SONM Stock Overview

Engages in the provision of enterprise 5G solutions in the United States, Canada, Europe, Middle East, and Asia Pacific. More details

SONM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Shareholders have been substantially diluted in the past year

Negative shareholders equity

Does not have a meaningful market cap ($10M)

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

Sonim Technologies, Inc. Competitors

Qualstar

OTCPK:QBAK

US$8.5m

Borqs Technologies

OTCPK:BRQS.F

US$6.4m

Socket Mobile

NasdaqCM:SCKT

US$8.8m

Video Display

OTCPK:VIDE

US$4.7m

Price History & Performance

Summary of share price highs, lows and changes for Sonim Technologies
Historical stock prices
Current Share Price	US$1.43
52 Week High	US$10.70
52 Week Low	US$1.03
Beta	2.07
1 Month Change	-34.77%
3 Month Change	-62.17%
1 Year Change	-71.31%
3 Year Change	-79.99%
5 Year Change	-98.19%
Change since IPO	-99.87%

Recent updates

Little Excitement Around Sonim Technologies, Inc.'s (NASDAQ:SONM) Revenues As Shares Take 31% Pounding

Feb 15

Market Might Still Lack Some Conviction On Sonim Technologies, Inc. (NASDAQ:SONM) Even After 26% Share Price Boost

Oct 25

Lacklustre Performance Is Driving Sonim Technologies, Inc.'s (NASDAQ:SONM) 47% Price Drop

Aug 07

Sonim Technologies, Inc. (NASDAQ:SONM) Shares Fly 27% But Investors Aren't Buying For Growth

Jun 14

Sonim Technologies, Inc. (NASDAQ:SONM) Might Not Be As Mispriced As It Looks

Mar 29

Sonim Technologies (NASDAQ:SONM) Might Be Having Difficulty Using Its Capital Effectively

Feb 02

Is Sonim Technologies (NASDAQ:SONM) In A Good Position To Invest In Growth?

Nov 03

Take Care Before Diving Into The Deep End On Sonim Technologies, Inc. (NASDAQ:SONM)

Sep 17

Reflecting on Sonim Technologies' (NASDAQ:SONM) Share Price Returns Over The Last Year

Mar 09

Should You Take Comfort From Insider Transactions At Sonim Technologies, Inc. (NASDAQ:SONM)?

Jan 15

Sonim Technologies rallies on software development relationship with Coforge

Dec 22

Shareholder Returns

	SONM	US Tech	US Market
7D	-4.0%	17.0%	8.4%
1Y	-71.3%	16.1%	5.9%

Return vs Industry: SONM underperformed the US Tech industry which returned 14.4% over the past year.

Return vs Market: SONM underperformed the US Market which returned 5.9% over the past year.

Price Volatility

Is SONM's price volatile compared to industry and market?
SONM volatility
SONM Average Weekly Movement	18.2%
Tech Industry Average Movement	10.1%
Market Average Movement	7.7%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	4.0%

Stable Share Price: SONM's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SONM's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1999	131	Peter Liu	www.sonimtech.com

Sonim Technologies, Inc. engages in the provision of enterprise 5G solutions in the United States, Canada, Europe, Middle East, and Asia Pacific. The company offers ruggedized cell phones, including Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; XP100 4G and XP400 5G professional rugged phones; XP Pro 5G rugged smartphone; and XP3plus 5G rugged flip phone. It also provides connected solutions that include fixed wireless access and mobile hotspot devices, such as Sonim H100 low- and mid-range mobile hotspots; Sonim H700; and Sonim H500-series of 5G mobile hotspots.

