.9B	-3.41%	51.68%	69.02	8.19	11.18%	1888.46%
UBER	156.3B	37.3B	-3.80%	139.44%	82.84	4.19	16.95%	120.64%
ADSK	50.7B	5.3B	-8.44%	20.66%	55.25	9.48	9.15%	48.14%
ANSS	29.1B	2.3B	1.50%	4.52%	58.13	12.82	9.90%	-4.45%
ZM	18.4B	4.5B	-9.98%	-12.21%	28.9	4.07	3.06%	514.65%
MID-CAP
APPF	7.9B	620.4M	-1.93%	72.11%	2.9K	12.72	31.48%	103.97%
LYFT	7.2B	4.4B	2.74%	87.60%	-21.24	1.64	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.4B	881.7M	-9.63%	38.63%	42.16	3.84	4.64%	44.42%
AI	2.7B	296.4M	-26.14%	0.63%	-9.95	9.12	11.14%	-3.59%
AGYS	2.3B	228.1M	9.35%	-0.82%	25.84	9.89	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	190.8M	572.4M	-37.25%	-85.17%	-0.96	0.33	-19.38%	-489.49%
ASUR	186.6M	119.1M	-16.27%	-53.82%	-20.25	1.57	24.27%	36.31%
AEYE	160.1M	31.3M	58.63%	96.98%	-27.27	5.11	4.69%	43.72%

