Sonim Gross Profit from 2010 to 2024

SONM Stock  USD 3.27  0.18  5.22%   
Sonim Technologies Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to drop to about 15.7 M. Gross Profit is the profit Sonim Technologies 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
2018-03-31
Previous Quarter
M
Current Value
4.2 M
Quarterly Volatility
4.4 M
 
Covid
Check Sonim Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonim Technologies' main balance sheet or income statement drivers, such as Interest Expense of 14.2 K, Selling General Administrative of 11.9 M or Total Revenue of 81.9 M, as well as many indicators such as Price To Sales Ratio of 3.11, Dividend Yield of 0.0 or PTB Ratio of 13.01. Sonim financial statements analysis is a perfect complement when working with Sonim Technologies Valuation or Volatility modules.
  
Check out the analysis of Sonim Technologies Correlation against competitors.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.

Latest Sonim Technologies' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Sonim Technologies over the last few years. Gross profit is a required income statement account that reflects total revenue of Sonim Technologies minus its cost of goods sold. It is profit before Sonim Technologies 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. Sonim Technologies' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sonim Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.62 M10 Years Trend
Very volatile
   Gross Profit   
       Timeline  

Sonim Gross Profit Regression Statistics

Arithmetic Mean19,609,207
Geometric Mean15,758,444
Coefficient Of Variation55.38
Mean Deviation6,438,952
Median20,311,000
Standard Deviation10,859,286
Sample Variance117.9T
Range47M
R-Value0.06
Mean Square Error126.6T
R-Squared0
Significance0.84
Slope134,435
Total Sum of Squares1650.9T

Sonim Gross Profit History

202415.7 M
202319.3 M
202211.6 M
20216.4 M
202015.2 M
201934.5 M
201848.1 M

Other Fundumenentals of Sonim Technologies

Sonim Technologies Gross Profit component correlations

0.74-0.090.46-0.090.270.740.82-0.64-0.66-0.510.48-0.370.760.83-0.230.860.78-0.250.560.49
0.740.310.73-0.22-0.060.250.4-0.17-0.28-0.320.790.110.380.42-0.510.640.27-0.510.410.18
-0.090.310.79-0.680.44-0.71-0.60.810.680.74-0.10.91-0.67-0.560.09-0.08-0.520.11-0.63-0.62
0.460.730.79-0.750.4-0.24-0.110.340.270.260.290.52-0.19-0.07-0.060.28-0.12-0.06-0.14-0.29
-0.09-0.22-0.68-0.75-0.440.430.39-0.42-0.49-0.360.08-0.380.420.37-0.250.250.4-0.260.340.55
0.27-0.060.440.4-0.44-0.01-0.030.190.210.56-0.490.28-0.140.030.640.30.180.66-0.37-0.27
0.740.25-0.71-0.240.43-0.010.97-0.97-0.93-0.780.29-0.830.970.96-0.210.690.94-0.230.720.77
0.820.4-0.6-0.110.39-0.030.97-0.93-0.91-0.790.42-0.720.961.0-0.30.790.95-0.320.680.69
-0.64-0.170.810.34-0.420.19-0.97-0.930.920.89-0.320.93-0.95-0.90.25-0.51-0.850.28-0.76-0.75
-0.66-0.280.680.27-0.490.21-0.93-0.910.920.83-0.280.79-0.93-0.890.5-0.6-0.890.51-0.63-0.88
-0.51-0.320.740.26-0.360.56-0.78-0.790.890.83-0.570.84-0.83-0.750.54-0.33-0.610.57-0.78-0.68
0.480.79-0.10.290.08-0.490.290.42-0.32-0.28-0.57-0.140.460.41-0.490.430.15-0.510.680.14
-0.370.110.910.52-0.380.28-0.83-0.720.930.790.84-0.14-0.78-0.680.12-0.17-0.630.14-0.72-0.7
0.760.38-0.67-0.190.42-0.140.970.96-0.95-0.93-0.830.46-0.780.95-0.360.710.88-0.380.770.74
0.830.42-0.56-0.070.370.030.961.0-0.9-0.89-0.750.41-0.680.95-0.260.820.96-0.280.660.66
-0.23-0.510.09-0.06-0.250.64-0.21-0.30.250.50.54-0.490.12-0.36-0.26-0.2-0.21.0-0.19-0.47
0.860.64-0.080.280.250.30.690.79-0.51-0.6-0.330.43-0.170.710.82-0.20.8-0.20.430.41
0.780.27-0.52-0.120.40.180.940.95-0.85-0.89-0.610.15-0.630.880.96-0.20.8-0.210.490.71
-0.25-0.510.11-0.06-0.260.66-0.23-0.320.280.510.57-0.510.14-0.38-0.281.0-0.2-0.21-0.23-0.49
0.560.41-0.63-0.140.34-0.370.720.68-0.76-0.63-0.780.68-0.720.770.66-0.190.430.49-0.230.61
0.490.18-0.62-0.290.55-0.270.770.69-0.75-0.88-0.680.14-0.70.740.66-0.470.410.71-0.490.61
Click cells to compare fundamentals

About Sonim Technologies Financial Statements

Sonim Technologies investors utilize fundamental indicators, such as Gross Profit, to predict how Sonim Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit19.3 M15.7 M
Gross Profit Margin 0.21  0.28 

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When determining whether Sonim Technologies is a strong investment it is important to analyze Sonim Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sonim Technologies' future performance. For an informed investment choice regarding Sonim Stock, refer to the following important reports:
Check out the analysis of Sonim Technologies Correlation against competitors.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonim Technologies. If investors know Sonim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.90)
Revenue Per Share
15.959
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.12)
Return On Equity
(0.53)
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonim Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.