$MINM Full-year 2021 Financial Highlights: Net
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Posted On: 04/11/2022 9:53:30 AM
$MINM Full-year 2021 Financial Highlights:
Net revenue of $55.4 million, a 16% increase over 2020, as the industry experienced an estimated 10% decrease in modem and modem/router sales.1
Total deferred revenue as of December 31, 2021 was $736 thousand, a 100% increase from the previous year.
Gross margin of 31.6% compared to 28.4% in 2020, an improvement of 328 basis points.
Net loss of $3.6 million, inclusive of a non-recurring net gain of $4.0 million related to the sale of the Zoom® trademark, compared to a net loss of $3.9 million in 2020.
https://finance.yahoo.com/news/minim-reports-...00627.html
Net revenue of $55.4 million, a 16% increase over 2020, as the industry experienced an estimated 10% decrease in modem and modem/router sales.1
Total deferred revenue as of December 31, 2021 was $736 thousand, a 100% increase from the previous year.
Gross margin of 31.6% compared to 28.4% in 2020, an improvement of 328 basis points.
Net loss of $3.6 million, inclusive of a non-recurring net gain of $4.0 million related to the sale of the Zoom® trademark, compared to a net loss of $3.9 million in 2020.
https://finance.yahoo.com/news/minim-reports-...00627.html
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