Socket Operating Income from 2010 to 2024

SCKT Stock  USD 1.50  0.03  2.04%   
Socket Mobile Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income will likely drop to about -3.3 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Socket Mobile generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1994-03-31
Previous Quarter
-535.1 K
Current Value
-1 M
Quarterly Volatility
993.3 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 Operating Income Growth Pattern

Below is the plot of the Operating Income of Socket Mobile over the last few years. Operating Income is the amount of profit realized from Socket Mobile operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Socket Mobile is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Socket Mobile's Operating Income 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.
Operating Income10 Years Trend
Very volatile
   Operating Income   
       Timeline  

Socket Operating Income Regression Statistics

Arithmetic Mean(137,499)
Geometric Mean1,278,238
Coefficient Of Variation(1,641)
Mean Deviation1,860,236
Median(122,607)
Standard Deviation2,256,530
Sample Variance5.1T
Range6.1M
R-Value0.06
Mean Square Error5.5T
R-Squared0
Significance0.84
Slope29,118
Total Sum of Squares71.3T

Socket Operating Income History

2024-3.3 M
2023-3.1 M
2022-446 K
2021M
20202.8 M
2019144.1 K
2018-586 K

Other Fundumenentals of Socket Mobile

Socket Mobile Operating Income component correlations

0.6-0.18-0.08-0.480.570.170.920.19-0.450.540.09-0.340.63-0.47-0.350.89-0.16-0.24-0.410.590.520.010.43
0.6-0.140.4-0.730.34-0.480.690.24-0.650.620.21-0.050.590.07-0.690.7-0.3-0.28-0.520.590.21-0.20.24
-0.18-0.14-0.030.18-0.40.15-0.350.610.2-0.51-0.21-0.10.50.10.14-0.08-0.64-0.570.060.460.03-0.430.11
-0.080.4-0.03-0.68-0.33-0.24-0.040.05-0.480.08-0.090.780.080.9-0.460.080.010.04-0.20.040.070.020.06
-0.48-0.730.18-0.68-0.170.21-0.48-0.010.65-0.52-0.32-0.47-0.38-0.360.47-0.580.00.050.27-0.36-0.040.21-0.22
0.570.34-0.4-0.33-0.170.240.54-0.40.020.480.08-0.320.1-0.6-0.170.450.130.2-0.070.130.01-0.020.21
0.17-0.480.15-0.240.210.24-0.08-0.060.44-0.46-0.26-0.05-0.01-0.270.180.060.010.020.14-0.010.170.150.04
0.920.69-0.35-0.04-0.480.54-0.080.22-0.490.640.26-0.330.57-0.4-0.350.86-0.14-0.31-0.330.520.550.210.44
0.190.240.610.05-0.01-0.4-0.060.22-0.19-0.260.12-0.240.730.04-0.070.39-0.84-0.94-0.210.750.46-0.030.06
-0.45-0.650.2-0.480.650.020.44-0.49-0.19-0.72-0.36-0.14-0.33-0.190.5-0.570.060.050.61-0.410.00.2-0.17
0.540.62-0.510.08-0.520.48-0.460.64-0.26-0.720.45-0.150.1-0.22-0.320.460.330.27-0.320.14-0.13-0.140.36
0.090.21-0.21-0.09-0.320.08-0.260.260.12-0.360.45-0.1-0.02-0.170.030.20.04-0.180.070.22-0.42-0.23-0.12
-0.34-0.05-0.10.78-0.47-0.32-0.05-0.33-0.24-0.14-0.15-0.1-0.240.810.04-0.20.230.260.16-0.32-0.080.12-0.1
0.630.590.50.08-0.380.1-0.010.570.73-0.330.1-0.02-0.24-0.15-0.310.78-0.77-0.77-0.30.870.55-0.130.43
-0.470.070.10.9-0.36-0.6-0.27-0.40.04-0.19-0.22-0.170.81-0.15-0.21-0.320.050.070.02-0.21-0.050.09-0.07
-0.35-0.690.14-0.460.47-0.170.18-0.35-0.070.5-0.320.030.04-0.31-0.21-0.420.170.070.58-0.33-0.090.11-0.11
0.890.7-0.080.08-0.580.450.060.860.39-0.570.460.2-0.20.78-0.32-0.42-0.45-0.46-0.450.760.47-0.020.3
-0.16-0.3-0.640.010.00.130.01-0.14-0.840.060.330.040.23-0.770.050.17-0.450.880.17-0.82-0.340.20.09
-0.24-0.28-0.570.040.050.20.02-0.31-0.940.050.27-0.180.26-0.770.070.07-0.460.880.05-0.77-0.48-0.01-0.09
-0.41-0.520.06-0.20.27-0.070.14-0.33-0.210.61-0.320.070.16-0.30.020.58-0.450.170.05-0.32-0.110.12-0.07
0.590.590.460.04-0.360.13-0.010.520.75-0.410.140.22-0.320.87-0.21-0.330.76-0.82-0.77-0.320.31-0.40.07
0.520.210.030.07-0.040.010.170.550.460.0-0.13-0.42-0.080.55-0.05-0.090.47-0.34-0.48-0.110.310.610.4
0.01-0.2-0.430.020.21-0.020.150.21-0.030.2-0.14-0.230.12-0.130.090.11-0.020.2-0.010.12-0.40.610.32
0.430.240.110.06-0.220.210.040.440.06-0.170.36-0.12-0.10.43-0.07-0.110.30.09-0.09-0.070.070.40.32
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About Socket Mobile Financial Statements

Socket Mobile shareholders use historical fundamental indicators, such as Operating Income, 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 ReportedProjected for Next Year
Operating Income-3.1 M-3.3 M
Non Operating Income Net Other1.2 M616.1 K

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Additional Tools for Socket Stock Analysis

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.