Socket Mobile, Inc.

NasdaqCM:SCKT Stock Report

Market Cap: US$11.6m

Socket Mobile Management

Management criteria checks 4/4

Socket Mobile's CEO is Kevin Mills, appointed in Mar 2000, has a tenure of 24.83 years. total yearly compensation is $364.00K, comprised of 82.4% salary and 17.6% bonuses, including company stock and options. directly owns 3.6% of the company’s shares, worth $416.31K. The average tenure of the management team and the board of directors is 4.7 years and 6.6 years respectively.

Key information

Kevin Mills

Chief executive officer

US$364.0k

Total compensation

CEO salary percentage82.4%
CEO tenure24.8yrs
CEO ownership3.6%
Management average tenure4.7yrs
Board average tenure6.6yrs

Recent management updates

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

CEO Compensation Analysis

How has Kevin Mills's remuneration changed compared to Socket Mobile's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$1m

Jun 30 2024n/an/a

-US$2m

Mar 31 2024n/an/a

-US$1m

Dec 31 2023US$364kUS$300k

-US$2m

Sep 30 2023n/an/a

-US$2m

Jun 30 2023n/an/a

-US$2m

Mar 31 2023n/an/a

-US$1m

Dec 31 2022US$465kUS$294k

US$78k

Sep 30 2022n/an/a

US$525k

Jun 30 2022n/an/a

US$2m

Mar 31 2022n/an/a

US$4m

Dec 31 2021US$480kUS$278k

US$4m

Sep 30 2021n/an/a

US$5m

Jun 30 2021n/an/a

US$315k

Mar 31 2021n/an/a

-US$3m

Dec 31 2020US$338kUS$236k

-US$3m

Sep 30 2020n/an/a

-US$5m

Jun 30 2020n/an/a

-US$663k

Mar 31 2020n/an/a

US$186k

Dec 31 2019US$375kUS$278k

US$287k

Sep 30 2019n/an/a

US$63k

Jun 30 2019n/an/a

-US$76k

Mar 31 2019n/an/a

-US$334k

Dec 31 2018US$277kUS$248k

-US$571k

Compensation vs Market: Kevin's total compensation ($USD364.00K) is below average for companies of similar size in the US market ($USD645.01K).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.

CEO

Kevin Mills (63 yo)

24.8yrs

Tenure

US$364,000

Compensation

Mr. Kevin J. Mills has been the President and Chief Executive Officer of Socket Mobile, Inc. since March 2000. Mr. Mills served as the Chief Operating Officer of Socket Mobile, Inc. from September 1998 to...

Leadership Team

NamePositionTenureCompensationOwnership
Kevin Mills
President24.8yrsUS$364.00k3.6%
$ 416.3k
Lynn Zhao
CFO, VP of Finance & Administration5.7yrsUS$280.50k1.82%
$ 210.1k
Leonard Ott
Senior VP & Chief Information Officerless than a yearUS$280.50k1.57%
$ 181.2k
David Holmes
Chief Business Officer3.7yrsUS$304.30k1.16%
$ 133.5k
Eric Glaenzer
VP & Chief Technology Officerless than a yearno data0.48%
$ 55.9k
Flora Chu
General Counsel9.8yrsno datano data

4.7yrs

Average Tenure

59yo

Average Age

Experienced Management: SCKT's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kevin Mills
President24.8yrsUS$364.00k3.6%
$ 416.3k
Lynn Zhao
CFO, VP of Finance & Administration5.7yrsUS$280.50k1.82%
$ 210.1k
William Parnell
Independent Director7.6yrsUS$52.40k0.42%
$ 48.6k
Charlie Bass
Independent Chairman of the Board32.8yrsUS$56.12k20.93%
$ 2.4m
Ivan Lazarev
Independent Director5.3yrsUS$40.68k0.28%
$ 32.7k
Alexis Hartmann
Independent Directorless than a yearno data0.069%
$ 8.0k

6.6yrs

Average Tenure

65yo

Average Age

Experienced Board: SCKT's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 19:13
End of Day Share Price 2025/01/08 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

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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.