Socket Mobile Stock

Socket Mobile Net Income 2024

Socket Mobile Net Income

-1.47 M USD

Ticker

SCKT

ISIN

US83368E2000

WKN

A0RBSN

In 2024, Socket Mobile's profit amounted to -1.47 M USD, a -23.25% increase from the -1.92 M USD profit recorded in the previous year.

The Socket Mobile Net Income history

YEARNET INCOME (undefined USD)
2026e3.6
2025e0.39
2024e-1.47
2023-1.92
20220.09
20214.47
2020-3.28
20190.29
2018-0.57
2017-1.43
201612.15
20151.82
20140.43
2013-0.62
2012-3.3
2011-2.42
2010-3.98
2009-7.89
2008-2.76
2007-3.34
2006-2.92
2005-0.21
20040.29

Socket Mobile Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Socket Mobile, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Socket Mobile from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Socket Mobile’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Socket Mobile. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Socket Mobile’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Socket Mobile’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Socket Mobile’s growth potential.

Socket Mobile Revenue, EBIT and net profit per share

DateSocket Mobile RevenueSocket Mobile EBITSocket Mobile Net Income
2026e25.9 M undefined0 undefined3.6 M undefined
2025e20.38 M undefined6.36 M undefined387,599.97 undefined
2024e18.87 M undefined295,800 undefined-1.47 M undefined
202317.03 M undefined-3.12 M undefined-1.92 M undefined
202221.24 M undefined-450,000 undefined90,000 undefined
202123.2 M undefined2.7 M undefined4.47 M undefined
202015.7 M undefined80,000 undefined-3.28 M undefined
201919.25 M undefined610,000 undefined290,000 undefined
201816.45 M undefined-590,000 undefined-570,000 undefined
201721.29 M undefined2.42 M undefined-1.43 M undefined
201620.79 M undefined2.56 M undefined12.15 M undefined
201518.4 M undefined2.13 M undefined1.82 M undefined
201417.02 M undefined930,000 undefined430,000 undefined
201315.66 M undefined-120,000 undefined-620,000 undefined
201213.56 M undefined-3.01 M undefined-3.3 M undefined
201117.51 M undefined-1.28 M undefined-2.42 M undefined
201013.5 M undefined-3.71 M undefined-3.98 M undefined
200917.13 M undefined-2.96 M undefined-7.89 M undefined
200826.56 M undefined-2.68 M undefined-2.76 M undefined
200724.12 M undefined-3.39 M undefined-3.34 M undefined
200624.98 M undefined-2.93 M undefined-2.92 M undefined
200525.03 M undefined-250,000 undefined-210,000 undefined
200426.13 M undefined310,000 undefined290,000 undefined

Socket Mobile stock margins

The Socket Mobile margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Socket Mobile. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Socket Mobile.
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Gross margin
EBIT margin
Profit margin
Details

Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Socket Mobile's sales revenue. A higher gross margin percentage indicates that the Socket Mobile retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Socket Mobile's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Socket Mobile's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Socket Mobile's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Socket Mobile. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Socket Mobile's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Socket Mobile Margin History

Socket Mobile Gross marginSocket Mobile Profit marginSocket Mobile EBIT marginSocket Mobile Profit margin
2026e49.68 %0 %13.91 %
2025e49.68 %31.2 %1.9 %
2024e49.68 %1.57 %-7.81 %
202349.68 %-18.32 %-11.27 %
202248.82 %-2.12 %0.42 %
202153.62 %11.64 %19.27 %
202053.06 %0.51 %-20.89 %
201952.47 %3.17 %1.51 %
201851.43 %-3.59 %-3.47 %
201753.5 %11.37 %-6.72 %
201650.17 %12.31 %58.44 %
201548.53 %11.58 %9.89 %
201443.54 %5.46 %2.53 %
201340.23 %-0.77 %-3.96 %
201237.24 %-22.2 %-24.34 %
201141.4 %-7.31 %-13.82 %
201040 %-27.48 %-29.48 %
200943.02 %-17.28 %-46.06 %
200846.65 %-10.09 %-10.39 %
200749.21 %-14.05 %-13.85 %
200648.8 %-11.73 %-11.69 %
200550.3 %-1 %-0.84 %
200451.13 %1.19 %1.11 %

Socket Mobile Aktienanalyse

What does Socket Mobile do?

