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.
Revenue of Sonim Technologies, Inc. (SONM)
Revenue in 2023 (TTM): $93.63 M
According to Sonim Technologies, Inc.'s latest financial reports the company's current revenue (TTM) is $93.63 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Sonim Technologies, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $93.63 M | $19.32 M | $2.72 M | $284 K | $-90,000 |
| 2022 | $69.83 M | $11.62 M | $-13,151,000 | $-13,903,000 | $-14,087,000 |
| 2021 | $54.57 M | $6.41 M | $-36,331,000 | $-38,460,000 | $-38,627,000 |
| 2020 | $63.99 M | $15.21 M | $-26,966,000 | $-30,453,000 | $-29,932,000 |
| 2019 | $116.25 M | $34.51 M | $-19,399,000 | $-24,446,000 | $-25,834,000 |
| 2018 | $135.67 M | $48.09 M | $7.24 M | $2.03 M | $1.28 M |
| 2017 | $59.03 M | $20.31 M | $-6,249,000 | $-8,385,000 | $-8,519,000 |