OverviewSuggest Edit

Sonim Technologies designs, develops, and manufactures water-submersible mobile phones for workers in hazardous environments worldwide. It specializes in workforce-critical communication tools for vertical industries, including construction, security guarding, oil, gas and chemical operations, utilities, transportation and logistics, forestry, agriculture, and defense, as well as mining, public safety, and heavy manufacturing. The Company offers GSM and 3G phones. Its workforce-critical applications include push-to-talk, lone worker/man-down safety services, mobile resource management, and time and activity verification.

TypePublic
Founded1999
HQSan Mateo, CA, US
Websitesonimtech.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2018)321
Revenue (FY, 2019)$116.3 M(-14%)
Share Price (Jan 2021)$0.9 (+2%)
Cybersecurity ratingBMore

Key People/Management at Sonim Technologies

Tom Wilkinson

Tom Wilkinson

Chief Executive Officer, Director
Bob Tirva

Bob Tirva

Interim Chief Financial Officer
Alan Howe

Alan Howe

Director
Kenny Young

Kenny Young

Director
Susan G. Swenson

Susan G. Swenson

Director
Randy Denny

Randy Denny

Executive Vice President of Sales
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Sonim Technologies Office Locations

Sonim Technologies has offices in San Mateo and Rollingwood
San Mateo, CA, US (HQ)
1875 S Grant St
Rollingwood, TX, US
6836 Bee Caves Rd building 1, suite 279
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Sonim Technologies Financials and Metrics

Sonim Technologies Revenue

Sonim Technologies's revenue was reported to be $116.25 m in FY, 2019
USD

Revenue (Q2, 2020)

21.1m

Gross profit (Q2, 2020)

4.9m

Gross profit margin (Q2, 2020), %

23.4%

Net income (Q2, 2020)

(7.1m)

EBIT (Q2, 2020)

(6.6m)

Market capitalization (15-Jan-2021)

58.2m

Closing stock price (15-Jan-2021)

0.9

Cash (30-Jun-2020)

38.1m

EV

20.6m
Sonim Technologies's current market capitalization is $58.2 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

59.0m135.7m116.3m

Revenue growth, %

130%

Cost of goods sold

38.7m87.6m81.7m

Gross profit

20.3m48.1m34.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

26.5m43.7m28.9m12.7m21.1m

Cost of goods sold

17.1m28.9m21.6m10.5m16.1m

Gross profit

9.4m14.8m7.2m2.2m4.9m

Gross profit Margin, %

35%34%25%17%23%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

1.6m13.0m11.3m

Accounts Receivable

10.8m18.9m10.1m

Prepaid Expenses

6.0m10.1m6.4m

Inventories

9.0m21.8m19.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

9.9m15.7m16.3m12.4m38.1m

Accounts Receivable

7.5m31.3m17.4m5.0m5.3m

Prepaid Expenses

12.4m9.5m7.1m5.1m6.3m

Inventories

29.1m26.5m24.9m16.1m15.2m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(8.5m)1.3m(25.8m)

Depreciation and Amortization

1.3m1.9m3.5m

Inventories

3.4m(12.8m)(809.0k)

Accounts Payable

(3.4m)16.0m(20.1m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(6.2m)(12.3m)(19.1m)(10.0m)(17.1m)

Depreciation and Amortization

534.0k1.1m1.6m887.0k1.6m

Inventories

(7.2m)(4.7m)(5.2m)3.0m3.9m

Accounts Payable

(268.0k)(9.9m)(9.6m)(1.7m)4.0m
USDFY, 2017

Revenue/Employee

159.9k

Financial Leverage

-0.3 x
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Sonim Technologies Operating Metrics

Sonim Technologies's Devices Sold was reported to be 311 k in FY, 2018.
FY, 2017FY, 2018

Devices Sold

146 k311 k

Feature Phones Sold

88 k151 k

Smartphones Sold

58 k160 k
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Sonim Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
Sonim Communications (India) Private Limited
Sonim Technologies (Hong Kong) Limited
Sonim Technologies (INDIA) Private Limited
Sonim Technologies (Shenzhen) Limited
Sonim Technologies Shenzhen Limited Beijing Branch
Sonim Technologies Span SL

Sonim Technologies Revenue Breakdown

Embed Graph

Sonim Technologies revenue breakdown by geographic segment: 7.5% from Europe and Middle East, 78.0% from U.S., 10.6% from Canada and Latin America and 3.8% from Other

Sonim Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Sonim Technologies Online and Social Media Presence

Embed Graph

Sonim Technologies News and Updates

To All Persons Who Purchased Or Acquired Sonim Technologies, Inc. ("Sonim") (NASDAQ: SONM) Common Stock Pursuant Or Traceable To The May 2019 Registration Statement And Prospectus Filed In Connection With Sonim's Initial Public Offering ("IPO") On Or About May 9, 2019 And Were Damaged Thereby ("Class").

