Socket Mobile, Inc.
General ticker "SCKT" information:
- Sector: Information Technology
- Industry: Technology Hardware, Storage & Peripherals
- Capitalization: $9.3M (TTM average)
Socket Mobile, Inc. does not follow the US Stock Market performance with the rate: -6.9%.
Estimated limits based on current volatility of 3.6%: low 1.22$, high 1.31$
Factors to consider:
- Total employees count: 61 (+8.9%) as of 2023
- North and South America accounted for 36.8% of revenue in the fiscal year ended 2023-12-31
- Top business risk factors: Technological obsolescence, Market competition, Demand forecasting, Distributor dependency, Intellectual property risks
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [0.87$, 2.03$]
- 2025-12-31 to 2026-12-31 estimated range: [0.75$, 1.79$]
Financial Metrics affecting the SCKT estimates:
- Positive: with PPE of -4.5 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -5.23 <= 0.33
- Positive: Industry inventory ratio change (median), % of -2.04 <= -0.15
- Positive: Shareholder equity ratio, % of 66.41 > 63.39
- Positive: Inventory ratio change, % of -3.67 <= -0.75
- Positive: Interest expense per share per price, % of 3.32 <= 3.41
- Positive: -14.38 < Investing cash flow per share per price, % of -7.18
Short-term SCKT quotes
Long-term SCKT plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $21.24MM | $17.03MM | $18.76MM |
| Operating Expenses | $21.68MM | $20.15MM | $21.23MM |
| Operating Income | $-0.45MM | $-3.12MM | $-2.46MM |
| Non-Operating Income | $-0.18MM | $-0.24MM | $-0.33MM |
| Interest Expense | $0.18MM | $0.24MM | $0.33MM |
| R&D Expense | $4.36MM | $4.83MM | $4.72MM |
| Income(Loss) | $-0.62MM | $-3.36MM | $-2.79MM |
| Taxes | $0.71MM | $-1.44MM | $-0.55MM |
| Profit(Loss)* | $0.09MM | $-1.92MM | $-2.24MM |
| Stockholders Equity | $20.32MM | $19.42MM | $18.16MM |
| Inventory | $5.80MM | $5.53MM | $4.94MM |
| Assets | $28.60MM | $28.74MM | $27.35MM |
| Operating Cash Flow | $-0.11MM | $0.05MM | $-0.52MM |
| Capital expenditure | $1.18MM | $2.16MM | $0.79MM |
| Investing Cash Flow | $-1.18MM | $-2.16MM | $-0.72MM |
| Financing Cash Flow | $-1.18MM | $1.32MM | $0.90MM |
| Earnings Per Share** | $0.01 | $-0.27 | $-0.30 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.