SCKT Q2 2024 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q2 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$5M-0.7% YoY

Gross Profit

$3M50.9% margin

Operating Income

-$535,143-10.5% margin

Net Income

-$607,631-12.0% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

-$543,534

Free Cash Flow

-$654,927

Stock-Based Comp.

$274,734

Balance Sheet

Total Assets

$28M

Total Liabilities

$9M

Stockholders' Equity

$19M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$5M	-0.7%
Gross Profit	$3M	$3M	-2.5%
Operating Income	-$535,143	-$291,555	-83.5%
Net Income	-$607,631	-$512,816	-18.5%

Revenue Segments

Service

$34,400100%

Geographic Segments

Asia Pacific

$588,25951%

EMEA

$567,37249%