SONM - Sonim Technologies Inc Stock Price, Fair Value and News

0.47USD-0.01 (-2.08%)Delayed as of 22 Apr 2024, 10:13 am ET

Market Summary

USD0.47-0.01

Delayedas of 22 Apr 2024, 10:13 am

-2.08%

SONM Stock Price

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SONM RSI Chart

SONM Valuation

Market Cap

20.7M

Price/Earnings (Trailing)

-230.43

Price/Sales (Trailing)

0.22

EV/EBITDA

4.53

Price/Free Cashflow

-5.07

SONM Price/Sales (Trailing)

SONM Profitability

Operating Margin

20.64%

EBT Margin

0.30%

Return on Equity

-0.4%

Return on Assets

-0.16%

Free Cashflow Yield

-19.71%

SONM Fundamentals

SONM Revenue

Revenue (TTM)

93.6M

Rev. Growth (Yr)

-44.32%

Rev. Growth (Qtr)

-51.28%

SONM Earnings

Earnings (TTM)

-90.0K

Earnings Growth (Yr)

-29.85%

Earnings Growth (Qtr)

-356.74%

Breaking Down SONM Revenue

52 Week Range

0.49

(Low)(High)

Last 7 days

-5.9%

Last 30 days

-26.1%

Last 90 days

-32.4%

Trailing 12 Months

-60%

How does SONM drawdown profile look like?

SONM Financial Health

Current Ratio

1.36

SONM Investor Care

Shares Dilution (1Y)

5.39%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	82.4M	97.3M	104.3M	93.6M
2022	55.6M	55.6M	61.6M	69.8M
2021	63.5M	54.4M	54.5M	54.6M
2020	102.5M	79.8M	65.3M	64.0M
2019	144.0M	156.3M	145.6M	116.3M
2018	0	0	0	135.7M

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

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Tracking the Latest Insider Buys and Sells of Sonim Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 09, 2024	mulica michael c	acquired	-	-	66,675	-
Dec 26, 2023	becher charles	acquired	52,375	0.419	125,000	see remarks
Sep 28, 2023	steenstra jack	acquired	-	-	89,525	-
Sep 28, 2023	mulica michael c	acquired	-	-	89,525	-
Sep 28, 2023	cassano james s	acquired	-	-	89,525	-
Sep 28, 2023	wang jeffrey	acquired	-	-	89,525	-
Sep 15, 2023	crolius clayton	bought	59,216	0.683	86,700	chief financial officer
Aug 23, 2023	liu hao peter	acquired	419,000	0.419	1,000,000	chief executive officer
Mar 24, 2023	howe alan b	bought	1,090	0.6	1,818	-
Nov 18, 2022	wang jeffrey	acquired	-	-	47,732	-

Which funds bought or sold SONM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	added	1.25	21,934	220,276	-%
Feb 14, 2024	STATE STREET CORP	unchanged	-	2,451	31,382	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	new	-	18.00	18.00	-%
Feb 14, 2024	TWO SIGMA SECURITIES, LLC	added	109	13,118	23,217	-%
Feb 14, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-45.01	-11,114	16,429	-%
Feb 14, 2024	FIRST FOUNDATION ADVISORS	reduced	-48.72	-14,070	18,090	-%
Feb 14, 2024	Royal Bank of Canada	new	-	-	-	-%
Feb 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	unchanged	-	10,574	135,404	-%
Feb 13, 2024	NORTHERN TRUST CORP	unchanged	-	1,115	12,623	-%
Feb 13, 2024	Tower Research Capital LLC (TRC)	added	8.16	1,598	10,161	-%

Are Funds Buying or Selling SONM?

Are funds buying SONM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SONM

No. of Funds

Unveiling Sonim Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Oct 25, 2022	ajp holding company, llc	48.3%	19,463,452	SC 13D/A
Jul 19, 2022	ajp holding company, llc	40.7%	13,928,571	SC 13D
Mar 10, 2022	morgan stanley	0.0%	1,424	SC 13G/A
Feb 09, 2022	morgan stanley	8.1%	1,298,383	SC 13G
Sep 03, 2021	b. riley financial, inc.	0.0%	0	SC 13D/A
Aug 27, 2021	b. riley financial, inc.	6.8%	5,772,910	SC 13D/A
Jul 09, 2021	180 degree capital corp. /ny/	-	2,945,623	SC 13G/A
Mar 16, 2021	b. riley financial, inc.	15.7%	10,439,577	SC 13D/A
Mar 01, 2021	180 degree capital corp. /ny/	-	9,395,229	SC 13G
Feb 22, 2021	grizzlyrock value partners, lp	2.88%	1,904,253	SC 13G/A

