Soundhound Ai, Inc. Income Statement

Income Statement Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 21.20M31.13M45.87M84.69M
Cost of Revenue 6.58M20.37M18.89M43.31M
Gross Profit 14.61M10.76M26.98M41.38M
Operating items
Amortization - Intangibles 7.12M
Research & Development 59.18M76.39M51.44M70.56M
Selling, General & Administrative 16.52M30.44M28.29M53.27M
Restructuring Costs 4.60M
Other Operating Expenses -5.42M-1.26M1.16M302.22M
Operating Expenses 86.52M136.80M114.48M426.05M
Operating Income -65.33M-105.67M-68.61M-341.35M
EBIT -65.33M-105.67M-68.61M-341.35M
Non-operating items
Other Non Operating Income -13.76M-1.26M1.16M-15.63M
Non Operating Income -13.76M-8.15M-16.41M-18.57M
Net income details
EBT -79.08M-113.82M-85.02M-359.93M
Tax Provisions 0.50M2.90M3.91M-9.25M
Profit After Tax -79.54M-116.71M-88.94M-350.70M
Income from Continuing Operations -79.58M-116.72M-88.94M-350.68M
Consolidated Net Income -79.58M-116.72M-88.94M-350.68M
Income towards Parent Company -79.58M-116.72M-88.94M-350.68M
Preferred Dividend Payments 2.77M0.42M
Net Income towards Common Stockholders -79.54M-116.71M-91.71M-351.10M
Additional items
EPS (Basic) -1.18-0.74-0.40-1.04
EPS (Weighted Average and Diluted) -1.18-0.74-0.40-1.04
Shares Outstanding (Weighted Average) 17.46M197.91M246.92M369.75M
Shares Outstanding (Diluted Average) 67.26M157.32M229.26M338.46M
EBITDA -79.54M-116.71M-88.74M-350.68M
Interest Expenses 8.34M6.89M16.73M12.17M
Tax Rate 2.57%