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Socket Mobile (SCKT) investor relations material

Socket Mobile Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary31 Jul, 2025

Executive summary

  • Q2 2025 revenue was $4.04M, down 20% year-over-year due to weak demand, distributor inventory reductions, and project delays.

  • Gross margin held at 49.9%, slightly below last year's 50.9%, supported by cost controls and favorable product mix.

  • Operating loss increased to $677K from $535K year-over-year, but improved sequentially from Q1's $894K loss.

  • Net loss for Q2 2025 was $792K, or $0.10 per share, compared to $608K, or $0.08 per share, in Q2 2024.

  • Initial deployment of ExtremeScan/XtremeScan products to a large industrial customer was successful, though broader rollout delayed to 2026.

Financial highlights

  • Q2 2025 revenue: $4.04M, down from $5.08M in Q2 2024; six-month revenue: $8.01M, down from $10.06M in H1 2024.

  • Gross margin: 49.9% in Q2 2025 vs. 50.9% in Q2 2024; consistent with Q1.

  • Operating expenses: $2.7M, down from $3.1M year-over-year and $2.9M in Q1.

  • Adjusted EBITDA loss: $100K vs. $8K positive last year and $480K loss in Q1.

  • Net loss per share: $0.10 in Q2 2025 vs. $0.08 in Q2 2024.

Outlook and guidance

  • Management expects revenue headwinds and market softness to persist through 2025.

  • Now targeting EBITDA neutral for 2025, rather than profitability.

  • Focus remains on cost control, product innovation, and supporting app provider partners.

  • Continued investment in R&D and Apple-related sales opportunities, despite short-term resource strain.

  • Cost-saving measures and new product initiatives are being implemented to navigate the challenging environment.

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Frequently asked questions

Socket Mobile Inc. is a technology company that designs and manufactures data capture and delivery solutions, primarily focusing on mobile barcode scanners and related devices. The company's products are used in a variety of industries, including retail, hospitality, logistics, and healthcare, to streamline business operations and improve data accuracy. Socket Mobile's barcode scanning solutions are compatible with mobile applications on smartphones, tablets, and other handheld devices, supporting seamless integration for tasks such as inventory management, asset tracking, and point-of-sale operations. The company is headquartered in Newark, California, USA, and its shares are listed on the NASDAQ.

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