Sonim Technologies Past Earnings Performance
Past criteria checks 0/6
Sonim Technologies has been growing earnings at an average annual rate of 15.5%, while the Tech industry saw earnings growing at 8.2% annually. Revenues have been declining at an average rate of 11.2% per year.
Key information
15.5%
Earnings growth rate
52.7%
EPS growth rate
| Tech Industry Growth | 13.0% |
| Revenue growth rate | -11.2% |
| Return on equity | -14.4% |
| Net Margin | -3.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & 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 |
|---|---|---|---|---|
| 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: 2W9A is currently unprofitable.
Growing Profit Margin: 2W9A is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2W9A is unprofitable, but has reduced losses over the past 5 years at a rate of 15.5% per year.
Accelerating Growth: Unable to compare 2W9A's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2W9A is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (48.8%).
Return on Equity
High ROE: 2W9A has a negative Return on Equity (-14.41%), as it is currently unprofitable.