Socket Mobile Inc (SCKT) Files 10-K for the Fiscal Year Ended on December 31, 2017

Socket Mobile Inc (SCKT, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. 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 $25.170 million; its shares were traded at around $3.59 with and P/S ratio of 1.15.

For the last quarter Socket Mobile Inc reported a revenue of $4.38 million, compared with the revenue of $5.43 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $21.3 million, an increase of 2.4% from last year. For the last five years Socket Mobile Inc had an average revenue growth rate of 9.5% a year.

The reported loss per diluted share was 23 cents for the year, compared with the earnings per share of $0.31 in the previous year. The Socket Mobile Inc had a decent operating margin of 11.36%, compared with the operating margin of 12.33% a year before. The 10-year historical median operating margin of Socket Mobile Inc is -8.70%. 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 $3.38 million, compared with $1.32 million in the previous year. The company had no long term debt, compared with $0.33 million in the previous year. The interest coverage to the debt is at a comfortable level of 20.7. Socket Mobile Inc has a financial strength rank of 8 (out of 10).

At the current stock price of $3.59, Socket Mobile Inc is traded at 69.3% premium to its historical median P/S valuation band of $2.12. The P/S ratio of the stock is 1.15, while the historical median P/S ratio is 0.67. The stock lost 17.46% during the past 12 months.

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