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SONM

Sonim Technologies, Inc. (SONM)

$

0.67

+0.02 (2.99%)


Key metrics

Financial statements

Free cash flow per share

Free cash flow per share

-3.1008

Market cap

Market cap

6.9 Million

Price to sales ratio

Price to sales ratio

0.1188

Debt to equity

Debt to equity

0

Current ratio

Current ratio

0.7767

Income quality

Income quality

0.5919

Average inventory

Average inventory

9.6 Million

ROE

ROE

-4.6512



Technology

Technology

Technology – consumer electronics

Largecap

Largecap

With a market cap of 121,78 bil stock is ranked 1

Low risk

Low risk

ISS score of this stock is ranked 1


Company description

Profile

Sonim Technologies, Inc. specializes in providing ruggedized mobile phones and accessories tailored for task workers across various industries. The company's product lineup includes mobile devices such as the Sonim XP8, XP5s, XP3, and XP3plus, all operating on the Android platform and designed to seamlessly connect with both public and private wireless networks. In addition to these ruggedized phones, Sonim offers industrial-grade accessories, including remote speaker microphones, multi-bay charging solutions, and in-vehicle hands-free voice communication systems. The company also provides cloud-based software and application services to enhance the user experience. In its most recent financial disclosure, the company reported selling, general, and administrative expenses of $25,346,000.00 indicating its operational overhead costs. The cost of revenue for the company is $48,378,000.00 showcasing its production and operational expenses. Furthermore, the weighted average number of diluted shares outstanding is 4,718,141.00 reflecting potential dilution effects, while the diluted EPS is reported at -$7.13 accounting for potential share dilution. The earnings per share (EPS) stands at -$7.13 indicating the company's profitability on a per-share basis. Sonim primarily markets its products to wireless carriers in the US and Canada, while also distributing ruggedized phones, barcode scanners, and accessories throughout North America, South America, and Europe. The company serves multiple sectors, including transportation and logistics, construction, manufacturing, facilities management, energy and utility, and the public sector. The stock is affordable at $0.68 suitable for budget-conscious investors. However, the stock has a low average trading volume of 4,221,940.00 indicating lower market activity. With a market capitalization of $6,918,792.00 the company is classified as a small-cap player, which can often lead to more volatility and growth potential. It is a key player in the Communication Equipment industry, contributing significantly to the overall market landscape. Additionally, it belongs to the Technology sector, driving innovation and growth while responding to the evolving needs of its customers and the market.

What is Sonim Technologies, Inc. (SONM)'s current stock price?

The current stock price of Sonim Technologies, Inc. (SONM) is $0.67 as of 2025-07-03. Prices may fluctuate during the trading day. For real-time updates, check your brokerage platform or financial news websites.

Investing in Sonim Technologies, Inc. (SONM) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C, with a Bearish outlook. Always conduct your own research before investing.

Analysts predict Sonim Technologies, Inc. stock to fluctuate between $0.60 (low) and $6.40 (high) in the next 365 days, reflecting market expectations and potential volatility.

As of 2025-07-03, Sonim Technologies, Inc.'s market cap is $6,918,792, based on 9,201,560 outstanding shares.

Compared to Meta Platforms, Inc. Class A Common Stock, Sonim Technologies, Inc. has a Lower Market-Cap, indicating a difference in performance.

To buy Sonim Technologies, Inc. (SONM) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for SONM. Place an order (Market, Limit, etc.).

The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.

Sonim Technologies, Inc.'s last stock split was 1:10 on 2024-07-18.

Revenue: $58,298,000 | EPS: -$7.13 | Growth: 32,909.26%.

Visit https://www.sonimtech.com/investor-relations for detailed financial reports.

You can explore historical data from here

All-time high: $170 (2021-02-16) | All-time low: $0.60 (2025-07-01).

Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.


News

SONM

newsfilecorp.com

Sonim Technologies Special Committee Determines Latest Orbic Proposal to be Inferior to Social Mobile Transaction Amidst Ongoing Strategic Review

Orbic proposal remains conditional, uncertain, and unlikely to maximize value for Sonim stockholders San Diego, California--(Newsfile Corp. - July 2, 2025) - Sonim Technologies (NASDAQ: SONM) today announced that its Special Committee of the Board of Directors (the "Special Committee") has considered, with advice from its financial advisor and legal counsel, the unsolicited, non-binding proposal from Orbic North America, LLC ("Orbic") dated June 26, 2025, and has determined it to be inferior to the previously announced Letter of Intent (the "Social Mobile LOI") between Sonim and Social Mobile for the sale of substantially all of Sonim's operating assets. The Special Committee remains committed to maximizing stockholder value and believes the Social Mobile LOI represents a superior alternative.

SONM

newsfilecorp.com

Sonim Technologies Provides Update on Letter of Intent for Reverse Takeover

San Diego, California--(Newsfile Corp. - June 30, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today issued an update regarding the Letter of Intent (LOI) for a proposed reverse takeover (RTO), as originally announced via press release dated June 25, 2025. The RTO is with a private US-based company (the "Target") that is building out Nvidia-based High-Performance Computing (HPC) AI factories to support the hyper growth of cloud-based artificial intelligence (AI) workloads.

