Sonim Technologies Past Earnings Performance
Past criteria checks 0/6
Sonim Technologies has been growing earnings at an average annual rate of 21.9%, while the Tech industry saw earnings growing at 25.5% annually. Revenues have been declining at an average rate of 8.7% per year.
Key information
21.9%
Earnings growth rate
58.5%
EPS growth rate
Tech Industry Growth | 14.3% |
Revenue growth rate | -8.7% |
Return on equity | -59.2% |
Net Margin | -14.9% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Market Might Still Lack Some Conviction On Sonim Technologies, Inc. (NASDAQ:SONM) Even After 26% Share Price Boost
Oct 25Lacklustre Performance Is Driving Sonim Technologies, Inc.'s (NASDAQ:SONM) 47% Price Drop
Aug 07Sonim Technologies, Inc. (NASDAQ:SONM) Shares Fly 27% But Investors Aren't Buying For Growth
Jun 14Sonim Technologies, Inc. (NASDAQ:SONM) Might Not Be As Mispriced As It Looks
Mar 29Sonim Technologies (NASDAQ:SONM) Might Be Having Difficulty Using Its Capital Effectively
Feb 02Is Sonim Technologies (NASDAQ:SONM) In A Good Position To Invest In Growth?
Nov 03Take Care Before Diving Into The Deep End On Sonim Technologies, Inc. (NASDAQ:SONM)
Sep 17Sonim technologies launches xp5plus rugged device with TELUS
Oct 07Sonim technologies climbs 4.98% on securing $9M tablet purchase order
Sep 06Sonim Technologies GAAP EPS of -$0.22, revenue of $11.96M
Aug 12We're Keeping An Eye On Sonim Technologies' (NASDAQ:SONM) Cash Burn Rate
Jul 05Sonim names Robert Tirva as president and chief operating officer
Jun 01Sonim Technologies, Inc.'s (NASDAQ:SONM) Profit Outlook
May 08Reflecting on Sonim Technologies' (NASDAQ:SONM) Share Price Returns Over The Last Year
Mar 09Should You Take Comfort From Insider Transactions At Sonim Technologies, Inc. (NASDAQ:SONM)?
Jan 15Sonim Technologies rallies on software development relationship with Coforge
Dec 22Sonim Technologies, Inc.'s (NASDAQ:SONM) Profit Outlook
Nov 23Revenue & Expenses Breakdown
How Sonim Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 69 | -10 | 20 | 3 |
31 Mar 24 | 85 | -3 | 18 | 2 |
31 Dec 23 | 94 | 0 | 17 | 2 |
30 Sep 23 | 104 | 0 | 16 | 2 |
30 Jun 23 | 97 | -2 | 15 | 1 |
31 Mar 23 | 82 | -7 | 16 | 4 |
31 Dec 22 | 70 | -14 | 17 | 8 |
30 Sep 22 | 62 | -25 | 20 | 11 |
30 Jun 22 | 56 | -34 | 23 | 16 |
31 Mar 22 | 56 | -37 | 24 | 17 |
31 Dec 21 | 55 | -39 | 27 | 18 |
30 Sep 21 | 54 | -33 | 26 | 19 |
30 Jun 21 | 54 | -29 | 25 | 17 |
31 Mar 21 | 64 | -29 | 27 | 17 |
31 Dec 20 | 64 | -30 | 27 | 16 |
30 Sep 20 | 65 | -32 | 26 | 16 |
30 Jun 20 | 80 | -32 | 27 | 19 |
31 Mar 20 | 102 | -31 | 30 | 23 |
31 Dec 19 | 116 | -26 | 30 | 26 |
30 Sep 19 | 146 | -14 | 30 | 27 |
30 Jun 19 | 156 | -8 | 29 | 27 |
31 Mar 19 | 144 | -6 | 22 | 25 |
31 Dec 18 | 136 | -9 | 19 | 23 |
31 Dec 17 | 59 | -15 | 14 | 13 |
Quality Earnings: SONM is currently unprofitable.
Growing Profit Margin: SONM is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SONM is unprofitable, but has reduced losses over the past 5 years at a rate of 21.9% per year.
Accelerating Growth: Unable to compare SONM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SONM is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (31.4%).
Return on Equity
High ROE: SONM has a negative Return on Equity (-59.22%), as it is currently unprofitable.