SoundHound AI, Inc. (SOUNW) Financials

$7.84

south_east
-$0.07 (-0.89%)
Day's range
$7.52
Day's range
$8.39

SOUNW Income statement / Annual

Last year (2024), SoundHound AI, Inc.'s total revenue was $84.69 M, an increase of 84.62% from the previous year. In 2024, SoundHound AI, Inc.'s net income was -$350.68 M. See SoundHound AI, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $84.69 M $45.87 M $31.13 M $21.20 M $13.02 M $7.68 M
Cost of Revenue $43.31 M $11.31 M $9.60 M $6.59 M $5.86 M $4.52 M
Gross Profit $41.38 M $34.57 M $21.53 M $14.61 M $7.15 M $3.16 M
Gross Profit Ratio 0.49 0.75 0.69 0.69 0.55 0.41
Research and Development Expenses $70.56 M $51.44 M $76.39 M $59.18 M $54.28 M $47.77 M
General & Administrative Expenses $53.27 M $28.29 M $30.44 M $16.52 M $14.14 M $14.58 M
Selling & Marketing Expenses $29.13 M $18.89 M $20.37 M $4.24 M $4.74 M $5.39 M
Selling, General & Administrative Expenses $82.40 M $47.18 M $50.81 M $20.76 M $18.88 M $19.97 M
Other Expenses $229.79 M $4.56 M $0.00 $0.00 $0.00 $0.00
Operating Expenses $382.74 M $103.17 M $127.20 M $79.94 M $73.16 M $67.74 M
Cost And Expenses $426.05 M $114.48 M $136.80 M $86.52 M $79.02 M $72.25 M
Interest Income $8.37 M $2.87 M $390.00 K $7.00 K $168.00 K $919.00 K
Interest Expense $12.17 M $16.73 M $6.89 M $8.34 M $2.27 M $0.00
Depreciation & Amortization $18.67 M $5.66 M $7.23 M $9.09 M $6.04 M $4.67 M
EBITDA -$329.09 M -$62.63 M -$99.71 M -$61.65 M -$65.36 M -$59.90 M
EBITDA Ratio -3.89 -1.37 -3.2 -2.91 -5.02 -7.8
Operating Income Ratio -4.03 -1.5 -3.39 -3.08 -5.07 -8.41
Total Other Income/Expenses Net -$18.58 M -$16.42 M -$8.15 M -$13.76 M -$7.67 M $360.00 K
Income Before Tax -$359.93 M -$85.02 M -$113.82 M -$79.08 M -$73.67 M -$64.21 M
Income Before Tax Ratio -4.25 -1.85 -3.66 -3.73 -5.66 -8.36
Income Tax Expense -$9.25 M $3.91 M $2.89 M $456.00 K $738.00 K $253.00 K
Net Income -$350.68 M -$88.94 M -$116.71 M -$79.54 M -$74.41 M -$64.47 M
Net Income Ratio -4.14 -1.94 -3.75 -3.75 -5.72 -8.4
EPS -1.04 -0.4 -0.74 -0.3976 0 -5.56
EPS Diluted -1.04 -0.4 -0.74 -0.3976 0 -5.56
Weighted Average Shares Out $338.46 M $229.26 M $157.32 M $200.03 M $17.46 M $11.60 M
Weighted Average Shares Out Diluted $338.46 M $229.26 M $157.32 M $200.03 M $17.46 M $11.60 M
Link