Socket Mobile Inc is a US-American company that was founded in 1992 and is headquartered in Newark, California. It emerged from the idea of producing mobile devices for use in retail and healthcare, with the aim of working faster and more efficiently. The model of Socket Mobile is to offer innovative mobile solutions for business processes and mobile data collection for various industries. The company specializes in the development and production of mobile barcode scanners. In addition, it also offers RFID scanners and software solutions for mobile use. The company serves a wide range of industries, including retail, healthcare, hospitality, logistics and transportation, government institutions, and more. An important part of the company is also the individual customization and integration of hardware or software solutions into the customer's infrastructure. Socket Mobile's products include a wide range of mobile barcode scanners that ensure high accuracy and durability. These include the DuraScan® D755, DuraScan® D730, DuraScan® D760, DuraScan® D600, and SocketScan® S840. The DuraScan® D755 is a robust handheld scanner that allows for fast and reliable barcode capture. It comes with a durable battery and Wi-Fi connectivity, making it a great asset for inventory or stock management inquiries. For use in healthcare, there is the DuraScan® D730 with disinfectant-compatible housing options. The SocketScan® S840 is a reliable, durable mobile scanner that is compatible with iOS, Android, and Windows devices. It features a 1D or 2D imaging scan engine and has Bluetooth connectivity. The scanner is also available in a kit that comes with a rugged, protective case and strap, making it perfect for applications across a wide range of industries. Another important product from Socket Mobile is the RFID scanner S550. This scanner is capable of reading RFID tags. The reception areas of RFID allow for quick reading, capturing, and storing of information from RFID tags. With the S550, it is possible to benefit from mobility and speed to accelerate comprehensive processes and ensure accuracy of data. Desinfectability and durability play an important role at Socket Mobile. The robust housings of the scanners and the low-mobility design make them reliable mobile solutions. With the individual cleaning options or the possibility to make the device housing resistant to the effects of disinfectants. Overall, Socket Mobile Inc has achieved a strong position in the field of mobile data collection and barcode technology with its mobile barcode scanners, RFID scanners, and software solutions. The company focuses on offering industry-specific applications with intuitive, user-friendly mobile solutions to enable its customers to work more effectively in the business world. Socket Mobile is therefore an important partner for business owners who need mobile solutions for their business processes. Socket Mobile ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Socket Mobile's Profit Margins

The profit margins of Socket Mobile represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Socket Mobile's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Socket Mobile's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Socket Mobile's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Socket Mobile’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Socket Mobile stock

How much profit has Socket Mobile made this year?

Socket Mobile has made -1.47 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -23.25% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Socket Mobile publish its earnings?

Socket Mobile publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Socket Mobile?

The profits of Socket Mobile are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Socket Mobile?

You can learn more about the earnings of Socket Mobile by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Socket Mobile pay?

Over the past 12 months, Socket Mobile paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Socket Mobile is expected to pay a dividend of 0 USD.

What is the dividend yield of Socket Mobile?

The current dividend yield of Socket Mobile is .

When does Socket Mobile pay dividends?

Socket Mobile pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Socket Mobile?

Socket Mobile paid dividends every year for the past 0 years.

What is the dividend of Socket Mobile?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Socket Mobile located?

Socket Mobile is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Socket Mobile kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Socket Mobile from 10/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/3/2024.

When did Socket Mobile pay the last dividend?

The last dividend was paid out on 10/3/2024.

What was the dividend of Socket Mobile in the year 2023?

In the year 2023, Socket Mobile distributed 0 USD as dividends.

In which currency does Socket Mobile pay out the dividend?

The dividends of Socket Mobile are distributed in USD.

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Andere Kennzahlen von Socket Mobile

Our stock analysis for Socket Mobile Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Socket Mobile Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.