Name: SoundHound AI, Inc. (SOUN) Financial Statements
Creator: FinSpry

SoundHound AI Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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SoundHound AI, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	84.69	45.87	31.13	21.20	13.02
Cost of Revenue	43.31	11.31	9.60	6.59	5.86
Gross Profit	41.38	34.57	21.53	14.61	7.15
Operating Expenses
Research & Development	70.56	51.44	76.39	59.18	54.28
Selling, General & Administrative	82.40	47.18	50.81	20.76	18.88
Operating Expenses	382.74	98.62	127.20	79.94	73.16
Operating Income	-341.35	-64.05	-105.67	-65.33	-66.00
Other Income/Expense
Interest Income	8.37	2.87	0.39	0.01	0.17
Interest Expense	12.17	-16.73	-6.89	-8.34	-2.27
Other Income/Expense	-18.58	-1.21	-0.95	-4.92	-1.81
Income
Income Before Tax	-359.93	-85.02	-113.82	-79.08	-73.67
Income Tax Expense	-9.25	3.91	2.89	0.46	0.74
Net Income	-350.68	-88.94	-116.71	-79.54	-74.41
Net Income - Continuous Operations	-350.68	-88.94	-116.71	-79.54	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-329.09	-61.74	-101.64	-59.83	-59.97
EBIT	-359.92	-64.05	-105.67	-65.33	-66.00
Depreciation & Amortization	18.67	2.31	4.04	5.50	6.04
Earnings Per Share
Basic EPS	-1.00	-	-1.00	-1.00	-7.00
Diluted EPS	-1.00	-	-1.00	-1.00	-7.00
Basic Shares Outstanding	338.46	229.26	157.32	67.26	11.78
Diluted Shares Outstanding	338.46	229.26	157.32	67.26	11.78