Smith Micro Software Inc News

Latest updates

Smith Micro Software Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-21.9%	8,593,000	11,001,000	10,338,000	10,930,000	11,405,000	11,699,000	12,674,000	12,735,000	14,679,000	16,443,000	15,919,000	11,381,000	12,416,000	12,629,000	12,933,000	13,322,000	12,278,000	11,782,000	10,854,000	8,432,000	7,352,000
Gross Profit	-24.1%	6,433,500	8,473,000	7,749,000	7,648,000	8,077,500	8,070,000	9,057,000	9,098,000	10,576,000	12,751,000	12,561,000	9,836,000	10,994,000	11,303,000	11,664,000	12,149,000	11,252,000	10,771,000	9,880,000	7,516,000	6,423,000
Operating Expenses	13.8%	12,129,500	10,654,000	10,993,000	14,583,000	15,238,000	16,425,000	17,430,000	16,136,000	14,606,000	31,212,000	17,771,000	13,073,000	11,005,500	11,107,000	10,287,000	10,190,000	7,621,500	7,291,000	6,948,000	7,454,000	5,745,000
S&GA Expenses	0.4%	2,458,000	2,449,000	2,628,000	3,554,000	3,196,000	2,986,000	3,720,000	2,981,000	3,153,000	3,067,000	3,117,000	2,244,000	1,041,000	2,655,000	2,613,000	2,787,000	1,988,000	1,793,000	1,768,000	1,968,000	1,296,000
R&D Expenses	4.4%	3,868,500	3,704,000	3,705,000	5,868,000	6,633,000	7,409,000	8,080,000	7,265,000	7,137,500	7,123,000	7,063,000	4,873,000	3,984,500	5,455,000	4,604,000	3,729,000	3,194,500	3,063,000	2,743,000	2,682,000	2,103,000
EBITDA Margin	5.8%	-0.57	-0.60	-0.59	-0.57	-0.50	-0.38	-0.53	-0.43	-0.37	-0.29	0.00	-	-	-	-	-	-	-	-	-	-
Interest Expenses	57.4%	-614,000	-1,443,000	-2,037,000	-2,260,000	-1,782,000	-896,000	2,000	-4,000	9,000	1,000	16,000	8,000	1,500	7,000	2,000	86,000	111,000	87,000	31,000	-	-28,500
Income Taxes	850.0%	133,000	14,000	2,000	9,000	149,000	27,000	31,000	19,000	44,500	145,000	14,000	23,000	115,000	45,000	21,000	19,000	72,000	-	4,000	4,000	-17,000
Earnings Before Taxes	-28.5%	-6,578,500	-5,119,000	-5,663,000	-6,878,000	-7,823,000	-5,785,000	-8,462,000	-6,983,000	-3,952,000	-18,462,000	-5,189,000	-3,225,000	695,000	206,000	1,379,000	2,045,000	3,743,000	3,567,000	3,440,000	52,000	2,784,000
EBT Margin	-1.7%	-0.59	-0.58	-0.59	-0.62	-0.60	-0.49	-0.67	-0.58	-0.53	-0.47	-0.14	-	-	-	-	-	-	-	-	-	-
Net Income	-30.8%	-6,711,500	-5,133,000	-5,665,000	-6,887,000	-7,972,000	-5,812,000	-8,493,000	-7,002,000	-4,008,000	-18,607,000	-5,203,000	-3,225,000	580,000	161,000	1,379,000	2,045,000	3,671,000	3,567,000	3,436,000	48,000	2,801,000
Net Income Margin	-1.6%	-0.60	-0.59	-0.59	-0.62	-0.60	-0.49	-0.67	-0.58	-0.53	-0.47	-0.15	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-166.4%	-1,023,000	1,541,000	-2,156,000	-5,335,000	-4,783,000	-2,851,000	-5,038,000	-6,589,000	-15,191,000	779,000	-2,204,000	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-7.3%	86.00	92.00	95.00	98.00	104	109	101	109	115	135	137	130	73.00	72.00	73.00	68.00	61.00	57.00	41.00	34.00	25.00
Current Assets	-20.4%	17.00	21.00	22.00	23.00	27.00	30.00	19.00	24.00	29.00	47.00	47.00	98.00	39.00	37.00	38.00	32.00	40.00	36.00	21.00	17.00	20.00
Cash Equivalents	-10.7%	7.00	8.00	6.00	9.00	14.00	19.00	5.00	10.00	16.00	32.00	30.00	89.00	26.00	26.00	24.00	19.00	28.00	24.00	7.00	7.00	12.00
Net PPE	-11.5%	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00
Goodwill	0%	35.00	35.00	35.00	35.00	35.00	35.00	35.00	35.00	35.00	40.00	40.00	12.00	12.00	11.00	11.00	11.00	8.00	8.00	8.00	8.00	4.00
Current Liabilities	-37.3%	8.00	12.00	17.00	20.00	21.00	13.00	10.00	9.00	9.00	25.00	13.00	8.00	8.00	8.00	10.00	9.00	6.00	5.00	5.00	5.00	3.00
Shareholder's Equity	-2.0%	75.00	77.00	74.00	74.00	76.00	83.00	87.00	94.00	101	104	119	116	59.00	58.00	57.00	53.00	49.00	45.00	30.00	26.00	21.00
Retained Earnings	-2.2%	-305	-299	-294	-288	-281	-273	-267	-259	-252	-248	-229	-224	-221	-221	-221	-223	-225	-229	-232	-235	-236
Additional Paid-In Capital	1.4%	381	376	369	362	358	357	355	353	353	352	349	340	280	279	279	276	274	274	262	262	257
Shares Outstanding	6.2%	75.00	70.00	65.00	61.00	56.00	55.00	56.00	55.00	54.00	54.00	53.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	65.00	-	-	-	121	-	-	-	248	-	-	-	151	-	-	-	81.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-166.4%	-1,023	1,541	-2,156	-5,335	-4,783	-2,851	-5,038	-6,589	-15,191	779	-2,204	3,700	-352	3,941	2,074	2,261	5,160	6,389	-907	-654	156
Share Based Compensation	13.3%	1,519	1,341	1,030	945	1,099	1,095	1,689	1,065	1,226	1,327	1,279	1,016	812	811	809	632	355	351	333	455	261
Cashflow From Investing	925.0%	66.00	-8.00	71.00	3.00	106	38.00	22.00	-51.00	26.00	-397	-56,953	-179	224	-1,699	-70.00	-13,136	-828	-524	173	-4,084	-1.00
Cashflow From Financing	212.5%	100	32.00	-222	30.00	-298	16,457	542	393	-1,129	2,054	-154	59,972	10.00	16.00	2,154	2,063	66.00	11,394	-33.00	-43.00	3,617

