Growth Metrics

Socket Mobile (SCKT) Net Margin: 2021-2023

  • Socket Mobile's Net Margin fell 2515.00% to -20.23% in Q1 2023 from the same period last year, while for Mar 2023 it was -3.69%, marking a year-over-year change of. This contributed to the annual value of -19.68% for FY2020, which is 2117.00% down from last year.
  • Latest data reveals that Socket Mobile reported Net Margin of -20.23% as of Q1 2023, which was up 3.54% from -20.97% recorded in Q3 2022.
  • Socket Mobile's 5-year Net Margin high stood at 10.00% for Q3 2021, and its period low was -20.97% during Q3 2022.
  • For the 3-year period, Socket Mobile's Net Margin averaged around -6.56%, with its median value being -7.65% (2022).
  • Data for Socket Mobile's Net Margin shows a maximum YoY crashed of 3,097bps (in 2022) over the last 5 years.
  • Quarterly analysis of 3 years shows Socket Mobile's Net Margin stood at 10.00% in 2021, then crashed by 3,097bps to -20.97% in 2022, then crashed by 2,515bps to -20.23% in 2023.
  • Its Net Margin was -20.23% in Q1 2023, compared to -20.97% in Q3 2022 and 4.93% in Q1 2022.