Socket Mobile Inc (SCKT) Files 10-K for the Fiscal Year Ended on December 31, 2018

Socket Mobile Inc (SCKT, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Socket Mobile Inc produces data capture products for mobile applications. Its primary products are cordless data capture devices, mobile computers and tablets and software development kit. Socket Mobile Inc has a market cap of $11.480 million; its shares were traded at around $1.95 with and P/S ratio of 0.73.

For the last quarter Socket Mobile Inc reported a revenue of $4.14 million, compared with the revenue of $4.38 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $16.5 million, a decrease of 22.7% from the previous year. For the last five years Socket Mobile Inc had an average revenue growth rate of 3% a year.

The reported loss per diluted share was 9 cents for the year, an increase of -60.9% from previous year. The Socket Mobile Inc had an operating margin of -3.56%, compared with the operating margin of 11.36% a year before. The 10-year historical median operating margin of Socket Mobile Inc is -4.04%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Socket Mobile Inc has the cash and cash equivalents of $1.09 million, compared with $3.38 million in the previous year. The long term debt was $0.83 million, compared with $0.27 million in the previous year. Socket Mobile Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $1.95, Socket Mobile Inc is traded at 12.1% premium to its historical median P/S valuation band of $1.74. The P/S ratio of the stock is 0.73, while the historical median P/S ratio is 0.66. The stock lost 41.77% during the past 12 months.

For the complete 20-year historical financial data of SCKT, click here.