SoundHound AI, Inc. (SOUN)
NASDAQ: SOUN · Real-Time Price · USD
7.09
+0.65 (10.01%)
Nov 21, 2024, 2:06 PM EST - Market open
SoundHound AI Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 67.3 | 45.87 | 31.13 | 21.2 | 13.02 | 7.68 |
| Revenue Growth (YoY) | 76.05% | 47.36% | 46.86% | 62.84% | 69.56% | - |
| Cost of Revenue | 26.46 | 11.31 | 9.6 | 6.59 | 5.86 | 4.52 |
| Gross Profit | 40.84 | 34.57 | 21.53 | 14.61 | 7.15 | 3.16 |
| Selling, General & Admin | 67.7 | 47.18 | 50.81 | 20.76 | 18.88 | 19.97 |
| Research & Development | 62.87 | 51.44 | 76.39 | 59.18 | 54.28 | 47.77 |
| Operating Expenses | 134.18 | 98.62 | 127.2 | 79.94 | 73.16 | 67.74 |
| Operating Income | -93.34 | -64.05 | -105.67 | -65.33 | -66 | -64.57 |
| Interest Expense | -17.16 | -17.57 | -6.89 | -8.34 | -2.27 | - |
| Interest & Investment Income | 7.69 | 2.87 | 0.39 | 0.01 | 0.17 | 0.92 |
| Currency Exchange Gain (Loss) | -0.5 | -0.5 | -0.7 | -0.5 | 0.02 | - |
| Other Non Operating Income (Expenses) | 2.13 | -1.21 | -0.95 | -4.92 | -1.81 | -0.56 |
| EBT Excluding Unusual Items | -101.18 | -80.47 | -113.82 | -79.08 | -69.89 | -64.21 |
| Merger & Restructuring Charges | -1.61 | -4.56 | - | - | - | - |
| Other Unusual Items | -15.25 | - | - | - | -3.78 | - |
| Pretax Income | -118.04 | -85.02 | -113.82 | -79.08 | -73.67 | -64.21 |
| Income Tax Expense | -7.95 | 3.91 | 2.89 | 0.46 | 0.74 | 0.25 |
| Net Income | -110.09 | -88.94 | -116.71 | -79.54 | -74.41 | -64.47 |
| Preferred Dividends & Other Adjustments | 0.98 | 2.77 | - | - | 3.18 | - |
| Net Income to Common | -111.07 | -91.71 | -116.71 | -79.54 | -77.59 | -64.47 |
| Shares Outstanding (Basic) | 307 | 229 | 157 | 67 | 12 | 12 |
| Shares Outstanding (Diluted) | 307 | 229 | 157 | 67 | 12 | 12 |
| Shares Change (YoY) | 41.47% | 45.73% | 133.91% | 470.93% | 1.53% | - |
| EPS (Basic) | -0.36 | -0.40 | -0.74 | -1.18 | -6.59 | -5.56 |
| EPS (Diluted) | -0.36 | -0.40 | -0.74 | -1.18 | -6.59 | -5.56 |
| Free Cash Flow | -90.24 | -68.66 | -95.35 | -66.81 | -48.47 | -51.14 |
| Free Cash Flow Per Share | -0.29 | -0.30 | -0.61 | -0.99 | -4.11 | -4.41 |
| Gross Margin | 60.68% | 75.35% | 69.16% | 68.93% | 54.96% | 41.19% |
| Operating Margin | -138.70% | -139.63% | -339.46% | -308.19% | -507.06% | -841.14% |
| Profit Margin | -165.04% | -199.92% | -374.93% | -375.24% | -596.06% | -839.74% |
| Free Cash Flow Margin | -134.10% | -149.67% | -306.30% | -315.20% | -372.33% | -666.17% |
| EBITDA | -84.86 | -61.74 | -101.64 | -59.83 | -59.97 | -59.9 |
| EBITDA Margin | -126.09% | -134.58% | - | -282.23% | - | - |
| D&A For EBITDA | 8.49 | 2.31 | 4.04 | 5.5 | 6.04 | 4.67 |
| EBIT | -93.34 | -64.05 | -105.67 | -65.33 | -66 | -64.57 |
| EBIT Margin | -138.70% | -139.63% | - | - | - | - |
Source: S&P Capital IQ. Standard template. Financial Sources.