SONM

newsfilecorp.com

Sonim Technologies Confirms Receipt of Unsolicited, Non-Binding Proposal from Orbic North America, LLC

No stockholder action required at this time San Diego, California--(Newsfile Corp. - June 27, 2025) - The Special Committee of the Board of Directors (the "Special Committee") of Sonim Technologies, Inc. (NASDAQ: SONM), formed to oversee the Company's ongoing strategic alternatives process, today confirmed receipt of an unsolicited, non-binding proposal from Orbic North America, LLC to acquire substantially all of Sonim's operating assets for $25 million. The proposal, dated June 26, 2025, represented that this $25 million offer would not preclude Sonim consummating the Reverse Take Over (RTO) transaction contemplated in the recently disclosed letter of intent with a private US-based company which is building out Nvidia-based High-Performance Computing (HPC) (see press release dated June 26, 2025, https://ir.sonimtech.com/news-events/press-releases/detail/263/sonim-technologies-signs-letter-of-intent-for-reverse).

SONM

newsfilecorp.com

AJP and Orbic Issue Open Letter to Fellow Sonim Stockholders

Hauppauge, New York--(Newsfile Corp. - June 26, 2025) - AJP Holding Company, LLC ("AJP") and Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, which together have an investment representing an approximately 19% economic interest in Sonim Technologies, Inc. (NASDAQ: SONM) ("Sonim" or the "Company"), today sent an open letter to the stockholders of Sonim. In its letter, AJP and Orbic highlight, in the view of AJP and Orbic, the devastating losses suffered by Sonim and its stockholders under the management of the incumbent Board, a series of entrenchment efforts taken by the incumbent board and a seriously flawed strategic evaluation process pursued by the Special Committee of the Board.

SONM

newsfilecorp.com

Orbic Submits Asset Purchase Proposal to Sonim Technologies, Inc.

Offer to acquire substantially all of Sonim's assets for a cash purchase price of $25 million Purchase price equates to a price per share of $2.418 Hauppauge, New York--(Newsfile Corp. - June 26, 2025) - Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, sent a revised acquisition proposal letter to Sonim Technologies, Inc. (NASDAQ: SONM) ("Sonim" or the "Company"), today in which Orbic re-emphasized Orbic's interest in negotiating a mutually agreeable transaction with Sonim. In its non-binding proposal, Orbic proposed to purchase substantially all of Sonim's assets for a cash purchase price of $25 million, which equates to a price per share of $2.418.

SONM

newsfilecorp.com

Orbic North America, LLC Files Definitive Proxy Materials with the Securities and Exchange Commission

Urges Stockholders to Support Real Change on Sonim's Board by Voting FOR Orbic's Highly Qualified Nominees at the Annual Meeting on July 18, 2025 Vote for each Orbic's Board Nominees on the Blue Proxy Card Hauppauge, New York--(Newsfile Corp. - June 24, 2025) - AJP Holding Company, LLC (“AJP”) and Orbic North America, LLC (“Orbic”), an international leader in mobile technology innovation, today announced that they and other participants in their proxy solicitation (collectively, the “AJP/Orbic Parties”) have filed definitive proxy materials with the Securities and Exchange Commission in connection with the 2025 Annual Meeting of Sonim Technologies, Inc. (NASDAQ: SONM) (“Sonim” or the “Company”). AJP and Orbic recommend that the stockholders of Sonim vote for their five highly qualified board nominees, Douglas Benedict, Joseph Glynn, Gregory Johnson, Surendra Singh and Michael Wallace, and withhold votes on the Company board nominees at the annual meeting of stockholders scheduled to be held on July 18, 2025.

SONM

newsfilecorp.com

Sonim Technologies Provides Update on Strategic Alternatives Initiatives

Urges Stockholders to Support Sonim's Qualified Director Nominees at the Annual Meeting on July 18, 2025 Vote for each of Sonim Board Nominees on the WHITE Proxy Card San Diego, California--(Newsfile Corp. - June 18, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today outlined its ongoing successful strategic alternatives process and illusory proposals by Orbic North America, LLC ("Orbic"). In January 2025, following the unsolicited approach from Orbic to acquire Sonim, the Sonim Board formed a Special Committee to explore and evaluate a range of strategic alternatives to maximize stockholder value.

SONM

newsfilecorp.com

Sonim Technologies Confirms Receipt of Non-Binding Unsolicited Indication of Interest

San Diego, California--(Newsfile Corp. - June 16, 2025) - The Special Committee of the Board of Directors (the "Special Committee") of Sonim Technologies, Inc. (NASDAQ: SONM), formed to oversee the Company's ongoing strategic alternatives process, today confirmed receipt of an unsolicited indication of interest issued by DOOGEE on June 9, 2025 in the form of a press release, to acquire all outstanding shares of Sonim for $3.60 per share in cash. The Special Committee issued the following statement on the matter: At this time, the Special Committee lacks sufficient information to evaluate DOOGEE's indication of interest in a manner consistent with its fiduciary duties to Sonim's stockholders.

SONM

newsfilecorp.com

Sonim XP Pro Lands at AT&T Friday, June 6

The Most Rugged, Feature-Rich Smartphone in Its Class; FirstNet Ready(R), the XP Pro is Purpose-Built for Enterprise and First Responder Use Cases San Diego, California--(Newsfile Corp. - June 4, 2025) - Sonim Technologies Inc. (NASDAQ: SONM) today announced the launch and availability of the Sonim XP Pro smartphone, available this Friday, June 6, at AT&T. Built to exceed the demands of enterprise users, first responders, and those operating in extreme conditions, the XP Pro sets a new benchmark for rugged smartphones.

SONM

newsfilecorp.com

Sonim Technologies Signs Letter of Intent to Sell Substantially All Assets to Social Mobile

San Diego, California--(Newsfile Corp. - June 2, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced the signing of a Letter of Intent (LOI) with Social Mobile®, a leading provider of enterprise mobility solutions. Pursuant to the LOI, Social Mobile and Sonim intend to enter into a definitive agreement for the potential acquisition by Social Mobile of substantially all of the assets of Sonim and its direct and indirect subsidiaries (the "Transaction").

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