SOUN - SoundHound AI, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$12.50
DETAILS
HIGH:
$15.00
LOW:
$11.00
MEDIAN:
$12.00
CONSENSUS:
$12.50
UPSIDE:
53.00%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 168.9 | 84.7 | 45.9 | 31.1 | 21.2 | 13.0 | 7.7 |
| Cost of Revenue | 97.4 | 43.3 | 11.3 | 9.6 | 6.6 | 5.9 | 4.5 |
| Gross Profit | 71.6 | 41.4 | 34.6 | 21.5 | 14.6 | 7.2 | 3.2 |
| Operating Expenses | |||||||
| R&D Expenses | 98.2 | 70.6 | 51.4 | 76.4 | 59.2 | 54.3 | 47.8 |
| SG&A Expenses | 143.8 | 82.4 | 47.2 | 50.8 | 20.8 | 18.9 | 20.0 |
| Other Expenses | (147.3) | 229.8 | 4.6 | 0 | 0 | 0 | 0 |
| Operating Expenses | 94.8 | 382.7 | 103.2 | 127.2 | 79.9 | 73.2 | 67.7 |
| Operating Income | |||||||
| Operating Income | (23.3) | (341.4) | (68.6) | (105.7) | (65.3) | (66.0) | (64.6) |
| Interest Expense | 0.7 | 12.2 | 16.7 | 6.9 | 8.3 | 2.3 | 0 |
| Interest Income | 0 | 8.4 | 2.9 | 0.4 | 0.0 | 0.2 | 0.9 |
| Profitability | |||||||
| EBITDA | 25.5 | (329.1) | (62.6) | (99.7) | (61.7) | (65.4) | (59.9) |
| EBIT | (8.6) | (347.8) | (68.3) | (106.9) | (70.7) | (71.4) | (64.6) |
| Income Before Tax | (9.3) | (359.9) | (85.0) | (113.8) | (79.1) | (73.7) | (64.2) |
| Income Tax Expense | 4.7 | (9.2) | 3.9 | 2.9 | 0.5 | 0.7 | 0.3 |
| Net Income | (14.0) | (350.7) | (88.9) | (116.7) | (79.5) | (74.4) | (64.5) |
| Per Share Data | |||||||
| EPS (Basic) | -0.03 | -1.04 | -0.40 | -0.74 | -0.40 | -4.44 | -5.56 |
| EPS (Diluted) | -0.03 | -1.04 | -0.40 | -0.74 | -0.40 | -4.44 | -5.56 |
| Shares Outstanding | 405.4 | 338.5 | 229.3 | 157.3 | 200.0 | 17.5 | 11.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 248.5 | 198.2 | 95.3 | 9.2 | 21.6 | 43.7 | 24.6 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 13.6 |
| Net Receivables | 62.2 | 49.8 | 15.8 | 5.1 | 2.1 | 3.6 | 5.7 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 18.4 | 7.5 | 1.5 | 0.9 | 2.5 | 0.2 | 0.2 |
| Total Current Assets | 329.1 | 255.5 | 113.5 | 17.7 | 27.5 | 48.9 | 45.3 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 6.7 | 5.9 | 6.7 | 11.6 | 16.4 | 10.4 | 7.1 |
| Goodwill | 122.3 | 101.7 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 181.4 | 174.9 | 0 | 0 | 0 | 8.3 | 7.0 |
| Long-Term Investments | 0 | 13.6 | 0 | 0 | 0 | (8.3) | 0 |
| Other Non-Current Assets | 48.6 | 2.3 | 30.8 | 8.7 | 3.1 | 2.0 | 4.8 |
| Total Non-Current Assets | 359.0 | 298.4 | 37.6 | 20.3 | 21.7 | 14.7 | 18.9 |
| Total Assets | 688.2 | 554.0 | 151.1 | 38.0 | 49.2 | 63.6 | 64.2 |
| Current Liabilities | |||||||
| Account Payables | 10.6 | 5.6 | 1.7 | 2.8 | 3.8 | 3.3 | 2.2 |
| Short-Term Debt | 2.1 | 0 | 0 | 16.7 | 59.8 | 0 | 0 |
| Deferred Revenue | 24.0 | 23.9 | 4.3 | 5.8 | 6.0 | 12.1 | 0 |
| Other Current Liabilities | 35.0 | 25.5 | 7.0 | 6.1 | 7.3 | 3.4 | 10.8 |
| Total Current Liabilities | 71.7 | 67.7 | 24.2 | 38.6 | 87.7 | 24.5 | 21.0 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 2.1 | 0 | 84.3 | 18.3 | 0 | 13.1 | 0 |
| Deferred Tax Liabilities | 1.4 | 0 | 0 | 0 | 0 | 279.6 | 0 |
| Other Non-Current Liabilities | 149.2 | 294.3 | 6.4 | 4.4 | 280.8 | 2.4 | 19.7 |