Recent SEC filings of Sonim Technologies Inc

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	S-3	S-3
Apr 09, 2024	4	Insider Trading
Mar 27, 2024	8-K	Current Report
Mar 27, 2024	10-K	Annual Report
Mar 14, 2024	8-K	Current Report
Jan 29, 2024	S-8	Employee Benefits Plan

Peers (Alternatives to Sonim Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.8B	57.2B	-2.44%	3.78%	14.56	3.42	7.66%	18.93%
ANET	76.9B	5.9B	-17.04%	58.34%	36.85	13.13	33.75%	54.34%
HPQ	27.3B	53.1B	-6.27%	-6.11%	7.98	0.51	-11.04%	34.01%
HPE	21.8B	29.1B	-0.89%	15.41%	10.77	0.75	2.24%	133.29%
LOGI	12.2B	4.2B	-14.58%	36.06%	25.05	2.87	-11.68%	12.69%
JNPR	11.6B	5.6B	-2.04%	16.88%	37.43	2.09	4.97%	-34.14%
MID-CAP
UI	6.4B	1.9B	-4.27%	-56.01%	17.33	3.44	4.69%	6.86%
BDC	3.4B	2.5B	-9.88%	3.72%	13.89	1.34	-3.62%	-4.73%
LITE	2.8B	1.4B	-14.55%	-9.52%	-10.56	1.96	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.4B	1.3B	-6.40%	-30.65%	17.6	1.05	14.09%	64.56%
AAOI	465.4M	217.6M	-16.24%	471.70%	-8.3	2.14	-2.32%	15.59%
ADTN	371.1M	1.1B	-14.13%	-50.48%	-1.39	0.32	12.05%	-13041.29%
ALOT	133.2M	148.1M	-3.70%	13.83%	28.37	0.9	3.90%	76.40%
AIRG	55.6M	56.0M	-1.12%	3.12%	-4.47	0.99	-26.16%	-43.53%
AKTS	48.3M	29.7M	-19.67%	-85.42%	-0.7	1.63	39.86%	-13.06%

Sonim Technologies Inc News

Latest updates

Sonim Technologies 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	-51.3%	13,430,000	27,566,000	26,835,000	25,801,000	24,118,000	20,497,000	11,955,000	13,258,000	15,931,000	14,445,000	11,954,000	12,240,000	15,835,000	14,393,000	21,058,000	12,706,000	17,170,000	28,850,000	43,747,000	26,484,000	46,527,000
Cost Of Revenue	-62.2%	8,310,000	21,963,000	22,409,000	21,626,000	20,186,000	17,181,000	9,108,000	11,730,000	16,418,000	12,661,000	9,300,000	9,777,000	12,106,000	9,994,000	16,140,000	10,541,000	13,009,000	21,968,000	29,302,000	17,463,000	28,304,000
Gross Profit	-8.6%	5,120,000	5,603,000	4,426,000	4,175,000	3,932,000	3,316,000	2,847,000	1,528,000	-487,000	1,784,000	2,654,000	2,463,000	3,729,000	4,399,000	4,918,000	2,165,000	4,161,000	6,882,000	14,445,000	9,021,000	18,223,000
Operating Expenses	29.7%	6,375,000	4,915,000	3,679,000	3,842,000	4,991,000	5,245,000	7,067,000	8,610,000	11,255,000	12,507,000	9,140,000	11,513,000	11,189,000	10,518,000	11,538,000	11,226,000	11,560,000	13,141,000	19,026,000	13,163,000	12,693,500
S&GA Expenses	43.0%	3,051,000	2,133,000	1,827,000	1,757,000	1,520,000	1,511,000	2,073,000	2,170,000	2,110,000	3,087,000	2,188,000	2,181,000	1,800,000	2,884,000	2,596,000	3,131,000	2,922,000	3,042,000	4,218,000	3,726,000	3,424,500
R&D Expenses	25.0%	926,000	741,000	-	105,000	1,219,000	-135,000	2,721,000	4,168,000	3,870,000	5,492,000	3,670,000	4,664,000	5,637,000	3,389,000	3,256,000	3,936,000	5,068,000	6,651,000	7,384,000	6,961,000	6,483,500
EBITDA Margin	-23.6%	0.03	0.04	0.02	-0.04	-0.16	-0.38	-0.58	-0.62	-0.66	-0.58	-0.50	-0.43	-	-	-	-	-	-	-	-	-
Interest Expenses	-33.3%	4,000	6,000	-	-	1,000	22,000	35,000	39,000	-	-	-	37,000	-	-	223,000	37,000	-349,000	337,000	697,000	358,000	256,000
Income Taxes	-3.1%	93,000	96,000	72,000	113,000	-17,000	72,000	61,000	68,000	-60,000	90,000	76,000	61,000	-	150,000	180,000	183,000	603,000	33,000	457,000	295,000	86,500
Earnings Before Taxes	-302.2%	-1,260,000	623,000	581,000	340,000	-1,059,000	-1,536,000	-4,164,000	-7,144,000	-11,782,000	-10,849,000	-6,610,000	-9,219,000	-7,442,000	-6,314,000	-6,916,000	-9,781,000	-7,733,000	-6,742,000	-5,142,000	-4,829,000	4,423,500
EBT Margin	-34.8%	0.00	0.00	-0.02	-0.08	-0.20	-0.40	-0.61	-0.65	-0.70	-0.63	-0.54	-0.47	-	-	-	-	-	-	-	-	-
Net Income	-356.7%	-1,353,000	527,000	509,000	227,000	-1,042,000	-1,608,000	-4,225,000	-7,212,000	-11,722,000	-10,939,000	-6,686,000	-9,280,000	-6,408,000	-6,464,000	-7,096,000	-9,964,000	-8,336,000	-6,775,000	-5,599,000	-5,124,000	4,337,000
Net Income Margin	-145.4%	0.00	0.00	-0.02	-0.08	-0.20	-0.40	-0.61	-0.66	-0.71	-0.61	-0.53	-0.46	-	-	-	-	-	-	-	-	-
Free Cashflow	-19.0%	-363,000	-305,000	818,000	-4,219,000	-2,225,000	-10,293,000	762,000	-612,000	-17,590,000	-5,506,000	-6,825,000	-8,005,000	-	-	-	-	-	-	-	-	-

