Minim (OTCPK:MINM) - Stock Price, News & Analysis

MINM Stock Overview

Minim, Inc., together with its subsidiaries, delivers intelligent networking products that connects homes and offices in North America and internationally.

About the company

MINM fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Risk Analysis

Highly volatile share price over the past 3 months

Does not have a meaningful market cap ($9M)

Earnings have declined by 43.2% per year over past 5 years

Has less than 1 year of cash runway

+ 2 more risks

Minim, Inc. Competitors

EMCORE

NasdaqCM:EMKR

US$9.5m

ClearOne

NasdaqCM:CLRO

US$14.0m

Actelis Networks

NasdaqCM:ASNS

US$10.3m

DZS

OTCPK:DZSI

US$5.7m

Price History & Performance

Summary of all time highs, changes and price drops for Minim
Historical stock prices
Current Share Price	US$3.20
52 Week High	US$10.28
52 Week Low	US$0.60
Beta	2.91
11 Month Change	47.47%
3 Month Change	-4.19%
1 Year Change	66.67%
33 Year Change	-94.31%
5 Year Change	-83.38%
Change since IPO	156.00%

Recent updates

Minim, Inc.'s (NASDAQ:MINM) Shares Bounce 35% But Its Business Still Trails The Industry

Feb 15

Shareholder Returns

	MINM	US Communications	US Market
7D	-4.5%	0.2%	0.07%
1Y	66.7%	12.0%	22.7%

Return vs Industry: MINM exceeded the US Communications industry which returned 11.8% over the past year.

Return vs Market: MINM exceeded the US Market which returned 22.6% over the past year.

Price Volatility

Is MINM's price volatile compared to industry and market?
MINM volatility
MINM Average Weekly Movement	16.8%
Communications Industry Average Movement	6.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.0%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: MINM's weekly volatility has decreased from 62% to 17% over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1977	43	David Lazar	www.minim.com

Minim, Inc., together with its subsidiaries, delivers intelligent networking products that connects homes and offices in North America and internationally. It offers hardware products, including cable modems, cable modem/routers, gateways, mobile broadband modems, wireless routers, routers, multimedia over coax adapters, mesh home networking devices, mesh systems, and other local area network products. The company also provides Minim mobile applications for end users to personalize and monitor their home and office network for speed testing, data usage tracking, security alerts, malware blocking, privacy settings, and parental controls; and Minim web application that enables technical support representatives of Internet Service Providers (ISPs) and businesses to offer remote support with network insights.

Minim, Inc. Fundamentals Summary

How do Minim's earnings and revenue compare to its market cap?
MINM fundamental statistics
Market cap	US$8.99m
Earnings (TTM)	-US$11.71m
Revenue (TTM)	US$8.80m

1.0x

P/S Ratio

-0.8x

P/E Ratio

Is MINM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MINM income statement (TTM)
Revenue	US$8.80m
Cost of Revenue	US$11.22m
Gross Profit	-US$2.42m
Other Expenses	US$9.30m
Earnings	-US$11.71m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-4.17
Gross Margin	-27.47%
Net Profit Margin	-133.10%
Debt/Equity Ratio	0%

How did MINM perform over the long term?

See historical performance and comparison

MINM Stock Overview

Rewards

Risk Analysis

Minim, Inc. Competitors

NasdaqCM:EMKR

US$9.5m

NasdaqCM:CLRO

US$14.0m

NasdaqCM:ASNS

US$10.3m

OTCPK:DZSI

US$5.7m

Price History & Performance

Recent News & Updates

Minim, Inc. announced delayed 10-Q filing

Minim, Inc.(NasdaqGM:MINM) dropped from NASDAQ Composite Index

Minim Receives Letter from Nasdaq Due to Non-Compliance with the Minimum $2.5 Million Stockholders’ Equity Requirement

Minim, Inc. announced delayed 10-Q filing

Minim, Inc. announced delayed annual 10-K filing

New major risk - Shareholder dilution

Recent updates

Minim, Inc. announced delayed 10-Q filing

Minim, Inc.(NasdaqGM:MINM) dropped from NASDAQ Composite Index

Minim Receives Letter from Nasdaq Due to Non-Compliance with the Minimum $2.5 Million Stockholders’ Equity Requirement

Minim, Inc. announced delayed 10-Q filing

Minim, Inc. announced delayed annual 10-K filing

New major risk - Shareholder dilution

e2Companies LLC entered into a definitive agreement to acquire Minim, Inc. (NasdaqCM:MINM) in a reverse merger transaction.

