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Socket Mobile NasdaqCM:SCKT Stock Report

Last Price

US$1.49

Market Cap

US$11.3m

7D

-0.6%

1Y

33.2%

Updated

20 Jan, 2025

Data

Company Financials

Socket Mobile, Inc.

NasdaqCM:SCKT Stock Report

Market Cap: US$11.3m

SCKT Stock Overview

Provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. More details

SCKT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Socket Mobile, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Socket Mobile
Historical stock prices
Current Share PriceUS$1.49
52 Week HighUS$1.62
52 Week LowUS$0.91
Beta1.02
1 Month Change11.30%
3 Month Change11.30%
1 Year Change33.16%
3 Year Change-58.57%
5 Year Change-9.61%
Change since IPO-97.57%

Recent News & Updates

Socket Mobile, Inc.'s (NASDAQ:SCKT) 27% Share Price Surge Not Quite Adding Up

Nov 21
Socket Mobile, Inc.'s (NASDAQ:SCKT) 27% Share Price Surge Not Quite Adding Up

Recent updates

Socket Mobile, Inc.'s (NASDAQ:SCKT) 27% Share Price Surge Not Quite Adding Up

Nov 21
Socket Mobile, Inc.'s (NASDAQ:SCKT) 27% Share Price Surge Not Quite Adding Up

We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

Aug 05
We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

There's No Escaping Socket Mobile, Inc.'s (NASDAQ:SCKT) Muted Revenues Despite A 47% Share Price Rise

May 21
There's No Escaping Socket Mobile, Inc.'s (NASDAQ:SCKT) Muted Revenues Despite A 47% Share Price Rise

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

Shareholder Returns

SCKTUS TechUS Market
7D-0.6%-2.7%3.2%
1Y33.2%20.3%24.2%

Return vs Industry: SCKT exceeded the US Tech industry which returned 20.3% over the past year.

Return vs Market: SCKT exceeded the US Market which returned 24.2% over the past year.

Price Volatility

Is SCKT's price volatile compared to industry and market?
SCKT volatility
SCKT Average Weekly Movement10.8%
Tech Industry Average Movement9.6%
Market Average Movement6.5%
10% most volatile stocks in US Market18.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: SCKT's weekly volatility (11%) 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$11.34m
Earnings (TTM)-US$1.37m
Revenue (TTM)US$18.33m

0.6x

P/S Ratio

-8.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SCKT income statement (TTM)
RevenueUS$18.33m
Cost of RevenueUS$9.02m
Gross ProfitUS$9.31m
Other ExpensesUS$10.68m
Earnings-US$1.37m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.18
Gross Margin50.77%
Net Profit Margin-7.47%
Debt/Equity Ratio22.2%

How did SCKT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 22:48
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Socket Mobile, Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew GalinkoSidoti & Company, LLC
Laura EngelStonegate Capital Markets, Inc.
Marco RodriguezStonegate Capital Markets, Inc.