Sonim Technologies, Inc. Fundamentals Summary

How do Sonim Technologies's earnings and revenue compare to its market cap?
SONM fundamental statistics
Market cap	US$10.18m
Earnings (TTM)	-US$33.65m
Revenue (TTM)	US$58.30m

0.2x

P/S Ratio

-0.3x

P/E Ratio

Is SONM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SONM income statement (TTM)
Revenue	US$58.30m
Cost of Revenue	US$51.84m
Gross Profit	US$6.46m
Other Expenses	US$40.10m
Earnings	-US$33.65m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-5.32
Gross Margin	11.07%
Net Profit Margin	-57.72%
Debt/Equity Ratio	0%

How did SONM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/15 12:13
End of Day Share Price	2025/04/15 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Sonim Technologies, Inc. is covered by 5 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.

Analyst	Institution
Michael Crawford	B. Riley Securities, Inc.
Matthew Galinko	B. Riley Wealth
Jaeson Allen Schmidt	Lake Street Capital Markets, LLC

SONM Stock Overview

Risk Analysis

Sonim Technologies, Inc. Competitors

OTCPK:QBAK

US$8.5m

OTCPK:BRQS.F

US$6.4m

NasdaqCM:SCKT

US$8.8m

OTCPK:VIDE

US$4.7m

Price History & Performance

Recent News & Updates

New major risk - Market cap size

New major risk - Shareholder dilution

Orbic North America LLC made an unsolicited non-binding proposal to acquire Sonim Technologies, Inc. (NasdaqCM:SONM) from AJP Holding Company, LLC and others for $25.6 million.

Full year 2024 earnings released: US$7.13 loss per share (vs US$0.022 loss in FY 2023)

New major risk - Market cap size

New minor risk - Share price stability

Recent updates

New major risk - Market cap size

New major risk - Shareholder dilution

Orbic North America LLC made an unsolicited non-binding proposal to acquire Sonim Technologies, Inc. (NasdaqCM:SONM) from AJP Holding Company, LLC and others for $25.6 million.

Full year 2024 earnings released: US$7.13 loss per share (vs US$0.022 loss in FY 2023)

New major risk - Market cap size

New minor risk - Share price stability

Little Excitement Around Sonim Technologies, Inc.'s (NASDAQ:SONM) Revenues As Shares Take 31% Pounding

Sonim Technologies, Inc. Announces Formation of Committee

New minor risk - Share price stability

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Market Might Still Lack Some Conviction On Sonim Technologies, Inc. (NASDAQ:SONM) Even After 26% Share Price Boost

Consensus EPS estimates fall by 48%, revenue upgraded

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Lacklustre Performance Is Driving Sonim Technologies, Inc.'s (NASDAQ:SONM) 47% Price Drop

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

Sonim Technologies, Inc. (NASDAQ:SONM) Shares Fly 27% But Investors Aren't Buying For Growth

New minor risk - Share price stability

First quarter 2024 earnings: EPS and revenues miss analyst expectations

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

Price target decreased by 90% to US$2.00

High number of new and inexperienced directors

Sonim Technologies, Inc. (NASDAQ:SONM) Might Not Be As Mispriced As It Looks

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

Sonim Technologies (NASDAQ:SONM) Might Be Having Difficulty Using Its Capital Effectively

Insider exercised options to buy US$92k worth of stock.

New minor risk - Shareholder dilution

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

Sonim Technologies, Inc. Announces Board Changes

Is Sonim Technologies (NASDAQ:SONM) In A Good Position To Invest In Growth?

Sonim Technologies Receives Non-Compliance Notice from Nasdaq

Take Care Before Diving Into The Deep End On Sonim Technologies, Inc. (NASDAQ:SONM)

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 launches xp5plus rugged device with TELUS

Sonim Technologies, Inc., Annual General Meeting, Oct 26, 2022

Sonim technologies climbs 4.98% on securing $9M tablet purchase order

Sonim Technologies GAAP EPS of -$0.22, revenue of $11.96M

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)

We're Keeping An Eye On Sonim Technologies' (NASDAQ:SONM) Cash Burn Rate

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

Sonim names Robert Tirva as president and chief operating officer

Consensus EPS estimates fall to -US$0.40

First quarter 2021 earnings released: US$0.14 loss per share (vs US$0.48 loss in 1Q 2020)