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Socket Mobile Inc

Company price
0.4149 USD -0.05 ( 10.64%)
Last update at 2026-11-12T15:15:00Z
VOLUME
1504150
Market Cap
9.96M

Momentum Score

…

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; SocketScan and DuraScan 700 series, companion scanners and 800 series, attachable scanners, and wearables; and DuraSled, a barcode scanning sled that protects phones from impact damage and provides charging solutions. In addition, it offers D600, a handheld model to reads and writes various types of electronic SmartTags and transfers data with near-field communication (NFC); S550, a contactless membership card reader/writer; and S370 product that supports barcode scanning, and NFC reading and writing technologies. Further, the company provides SocketCam C820 and C860, which are camera-based barcode scanners; software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.

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Day Price Range
0.38
Low
0.42
High
52 Week Price Range
0.90
Low
1.59
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Socket Mobile, Inc. designs and sells mobile data-capture hardware and related software, primarily Bluetooth barcode scanners and peripherals used in retail, hospitality, healthcare and field service environments. Long-term growth drivers include wider adoption of mobile point-of-sale, inventory digitization and workforce mobility, and the company appears positioned to serve niche customers seeking compact, low-cost scanning solutions that may benefit from these trends.

Key investment risks include intense competition from larger device and industrial OEMs, supply-chain and component-cost exposure, limited scale and potential customer concentration that could pressure margins and execution.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.46
Dividend Yield
-
Revenue TTM
17.70M
Revenue Per Share
2.42
Gross Profit TTM
10.37M
Debt / Equity
0.32
ROE
-7.68%
Net Debt
3.45M
ROCE
-7.76%
Diluted EPS TTM
-0.21

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -0.62M 2.56M -3.33M 0.51M -0.71M
Net income 0.09M 4.47M -3.28M 0.29M -0.57M
Selling general administrative 2.81M 2.77M 2.27M 2.58M 2.42M
Selling and marketing expenses 3.64M 3.00M 2.85M 3.02M 2.98M
Gross profit 10.37M 12.44M 8.34M 10.10M 8.46M
Reconciled depreciation 1.28M 0.76M 0.60M 0.46M 0.43M
Ebit -1.73M 2.00M 2.79M 0.14M -1.02M
Ebitda -0.45M 2.76M 3.38M 0.61M -0.59M
Depreciation and amortization 1.28M 0.76M 0.60M 0.46M 0.43M
Non operating income net other - - 1.06M - -
Operating income -0.45M 2.00M 2.79M 0.14M -0.59M
Other operating expenses 21.68M 20.50M 15.62M 18.65M 17.04M
Interest expense 0.17M 0.20M 0.10M -100.66M 128.61M
Tax provision -0.71M -1.90M -0.05M 0.22M -0.14M
Interest income - - - 0.10M 0.13M
Net interest income -0.17M -0.20M -0.10M -0.10M -0.13M
Non recurring - - -4.43M - -
Income tax expense -0.71M -1.90M -0.05M 0.22M -0.14M
Total revenue 21.24M 23.20M 15.70M 19.25M 16.45M
Total operating expenses 10.81M 9.74M 8.26M 9.49M 9.04M
Cost of revenue 10.87M 10.76M 7.37M 9.15M 8.00M
Total other income expense net -0.17M 0.56M -6.12M 0.36M -0.13M
Net income from continuing ops 0.09M 4.47M -3.28M 0.29M -0.57M
Net income applicable to common shares 0.09M 4.47M -3.09M 0.29M -0.57M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 28.74M 28.60M 25.57M 15.06M 19.46M
Intangible assets 1559.37M 1.69M 1.81M - -
Other current assets 0.32M 0.62M 0.40M 0.34M 0.31M
Total liab 9.32M 8.28M 5.53M 4.44M 6.22M
Total stockholder equity 19.42M 20.32M 20.05M 10.62M 13.23M
Deferred long term liab - - - 0.03M 0.04M
Other current liab 0.58M 0.74M 0.69M -1.55M 0.57M
Common stock 0.01M 67.17M 66.15M 61.74M 61.07M
Capital stock 0.01M 67.17M 0.01M 0.01M 0.01M
Retained earnings -47.93M -46.01M -46.10M -51.12M -47.84M
Other liab - 0.03M 0.03M 0.03M 0.04M
Good will 1.56M 0.00M 0.00M 0.00M 4.43M
Other assets - 8.92M 8.10M 6.28M 5.71M
Cash 2.83M 3.62M 6.10M 2.12M 0.96M
Total current liabilities 6.50M 4.41M 4.61M 2.20M 4.68M
Current deferred revenue 0.85M 0.63M 0.41M 0.45M 0.61M
Net debt 3.45M 1.62M -3.87M 0.06M 1.92M
Short term debt 3.47M 1.38M 1.34M 1.93M 1.41M
Short long term debt 2.99M 1.38M 1.34M 1.44M 1.75M
Short long term debt total 6.28M 5.24M 2.23M 2.18M 2.88M
Other stockholder equity 67.35M -0.83M - 61.73M 63.73M
Property plant equipment - 5.22M 1.28M 1.46M 1.80M
Total current assets 10.38M 12.77M 14.38M 7.94M 7.52M
Net tangible assets - 18.63M 18.23M 10.62M 8.81M
Net receivables 1.70M 2.66M 2.58M 2.11M 2.84M
Long term debt - 0.12M 0.62M 1.44M 0.33M
Inventory 5.53M 5.60M 5.16M 3.20M 3.18M
Accounts payable 1.61M 1.67M 2.17M 1.37M 2.08M
Accumulated other comprehensive income 0.00M - - - -2.67M
Common stock total equity - - - 0.01M 0.01M
Retained earnings total equity - - - -51.12M -47.84M
Non currrent assets other 0.57M 0.25M 0.14M 0.16M 0.20M
Deferred long term asset charges - - - - 5.51M
Non current assets total 18.37M 15.83M 11.19M 7.12M 11.94M
Capital lease obligations 3.29M 3.74M 0.26M 0.74M 1.14M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1.18M -0.69M -0.54M -0.60M -0.42M
Change to liabilities 0.00M 0.37M -0.83M 0.76M 0.25M
Total cashflows from investing activities - -0.69M -0.54M -0.60M -0.42M
Net borrowings - 0.62M 0.74M 0.10M 5.29M
Total cash from financing activities -1.18M 2.52M 0.89M -0.40M -2.62M
Change to operating activities - 0.15M -0.28M 0.00M -0.07M
Net income 0.09M 4.47M -3.28M 0.29M -0.57M
Change in cash -2.47M 3.97M 1.16M -0.13M -2.29M
Begin period cash flow 6.10M 2.12M 0.96M 1.08M 3.38M
End period cash flow 3.62M 6.10M 2.12M 0.96M 1.08M
Total cash from operating activities -0.11M 2.14M 0.80M 0.87M 0.75M
Depreciation 1.28M 0.76M 0.60M 0.46M 0.43M
Other cashflows from investing activities - - - -0.01M -
Change to inventory -0.45M -1.96M -0.02M -0.91M -0.07M
Change to account receivables -0.08M -0.46M 0.72M -0.47M 0.32M
Sale purchase of stock -0.83M -0.00M -0.01M 0.02M -5.02M
Other cashflows from financing activities 0.15M 2.90M 8.44M 17.45M 17.83M
Change to netincome - -1.21M 3.88M 0.27M -0.14M
Capital expenditures 1.18M 0.69M 0.54M 0.60M 0.42M
Change receivables - - -0.72M 0.47M 0.32M
Cash flows other operating - - 0.53M 0.48M 0.54M
Cash and cash equivalents changes - - 1.16M -0.13M -2.29M
Change in working capital -1.80M -1.90M -0.40M -0.67M 0.54M
Stock based compensation 1.00M 0.69M 0.51M 0.52M 0.49M
Other non cash items 0.03M 0.03M 0.01M -0.88M 5.24M
Free cash flow -1.29M 1.45M 0.27M 0.27M 0.33M

