SCKT Q1 2022 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q1 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$6M+30.8% YoY

Gross Profit

$3M49.7% margin

Operating Income

$463,7047.4% margin

Net Income

$341,9335.4% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

-$452,413

Free Cash Flow

-$587,332

Stock-Based Comp.

$223,446

Balance Sheet

Total Assets

$26M

Total Liabilities

$5M

Stockholders' Equity

$21M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$5M	+30.8%
Gross Profit	$3M	$3M	+21.5%
Operating Income	$463,704	$242,010	+91.6%
Net Income	$341,933	$202,902	+68.5%

Revenue Segments

Service

$5,400100%

Geographic Segments

Americas

$5M78%

Asia Pacific

$712,25811%

EMEA

$697,97111%