Minim, Inc. (MINM)
Minim, Inc. operates in the Communication Equipment industry of the Technology sector, headquartered in Manchester, NH, US. The stock last traded at $3.61, up 16.08% on the session, giving a market capitalisation of $13.4M. On trailing twelve-month figures it carries a trailing P/E of 18.05, a net margin of 15.7%. Its beta of 4.94 implies it has historically moved more than the broad market.
Minim, Inc., along with its subsidiary companies, specializes in the development, global sales, and ongoing support of a sophisticated Internet of Things (IoT) security platform. Its operations span both North America and international markets. The company's hardware offerings include a wide range of networking equipment such as cable modems, integrated modem/router units, internet gateways, mobile broadband modems, wireless routers, multimedia over coax adapters (MoCA), mesh home networking devices, and other local area network components. Beyond hardware, Minim provides software solutions: For individual users: The Minim mobile application empowers them to customize and oversee their home and office networks, featuring functionalities like speed diagnostics, data consumption tracking, proactive security alerts, malware prevention, privacy configurations, and parental control settings. For service providers and businesses: The Minim web application enables technical support personnel from Internet Service Providers (ISPs) and various businesses to offer remote assistance through insightful network analysis. For partners: The Minim API suite and MinimOS offer a robust framework, allowing third-party hardware manufacturers, ISPs, and other collaborators to seamlessly integrate with the Minim platform, manage their own account data, and interface with diverse third-party router firmware. Minim markets its products under well-recognized brands, including ZOOM, Motorola, and its own Minim label. The company employs a varied sales and distribution strategy, utilizing both a direct sales force and commissioned independent representatives. Its products reach customers through an extensive network of retailers, distributors, Internet Service Providers, various businesses, service providers, value-added resellers, PC system integrators, original equipment manufacturers, channel resellers, electronics distributors, and e-commerce platforms. Initially incorporated in 1977 as ZoomTelephonics, Inc., the company officially changed its name to Minim, Inc. in June 2021. Its corporate headquarters are located in Manchester, New Hampshire.
Minim, Inc. is most often compared with the following Technology names: