Sonim Technologies (SONM)

Net assets on the balance sheet as of June 2024 : C$23.7 M

According to Sonim Technologies 's latest financial reports the company has C$23.7 M 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	$C$27.2 M	15.36%
2021-12-31	$C$23.57 M	-34.92%
2020-12-31	$C$36.22 M	9.49%
2019-12-31	$C$33.08 M	372.93%
2018-12-31	$C$6.99 M	-158.49%
2017-12-31	$-C$11.97 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
QUALCOMM QCOM	C$33.46 B	141,081.18%	🇺🇸 USA
Qorvo QRVO	C$4.72 B	19,851.13%	🇺🇸 USA
EchoStar SATS	C$26.62 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 : C$23.7 M