Sonim Reports Q2 FY25 Financial Results, Expects Growth in H2 2025

• Sonim Q2 2025 results reflect investments and product launches. • Tier-one carrier launches of XP Pro series and 5G flip feature phone underway. • Debuted Sonim MegaConnect, the world's first HPUE mobile hotspot. • Strong finish to 2025 expected. • CEO Peter Liu highlights pivotal Q2 for the company.

Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions for first responders, government, and enterprise, reported its financial results for the second quarter of 2025. The company highlighted significant investments and product launches as key drivers for the quarter, setting the stage for a strong finish to the year.

CEO Peter Liu emphasized the pivotal nature of the second quarter, stating, "The second quarter of 2025 marked a pivotal period for Sonim as we laid the groundwork for a strong finish to the year." The company reported net revenue of $11.2 million, a decrease of 33% from the first quarter, largely due to a one-time $5.3 million addition to revenue in the first quarter related to the expiration of customer allowance agreements [1].

The quarter also saw the launch of the XP Pro smartphone with AT&T and the commencement of shipments of the Sonim H500 mobile hotspot to distributors in Europe, supporting third-quarter launches with tier-one operators Deutsche Telekom, Telenor, and Swisscom. Additionally, Sonim debuted Sonim MegaConnect, the world's first HPUE mobile hotspot, in collaboration with FirstNet and AT&T [1].

The company's financial highlights include a GAAP net loss of $7.5 million for the quarter, compared to net income of $0.5 million in the first quarter. Adjusted EBITDA was negative $3.2 million, unchanged from the first quarter. The quarter ended with cash and cash equivalents totaling $2.0 million, trade accounts receivable of $2.9 million, and inventory valued at $9.9 million [1].

Sonim also announced a definitive agreement with Social Mobile to acquire substantially all of Sonim's assets for $15.0 million and up to an additional $5.0 million in an earn-out payment. The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions [1].

The company's CEO expressed confidence in the company's strategic positioning, stating, "We are confident that these milestones position us for sustained growth and success as we move forward." The strong focus on product innovation and strategic partnerships is expected to drive the company's growth in the quarters ahead [1].

References:
[1] https://finance.yahoo.com/news/sonim-technologies-reports-second-quarter-210700947.html