SOUN Q4 2022 Earnings — SoundHound AI, Inc. Revenue & Financial Results | Market Cap Arena

SOUNSoundHound AI, Inc.

$3B

Q4 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$10M+84.4% YoY

Gross Profit

$7M71.0% margin

Operating Income

-$29M-302.6% margin

Net Income

-$31M-322.9% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-15.1%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$21M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$38M

Total Liabilities

$75M

Stockholders' Equity

-$37M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10M	$5M	+84.4%
Gross Profit	$7M	$3M	+95.9%
Operating Income	-$29M	-$19M	-51.0%
Net Income	-$31M	-$22M	-40.4%

Revenue Segments

Hosted Services

$5M54%

Licensing

$3M29%

Professional Service

$2M17%