Sonim Technologies (SONM)

Net assets on the balance sheet as of June 2024 : $17.47 Million USD

According to Sonim Technologies 's latest financial reports the company has $17.47 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sonim Technologies - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$20.04 M	7.6%
2021-12-31	$$18.63 M	-34.42%
2020-12-31	$$28.41 M	11.3%
2019-12-31	$$25.52 M	397.66%
2018-12-31	$$5.12 M	-153.91%
2017-12-31	$-$9.52 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
QUALCOMM QCOM	$26.27 B	150,260.54%	🇺🇸 USA
Qorvo QRVO	$3.41 B	19,415.68%	🇺🇸 USA
EchoStar SATS	$19.63 B	112,249.78%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Sonim Technologies (SONM) - Net assets

Net assets on the balance sheet as of June 2024 : $17.47 Million USD