Sonim Technologies (SONM)

• Market cap: $18M
• 1 day: 5.13%
• 5 days: -1.86%
• 1 month: 17.14%
• 3 months: 40.84%
• 6 months: -51.45%
• Year to date: -51.13%
• 1 year: -48.54%
• 5 years: -98.76%
• 10 years: -99.66%
• Sector: Communication Services
• Industry: Telephone & Telegraph Apparatus

About: Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the United States, and to Bell, Rogers, and Telus Mobility in Canada. The products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.

Employees: 67

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.35% less ownership

Funds ownership: 2.42% [Q2] → 2.08% (-0.35%) [Q3]

41% less funds holding

Funds holding: 17 [Q2] → 10 (-7) [Q3]

64% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 11

74% less capital invested

Capital invested by funds: $1.13M [Q2] → $291K (-$838K) [Q3]

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 6