A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
SMITH MICRO SOFTWARE, INC.
SMSI
$52M
Mkt Cap
$2.50
-1.19%
SMITH MICRO SOFTWARE, INC. (SMSI) has a 5-year average return on invested capital (ROIC) of -57.6%. This is below average and may indicate limited pricing power.
SMITH MICRO SOFTWARE, INC. (SMSI) has a market capitalization of $64M. It is classified as a small-cap stock.
SMITH MICRO SOFTWARE, INC. (SMSI) does not currently pay a regular dividend.
SMITH MICRO SOFTWARE, INC. (SMSI) operates in the Services-Prepackaged Software industry, within the Technology sector.
SMITH MICRO SOFTWARE, INC. (SMSI) reported annual revenue of $17 million in its most recent fiscal year, based on SEC EDGAR filings.
SMITH MICRO SOFTWARE, INC. (SMSI) has a net profit margin of -173.3%. The company is currently unprofitable.
SMITH MICRO SOFTWARE, INC. (SMSI) generated $-7 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Smith Micro provides software solutions that simplify and enhance the mobile experience to some of the leading wireless service providers around the globe. From enabling the Digital Family Lifestyle™ to providing powerful voice messaging capabilities, we strive to enrich today’s connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer Internet of Things ("IoT") devices. Our portfolio includes family safety software solutions to support families in the digital age and a wide range of products for creating, sharing, and monetizing rich content, such as visual voice messaging, retail content display optimization and performance analytics on any product set. We continue to innovate and evolve our business to respond to industry trends and maximize opportunities in growing and evolving markets, such as digital lifestyle services and online safety, “Big Data” analytics, automotive telematics, and the consumer IoT marketplace.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 17M | 17M | - | 41M | 49M | 58M |
| Net Income | -29M | -30M | -49M | -24M | -29M | -31M |
| EPS | $-1.35 | $-1.46 | $-3.94 | $-24.08 | $-4.24 | $-4.88 |
| Free Cash Flow | -10M | -7.3M | -14M | -7.0M | -19M | -14M |
| ROIC | -116.0% | -100.1% | -83.9% | -32.1% | -33.1% | -39.0% |
| Gross Margin | 75.5% | 74.1% | - | 74.2% | 70.7% | 78.3% |
| Debt/Equity | 0.10 | 0.11 | 0.00 | 0.00 | 0.12 | 0.00 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -27M | -29M | -49M | -18M | -31M | -31M |
| Operating Margin | -160.2% | -167.1% | - | -44.2% | -63.7% | -53.0% |
| ROE | -157.1% | -101.8% | -83.9% | -32.1% | -33.1% | -39.0% |
| Shares Outstanding | 26M | 21M | 12M | 1M | 7M | 6M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 37M | 40M | 28M | 23M | 26M | 43M | 51M | 58M | 49M | 41M | N/A | 17M | 17M |
| Gross Margin | 74.8% | 79.4% | 73.2% | 77.9% | 58.8% | 76.2% | 69.6% | 78.3% | 70.7% | 74.2% | N/A | 74.1% | 75.5% |
| R&D | 14M | 14M | 16M | 9.0M | 8.6M | 12M | 18M | 26M | 29M | 17M | 14M | 11M | 9.7M |
| SG&A | 13M | 11M | 10M | 8.6M | 8.6M | 9.9M | 13M | 18M | 16M | 13M | 11M | 10M | 9.4M |
