SMSI - Smith Micro Software Inc Stock Price, Fair Value and News

2.66USD-0.02 (-0.75%)Delayed as of 16 May 2024, 03:10 pm ET

Market Summary

USD2.66-0.02

Delayedas of 16 May 2024, 03:10 pm

-0.75%

SMSI Stock Price

View Fullscreen

SMSI RSI Chart

SMSI Valuation

Market Cap

25.7M

Price/Earnings (Trailing)

-0.53

Price/Sales (Trailing)

0.72

EV/EBITDA

-0.44

Price/Free Cashflow

-8.63

SMSI Price/Sales (Trailing)

SMSI Profitability

EBT Margin

-135.26%

Return on Equity

-106.77%

Return on Assets

-87.51%

Free Cashflow Yield

-11.59%

SMSI Fundamentals

SMSI Revenue

Revenue (TTM)

35.7M

Rev. Growth (Yr)

-46.95%

Rev. Growth (Qtr)

-32.53%

SMSI Earnings

Earnings (TTM)

-48.5M

Earnings Growth (Yr)

-350.23%

Earnings Growth (Qtr)

-362%

Breaking Down SMSI Revenue

52 Week Range

2.70

(Low)(High)

Last 7 days

9.4%

Last 30 days

36.7%

Last 90 days

-56.5%

Trailing 12 Months

-73.0%

How does SMSI drawdown profile look like?

SMSI Financial Health

Current Ratio

1.7

Debt/Equity

0.08

Debt/Cashflow

-0.87

SMSI Investor Care

Shares Dilution (1Y)

23.50%

Diluted EPS (TTM)

-5.44

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	35.7M	0	0	0
2023	46.7M	44.4M	43.7M	40.9M
2022	59.8M	56.5M	51.8M	48.5M
2021	49.4M	52.3M	56.2M	58.4M
2020	48.2M	50.3M	51.2M	51.3M
2019	29.3M	33.2M	38.4M	43.3M
2018	22.9M	23.9M	24.7M	26.3M
2017	26.6M	25.0M	24.3M	23.0M
2016	36.2M	34.3M	31.2M	28.2M
2015	39.1M	39.9M	40.1M	39.5M
2014	39.5M	37.6M	38.3M	37.0M
2013	44.8M	45.1M	42.9M	42.7M
2012	50.1M	44.2M	42.5M	43.3M
2011	118.4M	103.2M	81.8M	57.8M
2010	0	115.0M	122.8M	130.5M
2009	0	0	0	107.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Smith Micro Software Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	kempton james m	acquired	72.25	0.289	250	vp, cfo and treasurer
Mar 19, 2024	smith william w jr	sold (taxes)	-4,034	0.34	-11,866	president & ceo
Mar 19, 2024	kempton james m	sold (taxes)	-1,668	0.34	-4,906	vp, cfo and treasurer
Mar 13, 2024	kempton james m	sold	-1,681	0.35	-4,804	vp, cfo and treasurer
Mar 13, 2024	smith william w jr	sold	-4,077	0.35	-11,651	president & ceo
Feb 22, 2024	smith william w jr	sold (taxes)	-3,946	0.78	-5,060	president & ceo
Feb 22, 2024	kempton james m	sold (taxes)	-783	0.77	-1,018	vp, cfo and treasurer
Feb 22, 2024	kempton james m	back to issuer	-	-	-7,291	vp, cfo and treasurer
Feb 22, 2024	smith william w jr	back to issuer	-	-	-13,586	president & ceo
Feb 21, 2024	kempton james m	acquired	-	-	186,422	vp, cfo and treasurer

Which funds bought or sold SMSI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	MILLENNIUM MANAGEMENT LLC	sold off	-100	-143,822	-	-%
May 15, 2024	Royal Bank of Canada	reduced	-93.27	-	-	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-29.75	-74,145	30,702	-%
May 15, 2024	D. E. Shaw & Co., Inc.	sold off	-100	-19,913	-	-%
May 15, 2024	STATE STREET CORP	unchanged	-	-97,974	70,029	-%
May 15, 2024	WOLVERINE TRADING, LLC	sold off	-100	-12,561	-	-%
May 15, 2024	MORGAN STANLEY	added	8.46	-13,139	10,842	-%
May 15, 2024	OCCUDO QUANTITATIVE STRATEGIES LP	sold off	-100	-9,606	-	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-59.41	-41,757	8,504	-%
May 15, 2024	MARSHALL WACE, LLP	sold off	-100	-94,516	-	-%

Are Funds Buying or Selling SMSI?

