SCKT Q2 2018 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q2 2018 Earnings

Technology Computer Hardware

Income Statement

Revenue

$4M-27.8% YoY

Gross Profit

$2M50.9% margin

Operating Income

-$144,000-3.4% margin

Net Income

-$138,000-3.3% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$797,345

Free Cash Flow

$691,601

Stock-Based Comp.

$118,843

Balance Sheet

Total Assets

$18M

Total Liabilities

$5M

Stockholders' Equity

$12M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$6M	-27.8%
Gross Profit	$2M	$3M	-31.4%
Operating Income	-$144,000	$908,000	-115.9%
Net Income	-$138,000	$490,000	-128.2%

Geographic Segments

United States

$3M79%

Europe

$639,64015%

Asia and rest of world

$241,0656%