Socket Gross Profit from 2010 to 2024

SCKT Stock

USD 1.48 0.03 2.07%

Socket Mobile Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Socket Mobile makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1994-03-31

Previous Quarter

2.6 M

Current Value

1.9 M

Quarterly Volatility

903.8 K

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Socket Mobile financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Socket Mobile's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Total Revenue of 17.8 M or Gross Profit of 8.6 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 7.0E-4 or PTB Ratio of 0.41. Socket financial statements analysis is a perfect complement when working with Socket Mobile Valuation or Volatility modules.

Check out the analysis of Socket Mobile Correlation against competitors.

For more information on how to buy Socket Stock please use our How to Invest in Socket Mobile guide.

Latest Socket Mobile's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Socket Mobile over the last few years. Gross profit is a required income statement account that reflects total revenue of Socket Mobile minus its cost of goods sold. It is profit before Socket Mobile operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Socket Mobile's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Socket Mobile's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 10.37 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Socket Gross Profit Regression Statistics

	Arithmetic Mean	8,297,964
	Geometric Mean	7,403,421
	Coefficient Of Variation	33.81
	Mean Deviation	1,938,087
	Median	8,462,854
	Standard Deviation	2,805,797
	Sample Variance	7.9T
	Range	11.5M
	R-Value	0.66
	Mean Square Error	4.8T
	R-Squared	0.43
	Significance	0.01
	Slope	411,483
	Total Sum of Squares	110.2T