Are funds buying SMSI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SMSI

No. of Funds

Unveiling Smith Micro Software Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	iroquois capital management, llc	1.76%	347,828	SC 13G/A
Feb 08, 2024	smith william w jr	7.5%	-	SC 13G/A
Jun 28, 2023	iroquois capital management, llc	4.2%	102,383	SC 13G
Feb 14, 2023	smith william w jr	9.3%	-	SC 13G/A
Mar 09, 2022	blackrock inc.	4.99%	2,728,014	SC 13G
Feb 14, 2022	smith william w jr	9.4%	-	SC 13G/A
Feb 04, 2022	blackrock inc.	5.1%	2,779,023	SC 13G
Apr 12, 2021	blackrock inc.	4.3%	2,228,076	SC 13G/A
Feb 16, 2021	smith william w jr	13.5%	-	SC 13G/A
Feb 02, 2021	blackrock inc.	5.2%	2,152,476	SC 13G

Recent SEC filings of Smith Micro Software Inc

View All Filings

Date Filed	Form Type	Document
May 14, 2024	8-K	Current Report
May 10, 2024	424B5	Prospectus Filed
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	ARS	ARS
May 09, 2024	DEF 14A	DEF 14A
May 09, 2024	DEFA14A	DEFA14A
May 08, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report
Apr 04, 2024	8-K	Current Report
Apr 04, 2024	8-K	Current Report

Peers (Alternatives to Smith Micro Software Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	279.0B	34.9B	5.38%	40.59%	67.45	8	11.18%	1888.46%
UBER	139.2B	38.6B	-9.21%	77.99%	100.18	3.61	14.01%	141.26%
ADSK	47.1B	5.3B	-4.03%	14.03%	51.4	8.82	9.15%	48.14%
ANSS	28.8B	2.2B	0.52%	10.27%	66.27	12.93	3.59%	-21.47%
ZM	19.2B	4.5B	5.94%	-3.29%	30.11	4.24	3.06%	514.65%
MID-CAP
APPF	9.0B	671.8M	15.87%	78.75%	117.91	13.42	33.64%	185.98%
LYFT	6.9B	4.7B	-4.95%	107.40%	-37.25	1.47	10.90%	88.31%
ALRM	3.5B	895.2M	6.52%	44.66%	39.27	3.93	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	27.59%	12.86%	-11.79	10.81	11.14%	-3.59%
AGYS	2.6B	228.1M	16.03%	23.50%	30.14	11.53	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	261.2M	572.4M	36.90%	-79.39%	-1.32	0.46	-19.38%	-489.49%
AEYE	246.7M	31.6M	58.45%	245.17%	-42.02	7.8	2.76%	43.72%
ASUR	196.2M	117.7M	5.57%	-40.22%	-19.89	1.67	12.54%	11.24%

