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SMSI - Smith Micro Software, Inc.

NASDAQ -> Technology -> Software—Application
Pittsburgh, United States
Type: Equity

SMSI price evolution
SMSI
(in millions $) 30 Jun 2024 31 Mar 2024 31 Jan 2024 30 Sep 2023
Current assets
Cash $5.63 $6.16 $7.13 $7.98
Short term investments
Net receivables $3.82 $4.3 $7.91 $10.29
Inventory
Total current assets $11.51 $12.26 $16.88 $21.21
Long term investments
Property, plant & equipment $3.66 $3.94 $3.64 $3.68
Goodwill & intangible assets $37.32 $38.77 $64.57 $66.94
Total noncurrent assets $41.48 $43.18 $68.7 $71.1
Total investments
Total assets $52.99 $55.44 $85.58 $92.31
Current liabilities
Accounts payable $2.34 $2.22 $2.52 $3.03
Deferred revenue
Short long term debt $1.23 $1.27 $1.48 $4.89
Total current liabilities $7.54 $7.19 $7.64 $12.18
Long term debt $2.01 $2.23 $1.78 $1.79
Total noncurrent liabilities $2.55 $2.81 $2.54 $3.24
Total debt $3.23 $3.5 $3.26 $6.68
Total liabilities $10.09 $10 $10.19 $15.42
Shareholders' equity
Retained earnings -$343.88 -$336.95 -$305.95 -$299.24
Other shareholder equity
Total shareholder equity $42.9 $45.44 $75.39 $76.89
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $7.13 $14.03 $16.08 $25.75
Short term investments
Net receivables $7.91 $10.5 $10.59 $12.35
Inventory
Total current assets $16.88 $26.51 $28.66 $39.29
Long term investments
Property, plant & equipment $3.64 $5.22 $8.41 $7.96
Goodwill & intangible assets $64.57 $71.36 $77.67 $24.96
Total noncurrent assets $68.7 $77.07 $86.7 $33.61
Total investments
Total assets $85.58 $103.58 $115.36 $72.9
Current liabilities
Accounts payable $2.52 $3.24 $3.3 $2.28
Deferred revenue $0.18 $1.57
Short long term debt $1.48 $10.45 $1.4 $1.43
Total current liabilities $7.64 $20.73 $9.37 $8.37
Long term debt $1.78 $2.98 $4.47 $4.8
Total noncurrent liabilities $2.54 $6.47 $5.43 $5.82
Total debt $3.26 $13.42 $5.87 $6.24
Total liabilities $10.19 $27.2 $14.8 $14.19
Shareholders' equity
Retained earnings -$305.95 -$281.55 -$252.27 -$221.23
Other shareholder equity
Total shareholder equity $75.39 $76.38 $100.56 $58.72
(in millions $) 30 Jun 2024 31 Mar 2024 31 Jan 2024 30 Sep 2023
Revenue
Total revenue $5.14 $5.8 $11
Cost of revenue $1.61 $1.99 $2.53
Gross Profit $3.53 $3.81 $8.47
Operating activities
Research & development $3.7 $3.99 $3.7
Selling, general & administrative $5.27 $5.37 $5.38
Total operating expenses $10.51 $35.26 $10.65
Operating income -$6.98 -$31.45 -$2.18
Income from continuing operations
EBIT -$6.96 -$31.04 -$3.68
Income tax expense $0.04 $0.01
Interest expense -$0.03 -$0.07 $1.44
Net income
Net income -$6.93 -$31.01 -$5.13
Income (for common shares) -$6.93 -$31.01 -$5.13
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $40.86 $48.51 $58.42 $51.3
Cost of revenue $10.56 $14.21 $12.7 $5.19
Gross Profit $30.3 $34.3 $45.72 $46.11
Operating activities
Research & development $17.14 $29.87 $26.2 $19.07
Selling, general & administrative $23.87 $29.05 $29.5 $23.5
Total operating expenses $48.36 $65.23 $63.8 $42.59
Operating income -$18.05 -$30.93 -$18.07 $3.52
Income from continuing operations
EBIT -$17.88 -$26.37 -$30.86 $4.23
Income tax expense $0.16 $0.23 $0.21 $0.16
Interest expense $6.35 $2.68 -$0.03 -$0.1
Net income
Net income -$24.4 -$29.28 -$31.04 $4.17
Income (for common shares) -$24.4 -$29.28 -$31.04 $4.17
(in millions $) 30 Jun 2024 31 Mar 2024 31 Dec 2023 30 Sep 2023
Net income -$6.93 -$31.01 -$6.71 -$5.13
Operating activities
Depreciation $1.47 $1.76 $2.45 $0.73
Business acquisitions & disposals
Stock-based compensation $1.14 $1.14 $1.52 $1.34
Total cash flows from operations -$4.21 -$1.34 -$1.02 $1.54
Investing activities
Capital expenditures -$0.01 -$0 $0 -$0.01
Investments
Total cash flows from investing -$0.01 $0.19 $0.07 -$0.01
Financing activities
Dividends paid
Sale and purchase of stock $3.35
Net borrowings $0.34 $0.18 $0.12 $0.03
Total cash flows from financing $3.69 $0.18 $0.1 $0.03
Effect of exchange rate
Change in cash and equivalents -$0.53 -$0.97 -$0.86 $1.56
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income -$24.4 -$29.28 -$31.04 $4.17
Operating activities
Depreciation $7.2 $8.7 $9.34 $3.58
Business acquisitions & disposals -$56.87 -$13.5
Stock-based compensation $4.83 $4.95 $4.85 $3.06
Total cash flows from operations -$6.97 -$19.26 -$12.92 $7.92
Investing activities
Capital expenditures -$0 -$0.05 -$0.64 -$0.96
Investments -$0.23
Total cash flows from investing $0.13 $0.12 -$57.5 -$14.68
Financing activities
Dividends paid
Sale and purchase of stock $3 $61.88 $4.24
Net borrowings -$0.06 $15.26
Total cash flows from financing -$0.06 $17.09 $60.74 $4.24
Effect of exchange rate
Change in cash and equivalents -$6.9 -$2.05 -$9.68 -$2.51
Fundamentals
Market cap $9.14M
Enterprise value $6.74M
Shares outstanding 10.63M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q -50.28%
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 0.21
Book/Share 4.04
Cash/Share 0.53
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 0.14
Net debt/EBITDA N/A
Current ratio 1.53
Quick ratio 1.53