Peer Comparison*

Sector: Technology Industry: Computer Hardware

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
SCKT
Socket Mobile Inc
-0.05
10.64%
0.41 - - 0.48 0.42 0.68 -6.72
SNDK
Sandisk Corp
-67.25
6.88%
910.44 21.05 6.87 11.07 14.44 11.00 16.82
STX
Seagate Technology PLC
-10.41
1.89%
541.31 57.81 22.52 14.39 84.53 15.20 43.61
DELL
Dell Technologies Inc
-16.61
4.45%
357.06 24.44 15.65 1.22 4.39 1.34 12.81
ANET
Arista Networks
2.87
1.46%
199.55 39.49 31.45 13.08 11.15 12.18 31.54

Profile*

Socket Mobile Inc

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; SocketScan and DuraScan 700 series, companion scanners and 800 series, attachable scanners, and wearables; and DuraSled, a barcode scanning sled that protects phones from impact damage and provides charging solutions. In addition, it offers D600, a handheld model to reads and writes various types of electronic SmartTags and transfers data with near-field communication (NFC); S550, a contactless membership card reader/writer; and S370 product that supports barcode scanning, and NFC reading and writing technologies. Further, the company provides SocketCam C820 and C860, which are camera-based barcode scanners; software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.

40675 Encyclopedia Circle, Fremont, CA, United States, 94538

510 933 3000

61

Name Title Year Born
Mr. Kevin J. Mills Pres, CEO & Director 1961
Ms. Lynn Zhao CFO, VP of Fin. & Admin., Sec. and Management Director 1969
Mr. Leonard L. Ott Exec. VP of Engineering & CTO 1959
Mr. David A. Holmes Chief Bus. Officer 1974
Flora Chu Gen. Counsel NA
Mr. Kevin J. Mills President, CEO & Director 1961
Ms. Lynn Zhao CFO, VP of Finance & Administration, Secretary and Management Director 1969
Mr. Leonard L. Ott Executive VP of Engineering & CTO 1959
Mr. David A. Holmes Chief Business Officer 1974
Flora Chu General Counsel NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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