| Total Non-Current Liabilities | 152.6 | 303.6 | 98.7 | 36.0 | 304.7 | 315.5 | 23.0 |
| Total Liabilities | 224.4 | 371.3 | 123.0 | 74.6 | 392.4 | 340.0 | 44.0 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (957.1) | (943.1) | (592.4) | (503.4) | (386.7) | (307.2) | (232.8) |
| Accumulated Other Comprehensive Income | 0.1 | 0.2 | 0.2 | 0 | 0 | (0.0) | (0.0) |
| Total Stockholders' Equity | 463.8 | 182.7 | 28.2 | (36.6) | (343.2) | (276.4) | 20.1 |
| Total Liabilities & Equity | 688.2 | 554.0 | 151.1 | 38.0 | 49.2 | 63.6 | 64.2 |
| Debt Metrics | |||||||
| Total Debt | 4.2 | 4.3 | 90.2 | 44.1 | 73.3 | 16.6 | 6.3 |
| Net Debt | (244.3) | (193.9) | (5.1) | 34.9 | 51.7 | (27.1) | (18.3) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (14.0) | (350.7) | (88.9) | (115.4) | (79.5) | (74.4) | (64.5) |
| Depreciation & Amortization | 34.1 | 20.3 | 2.3 | 7.2 | 9.1 | 6.0 | 4.7 |
| Stock-Based Compensation | 0 | 33.1 | 27.9 | 28.8 | 6.3 | 5.9 | 3.3 |
| Change in Working Capital | 0 | (37.1) | (21.3) | (19.7) | (11.8) | 11.8 | 3.2 |
| Other Non-Cash Items | (118.3) | 237.7 | 11.7 | 2.9 | 9.7 | 6.7 | 10.6 |
| Operating Cash Flow | (98.2) | (108.9) | (68.3) | (94.0) | (66.2) | (46.3) | (46.0) |
| Investing Activities | |||||||
| Capital Expenditure | 98.2 | (0.6) | (0.4) | (1.3) | (0.6) | (2.2) | (5.1) |
| Acquisitions | (54.6) | (11.7) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 13.6 | 0 |
| Other Investing Activities | (4) | 0 | 0 | 0 | 0 | 0 | 13.4 |
| Investing Cash Flow | (59.5) | (12.4) | (0.4) | (1.3) | (0.6) | 11.4 | 8.3 |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | (215.5) | 49.9 | (12.8) | 42.2 | 37 | (2.5) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 208.1 | (10.6) | 0 | 90.7 | 0 | 0.5 | 0.2 |
| Financing Cash Flow | 208.1 | 210.9 | 168.2 | 82.0 | 44.7 | 53.5 | (2.3) |
| Cash Position | |||||||
| Net Change in Cash | 49.8 | 89.9 | 99.6 | (13.3) | (22.2) | 18.6 | 26.4 |
| Cash at Beginning | 198.2 | 109.0 | 9.5 | 22.8 | 45.0 | 26.4 | 0 |
| Cash at End | 248 | 198.9 | 109.0 | 9.5 | 22.8 | 45.0 | 26.4 |
| Free Cash Flow | 0 | (109.5) | (68.7) | (95.3) | (66.8) | (48.5) | (51.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 168.9 | 84.7 | 45.9 | 31.1 | 21.2 | 13.0 | 7.7 |
| Gross Profit | 71.6 | 41.4 | 34.6 | 21.5 | 14.6 | 7.2 | 3.2 |
| Operating Income | (23.3) | (341.4) | (68.6) | (105.7) | (65.3) | (66.0) | (64.6) |
| Net Income | (14.0) | (350.7) | (88.9) | (116.7) | (79.5) | (74.4) | (64.5) |
| EPS (Diluted) | -0.03 | -1.04 | -0.40 | -0.74 | -0.40 | -4.44 | -5.56 |
| Balance Sheet | |||||||
| Cash & Equivalents | 248.5 | 198.2 | 95.3 | 9.2 | 21.6 | 43.7 | 24.6 |
| Total Assets | 688.2 | 554.0 | 151.1 | 38.0 | 49.2 | 63.6 | 64.2 |
| Total Debt | 4.2 | 4.3 | 90.2 | 44.1 | 73.3 | 16.6 | 6.3 |
| Stockholders' Equity | 463.8 | 182.7 | 28.2 | (36.6) | (343.2) | (276.4) | 20.1 |
| Cash Flow | |||||||
| Operating Cash Flow | (98.2) | (108.9) | (68.3) | (94.0) | (66.2) | (46.3) | (46.0) |
| Capital Expenditure | 98.2 | (0.6) | (0.4) | (1.3) | (0.6) | (2.2) | (5.1) |
| Free Cash Flow | 0 | (109.5) | (68.7) | (95.3) | (66.8) | (48.5) | (51.1) |