SOCKET MOBILE, INC. SCKT
solutions for enhanced productivity in workforce mobilization. Our products are incorporated into mobile applications used in point of
sale (POS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics
(goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. Our primary
products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.1M | $18.8M | $17.0M | $21.2M | $23.2M | $15.7M | $19.3M | $16.5M | $21.3M | $20.8M |
| Cost of revenue | $7.6M | $9.3M | $8.6M | $10.9M | $10.8M | $7.4M | $9.2M | $8.0M | $9.9M | $10.4M |
| Gross profit | $7.5M | $9.5M | $8.5M | $10.4M | $12.4M | $8.3M | $10.1M | $8.5M | $11.4M | $10.4M |
| R&D | $4.4M | $4.7M | $4.8M | $4.4M | $4.0M | $3.1M | $3.9M | $3.6M | $3.5M | $2.9M |
| SG&A | $2.4M | $2.8M | $2.7M | $2.8M | $2.8M | $2.3M | $2.6M | $2.4M | $2.5M | $2.2M |
| Total operating expenses | $10.7M | $11.9M | $11.6M | $10.8M | $9.7M | $12.7M | $9.5M | $9.0M | $9.0M | $7.9M |
| Operating income | -$3.2M | -$2.5M | -$3.1M | -$446.0K | $2.7M | -$4.4M | $606.4K | -$586.0K | $2.4M | $2.6M |
| Interest expense | $496.6K | $330.8K | $242.2K | $175.1K | $198.9K | $97.5K | $100.7K | $128.6K | $79.4K | $131.3K |
| Pre-tax income | -$3.7M | -$1.7M | -$475.2K | $794.9K | $6.4M | -$3.2M | $505.7K | -$427.7K | -$308.5K | $21.9M |
| Income tax | $10.7M | $551.0K | $1.4M | $708.0K | $1.9M | $50.6K | $219.1K | $143.5K | $1.1M | $9.7M |
| Net income | -$14.4M | -$2.2M | -$1.9M | $86.9K | $4.5M | -$3.3M | $286.6K | -$571.1K | -$1.4M | $12.1M |
| EPS, basic | -1.81 | -0.30 | -0.27 | 0.01 | 0.58 | -0.51 | 0.05 | -0.09 | -0.23 | 2.10 |
| EPS, diluted | -1.81 | -0.30 | -0.27 | 0.01 | 0.48 | -0.51 | 0.05 | -0.09 | -0.23 | 1.80 |
| Shares, diluted (wtd. avg.) | $7.9M | $7.6M | $7.2M | $7.5M | $8.9M | $6.0M | $6.2M | $6.1M | $6.3M | $6.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.0M | $2.5M | $2.8M | $3.6M | $6.1M | $2.1M | $958.9K | $1.1M | $3.4M | $1.3M |
| Inventory | $4.2M | $4.9M | $5.4M | $5.6M | $5.2M | $3.2M | $3.2M | $2.3M | $2.2M | $1.5M |
| Total current assets | $8.6M | $9.6M | $10.7M | $12.8M | $14.4M | $7.9M | $7.5M | $6.2M | $8.9M | $6.9M |
| Property, plant and equipment | $2.1M | $2.8M | $3.0M | $1.7M | $1.1M | $847.7K | $864.5K | $689.2K | $662.9K | $563.9K |
| Goodwill | — | — | — | — | — | — | $4.4M | $4.4M | $4.4M | $4.4M |
| Other intangibles | $1.3M | $1.4M | $1.6M | $1.7M | $1.8M | — | — | — | — | — |
| Total assets | $14.4M | $27.3M | $28.7M | $28.6M | $25.6M | $15.6M | $19.5M | $18.6M | $19.9M | $21.6M |
| Total current liabilities | $8.4M | $6.9M | $6.5M | $5.0M | $5.4M | $4.1M | $5.5M | $4.7M | $2.3M | $5.1M |
| Total liabilities | $10.2M | $9.2M | $9.3M | $8.3M | $5.5M | $4.4M | $6.2M | $6.2M | $2.6M | $5.4M |
| Retained earnings | -$64.6M | -$50.2M | -$47.9M | -$46.0M | -$46.1M | -$50.6M | -$47.8M | -$48.1M | -$47.6M | -$46.7M |
| Total equity | $4.3M | $18.2M | $19.4M | $20.3M | $20.0M | $11.2M | $13.8M | $12.4M | $17.2M | $16.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.2M | -$521.5K | $48.6K | -$111.4K | $2.1M | $804.4K | $873.5K | $750.1K | $2.4M | $879.8K |
| Depreciation and amortisation | — | — | — | — | — | $553.3K | $419.9K | $397.4K | $313.7K | $279.4K |
| Stock-based compensation | $669.2K | $1.1M | $1.2M | $998.7K | $693.4K | $507.1K | $519.9K | $487.8K | $426.9K | $342.6K |
| Capital expenditure | $537.1K | $788.3K | $2.2M | $1.2M | $691.8K | $536.5K | $595.2K | $423.7K | $412.7K | $304.5K |
| Investing cash flow | -$537.1K | -$715.5K | -$2.2M | -$1.2M | -$691.8K | -$536.5K | -$603.0K | -$423.7K | -$620.6K | -$304.5K |
| Financing cash flow | $1.3M | $902.3K | $1.3M | -$1.2M | $2.5M | $894.9K | -$396.7K | -$2.6M | $304.8K | -$194.5K |
| Buybacks | — | — | $208.4K | $829.6K | $2.9K | $8.5K | — | $5.0M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000944075-26-000027.
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