Smith Micro Software Inc News

Latest updates

Smith Micro Software Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-32.5%	5,798,000	8,593,000	11,001,000	10,338,000	10,930,000	11,405,000	11,699,000	12,674,000	12,735,000	14,679,000	16,443,000	15,919,000	11,381,000	12,416,000	12,629,000	12,933,000	13,322,000	12,278,000	11,782,000	10,854,000	8,432,000
Gross Profit	-40.8%	3,810,000	6,433,500	8,473,000	7,749,000	7,648,000	8,077,500	8,070,000	9,057,000	9,098,000	10,576,000	12,751,000	12,561,000	9,836,000	10,994,000	11,303,000	11,664,000	12,149,000	11,252,000	10,771,000	9,880,000	7,516,000
Operating Expenses	190.7%	35,256,000	12,129,500	10,654,000	10,993,000	14,583,000	15,238,000	16,425,000	17,430,000	16,136,000	14,606,000	31,212,000	17,771,000	13,073,000	11,005,500	11,107,000	10,287,000	10,190,000	7,621,500	7,291,000	6,948,000	7,454,000
S&GA Expenses	6.3%	2,614,000	2,458,000	2,449,000	2,628,000	3,554,000	3,196,000	2,986,000	3,720,000	2,981,000	3,153,000	3,067,000	3,117,000	2,244,000	1,041,000	2,655,000	2,613,000	2,787,000	1,988,000	1,793,000	1,768,000	1,968,000
R&D Expenses	3.1%	3,989,000	3,868,500	3,704,000	3,705,000	5,868,000	6,633,000	7,409,000	8,080,000	7,265,000	7,137,500	7,123,000	7,063,000	4,873,000	3,984,500	5,455,000	4,604,000	3,729,000	3,194,500	3,063,000	2,743,000	2,682,000
EBITDA Margin	-120.3%	-1.25	-0.57	-0.60	-0.59	-0.57	-0.50	-0.38	-0.53	-0.43	-0.37	-0.29	0.00	-	-	-	-	-	-	-	-	-
Interest Expenses	112.1%	74,000	-614,000	-1,443,000	-2,037,000	-2,260,000	-1,782,000	-896,000	2,000	-4,000	9,000	1,000	16,000	8,000	1,500	7,000	2,000	86,000	111,000	87,000	31,000	-
Income Taxes	-70.7%	39,000	133,000	14,000	2,000	9,000	149,000	27,000	31,000	19,000	44,500	145,000	14,000	23,000	115,000	45,000	21,000	19,000	72,000	-	4,000	4,000
Earnings Before Taxes	-370.7%	-30,968,000	-6,578,500	-5,119,000	-5,663,000	-6,878,000	-7,823,000	-5,785,000	-8,462,000	-6,983,000	-3,952,000	-18,462,000	-5,189,000	-3,225,000	695,000	206,000	1,379,000	2,045,000	3,743,000	3,567,000	3,440,000	52,000
EBT Margin	-128.0%	-1.35	-0.59	-0.58	-0.59	-0.62	-0.60	-0.49	-0.67	-0.58	-0.53	-0.47	-0.14	-	-	-	-	-	-	-	-	-
Net Income	-362.0%	-31,007,000	-6,711,500	-5,133,000	-5,665,000	-6,887,000	-7,972,000	-5,812,000	-8,493,000	-7,002,000	-4,008,000	-18,607,000	-5,203,000	-3,225,000	580,000	161,000	1,379,000	2,045,000	3,671,000	3,567,000	3,436,000	48,000
Net Income Margin	-127.4%	-1.36	-0.60	-0.59	-0.59	-0.62	-0.60	-0.49	-0.67	-0.58	-0.53	-0.47	-0.15	-	-	-	-	-	-	-	-	-
Free Cashflow	-31.5%	-1,345,000	-1,023,000	1,541,000	-2,156,000	-5,335,000	-4,783,000	-2,851,000	-5,038,000	-6,589,000	-15,191,000	779,000	-2,204,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-35.2%	55.00	86.00	92.00	95.00	98.00	104	109	101	109	115	135	137	130	73.00	72.00	73.00	68.00	61.00	57.00	41.00	34.00
Current Assets	-27.4%	12.00	17.00	21.00	22.00	23.00	27.00	30.00	19.00	24.00	29.00	47.00	47.00	98.00	39.00	37.00	38.00	32.00	40.00	36.00	21.00	17.00
Cash Equivalents	-13.6%	6.00	7.00	8.00	6.00	9.00	14.00	19.00	5.00	10.00	16.00	32.00	30.00	89.00	26.00	26.00	24.00	19.00	28.00	24.00	7.00	7.00
Net PPE	-10.5%	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00
Goodwill	-68.5%	11.00	35.00	35.00	35.00	35.00	35.00	35.00	35.00	35.00	35.00	40.00	40.00	12.00	12.00	11.00	11.00	11.00	8.00	8.00	8.00	8.00
Current Liabilities	-5.9%	7.00	8.00	12.00	17.00	20.00	21.00	13.00	10.00	9.00	9.00	25.00	13.00	8.00	8.00	8.00	10.00	9.00	6.00	5.00	5.00	5.00
Shareholder's Equity	-39.7%	45.00	75.00	77.00	74.00	74.00	76.00	83.00	87.00	94.00	101	104	119	116	59.00	58.00	57.00	53.00	49.00	45.00	30.00	26.00
Retained Earnings	-10.1%	-336	-305	-299	-294	-288	-281	-273	-267	-259	-252	-248	-229	-224	-221	-221	-221	-223	-225	-229	-232	-235
Additional Paid-In Capital	0.3%	382	381	376	369	362	358	357	355	353	353	352	349	340	280	279	279	276	274	274	262	262
Shares Outstanding	2.7%	10.00	9.00	9.00	8.00	8.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	65.00	-	-	-	121	-	-	-	248	-	-	-	151	-	-	-	81.00	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-31.5%	-1,345	-1,023	1,541	-2,156	-5,335	-4,783	-2,851	-5,038	-6,589	-15,191	779	-2,204	3,700	-352	3,941	2,074	2,261	5,160	6,389	-907	-654
Share Based Compensation	-25.2%	1,136	1,519	1,341	1,030	945	1,099	1,095	1,689	1,065	1,226	1,327	1,279	1,016	812	811	809	632	355	351	333	455
Cashflow From Investing	193.9%	194	66.00	-8.00	71.00	3.00	106	38.00	22.00	-51.00	26.00	-397	-56,953	-179	224	-1,699	-70.00	-13,136	-828	-524	173	-4,084
Cashflow From Financing	81.0%	181	100	32.00	-222	30.00	-298	16,457	542	393	-1,129	2,054	-154	59,972	10.00	16.00	2,154	2,063	66.00	11,394	-33.00	-43.00

