Growth Metrics

Sonim Technologies (SONM) Beginning Cash Balance: 2018-2024

Historic Beginning Cash Balance for Sonim Technologies (SONM) over the last 7 years, with Dec 2024 value amounting to $9.4 million.

  • Sonim Technologies' Beginning Cash Balance fell 79.10% to $2.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $9.1 million, marking a year-over-year decrease of 7.52%. This contributed to the annual value of $9.4 million for FY2024, which is 28.88% down from last year.
  • Latest data reveals that Sonim Technologies reported Beginning Cash Balance of $9.4 million as of FY2024, which was down 28.88% from $13.2 million recorded in FY2023.
  • Over the past 5 years, Sonim Technologies' Beginning Cash Balance peaked at $22.1 million during FY2021, and registered a low of $9.4 million during FY2024.
  • Moreover, its 3-year median value for Beginning Cash Balance was $11.2 million (2022), whereas its average is $11.3 million.
  • Per our database at Business Quant, Sonim Technologies' Beginning Cash Balance surged by 95.97% in 2021 and then tumbled by 49.27% in 2022.
  • Yearly analysis of 5 years shows Sonim Technologies' Beginning Cash Balance stood at $11.3 million in 2020, then soared by 95.97% to $22.1 million in 2021, then tumbled by 49.27% to $11.2 million in 2022, then increased by 17.63% to $13.2 million in 2023, then dropped by 28.88% to $9.4 million in 2024.