Sonim Technologies (BST:2W9) - Stock Price, News & Analysis

2W9 Stock Overview

Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers.

2W9 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	6/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 98.4% below our estimate of its fair value

Earnings are forecast to grow 139.88% per year

Earnings have grown 7.6% per year over the past 5 years

Risk Analysis

Shares are highly illiquid

Shareholders have been diluted in the past year

Does not have a meaningful market cap (€22M)

Sonim Technologies, Inc. Competitors

Endor

MUN:E2N

€25.0m

Hyrican Informationssysteme

DB:HYI

€26.2m

Cherry

XTRA:C3RY

€45.5m

Secanda

DB:SC8

€6.7m

Price History & Performance

Summary of all time highs, changes and price drops for Sonim Technologies
Historical stock prices
Current Share Price	US$0.57
52 Week High	US$1.08
52 Week Low	US$0.56
Beta	2.41
1 Month Change	0%
3 Month Change	n/a
1 Year Change	-29.63%
3 Year Change	-88.51%
5 Year Change	n/a
Change since IPO	-99.39%

Recent updates

Shareholder Returns

	2W9	DE Tech	DE Market
7D	0%	-4.1%	-1.7%
1Y	-29.6%	-63.8%	1.4%

Return vs Industry: 2W9 exceeded the German Tech industry which returned -65.1% over the past year.

Return vs Market: 2W9 underperformed the German Market which returned 1.1% over the past year.

Price Volatility

Is 2W9's price volatile compared to industry and market?
2W9 volatility
2W9 Average Weekly Movement	n/a
Tech Industry Average Movement	14.3%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	9.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 2W9 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 2W9's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1999	67	Peter Liu	www.sonimtech.com

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, and Sonim XP Pro; Sonim mobile hotspot; industrial-grade accessories. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells wireless carrier channels through distribution channels in North America and Europe.

Sonim Technologies, Inc. Fundamentals Summary

How do Sonim Technologies's earnings and revenue compare to its market cap?
2W9 fundamental statistics
Market cap	€20.89m
Earnings (TTM)	-€84.50k
Revenue (TTM)	€87.91m

0.2x

P/S Ratio

-247.2x

P/E Ratio

Is 2W9 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2W9 income statement (TTM)
Revenue	US$93.63m
Cost of Revenue	US$74.31m
Gross Profit	US$19.32m
Other Expenses	US$19.41m
Earnings	-US$90.00k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0021
Gross Margin	20.64%
Net Profit Margin	-0.096%
Debt/Equity Ratio	0%

How did 2W9 perform over the long term?

See historical performance and comparison

2W9 Stock Overview

Rewards

Risk Analysis

Sonim Technologies, Inc. Competitors

MUN:E2N

€25.0m

DB:HYI

€26.2m

XTRA:C3RY

€45.5m

DB:SC8

€6.7m

Price History & Performance

Recent News & Updates

The Nasdaq Stock Market, LLC Grants Sonim Technologies' Request for an Additional 180-Day Period, or Until September 9, 2024 to Evidence Compliance with the Minimum Bid Price Requirement

High number of new and inexperienced directors

New minor risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: US$0.013 (vs US$0.045 loss in 3Q 2022)

Sonim Technologies, Inc. Announces Board Changes

High number of new and inexperienced directors

Recent updates

The Nasdaq Stock Market, LLC Grants Sonim Technologies' Request for an Additional 180-Day Period, or Until September 9, 2024 to Evidence Compliance with the Minimum Bid Price Requirement

High number of new and inexperienced directors

New minor risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: US$0.013 (vs US$0.045 loss in 3Q 2022)

Sonim Technologies, Inc. Announces Board Changes

High number of new and inexperienced directors

Sonim Technologies Receives Non-Compliance Notice from Nasdaq

High number of new directors

Sonim Technologies, Inc., Annual General Meeting, Sep 28, 2023

Sonim Technologies Appoints Simon Rayne as Senior Vice President and General Manager for UK, EMEA, and APAC

