SMSI Q1 2022 Earnings — Smith Micro Software, Inc. Revenue & Financial Results | Market Cap Arena

SMSISmith Micro Software, Inc.

$16M

Q1 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$13M+11.9% YoY

Gross Profit

$9M71.4% margin

Operating Income

-$7M-55.3% margin

Net Income

-$7M-55.0% margin

EPS (Diluted)

$-1.03

QoQ Revenue Growth

-13.2%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$109M

Total Liabilities

$14M

Stockholders' Equity

$94M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$11M	+11.9%
Gross Profit	$9M	$10M	-7.5%
Operating Income	-$7M	-$3M	-117.4%
Net Income	-$7M	-$3M	-117.1%

Revenue Segments

Wireless Business Segment

$13M100%

Geographic Segments

Americas

$12M96%

E M E A

$542,0004%