Aware vs Smith Micro Software
Aware and Smith Micro Software are similar in size: $17.3m and $17.4m of revenue in their latest fiscal years. Aware grew faster (-0.6% against -15.5%). Aware kept more of each dollar of sales as profit: a net margin of -34.0% against -168.9%.
| Latest fiscal year | AwareAWRE, 2025 | Smith Micro SoftwareSMSI, 2025 |
|---|---|---|
| Revenue | $17.3m | $17.4m |
| Revenue growth | -0.6% | -15.5% |
| Net income | −$5.9m | −$29.3m |
| Operating margin | -37.9% | — |
| Net margin | -34.0% | -168.9% |
| Return on equity | -20.6% | -99.2% |
| Free cash flow | −$5.6m | −$7.3m |
| Cash | $7.3m | $1.5m |
| Total debt | $0 | $1.0m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $115,000 | — |
| Employees | 80 | 118 |
| Market value | $20.1m | $13.2m |
| Price vs our value range | — | — |
| Moat score | 35 (Weak) | 31 (Weak) |
| Insider trades, 12 months | 26 buys, 0 sales | 0 buys, 2 sales |