Minim, Inc.'s (NASDAQ:MINM) Shares Bounce 35% But Its Business Still Trails The Industry

High number of new and inexperienced directors

Minim Receives Non-Compliance Notice from Nasdaq

Minim, Inc. Receives A Letter from Nasdaq Regarding Regaining Compliance with Both Nasdaq Listing Rules 5550(a)(2) and 5550(a)(5)

Minim Receives Non-Compliance Notice from Nasdaq Regarding Non-Compliance with the Minimum Market Value of Publicly Held Shares Requirement for Continued Listing

Nasdaq Grants Minim Grace Period of 180 Calendar Days, or Until May 28, 2024, to Regain Compliance with the Minimum Closing Bid Price Requirement for Continued Listing

Minim, Inc. Announces Receipt of Nasdaq Listing Deficiency Notice

Minim, Inc. announced delayed 10-Q filing

Second quarter 2023 earnings released: US$2.96 loss per share (vs US$2.39 loss in 2Q 2022)

Less than half of directors are independent

Minim, Inc. Elects David Natan as Independent Director, Member of Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee

Minim Receives Letter from the Nasdaq Stock Market Regarding Not in Compliance with Nasdaq’s Rules for Continued Listing Under Nasdaq Listing Rule 5605

Minim, Inc. Announces Resignation of Elizabeth C. Hitchcock as Director, Effective September 29, 2023

Minim, Inc. Announces Resignation of George I. Kassas as Director, Effective September 15, 2023

Minim Receives Non-Compliance Letter from the Nasdaq Stock Market

Less than half of directors are independent

Minim, Inc. Announces Resignation of Dustin Tacker as Chief Financial Officer

Minim Receives Non-Compliance Notice From Nasdaq

Minim, Inc. announced delayed 10-Q filing

Full year 2022 earnings released: US$0.34 loss per share (vs US$0.09 loss in FY 2021)

Minim, Inc. Announces Resignation of David Aronoff from the Board of Directors, Member and Chair of the Compensation Committee and A Member of the Audit Committee

Minim, Inc. Announces the Resignation of Joshua Horowitz from the Board of Directors, Member and Chair of the Nominating & Governance Committee of the Board and Member of the Audit Committee of the Board

Third quarter 2022 earnings released: US$0.087 loss per share (vs US$0.04 profit in 3Q 2021)

High number of new directors

Third quarter 2022 earnings released: US$0.087 loss per share (vs US$0.04 profit in 3Q 2021)

High number of new directors

Minim, Inc. Announces Major Promotions on Motorola Branded Home Networking Devices

Pontera appoints Nicole Zheng as CMO

Minim, Inc. Announces Executive Changes

Minim names finance chief Mehul Patel as CEO

Minim, Inc. Introduces First-Ever Motorola WiFi 6E Mesh System

Minim, Inc. announced delayed 10-Q filing

Minim, Inc. Announces the Launch of the Motorola Q11, A New WiFi 6 Mesh System

Minim, Inc. Announces Resignation of Nicole Hayward Zheng as President and Chief Marketing Officer, Effective August 26, 2022

Minim announces plan for President & CMO transition

Minim, Inc. Announces A Second Shelf Expansion This Week in Target Stores Across the United States

Minim, Inc. Announces Retail Shelf Expansion with its First WiFi 6 Modem/Router Product Placement in Hundreds of Best Buy Locations Across the United States

Minim, Inc. Appoints Paul Walsh as Advisor to the Board of Directors and Management

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Minim, Inc., Annual General Meeting, Jun 08, 2022

Minim, Inc., Annual General Meeting, Jun 08, 2022

Price target decreased to US$1.43

High number of new and inexperienced directors

Consensus revenue estimates fall by 21%

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 21% undervalued after recent price drop

Minim Names Mehul Patel Chief Financial Officer, Effective March 21, 2022

Minim Announces Method of Registering WiFi Network Data to the Blockchain

Is Minim (NASDAQ:MINM) Using Debt Sensibly?

Minim, Inc. Announces Two New Motorola Mesh Wifi 6 Systems

No longer forecast to breakeven

Minim, Inc.'s Motorola WiFi 6 Gateway Series Launches for Cable Subscribers