SMSI FY 2023 Earnings — Smith Micro Software, Inc. Revenue & Financial Results | Market Cap Arena

SMSISmith Micro Software, Inc.

$16M

FY 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$41M-15.8% YoY

Gross Profit

$30M74.2% margin

Operating Income

-$18M-44.2% margin

Net Income

-$24M-59.7% margin

EPS (Diluted)

$-3.01

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$86M

Total Liabilities

$10M

Stockholders' Equity

$75M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$49M	-15.8%
Gross Profit	$30M	$34M	-11.7%
Operating Income	-$18M	-$31M	+41.6%
Net Income	-$24M	-$29M	+16.7%