Sonim Technologies (SONM)

Net assets on the balance sheet as of September 2024 : A$24.6 Million

According to Sonim Technologies 's latest financial reports the company has A$24.6 Million 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	$A$29.45 M	14.63%
2021-12-31	$A$25.69 M	-30.45%
2020-12-31	$A$36.94 M	1.35%
2019-12-31	$A$36.45 M	400.74%
2018-12-31	$A$7.28 M	-159.74%
2017-12-31	$-A$12.19 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
QUALCOMM QCOM	A$42.12 B	171,077.28%	🇺🇸 USA
Qorvo QRVO	A$5.46 B	22,117.54%	🇺🇸 USA
EchoStar SATS	A$31.26 B	126,946.06%	🇺🇸 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 September 2024 : A$24.6 Million