Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP8, Sonim XP5s, Sonim XP3, and Sonim XP3plus based on the Android platform that are capable of attaching to public and private wireless networks; industrial-grade accessories, including remote speaker microphones, multi-bay charging accessories, and in-vehicle hands-free voice communications solutions; and cloud-based software and application services. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells ruggedized phones, barcode scanners, and accessories through distribution channels in North America, South America, and Europe. The company serves transportation and logistics, construction, manufacturing, facilities management, energy and utility, and public sectors. The company was formerly known as NaviSpin.com, Inc. and changed its name to Sonim Technologies, Inc. in December 2001. Sonim Technologies, Inc. was incorporated in 1999 and is based in Austin, Texas.
P/S ratio for Sonim Technologies, Inc. (SONM)
P/S ratio as of 2023: 3.27
According to Sonim Technologies, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.27. At the end of 2022 the company had a P/S ratio of 1.76.
P/S ratio history for Sonim Technologies, Inc. from 2017 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 3.27 |
| 2022 | 1.76 |
| 2021 | 1.60 |
| 2020 | 5.23 |
| 2019 | 5.81 |
| 2018 | 15.80 |
| 2017 | 36.32 |