SOCKET MOBILE, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | 48.6% | 11.6% | 9.9% |
| FY2016 | 50.2% | 12.3% | 58.4% |
| FY2017 | 53.5% | 11.4% | -6.7% |
| FY2018 | 51.4% | -3.6% | -3.5% |
| FY2019 | 52.5% | 3.1% | 1.5% |
| FY2020 | 53.1% | -27.7% | -20.9% |
| FY2021 | 53.6% | 11.6% | 19.3% |
| FY2022 | 48.8% | -2.1% | 0.4% |
| FY2023 | 49.7% | -18.3% | -11.3% |
| FY2024 | 50.4% | -13.1% | -12.0% |