NEW YORK, Dec. 14, 2020 /PRNewswire/ -- The following release was issued by RG/2 Claims Administration LLC, as Claims Administrator, on behalf of Faruqi & Faruqi LLP PUBLICATION NOTICE TO: ALL PERSONS WHO PURCHASED OR ACQUIRED SONIM TECHNOLOGIES, INC. ("SONIM") (NASDAQ: SONM) COMMON STOCK...

ROSEN, A GLOBALLY RANKED LAW FIRM, Reminds Sonim Technologies, Inc. Investors of Important December 6th Deadline in Securities Class Action - SONM

NEW YORK, Nov. 19, 2019 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Sonim Technologies, Inc. (NASDAQ: SONM) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sonim Technologies, Inc. - SONM

NEW YORK, Nov. 18, 2019 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sonim Technologies, Inc. ("Sonim" or the "Company") (NASDAQ: SONM). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The...

SONM Investor Alert: Hagens Berman Investigating Sonim Technologies (SONM) For Possible Disclosure Violations

SAN FRANCISCO, Sept. 10, 2019 /PRNewswire/ -- Hagens Berman notifies investors in Sonim Technologies (NASDAQ: SONM) of the firm's investigation of possible disclosure violations. If you invested in SONM before September 10, 2019 and suffered losses or have information that may assist this...

Sonim Technologies Announces Pricing of Initial Public Offering

SAN MATEO, Calif., May 9, 2019 /PRNewswire/ -- Sonim Technologies (Nasdaq: SONM), a leading U.S. provider of ultra-rugged mobility solutions designed specifically for task workers physically engaged in their work environments, today announced the pricing of its initial public offering of...

Veryfi and Sonim Technologies Team Up to Make Construction Sites Smarter, Improve Productivity

SAN MATEO, Calif., Dec. 6, 2018 /PRNewswire/ -- Veryfi, mobile software automation provider, today announced its partnership with Sonim Technologies to digitize manual business processes and improve productivity in the construction industry. Veryfi's smart automation mobile software is...
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Sonim Technologies Blogs

How Tough is the Sonim XP8?

Mission critical situations require smart communication, data collection, sharing, and connectivity more than ever before. For those working in extreme conditions or demanding environments, no ordinary smartphone will do. The Sonim XP8 is the ultra-reliable, ultra-rugged smartphone that’s built to p…

PrioCom and Sonim Partner to expand mission critical communications on 4G (MCPTT) in the Netherlands

Historically, land mobile radio (LMR) has been the cornerstone of mobile critical communications, particularly in industries like public safety and transportation. The simplicity and reliability of LMR is considered essential for critical communications because when involved in a dangerous or high-p…

Sonim XP5s Ultra-rugged Feature Phone Now Supported by Mission-Critical Standards Based FirstNet® PTT Solution from AT&T

Sonim XP5s Ultra-rugged Feature Phone Now Supported by Mission-Critical Standards Based FirstNet® PTT Solution from AT&T High volume device widely used in many safety-critical applications to provide leading edge technology for a consistent communications experience. Austin, Texas (Dec. 8, 2020…

Sonim Technologies and Acuraflow Announce New Distribution Agreement in Latin America

Sonim Technologies and Acuraflow Announce New Distribution Agreement in Latin America Austin, Texas (Dec. 1, 2020) — Sonim Technologies (Nasdaq: SONM) announced today its partnership with Acuraflow to distribute Sonim ultra-rugged devices in Latin America. The partnership will provide field workers…

Can Your Industry Benefit from a Rugged Tablet and Barcode Scanner?

Sonim’s RS60 and RS80 rugged SmartScanner devices were created to better serve industrial, field service and public safety workers in demanding work environments. These new devices can lower the total cost of ownership (TCO) as a result of their proven durability while improving the barcode scanning…

Sonim Announces Rugged Handheld and Tablet with Integrated Barcode Scanners

Sonim Announces Rugged Handheld and Tablet with Integrated Barcode Scanners Efficient SmartScanner Devices Join Sonim’s Rugged Mobility Solutions in Early 2021 Austin, Texas (Nov. 11, 2020) — Sonim Technologies (Nasdaq: SONM) today announced the launch of the RS60 and RS80 rugged SmartScanner devic…
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Sonim Technologies Frequently Asked Questions

  • When was Sonim Technologies founded?

    Sonim Technologies was founded in 1999.

  • Who are Sonim Technologies key executives?

    Sonim Technologies's key executives are Tom Wilkinson, Bob Tirva and Alan Howe.

  • How many employees does Sonim Technologies have?

    Sonim Technologies has 321 employees.

  • What is Sonim Technologies revenue?

    Latest Sonim Technologies annual revenue is $116.3 m.

  • What is Sonim Technologies revenue per employee?

    Latest Sonim Technologies revenue per employee is $362.2 k.

  • Who are Sonim Technologies competitors?

    Competitors of Sonim Technologies include Inphase Tech, Kaleidescape and QuickLogic.

  • Where is Sonim Technologies headquarters?

    Sonim Technologies headquarters is located at 1875 S Grant St, San Mateo.

  • Where are Sonim Technologies offices?

    Sonim Technologies has offices in San Mateo and Rollingwood.

  • How many offices does Sonim Technologies have?

    Sonim Technologies has 2 offices.