| EBIT | -12M | -2.5M | -16M | -5.7M | -1.2M | 10M | 3.5M | -31M | -31M | -18M | -49M | -29M | -27M |
| Op. Margin | -31.8% | -6.4% | -56.3% | -24.7% | -4.6% | 23.3% | 6.9% | -53.0% | -63.7% | -44.2% | N/A | -167.1% | -160.2% |
| Net Income | -12M | -2.6M | -15M | -6.7M | -3.1M | 11M | 4.2M | -31M | -29M | -24M | -49M | -30M | -29M |
| Net Margin | -31.9% | -6.6% | -54.3% | -29.0% | -12.0% | 24.5% | 8.1% | -53.1% | -60.4% | -59.7% | N/A | -173.3% | -169.9% |
| Non-Recurring | 3.0M | 47K | 303K | 123K | 173K | 677K | 730K | 14K | -4K | -12K | 24M | 12M | 12M |
| Returns on Capital | |||||||||||||
| ROIC | -71.4% | -18.0% | -87.8% | -56.3% | -20.3% | 67.3% | 12.7% | -39.0% | -33.1% | -32.1% | -83.9% | -100.1% | -116.0% |
| ROE | -71.4% | -18.0% | -179.6% | -174.7% | -25.0% | 30.6% | 7.8% | -39.0% | -33.1% | -32.1% | -83.9% | -101.8% | -157.1% |
| ROA | -40.0% | -10.0% | -79.1% | -47.3% | -16.1% | 24.5% | 6.2% | -33.1% | -26.9% | -25.8% | -72.9% | -82.4% | -111.7% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -6.8M | -55K | -12M | -7.4M | -2.9M | 10.0M | 7.9M | -13M | -19M | -7.0M | -14M | -7.2M | -10M |
| Free Cash Flow | -7.1M | -179K | -12M | -7.5M | -3.0M | 8.3M | 6.6M | -14M | -19M | -7.0M | -14M | -7.3M | -10M |
| Owner Earnings | -13M | -4.1M | -14M | -9.3M | -4.3M | 8.9M | 5.8M | -19M | -32M | -19M | -25M | -16M | -19M |
| CapEx | 216K | 124K | 500K | 77K | 173K | 1.7M | 1.3M | 830K | 49K | 4K | 20K | 88K | 95K |
| Maint. CapEx | 2.9M | 1.9M | 1.2M | 700K | 500K | 400K | 700K | 1.2M | 7.6M | 7.3M | 6.3M | 5.4M | 5.3M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 1.3M | 623K | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 2.9M | 1.9M | 1.2M | 700K | 500K | 400K | 700K | 1.2M | 7.6M | 7.3M | 6.3M | 5.4M | 5.3M |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | 16.6% | 16.7% | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 404K | 119K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | 0.8% | 0.1% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% | 0.0% |
| Stock-Based Comp | 3.7M | 2.2M | 1.5M | 1.2M | 935K | 701K | 1.4M | 4.8M | 4.9M | 4.8M | 4.5M | 3.6M | 3.1M |
| Debt Repayment | 0 | 0 | 97K | 1.8M | 3.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | N/A | N/A | -3.7M | 3.4M | -11M | N/A | N/A | -16M | -5.0M | -7.1M | -2.8M | 520K | 159K |
| Cash & Equiv. | 10M | 8.8M | 2.2M | 2.2M | 12M | 28M | 26M | 16M | 14M | 7.1M | 2.8M | 1.5M | 1.7M |
| Long-Term Debt | N/A | N/A | 2.6M | 3.8M | 2.0M | N/A | N/A | 0 | 0 | 0 | 0 | 1.0M | 1.9M |
| Debt/Equity | 0.84 | 0.74 | 0.85 | 1.23 | 0.05 | 0.26 | 0.24 | 0.00 | 0.12 | 0.00 | 0.00 | 0.11 | 0.10 |
| Interest Coverage | -3914.0 | -2538.0 | -50.8 | -5.1 | -2.6 | 44.3 | 36.7 | -909.9 | -11.5 | -2.8 | -441.0 | -71.3 | -71.3 |
| Equity | 15M | 14M | 3.1M | 4.6M | 21M | 49M | 59M | 101M | 76M | 75M | 41M | 18M | 18M |
| Total Assets | 27M | 24M | 14M | 14M | 25M | 61M | 73M | 115M | 104M | 86M | 48M | 25M | 26M |
| Total Liabilities | 12M | 10M | 11M | 9.3M | 4.6M | 13M | 14M | 14M | 27M | 10M | 7.3M | 6.6M | -849K |
