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Socket Mobile NasdaqCM:SCKT Stock Report

Last Price

US$1.24

Market Cap

US$8.5m

7D

15.9%

1Y

-15.6%

Updated

07 May, 2024

Data

Company Financials

SCKT Stock Overview

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally.

SCKT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Socket Mobile, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Socket Mobile
Historical stock prices
Current Share PriceUS$1.24
52 Week HighUS$1.59
52 Week LowUS$0.90
Beta0.80
1 Month Change15.88%
3 Month Change13.76%
1 Year Change-15.65%
3 Year Change-75.69%
5 Year Change-51.75%
Change since IPO-97.98%

Recent News & Updates

Recent updates

Does Socket Mobile (NASDAQ:SCKT) Have A Healthy Balance Sheet?

Oct 22
Does Socket Mobile (NASDAQ:SCKT) Have A Healthy Balance Sheet?

Some Investors May Be Worried About Socket Mobile's (NASDAQ:SCKT) Returns On Capital

Jan 12
Some Investors May Be Worried About Socket Mobile's (NASDAQ:SCKT) Returns On Capital

Socket Mobile updates barcode scanners to support iOS 16

Sep 26

We Ran A Stock Scan For Earnings Growth And Socket Mobile (NASDAQ:SCKT) Passed With Ease

Sep 20
We Ran A Stock Scan For Earnings Growth And Socket Mobile (NASDAQ:SCKT) Passed With Ease

Return Trends At Socket Mobile (NASDAQ:SCKT) Aren't Appealing

Jun 08
Return Trends At Socket Mobile (NASDAQ:SCKT) Aren't Appealing

Estimating The Fair Value Of Socket Mobile, Inc. (NASDAQ:SCKT)

May 03
Estimating The Fair Value Of Socket Mobile, Inc. (NASDAQ:SCKT)

Is Socket Mobile (NASDAQ:SCKT) Using Too Much Debt?

Feb 11
Is Socket Mobile (NASDAQ:SCKT) Using Too Much Debt?

Socket Mobile: Management's Ability To Weather Supply Chain Disruption Is Unparalleled

Dec 01

Shareholders Shouldn’t Be Too Comfortable With Socket Mobile's (NASDAQ:SCKT) Strong Earnings

Nov 19
Shareholders Shouldn’t Be Too Comfortable With Socket Mobile's (NASDAQ:SCKT) Strong Earnings

Socket Mobile: An Amazing Economy Re-Opening Play

Sep 27

Socket Mobile's (NASDAQ:SCKT) Returns On Capital Not Reflecting Well On The Business

Aug 30
Socket Mobile's (NASDAQ:SCKT) Returns On Capital Not Reflecting Well On The Business

Socket Mobile: An Asset Light Undervalued Powerhouse

Jul 15

Socket Mobile skyrockets on contactless reader clearing Google Wallet Certification

Nov 18

Socket Mobile launches Durasled for iPhone SE 2020

Nov 04

Socket Mobile share jumps 40% PM on SocketScan achieving Apple Pay compatibility

Oct 28

Shareholder Returns

SCKTUS TechUS Market
7D15.9%4.5%1.6%
1Y-15.6%7.4%25.1%

Return vs Industry: SCKT underperformed the US Tech industry which returned 7.4% over the past year.

Return vs Market: SCKT underperformed the US Market which returned 25.1% over the past year.

Price Volatility

Is SCKT's price volatile compared to industry and market?
SCKT volatility
SCKT Average Weekly Movement5.8%
Tech Industry Average Movement7.5%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: SCKT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199261Kevin Millswww.socketmobile.com

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; SocketScan and DuraScan 700 series, companion scanners and 800 series, attachable scanners, and wearables; and DuraSled, a barcode scanning sled that protects phones from impact damage and provides charging solutions.

Socket Mobile, Inc. Fundamentals Summary

How do Socket Mobile's earnings and revenue compare to its market cap?
SCKT fundamental statistics
Market capUS$8.53m
Earnings (TTM)-US$1.48m
Revenue (TTM)US$17.70m

0.5x

P/S Ratio

-6.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SCKT income statement (TTM)
RevenueUS$17.70m
Cost of RevenueUS$8.80m
Gross ProfitUS$8.90m
Other ExpensesUS$10.38m
Earnings-US$1.48m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.20
Gross Margin50.26%
Net Profit Margin-8.38%
Debt/Equity Ratio15.6%

How did SCKT perform over the long term?

See historical performance and comparison
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