SCKT Q3 2022 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q3 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$4M-41.0% YoY

Gross Profit

$2M44.4% margin

Operating Income

-$947,000-25.4% margin

Net Income

-$874,000-23.4% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

-38.3%

Cash Flow

Operating Cash Flow

-$628,946

Free Cash Flow

-$979,470

Stock-Based Comp.

$260,398

Balance Sheet

Total Assets

$28M

Total Liabilities

$9M

Stockholders' Equity

$20M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$6M	-41.0%
Gross Profit	$2M	$3M	-51.7%
Operating Income	-$947,000	$954,000	-199.3%
Net Income	-$874,000	$644,000	-235.7%

Revenue Segments

Service

$5,623100%

Geographic Segments

Americas

$3M72%

Asia Pacific

$563,41815%

EMEA

$486,07313%