Soundhound Ai, Inc. - Understand $soun stock

$SOUN Market Cap: $3.753 Billion

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Financial Snapshot

Revenue

$67.30M

TTM

Gross Margin

62.13%

TTM

Net Earnings

-$110.7M

TTM

Current Assets

$181.2M

Q3 2024

Current Liabilities

$70.18M

Q3 2024

Current Ratio

258.21%

Q3 2024

Total Assets

$499.7M

Q3 2024

Total Liabilities

$203.7M

Q3 2024

Book Value

$296.0M

Q3 2024

Cash

$135.6M

Q3 2024

P/E

-33.92

Nov 29, 2024 EST

Free Cash Flow

-$90.24M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019
Revenue	$45.87M	$31.13M	$0.00	$0.00	$7.677M
YoY Change	47.36%			-100.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019
Revenue	$45.87M	$31.13M	$0.00	$0.00	$7.677M
Cost Of Revenue	$11.31M	$9.599M	$6.585M	$5.863M	$4.515M
Gross Profit	$34.57M	$21.53M	$14.61M	$7.154M	$3.162M
Gross Profit Margin	75.35%	69.16%			41.19%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019
Selling, General & Admin	$47.18M	$50.55M	$20.76M	$18.88M	$19.97M
YoY Change	-6.66%	143.46%	9.97%	-5.45%
% of Gross Profit	136.49%	234.77%	142.08%	263.89%	631.47%
Research & Development	$51.44M	$76.39M	$59.18M	$54.28M	$47.77M
YoY Change	-32.66%	29.09%	9.03%	13.63%
% of Gross Profit	148.81%	354.82%	405.0%	758.72%	1510.72%
Depreciation & Amortization	$2.300M	$4.000M	$5.502M	$6.037M	$4.671M
YoY Change	-42.5%	-27.3%	-8.86%	29.24%
% of Gross Profit	6.65%	18.58%	37.65%	84.39%	147.72%
Operating Expenses	$98.62M	$126.9M	$1.015M	$720.00	$67.74M
YoY Change	-22.31%	12402.91%	140908.33%	-100.0%
Operating Profit	-$68.61M	-$105.4M	$13.60M	$7.153M	-$64.57M
YoY Change	-34.91%	-875.24%	90.08%	-111.08%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019
Interest Expense	$17.57M	$6.893M	$33.37K	-$3.907M	$919.0K
YoY Change	154.9%	20556.28%	-100.85%	-525.14%
% of Operating Profit			0.25%	-54.62%
Other Income/Expense, Net	-$16.42M	-$7.077M	-$502.0K	$17.00K	-$559.0K
YoY Change	131.95%	1309.76%	-3052.94%	-103.04%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019
Pretax Income	-$85.02M	-$112.5M	-$981.9K	-$720.00	-$64.21M
YoY Change	-24.41%	11355.98%	136272.22%	-100.0%
Income Tax	$3.914M	$2.889M		$738.0K	$253.0K
% Of Pretax Income
Net Earnings	-$88.94M	-$115.4M	-$981.9K	-$720.00	-$64.47M
YoY Change	-22.91%	11650.21%	136272.22%	-100.0%
Net Earnings / Revenue	-193.88%	-370.63%			-839.74%
Basic Earnings Per Share	-$0.40	-$0.73	-$1.18
Diluted Earnings Per Share	-$0.40	-$0.73	-$56.23K	-$54.55	-$328.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019
Cash & Short-Term Investments	$95.26M	$9.245M	$235.3K	$43.69M	$38.22M
YoY Change	930.39%	3829.03%	-99.46%	14.32%
Cash & Equivalents	$95.26M	$9.245M	$235.3K	$43.69M	$24.63M
Short-Term Investments					$13.59M
Other Short-Term Assets	$2.452M	$3.373M	$98.07K	$0.00	$1.390M
YoY Change	-27.31%	3339.38%		-100.0%
Inventory
Prepaid Expenses
Receivables	$15.83M	$5.085M	$2.060M	$3.575M	$5.667M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$113.5M	$17.70M	$333.4K	$0.00	$45.28M
YoY Change	541.37%	5210.48%		-100.0%
Property, Plant & Equipment	$6.725M	$11.57M	$16.45M	$10.44M	$14.05M
YoY Change	-41.86%	-29.67%	57.6%	-25.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments			$133.0M
YoY Change
Other Assets	$14.36M	$1.941M	$5.286M	$4.253M	$4.827M
YoY Change	639.98%	-63.28%	24.29%	-11.89%
Total Long-Term Assets	$37.58M	$20.55M	$133.0M	$0.00	$18.88M
YoY Change	82.89%	-84.55%		-100.0%
Total Assets	$151.1M	$38.25M	$133.3M	$0.00	$64.16M
YoY Change
Accounts Payable	$1.653M	$2.798M	$3.760M	$3.336M	$2.162M
YoY Change	-40.92%	-25.59%	12.71%	54.3%
Accrued Expenses	$16.52M	$10.74M	$247.9K	$3.411M	$5.053M
YoY Change	53.77%	4234.53%	-92.73%	-32.5%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$1.820K	$720.00	$0.00
YoY Change		-100.0%	152.78%
Long-Term Debt Due	$121.0K	$16.83M	$61.13M	$2.331M	$2.981M
YoY Change	-99.28%	-72.47%	2522.61%	-21.8%
Total Short-Term Liabilities	$24.22M	$37.50M	$497.2K	$720.00	$20.99M
YoY Change	-35.4%	7441.43%	68955.56%	-100.0%
Long-Term Debt	$84.31M	$18.43M	$0.00	$0.00	$3.345M
YoY Change	357.55%			-100.0%
Other Long-Term Liabilities	$14.42M	$17.55M	$247.5K	$27.47M	$23.03M
YoY Change	-17.85%	6991.83%	-99.1%	19.29%
Total Long-Term Liabilities	$98.73M	$35.98M	$0.00	$0.00	$26.37M
YoY Change	174.41%			-100.0%
Total Liabilities	$123.0M	$73.48M	$497.2K	$720.00	$47.37M
YoY Change	67.34%	14677.96%	68955.56%	-100.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	229.3M shares	157.3M shares	67.26M shares
Diluted Shares Outstanding	229.3M shares	157.3M shares	67.26M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.753 Billion

About SOUNDHOUND AI, INC.

SoundHound AI, Inc. engages in the development, owning, and commercialization of voice, sound, and natural language artificial intelligence technologies and related activities. The company is headquartered in Santa Clara, California and currently employs 260 full-time employees. The company went IPO on 2021-03-11. The Company’s technology applications enable humans to interact with the surrounding things in the same way they interact with each other: by speaking naturally to mobile phones, cars, televisions, music speakers, coffee machines, and other parts of the world. Its voice AI delivers speed and accuracy in numerous languages to product creators across automotive, TV, and IoT, and to customer service industries via AI-driven products, such as Smart Answering, Smart Ordering, and Dynamic Interaction, a real-time, multimodal customer service interface. Along with SoundHound Chat AI, a voice assistant with integrated Generative AI, it powers various products and services, and processes interactions each year for businesses. The company also provides edge, cloud and hybrid (Edge+Cloud) connectivity solutions.

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