| Intangibles | N/A | N/A | 745K | 487K | 238K | 4.5M | 13M | 43M | 36M | 30M | 24M | 18M | 17M |
| Retained Earnings | -208M | -211M | -226M | -233M | -236M | -225M | -221M | -252M | -282M | -306M | -355M | N/A | N/A |
| Working Capital | 14M | 15M | 2.4M | 3.1M | 17M | 34M | 31M | 19M | 5.8M | 9.2M | 4.3M | -1.6M | 1.6M |
| Current Assets | 23M | 22M | 7.9M | 7.9M | 20M | 40M | 39M | 29M | 27M | 17M | 10.0M | 4.5M | 6.0M |
| Current Liabilities | 8.8M | 7.2M | 5.5M | 4.8M | 3.4M | 5.7M | 8.4M | 9.4M | 21M | 7.6M | 5.7M | 6.1M | 4.4M |
| Per Share Data | |||||||||||||
| EPS | -8.39 | -7.36 | -10.24 | -3.92 | -1.12 | 2.32 | 0.80 | -4.88 | -4.24 | -24.08 | -3.94 | -1.46 | -1.35 |
| Owner EPS | -9.53 | -11.63 | -9.50 | -5.47 | -1.54 | 1.94 | 1.11 | -2.98 | -4.60 | -18.90 | -2.03 | -0.79 | -0.73 |
| Book Value | 10.60 | 39.67 | 2.04 | 2.69 | 7.33 | 10.65 | 11.28 | 15.81 | 11.06 | 74.41 | 3.30 | 0.89 | 0.72 |
| Cash Flow/Share | -4.87 | -0.16 | -7.68 | -4.37 | -1.02 | 2.19 | 1.52 | -2.03 | -2.79 | -6.88 | -1.16 | -0.35 | -0.92 |
| Dividends/Share | N/A | N/A | N/A | N/A | 0.14 | 0.03 | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 1.4M | 0.4M | 1.5M | 1.7M | 2.8M | 4.6M | 5.2M | 6.4M | 6.9M | 1.0M | 12.4M | 20.6M | 25.6M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | 13.3 | 53.7 | N/A | N/A | N/A | N/A | N/A | -1.8 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | 17.0 | 33.9 | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | 2.5 | 2.3 | 6.5 | 8.7 | 1.8 | 2.9 | 3.8 | 2.5 | 1.5 | 0.7 | 0.4 | N/A | 3.5 |
| Price/Sales | 1.4 | 1.3 | 1.0 | 0.8 | 1.7 | 3.2 | 3.7 | 4.9 | 3.3 | 2.3 | N/A | N/A | 3.8 |
| FCF Yield | -19.1% | -0.6% | -60.3% | -18.9% | -8.4% | 5.8% | 3.0% | -5.5% | -17.2% | -13.1% | -79.9% | N/A | -16.3% |
| Market Cap | 37M | 32M | 20M | 40M | 36M | 143M | 224M | 249M | 112M | 53M | 18M | 0 | 64M |
| Avg. Price | 39.77 | 34.98 | 18.91 | 11.37 | 18.10 | 30.38 | 36.24 | 44.90 | 23.39 | 11.40 | 2.43 | 0.00 | 2.50 |
| Year-End Price | 29.12 | 22.40 | 13.28 | 23.28 | 14.88 | 30.96 | 42.96 | 39.20 | 16.24 | 6.56 | 1.45 | 0.00 | 2.50 |
SMITH MICRO SOFTWARE, INC. passes 2 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 74.3%. At current prices, the estimated annualized return to fair value is -4.9%.
SMITH MICRO SOFTWARE, INC. (SMSI) has a debt-to-equity ratio of 0.11. This indicates a conservatively financed balance sheet.
SMITH MICRO SOFTWARE, INC. (SMSI) reported earnings per share (EPS) of $-1.46 in its most recent fiscal year.
SMITH MICRO SOFTWARE, INC. (SMSI) has a return on equity (ROE) of -101.8%. A negative ROE may indicate losses or negative equity.
SMITH MICRO SOFTWARE, INC. (SMSI) has a 5-year average gross margin of 74.3%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for SMITH MICRO SOFTWARE, INC. (SMSI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
SMITH MICRO SOFTWARE, INC. (SMSI) has a book value per share of $0.89, based on its most recent annual SEC filing.