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	-4.4%	56.00	59.00	54.00	52.00	54.00	46.00	37.00	39.00	41.00	38.00	41.00	41.00	50.00	62.00	71.00	46.00	55.00	69.00	86.00	62.00	67.00
Current Assets	-7.9%	44.00	48.00	43.00	41.00	44.00	39.00	31.00	34.00	36.00	33.00	37.00	36.00	46.00	56.00	65.00	39.00	47.00	66.00	83.00	59.00	64.00
Cash Equivalents	-4.1%	9.00	10.00	10.00	9.00	13.00	15.00	18.00	11.00	11.00	10.00	7.00	14.00	22.00	32.00	38.00	12.00	11.00	16.00	16.00	10.00	13.00
Inventory	54.5%	7.00	4.00	5.00	5.00	4.00	4.00	3.00	5.00	6.00	10.00	12.00	11.00	11.00	13.00	15.00	16.00	20.00	25.00	26.00	29.00	22.00
Net PPE	-11.2%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00
Liabilities	-5.1%	34.00	36.00	32.00	31.00	34.00	25.00	30.00	28.00	22.00	26.00	28.00	21.00	22.00	28.00	31.00	30.00	30.00	40.00	51.00	61.00	62.00
Current Liabilities	-5.6%	32.00	34.00	31.00	30.00	32.00	24.00	28.00	26.00	21.00	24.00	27.00	20.00	20.00	26.00	29.00	28.00	28.00	30.00	37.00	47.00	48.00
Long Term Debt	-	-	-	-	-	-	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.00	13.00	13.00	13.00
LT Debt, Current	-100.0%	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.00	10.00	0.00	0.00	0.00	0.00
LT Debt, Non Current	-	-	-	-	-	-	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.00	13.00	13.00	13.00
Shareholder's Equity	-3.2%	22.00	23.00	22.00	21.00	20.00	21.00	7.00	11.00	19.00	13.00	13.00	19.00	28.00	34.00	40.00	16.00	26.00	33.00	40.00	5.00	5.00
Retained Earnings	-0.5%	-249	-248	-249	-249	-249	-248	-247	-242	-234	-223	-212	-205	-196	-189	-183	-176	-166	-162	-155	-149	-143
Additional Paid-In Capital	0.2%	272	272	271	270	270	269	254	254	253	236	225	225	225	224	223	192	192	191	191	150	149
Shares Outstanding	1.2%	43.00	43.00	41.00	41.00	41.00	36.00	19.00	19.00	19.00	7.00	7.00	7.00	66.00	-	-	-	-	-	-	-	-
Float	-	-	-	23.00	-	-	-	11.00	-	-	-	37.00	-	-	-	53.00	-	-	-	106	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by 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	-15.5%	-351	-304	820	-4,217	-2,223	-10,293	765	-609	-17,564	-5,698	-7,017	-8,197	-9,850	-6,372	4,587	1,075	-4,720	5,981	-30,256	-4,528	5,848
Share Based Compensation	23.5%	458	371	358	309	415	637	216	283	325	285	179	296	317	312	235	223	397	307	5,557	47.00	123
Cashflow From Investing	-1100.0%	-12.00	-1.00	-	-	-2.00	-	-3.00	-3.00	-26.00	-	-	-	192	-10.00	-9.00	-184	-101	-764	-300	-191	-575
Cashflow From Financing	-109.7%	-37.00	382	-36.00	-37.00	-36.00	7,612	6,763	9.00	18,636	9,009	1.00	-32.00	127	-8.00	21,122	173	-230	-4,562	36,398	1,522	6,245

