SONIM TECHNOLOGIES INC Annual Operating Margin in % from 2018 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Sonim Technologies Inc quarterly/annual Operating Margin history and growth rate from 2018 to 2023.
  • Sonim Technologies Inc Operating Margin for the quarter ending June 30, 2024 was -14 %, a 616% decline year-over-year.
  • Sonim Technologies Inc annual Operating Margin for 2023 was 0.55 %.
  • Sonim Technologies Inc annual Operating Margin for 2022 was -20.5 %, a 70.6% increase from 2021.
  • Sonim Technologies Inc annual Operating Margin for 2021 was -69.6 %, a 52.3% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 0.55 +21 Jan 1, 2023 Dec 31, 2023
2022 -20.5 +49.2 +70.6% Jan 1, 2022 Dec 31, 2022
2021 -69.6 -23.9 -52.3% Jan 1, 2021 Dec 31, 2021
2020 -45.7 -26.5 -137% Jan 1, 2020 Dec 31, 2020
2019 -19.3 -23.2 -584% Jan 1, 2019 Dec 31, 2019
2018 3.98 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.