Socket Mobile

Portable computing and data collection hardware for the local and international markets.

Launch date

1992

Employees

Market cap

Enterprise valuation

€11m (Public information from Sep 2024)

Newark New Jersey (HQ)

http://socketmobile.com

https://twitter.com/socketmobile https://www.facebook.com/socketmobile https://www.linkedin.com/company/socket-mobile-inc https://apps.apple.com/app/id1120225000 socketmobile https://play.google.com/store/apps/details?id=com.socketmobile.companion

Revenues, earnings & profits over time

USD	2019	2020	2021	2022	2023	2024	2025
Revenues	19.3m	15.7m	23.2m	21.2m	17.0m	18.5m	20.0m
% growth	17 %	(18 %)	48 %	(8 %)	(20 %)	9 %	8 %
EBITDA	<1m	3.4m	2.8m	(<1m)	(1.7m)	-	-
% EBITDA margin	3 %	22 %	12 %	(2 %)	(10 %)	-	-
Profit	<1m	(3.3m)	4.5m	<1m	(1.9m)	-	-
% profit margin	1 %	(21 %)	19 %	-	(11 %)	-	-
EV / revenue	0.6x	0.9x	1.1x	0.7x	0.7x	-	-
EV / EBITDA	19.1x	4.3x	9.2x	-34.7x	-6.9x	-	-
R&D budget	3.9m	3.1m	4.0m	4.4m	4.8m	-	-
R&D % of revenue	20 %	20 %	17 %	21 %	28 %	-	-

Date	Investors	Amount	Round
-	Western Technology Investment	N/A	-
Dec 2010	N/A	$2.3m	Post IPO Equity
Mar 2011	N/A	$500k	Post IPO Equity
Aug 2012	N/A	$400k	Post IPO Debt
May 2023*	Kevin Mills	$1.6m	Post IPO Convertible
Aug 2024*	Bill Parnell Enrico Mills Eric Glaenzer	$1.0m	Post IPO Convertible
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.