SONM Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net revenues	$ 93,632	$ 69,828
Cost of revenues	74,308	58,205
Gross profit	19,324	11,623
Operating expenses:
Research and development	1,772	7,973
Sales and marketing	8,768	7,274
General and administrative	8,271	10,666
Total operating expenses	18,811	25,913
Net income (loss) from operations	513	(14,290)
Interest expense	(15)	(97)
Other income (expense), net	(214)	484
Net income (loss) before income taxes	284	(13,903)
Income tax expense	(374)	(184)
Net loss	$ (90)	$ (14,087)
Net loss per share:
Basic	$ (0.00)	$ (0.49)
Diluted	$ (0.00)	$ (0.49)
Weighted-average shares used in computing net loss per share:
Basic	41,689,386	28,889,111
Diluted	41,689,386	28,889,111

SONM Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 9,397	$ 13,213
Accounts receivable, net	25,304	22,433
Non-trade receivable	961	2,269
Inventory	6,517	3,910
Prepaid expenses and other current assets	1,608	1,807
Total current assets	43,787	43,632
Property and equipment, net	71	168
Right-of-use assets	55	66
Contract fulfillment assets	9,232	6,848
Other assets	2,898	2,972
Total assets	56,043	53,686
Liabilities and stockholders’ equity
Current portion of long-term debt		147
Accounts payable	19,847	21,126
Accrued liabilities	12,233	10,692
Current portion of lease liability	55	66
Deferred revenue	12	31
Total current liabilities	32,147	32,062
Income tax payable	1,528	1,429
Accrued severance		150
Total liabilities	33,675	33,641
Commitments and contingencies (Note 12)
Stockholders’ equity
Common stock, $0.001 par value per share; 100,000,000 shares authorized: and 43,081,083 and 40,774,687 shares issued and outstanding at December 31, 2023 and 2022, respectively	43	41
Preferred stock, $0.001 par value per share, 5,000,000 shares authorized: and no shares issued and outstanding at December 31, 2023 and 2022, respectively
Additional paid-in capital	272,285	269,874
Accumulated deficit	(249,960)	(249,870)
Total stockholders’ equity	22,368	20,045
Total liabilities and stockholders’ equity	$ 56,043	$ 53,686

About Sonim Technologies Inc

Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP10, Sonim XP5plus, 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 headquartered in San Diego, California.

CEO	Mr. Hao Liu
WEBSITE	sonimtech.com
INDUSTRY	Computer Hardware
EMPLOYEES	54

Sonim Technologies Inc Frequently Asked Questions

What is the ticker symbol for Sonim Technologies Inc? What does SONM stand for in stocks?

SONM is the stock ticker symbol of Sonim Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sonim Technologies Inc (SONM)?

As of Fri Apr 19 2024, market cap of Sonim Technologies Inc is 20.74 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SONM stock?

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

What is the fair value of SONM stock?

You can check SONM's fair value in chart for subscribers. The fair value of Sonim Technologies 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 Sonim Technologies 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 SONM 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 Sonim Technologies Inc a good stock to buy?

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

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

As of Fri Apr 19 2024, SONM's PE ratio (Price to Earnings) is -230.43 and Price to Sales (PS) ratio is 0.22. 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. SONM PE ratio will change depending on the future growth rate expectations of investors.