Socket Gross Profit History

	2024	8.6 M
	2023	8.5 M
	2022	10.4 M
	2021	12.4 M
	2020	8.3 M
	2019	10.1 M
	2018	8.5 M

Other Fundumenentals of Socket Mobile

Gross Profit Margin

Socket Mobile Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock	Long Term Debt	Intangible Assets	Property Plant Equipment	Good Will	Deferred Long Term Liab	Net Tangible Assets	Capital Surpluse	Accumulated Depreciation	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.6	-0.18	-0.08	-0.48	0.57	0.17	0.92	0.19	-0.45	0.54	0.09	-0.34	0.63	-0.47	-0.35	0.89	-0.16	-0.24	-0.41	0.59	0.52	0.01	0.43
Total Stockholder Equity	0.6		-0.14	0.4	-0.73	0.34	-0.48	0.69	0.24	-0.65	0.62	0.21	-0.05	0.59	0.07	-0.69	0.7	-0.3	-0.28	-0.52	0.59	0.21	-0.2	0.24
Net Debt	-0.18	-0.14		-0.03	0.18	-0.4	0.15	-0.35	0.61	0.2	-0.51	-0.21	-0.1	0.5	0.1	0.14	-0.08	-0.64	-0.57	0.06	0.46	0.03	-0.43	0.11
Retained Earnings	-0.08	0.4	-0.03		-0.68	-0.33	-0.24	-0.04	0.05	-0.48	0.08	-0.09	0.78	0.08	0.9	-0.46	0.08	0.01	0.04	-0.2	0.04	0.07	0.02	0.06
Accounts Payable	-0.48	-0.73	0.18	-0.68		-0.17	0.21	-0.48	-0.01	0.65	-0.52	-0.32	-0.47	-0.38	-0.36	0.47	-0.58	0.0	0.05	0.27	-0.36	-0.04	0.21	-0.22
Net Receivables	0.57	0.34	-0.4	-0.33	-0.17		0.24	0.54	-0.4	0.02	0.48	0.08	-0.32	0.1	-0.6	-0.17	0.45	0.13	0.2	-0.07	0.13	0.01	-0.02	0.21
Total Liab	0.17	-0.48	0.15	-0.24	0.21	0.24		-0.08	-0.06	0.44	-0.46	-0.26	-0.05	-0.01	-0.27	0.18	0.06	0.01	0.02	0.14	-0.01	0.17	0.15	0.04
Total Current Assets	0.92	0.69	-0.35	-0.04	-0.48	0.54	-0.08		0.22	-0.49	0.64	0.26	-0.33	0.57	-0.4	-0.35	0.86	-0.14	-0.31	-0.33	0.52	0.55	0.21	0.44
Short Term Debt	0.19	0.24	0.61	0.05	-0.01	-0.4	-0.06	0.22		-0.19	-0.26	0.12	-0.24	0.73	0.04	-0.07	0.39	-0.84	-0.94	-0.21	0.75	0.46	-0.03	0.06
Current Deferred Revenue	-0.45	-0.65	0.2	-0.48	0.65	0.02	0.44	-0.49	-0.19		-0.72	-0.36	-0.14	-0.33	-0.19	0.5	-0.57	0.06	0.05	0.61	-0.41	0.0	0.2	-0.17
Common Stock	0.54	0.62	-0.51	0.08	-0.52	0.48	-0.46	0.64	-0.26	-0.72		0.45	-0.15	0.1	-0.22	-0.32	0.46	0.33	0.27	-0.32	0.14	-0.13	-0.14	0.36
Long Term Debt	0.09	0.21	-0.21	-0.09	-0.32	0.08	-0.26	0.26	0.12	-0.36	0.45		-0.1	-0.02	-0.17	0.03	0.2	0.04	-0.18	0.07	0.22	-0.42	-0.23	-0.12
Intangible Assets	-0.34	-0.05	-0.1	0.78	-0.47	-0.32	-0.05	-0.33	-0.24	-0.14	-0.15	-0.1		-0.24	0.81	0.04	-0.2	0.23	0.26	0.16	-0.32	-0.08	0.12	-0.1
Property Plant Equipment	0.63	0.59	0.5	0.08	-0.38	0.1	-0.01	0.57	0.73	-0.33	0.1	-0.02	-0.24		-0.15	-0.31	0.78	-0.77	-0.77	-0.3	0.87	0.55	-0.13	0.43
Good Will	-0.47	0.07	0.1	0.9	-0.36	-0.6	-0.27	-0.4	0.04	-0.19	-0.22	-0.17	0.81	-0.15		-0.21	-0.32	0.05	0.07	0.02	-0.21	-0.05	0.09	-0.07
Deferred Long Term Liab	-0.35	-0.69	0.14	-0.46	0.47	-0.17	0.18	-0.35	-0.07	0.5	-0.32	0.03	0.04	-0.31	-0.21		-0.42	0.17	0.07	0.58	-0.33	-0.09	0.11	-0.11
Net Tangible Assets	0.89	0.7	-0.08	0.08	-0.58	0.45	0.06	0.86	0.39	-0.57	0.46	0.2	-0.2	0.78	-0.32	-0.42		-0.45	-0.46	-0.45	0.76	0.47	-0.02	0.3
Capital Surpluse	-0.16	-0.3	-0.64	0.01	0.0	0.13	0.01	-0.14	-0.84	0.06	0.33	0.04	0.23	-0.77	0.05	0.17	-0.45		0.88	0.17	-0.82	-0.34	0.2	0.09
Accumulated Depreciation	-0.24	-0.28	-0.57	0.04	0.05	0.2	0.02	-0.31	-0.94	0.05	0.27	-0.18	0.26	-0.77	0.07	0.07	-0.46	0.88		0.05	-0.77	-0.48	-0.01	-0.09
Long Term Debt Total	-0.41	-0.52	0.06	-0.2	0.27	-0.07	0.14	-0.33	-0.21	0.61	-0.32	0.07	0.16	-0.3	0.02	0.58	-0.45	0.17	0.05		-0.32	-0.11	0.12	-0.07
Short Long Term Debt	0.59	0.59	0.46	0.04	-0.36	0.13	-0.01	0.52	0.75	-0.41	0.14	0.22	-0.32	0.87	-0.21	-0.33	0.76	-0.82	-0.77	-0.32		0.31	-0.4	0.07
Net Invested Capital	0.52	0.21	0.03	0.07	-0.04	0.01	0.17	0.55	0.46	0.0	-0.13	-0.42	-0.08	0.55	-0.05	-0.09	0.47	-0.34	-0.48	-0.11	0.31		0.61	0.4
Net Working Capital	0.01	-0.2	-0.43	0.02	0.21	-0.02	0.15	0.21	-0.03	0.2	-0.14	-0.23	0.12	-0.13	0.09	0.11	-0.02	0.2	-0.01	0.12	-0.4	0.61		0.32
Capital Stock	0.43	0.24	0.11	0.06	-0.22	0.21	0.04	0.44	0.06	-0.17	0.36	-0.12	-0.1	0.43	-0.07	-0.11	0.3	0.09	-0.09	-0.07	0.07	0.4	0.32

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About Socket Mobile Financial Statements

Socket Mobile shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Socket Mobile investors may analyze each financial statement separately, they are all interrelated. The changes in Socket Mobile's assets and liabilities, for example, are also reflected in the revenues and expenses on on Socket Mobile's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	8.5 M	8.6 M
Gross Profit Margin	0.50	0.38

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When running Socket Mobile's price analysis, check to measure Socket Mobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.

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