SCKT Q3 2024 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q3 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$4M+20.8% YoY

Gross Profit

$2M49.0% margin

Operating Income

-$1M-26.6% margin

Net Income

-$1M-28.8% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-23.8%

Cash Flow

Operating Cash Flow

$203,974

Free Cash Flow

-$192,631

Stock-Based Comp.

$250,758

Balance Sheet

Total Assets

$28M

Total Liabilities

$10M

Stockholders' Equity

$18M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$3M	+20.8%
Gross Profit	$2M	$1M	+33.8%
Operating Income	-$1M	-$1M	+26.3%
Net Income	-$1M	-$1M	+15.8%

Revenue Segments

Service

$34,000100%

Geographic Segments

EMEA

$609,20364%

Asia Pacific

$343,83936%