SMSI Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenues	$ 40,862	$ 48,513
Cost of revenues (including depreciation of $50 and $105 in the years ended December 31, 2023 and 2022, respectively)	10,559	14,210
Gross profit	30,303	34,303
Operating expenses:
Selling and marketing	11,089	12,883
Research and development	17,145	29,388
General and administrative	12,779	15,507
Depreciation and amortization	7,345	7,452
Total operating expenses	48,358	65,230
Operating loss	(18,055)	(30,927)
Other income (expense):
Change in fair value of warrant and derivative liabilities	4,214	4,669
Loss on derecognition of debt	(3,991)	0
Interest expense, net	(6,354)	(2,680)
Other expense, net	(52)	(115)
Loss before provision for income taxes	(24,238)	(29,053)
Provision for income tax expense	158	226
Net loss	$ (24,396)	$ (29,279)
Loss per share:
Basic (in dollars per share)	$ (0.38)	$ (0.53)
Diluted (in dollars per share)	$ (0.38)	$ (0.53)
Weighted average shares outstanding:
Basic (in shares)	64,916	55,422
Diluted (in shares)	64,916	55,422

SMSI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 7,125	$ 14,026
Accounts receivable, net of related allowances of $3 and $3 at December 31, 2023 and 2022, respectively	7,912	10,501
Prepaid expenses and other current assets	1,843	1,983
Total current assets	16,880	26,510
Equipment and improvements, net	883	1,498
Right-of-use assets	2,759	3,722
Other assets	482	490
Intangible assets, net	29,532	36,320
Goodwill	35,041	35,041
Total assets	85,577	103,581
Current liabilities:
Accounts payable	2,522	3,236
Accrued payroll and benefits	2,500	3,883
Current operating lease liabilities	1,483	1,441
Other current liabilities	1,137	1,589
Current portion of convertible notes payable	0	9,007
Derivative liabilities	0	1,575
Total current liabilities	7,642	20,731
Non-current liabilities:
Warrant liabilities	597	3,317
Operating lease liabilities	1,780	2,976
Deferred tax liabilities, net	168	178
Total non-current liabilities	2,545	6,471
Commitments and contingencies
Stockholders' equity:
Common stock, par value $0.001 per share; 100,000,000 shares authorized; 74,783,834 and 56,197,910 shares issued and outstanding at December 31, 2023 and 2022, respectively	75	56
Additional paid-in capital	381,263	357,875
Accumulated comprehensive deficit	(305,948)	(281,552)
Total stockholders’ equity	75,390	76,379
Total liabilities and stockholders' equity	$ 85,577	$ 103,581

About Smith Micro Software Inc

Smith Micro Software, Inc. engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, Africa, and internationally. The company offers SafePath Family, SafePath IoT, and SafePath Home product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service providers deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language Voice-to-Text transcription messaging. It also provides ViewSpot, a retail display management platform that offers on-screen and interactive demos to wireless carriers and other retailers; and technical support and customer services. Smith Micro Software, Inc. was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania.

CEO	Mr. William W. Smith Jr.
WEBSITE	smithmicro.com
INDUSTRY	Software - Apps
EMPLOYEES	315

Smith Micro Software Inc Frequently Asked Questions

What is the ticker symbol for Smith Micro Software Inc? What does SMSI stand for in stocks?

SMSI is the stock ticker symbol of Smith Micro Software Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Smith Micro Software Inc (SMSI)?

As of Fri Apr 12 2024, market cap of Smith Micro Software Inc is 161.11 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SMSI stock?

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

What is the fair value of SMSI stock?

You can check SMSI's fair value in chart for subscribers. The fair value of Smith Micro Software 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 Smith Micro Software 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 SMSI 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 Smith Micro Software Inc a good stock to buy?

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

What is Smith Micro Software Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, SMSI's PE ratio (Price to Earnings) is -6.6 and Price to Sales (PS) ratio is 3.94. 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. SMSI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Smith Micro Software Inc's stock?

In the past 10 years, Smith Micro Software Inc has provided -0.104 (multiply by 100 for percentage) rate of return.