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SOCKET MOBILE, INC. (SCKT)

Income Statement Business | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States     0.00.0  12.8
    Europe     0.00.0  2.9
    Asia and rest of world     0.00.0  1.3
    Other     16.421.3   
Total revenues  23.215.719.316.521.320.818.417.0
            Revenue growth   [+]47.8%-18.5%17.0%-22.7%2.4%13.0%8.1%8.7%
Cost of goods sold  10.87.49.28.09.910.49.59.6
Gross profit  12.48.310.18.511.410.48.97.4
            Gross margin  53.6%53.1%52.5%51.4%53.5%50.2%48.6%43.6%
Selling, general and administrative   [+]5.85.15.65.45.55.04.54.1
Research and development  4.03.13.93.63.52.92.32.3
EBITDA   [+]3.50.71.1-0.22.72.82.31.2
            EBITDA margin  14.9%4.3%5.6%-0.9%12.8%13.7%12.6%6.9%
Depreciation  0.80.60.50.40.30.30.20.2
EBITA  2.70.10.6-0.62.42.62.11.0
            EBITA margin  11.6%0.5%3.1%-3.6%11.4%12.3%11.6%5.6%
Amortization of intangibles         0.0
EBIT   [+]2.70.10.6-0.62.42.62.10.9
            EBIT margin  11.6%0.5%3.1%-3.6%11.4%12.3%11.6%5.5%
Non-recurring items   [+] 4.4      
Interest expense  0.20.10.10.10.10.10.30.2
Other income (expense), net   [+]3.91.2-0.40.3-4.90.0-0.1-0.3
Pre-tax income  6.4-3.20.1-0.4-2.62.41.80.4
Income taxes  1.90.1-0.20.1-1.1-9.70.00.0
            Tax rate  29.9%   44.0%  0.0%
Net income  4.5-3.30.3-0.6-1.412.11.80.4
            Net margin  19.3%-20.9%1.5%-3.5%-6.7%58.4%9.9%2.5%
   
Basic EPS   [+]$0.64($0.54)$0.05($0.09)($0.23)$2.10$0.33$0.09
Diluted EPS   [+]$0.50($0.54)$0.05($0.09)($0.23)$1.78$0.31$0.08
   
Shares outstanding (basic)   [+]7.06.06.06.16.35.85.65.0
Shares outstanding (diluted)   [+]8.96.06.26.16.36.85.95.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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