sonim technologies (www.sonimtech.com) is the provider of the world's most rugged, water-submersible mobile phones designed specifically for workers in demanding and hazardous environments. we specialize in workforce-critical communication tools for vertical industries including construction, public safety, oil, gas and chemical operations, utilities, transportation and logistics, hospitals, forestry, agriculture and defense. sonim has partnered with industry leading application developers to provide a suite of high-performance workforce-critical mobile applications such as push-to-talk, lone worker safety services, mobile resource management and time and attendance verification. our solutions enable companies to keep their workers safe, reduce corporate liability and increase their efficiency by establishing team intelligence and accountability. sonim phones are backed by a three-year comprehensive warranty, covering not only manufacturing defects, but also accidental damage and embed
Company profile
Ticker
SONM
Exchange
Website
CEO
Thomas Wilkinson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
CIENA • Netgear • ADTRAN • Plantronics • Infinera • Fabrinet • Westell • Audiocodes • Pineapple Energy • ClearOne ...
SEC CIK
Corporate docs
Subsidiaries
Sonim Technologies (INDIA) Private Limited • Sonim Technologies (Shenzhen) Limited • Sonim Technologies Shenzhen Limited • Sonim Communications (India) Private Limited • Sonim Technologies (Hong Kong) Limited ...
IRS number
943336783
SONM stock data
Latest filings (excl ownership)
S-3
Shelf registration
9 Apr 24
8-K
Sonim Reports 34% Increase in FY2023 Revenue, to $93.6 Million, Significant Expansion Momentum in New Addressable Markets
27 Mar 24
10-K
2023 FY
Annual report
27 Mar 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
14 Mar 24
S-8
Registration of securities for employees
29 Jan 24
EFFECT
Notice of effectiveness
18 Dec 23
CORRESP
Correspondence with SEC
12 Dec 23
8-K
Departure of Directors or Certain Officers
11 Dec 23
UPLOAD
Letter from SEC
8 Dec 23
S-3
Shelf registration
1 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 9.80 mm | 9.80 mm | 9.80 mm | 9.80 mm | 9.80 mm | 9.80 mm |
Cash burn (monthly) | (no burn) | 473.08 k | (no burn) | (no burn) | 101.33 k | 493.67 k |
Cash used (since last report) | n/a | 3.13 mm | n/a | n/a | 670.44 k | 3.27 mm |
Cash remaining | n/a | 6.67 mm | n/a | n/a | 9.13 mm | 6.53 mm |
Runway (months of cash) | n/a | 14.1 | n/a | n/a | 90.1 | 13.2 |
Institutional ownership, Q2 2023
61.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 17 |
Opened positions | 3 |
Closed positions | 4 |
Increased positions | 5 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 2.36 bn |
Total shares | 26.46 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
AJP Holding | 19.46 mm | $14.29 mm |
GrizzlyRock Value Partners | 1.90 mm | $1.38 mm |
Asher Daniel | 1.57 mm | $1.14 mm |
Investec Investments | 1.41 mm | $1.02 mm |
EAM Investors | 1.02 mm | $1.17 bn |
Vanguard | 296.03 k | $340.44 mm |
Sicart Associates | 221.00 k | $254.15 mm |
BK Bank Of New York Mellon | 215.94 k | $248.33 mm |
Geode Capital Management | 167.42 k | $192.53 mm |
Renaissance Technologies | 77.23 k | $89.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Apr 24 | Clayton Crolius | Employee Stock Option (Right-to-Buy) Common Stock | Grant | Acquire A | No | No | 0.6154 | 170,000 | 104.62 k | 170,000 |
9 Jan 24 | Michael C Mulica | Common Stock | Grant | Acquire A | No | No | 0 | 66,675 | 0.00 | 385,225 |
26 Dec 23 | Charles Becher | Common Stock | Option exercise | Acquire M | No | No | 0.419 | 125,000 | 52.38 k | 233,227 |
26 Dec 23 | Charles Becher | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.419 | 125,000 | 52.38 k | 275,000 |
24 Nov 23 | Clayton Crolius | Employee Stock Option (Right-to-Buy) Common Stock | Grant | Acquire A | No | No | 0.7 | 200,000 | 140.00 k | 200,000 |
28 Sep 23 | James S Cassano | Common Stock | Grant | Acquire A | No | No | 0 | 89,525 | 0.00 | 231,080 |
News
12 Information Technology Stocks Moving In Thursday's After-Market Session
11 Apr 24
12 Information Technology Stocks Moving In Wednesday's After-Market Session
10 Apr 24
12 Information Technology Stocks Moving In Tuesday's After-Market Session
9 Apr 24
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
28 Mar 24
Sonim Technologies Q4 EPS $(0.03) Misses $0.01 Estimate, Sales $13.43M Miss $27.57M Estimate
27 Mar 24