Sonim Technologies, Inc., Annual General Meeting, Oct 26, 2022

Sonim Technologies, Inc. announced that it has received $17.5 million in funding from AJP Holdings, LLC

Sonim Technologies, Inc. Announces Board Changes

Sonim Technologies Launches New Xp5plus Rugged Device with At&T

Sonim Technologies, Inc. announced that it expects to receive $17.5 million in funding from AJP Holdings, LLC

Sonim Technologies, Inc. Appoints Peter Liu as Chief Executive Officer

Sonim Technologies, Inc. Announces Resignation of Kenny Young as Member of the Board of Directors

Sonim Technologies and Klein Electronics Introduce the Rescue Remote Speaker Microphone

Sonim Announces Reverse Stock Split

Sonim Technologies, Inc. Launches New Xp3plus Ultra-Rugged Flip Phone

Forecast to breakeven in 2023

Sonim Technologies Introduces Waterproof Headsets and Rsms with 3 Year Comprehensive Warranty from Klein Electronics

Second quarter 2021 earnings released: US$0.10 loss per share (vs US$0.22 loss in 2Q 2020)

Forecast to breakeven in 2023

Sonim Introduces the RT80 Rugged Tablet

Sonim Technologies's XP8 Android Handset Now Supported by Mission-Critical Standards-Based FirstNet® Push-to-Talk Solution from At&T

First quarter 2021 earnings released: US$0.14 loss per share (vs US$0.48 loss in 1Q 2020)

Sonim Technologies, Inc. Announces the Commercial Availability of Its RS60 SmartScanner Handheld in North America and Europe

Sonim Technologies Receives Deficiency Letter from Nasdaq

Sonim Technologies, Inc. Introduces Stone Mountain Remote Speaker Microphones with DSP Noise Cancellation and PTT-over-Cellular Solution

Insider recently sold €388k worth of stock

Full year 2020 earnings released: US$0.65 loss per share (vs US$1.39 loss in FY 2019)

Revenue beats expectations

Sonim Technologies, Inc. to Report Q4, 2020 Results on Mar 10, 2021

Sonim Technologies, Inc. and Energy Electronics, LLC Announce New Distribution Agreement in North America

Sonim Regains Compliance with Nasdaq Listing Requirements

Sonim Technologies Announces the Commercial Availability of its RS80 SmartScanner Tablet in North America and Europe

New 90-day high: €1.05

Sonim Technologies and Syndico Partner to Bring Ultra-Rugged Devices to the United Kingdom

Sonim Technologies Receives Nasdaq Extension

New 90-day high: €0.79

New 90-day high: €0.60

Sonim Technologies, Inc. Announces Software Development Relationship with Coforge

Sonim Technologies, Inc. Announces Its XP5s Ultra-Rugged Feature Phone Supported by Mission-Critical Standards Based Firstnet® Ptt Solution from At&T

Sonim Technologies and Acuraflow Announce New Distribution Agreement in Latin America

Third quarter 2020 earnings released: US$0.098 loss per share

Revenue misses expectations

Third quarter 2020 earnings released: US$0.098 loss per share

Sonim Technologies, Inc. Announces Rugged Handheld and Tablet with Integrated Barcode Scanners

Sonim Technologies, Inc. to Report Q3, 2020 Results on Nov 11, 2020

Sonim XP8 Ultra-Rugged Smartphone Supported by New Verizon MCPTT Offering

Sonim Technologies Launches Sonim SOS as Part of Its SonimWare Enterprise Mobility Software

New 90-day low: €0.57

Sonim Technologies, Inc. and Capestone Partner to Bring Sonim's Ultra-Rugged Devices to Europe

Sonim Technologies, Inc. Announces Board and Committee Changes

New 90-day low: €0.65

Sonim Technologies Supports goTenna Pro Mesh Networking Radio Devices for Situational Awareness, Off-Grid Connectivity

First half earnings released

New 90-day high - €0.94