SOUN Q4 2023 Earnings — SoundHound AI, Inc. Revenue & Financial Results | Market Cap Arena

SOUNSoundHound AI, Inc.

$3B

Q4 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$17M+80.5% YoY

Gross Profit

$13M77.2% margin

Operating Income

-$12M-72.3% margin

Net Income

-$18M-105.0% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+29.2%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$14M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$151M

Total Liabilities

$123M

Stockholders' Equity

$28M

Cash & Equivalents

$95M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$10M	+80.5%
Gross Profit	$13M	$7M	+96.2%
Operating Income	-$12M	-$29M	+56.9%
Net Income	-$18M	-$31M	+41.3%

Revenue Segments

Licensing

$10M58%

Hosted Services

$6M33%

Professional Service

$1M8%

Geographic Segments

GSX KOREA

$9M51%

UNITED STATES

$4M26%

FRANCE

$2M9%

Other Countries

$1M7%

JAPAN

$926,0005%

GERMANY

$153,0001%