SoundHound AI Inc. | Mid-cap | Technology
$11.38
2.61%
| SoundHound AI Stock Comparison:
SoundHound AI vs SalesforceSoundHound AI vs IntuitSoundHound AI vs QxoSoundHound AI vs Descartes SystemsSoundHound AI vs Altair EngineeringSoundHound AI vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 84.7M
Gross Profit 41.4M 48.86%
Operating Income -118.7M -140.13%
Net Income -350.7M -414.06%

Balance Sheet Metrics

Total Assets 554.0M
Total Liabilities 371.3M
Shareholders Equity 182.7M
Debt to Equity 2.03

Cash Flow Metrics

Operating Cash Flow -126.3M
Free Cash Flow -109.5M

Revenue & Profitability Trend

SoundHound AI Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue84.7M45.9M31.1M21.2M13.0M
Cost of Goods Sold43.3M11.3M9.6M6.6M5.9M
Gross Profit41.4M34.6M21.5M14.6M7.2M
Operating Expenses153.0M98.6M127.2M79.9M73.2M
Operating Income-118.7M-64.1M-105.7M-65.3M-66.0M
Pre-tax Income-359.9M-85.0M-113.8M-79.1M-73.7M
Income Tax-9.2M3.9M2.9M456.0K738.0K
Net Income-350.7M-88.9M-116.7M-79.5M-74.4M
EPS (Diluted)--$0.40-$0.74-$1.18-$1.11

Income Statement Trend

SoundHound AI Balance Sheet From 2021 to 2024

Metric20242023202220222021
Assets
Current Assets255.5M113.5M17.7M3.6B27.5M
Non-Current Assets298.4M37.6M20.3M1.5B21.7M
Total Assets554.0M151.1M38.0M5.1B49.2M
Liabilities
Current Liabilities67.7M24.2M38.6M405.0M87.7M
Non-Current Liabilities303.6M98.7M36.0M176.0M304.7M
Total Liabilities371.3M123.0M74.6M581.0M392.4M
Equity
Total Shareholders Equity182.7M28.2M-36.6M-328.1M-343.2M

Balance Sheet Composition

SoundHound AI Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income-350.7M-88.9M-116.7M-79.5M-74.4M
Operating Cash Flow-126.3M-77.0M-94.6M-74.6M-52.9M
Investing Activities
Capital Expenditures-640.0K-392.0K-1.3M-636.0K-2.2M
Investing Cash Flow-12.4M-392.0K-1.3M-636.0K11.4M
Financing Activities
Dividends Paid-----
Financing Cash Flow210.9M168.2M82.0M44.7M53.0M
Free Cash Flow-109.5M-68.7M-95.3M-66.8M-48.5M

Cash Flow Trend

SoundHound AI Key Financial Ratios

Valuation Ratios

Forward P/E -47.45
Price to Book 9.60
Price to Sales 37.29
PEG Ratio -47.45

Profitability Ratios

Profit Margin -183.65%
Operating Margin -162.39%
Return on Equity -67.96%
Return on Assets -19.27%

Financial Health

Current Ratio 4.92
Debt to Equity 1.17
Beta 2.87

Per Share Data

EPS (TTM) -$0.61
Book Value per Share $0.99
Revenue per Share $0.28

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
soun3.8B-9.60-67.96%-183.65%1.17
Salesforce 251.8B41.224.1610.31%16.08%19.81
Intuit 211.8B61.8210.5317.84%19.07%0.35
Qxo 14.1B21.672.191.44%65.40%0.01
Descartes Systems 8.7B61.075.9510.66%21.67%0.55
Altair Engineering 9.6B699.0611.171.81%2.13%30.23

Financial data is updated regularly. All figures are in the company's reporting currency.