Sonim Technologies (DB:6RO) - Stock Price, News & Analysis

6RO Stock Overview

Provides ruggedized mobile phones and accessories for task workers.

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

Rewards

Trading at 94.2% below our estimate of its fair value

Revenue is forecast to grow 50.71% per year

Trading at good value compared to peers and industry

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (€12M)

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

+ 1 more risk

Sonim Technologies, Inc. Competitors

Secanda

MUN:SC8

€6.6m

Pyramid

XTRA:M3BK

€23.5m

Hyrican Informationssysteme

DB:HYI

€25.2m

Cherry

XTRA:C3RY

€51.7m

Price History & Performance

Summary of all time highs, changes and price drops for Sonim Technologies
Historical stock prices
Current Share Price	US$8.10
52 Week High	US$8.10
52 Week Low	US$4.14
Beta	2.58
11 Month Change	0%
3 Month Change	80.00%
1 Year Change	44.39%
33 Year Change	-77.37%
5 Year Change	-98.76%
Change since IPO	-99.13%

Recent updates

Shareholder Returns

	6RO	DE Tech	DE Market
7D	0%	0.3%	0.9%
1Y	44.4%	-52.4%	4.9%

Return vs Industry: 6RO exceeded the German Tech industry which returned -52.4% over the past year.

Return vs Market: 6RO exceeded the German Market which returned 4.9% over the past year.

Price Volatility

Is 6RO's price volatile compared to industry and market?
6RO volatility
6RO Average Weekly Movement	n/a
Tech Industry Average Movement	6.3%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.1%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: 6RO's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine 6RO'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?
6RO fundamental statistics
Market cap	€10.78m
Earnings (TTM)	-€9.27m
Revenue (TTM)	€62.04m

0.2x

P/S Ratio

-1.2x

P/E Ratio

Is 6RO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6RO income statement (TTM)
Revenue	US$69.29m
Cost of Revenue	US$55.91m
Gross Profit	US$13.38m
Other Expenses	US$23.73m
Earnings	-US$10.35m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-2.14
Gross Margin	19.31%
Net Profit Margin	-14.93%
Debt/Equity Ratio	0%

How did 6RO perform over the long term?

See historical performance and comparison

6RO Stock Overview

Rewards

Risk Analysis

Sonim Technologies, Inc. Competitors

MUN:SC8

€6.6m

XTRA:M3BK

€23.5m

DB:HYI

€25.2m

XTRA:C3RY

€51.7m

Price History & Performance

Recent News & Updates

Sonim Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $8.943 million.

Sonim Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $8.943 million.

New major risk - Share price stability

First quarter 2024 earnings released: US$0.067 loss per share (vs US$0.006 profit in 1Q 2023)

Forecast breakeven date pushed back to 2025

Sonim Technologies, Inc., Annual General Meeting, Jul 17, 2024

Recent updates

Sonim Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $8.943 million.

Sonim Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $8.943 million.

New major risk - Share price stability

First quarter 2024 earnings released: US$0.067 loss per share (vs US$0.006 profit in 1Q 2023)

Forecast breakeven date pushed back to 2025

Sonim Technologies, Inc., Annual General Meeting, Jul 17, 2024

Sonim Technologies, Inc. announced that it expects to receive $3.85 million in funding

New minor risk - Share price stability

Full year 2023 earnings released: US$0.002 loss per share (vs US$0.49 loss in FY 2022)

Forecast to breakeven in 2024

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

New minor risk - Shareholder dilution

Sonim Technologies, Inc. Announces Board Changes

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

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

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)

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

New 90-day high: €1.08

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

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

New 90-day high: €0.84

Sonim Technologies Receives Nasdaq Extension

New 90-day high: €0.64

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

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

Revenue misses expectations

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

New 90-day low: €0.42

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