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

SMSI Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Income Statement [Abstract]

Revenues

$ 5,798

$ 10,930

Cost of revenues (including depreciation of $6 and $14 in the three months ended March 31, 2024 and 2023, respectively)

1,988

3,282

Gross profit

3,810

7,648

Operating expenses:

Selling and marketing

2,614

3,554

Research and development

3,989

5,868

General and administrative

2,756

3,475

Depreciation and amortization

1,908

1,686

Goodwill impairment

23,989

Total operating expenses

35,256

14,583

Operating loss

(31,446)

(6,935)

Other income (expense):

Change in fair value of warrant and derivative liabilities

185

2,984

Loss on derecognition of debt

(627)

Interest income (expense), net

(2,260)

Other income (expense), net

219

(40)

Loss before provision for income taxes

(30,968)

(6,878)

Provision for income tax expense

Net loss

$ (31,007)

$ (6,887)

Loss per share:

Basic (in dollars per share)

^[1]

$ (3.28)

$ (0.97)

Diluted (in dollars per share)

^[1]

$ (3.28)

$ (0.97)

Weighted average shares outstanding:

Basic (in shares)

^[1]

9,466

7,121

Diluted (in shares)

^[1]

9,466

7,121

[1]	*After giving effect to the Reverse Stock Split.

SMSI Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Current assets:

Cash and cash equivalents

$ 6,155

$ 7,125

Accounts receivable, net of related allowances of $3 and $3 at 2024 and 2023, respectively

4,301

7,912

Prepaid expenses and other current assets

1,800

1,843

Total current assets

12,256

16,880

Equipment and improvements, net

790

883

Right-of-use assets

3,147

2,759

Other assets

480

482

Intangible assets, net

27,715

29,532

Goodwill

11,052

35,041

Total assets

55,440

85,577

Current liabilities:

Accounts payable

2,218

2,522

Accrued payroll and benefits

2,653

2,500

Current operating lease liabilities

1,272

1,483

Other current liabilities

1,048

1,137

Total current liabilities

7,191

7,642

Non-current liabilities:

Warrant liabilities

411

597

Operating lease liabilities

2,228

1,780

Deferred tax liabilities, net

168

Total non-current liabilities

2,807

2,545

Commitments and contingencies

Stockholders' equity:

Common stock, par value $0.001 per share; 100,000,000 shares authorized; 9,601,504 and 9,347,979 shares issued and outstanding 2024 and 2023, respectively*

^[1]

Additional paid-in capital

382,387

381,329

Accumulated comprehensive deficit

(336,955)

(305,948)

Total stockholders’ equity

45,442

75,390

Total liabilities and stockholders' equity

$ 55,440

$ 85,577

[1]	*After giving effect to the Reverse Stock Split (as defined in Note 1).

About Smith Micro Software Inc

Smith Micro Software, Inc. engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, Africa, and internationally. The company offers SafePath Family, SafePath IoT, and SafePath Home product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service providers deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language Voice-to-Text transcription messaging. It also provides ViewSpot, a retail display management platform that offers on-screen and interactive demos to wireless carriers and other retailers; and technical support and customer services. Smith Micro Software, Inc. was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania.

CEO	Mr. William W. Smith Jr.
WEBSITE	smithmicro.com
INDUSTRY	Software - Apps
EMPLOYEES	315

Smith Micro Software Inc Frequently Asked Questions

What is the ticker symbol for Smith Micro Software Inc? What does SMSI stand for in stocks?

SMSI is the stock ticker symbol of Smith Micro Software Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Smith Micro Software Inc (SMSI)?

As of Wed May 15 2024, market cap of Smith Micro Software Inc is 25.73 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SMSI stock?

You can check SMSI's fair value in chart for subscribers.

What is the fair value of SMSI stock?

You can check SMSI's fair value in chart for subscribers. The fair value of Smith Micro Software Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Smith Micro Software Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SMSI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Smith Micro Software Inc a good stock to buy?

The fair value guage provides a quick view whether SMSI is over valued or under valued. Whether Smith Micro Software Inc is cheap or expensive depends on the assumptions which impact Smith Micro Software Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SMSI.

What is Smith Micro Software Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, SMSI's PE ratio (Price to Earnings) is -0.53 and Price to Sales (PS) ratio is 0.72. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SMSI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Smith Micro Software Inc's stock?

In the past 10 years, Smith Micro Software Inc has provided -0.204 (multiply by 100 for percentage) rate of return.