Sonim Technologies is a provider of rugged mobile phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. Co. sells its ruggedized mobile phones and accessories to three wireless carriers in the United States including AT&T, Sprint and Verizon, as well as three wireless carriers in Canada including Bell, Rogers and Telus Mobility. Co.'s phones and accessories connect workers with voice, data and workflow applications in two end markets: industrial enterprise and public sector. Co.'s solutions consist primarily of mobile phones based on the Android platform. The SONM average annual return since 2019 is shown above.
The Average Annual Return on the SONM average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SONM average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SONM average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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