Sonim Technologies Inc
DNA X, Inc. provides enterprise 5G solutions in the United States, Canada, Europe, the Middle East, and the Asia Pacific. The company offers ruggedized cell phones for task workers, which include Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; XP100 4G and XP400 5G professional rugged phones; XP Pro 5G rugged smartphones; and XP3plus 5G rugged flip phones. It also provides connected s… Read more
Sonim Technologies Inc (SONM) - Net Assets
Latest net assets as of September 2025: $-701.00K USD
Based on the latest financial reports, Sonim Technologies Inc (SONM) has net assets worth $-701.00K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.22 Million) and total liabilities ($40.92 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-701.00K |
| % of Total Assets | -1.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | -120.06% |
| 10-Year Change | N/A |
| Growth Volatility | 165.02 |
Sonim Technologies Inc - Net Assets Trend (2000–2024)
This chart illustrates how Sonim Technologies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sonim Technologies Inc (2000–2024)
The table below shows the annual net assets of Sonim Technologies Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-5.70 Million | -125.48% |
| 2023-12-31 | $22.37 Million | +11.59% |
| 2022-12-31 | $20.05 Million | +7.60% |
| 2021-12-31 | $18.63 Million | -34.42% |
| 2020-12-31 | $28.41 Million | +11.30% |
| 2019-12-31 | $25.52 Million | +397.66% |
| 2018-12-31 | $5.13 Million | +153.91% |
| 2017-12-31 | $-9.51 Million | -217.88% |
| 2000-12-31 | $-2.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sonim Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 13880400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.00K | % |
| Other Components | $277.90 Million | % |
| Total Equity | $-5.70 Million | 100.00% |
Sonim Technologies Inc Competitors by Market Cap
The table below lists competitors of Sonim Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Matinas BioPharma Holdings Inc
NYSE MKT:MTNB
|
$3.34 Million |
|
Gromutual Bhd
KLSE:9962
|
$3.34 Million |
|
Bioalpha Holdings Bhd
KLSE:0179
|
$3.34 Million |
|
Universal Ibogaine Inc
PINK:IBOGF
|
$3.34 Million |
|
Tego Cyber Inc
PINK:TGCB
|
$3.33 Million |
|
Kiplin Metals Inc
PINK:ALDVF
|
$3.33 Million |
|
SRJ Technologies Group Plc
AU:SRJ
|
$3.33 Million |
|
The BC Bud Corporation
OTCQB:BCBCF
|
$3.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sonim Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,368,000 to -5,700,000, a change of -28,068,000 (-125.5%).
- Net loss of 33,648,000 reduced equity.
- New share issuances of 4,007,000 increased equity.
- Other factors increased equity by 1,573,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.65 Million | -590.32% |
| Share Issuances | $4.01 Million | +70.3% |
| Other Changes | $1.57 Million | +27.6% |
| Total Change | $- | -125.48% |
Book Value vs Market Value Analysis
This analysis compares Sonim Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $-926.75 | $4.08 | x |
| 2018-12-31 | $148.78 | $4.08 | x |
| 2019-12-31 | $137.20 | $4.08 | x |
| 2020-12-31 | $61.48 | $4.08 | x |
| 2021-12-31 | $19.68 | $4.08 | x |
| 2022-12-31 | $6.94 | $4.08 | x |
| 2023-12-31 | $5.22 | $4.08 | x |
| 2024-12-31 | $-1.21 | $4.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sonim Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -57.72%
- • Asset Turnover: 1.47x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-57.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -14.43% | 1.95x | 0.00x | $-7.57 Million |
| 2018 | 24.90% | 0.94% | 2.01x | 13.13x | $764.10K |
| 2019 | -101.21% | -22.22% | 2.10x | 2.17x | $-28.39 Million |
| 2020 | -105.36% | -46.77% | 1.27x | 1.77x | $-32.77 Million |
| 2021 | -207.34% | -70.78% | 1.33x | 2.21x | $-40.49 Million |
| 2022 | -70.28% | -20.17% | 1.30x | 2.68x | $-16.09 Million |
| 2023 | -0.40% | -0.10% | 1.67x | 2.51x | $-2.33 Million |
| 2024 | 0.00% | -57.72% | 1.47x | 0.00x | $-33.08 Million |
Industry Comparison
This section compares Sonim Technologies Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sonim Technologies Inc (SONM) | $-701.00K | 0.00% | N/A | $3.34 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |