SSTI (SoundThinking, Inc.) Stock Financials & Earnings | Market Cap Arena

SSTI (SoundThinking, Inc.) Stock Financials & Earnings | Market Cap Arena

SSTISoundThinking, Inc.

Mkt Cap$89M

Technology·Software - Application·🇺🇸 United States·NASDAQ

Revenue (TTM)$104M

Net Income (TTM)-$9M

EPS (TTM)-$0.73

Free Cash Flow (TTM)-$1M

Gross Margin54.4%

Op. Margin-8.2%

Net Margin-9.0%

FCF Margin-1.0%

P/S Ratio (TTM)0.9x

P/E Ratio (TTM)—

YoY Rev Growth+2.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$21M	$11M	-$2M
Q2 23	$22M	$13M	-$2M
Q3 23	$24M	$14M	-$1M
Q4 23	$26M	$15M	$4M
Q1 24	$25M	$15M	-$3M
Q2 24	$27M	$16M	-$491K
Q3 24	$26M	$15M	-$1M
Q4 24	$23M	$12M	-$4M
Q1 25	$28M	$17M	-$1M
Q2 25	$26M	$14M	-$3M
Q3 25	$25M	$14M	-$2M
Q4 25	$25M	$13M	-$2M

Valuation

Quarter	P/S	P/E
Q1 23	1.1x	21.2x
Q2 23	1.1x	—
Q3 23	1.0x	—
Q4 23	1.0x	—
Q1 24	0.9x	—
Q2 24	0.9x	—
Q3 24	0.9x	—
Q4 24	0.9x	—
Q1 25	0.9x	—
Q2 25	0.9x	—
Q3 25	0.9x	—
Q4 25	0.9x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$2M	$244K
Q1 23	-$1M	-$3M
Q2 23	$3M	$797K
Q3 23	$9M	$8M
Q4 23	$316K	-$384K
Q1 24	$5M	$3M
Q2 24	$4M	$3M
Q3 24	$14M	$12M
Q4 24	-$859K	-$2M
Q1 25	-$141K	-$1M
Q2 25	-$1M	-$3M
Q3 25	$6M	$5M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$2M
Q1 23	$2M
Q2 23	$2M
Q3 23	$1M
Q4 23	$700K
Q1 24	$2M
Q2 24	$2M
Q3 24	$1M
Q4 24	$1M
Q1 25	$910K
Q2 25	$1M
Q3 25	$1M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-2.8%	+7.9%
Q2 23	+10.3%	+45.3%
Q3 23	+27.7%	+73.2%
Q4 23	+24.0%	+3.3%
Q1 24	+23.2%	+25.0%
Q2 24	+22.1%	+12.4%
Q3 24	+9.5%	+7.2%
Q4 24	-10.1%	+25.7%
Q1 25	+11.6%	+5.5%
Q2 25	-4.0%	+5.0%
Q3 25	-4.4%	-0.5%
Q4 25	+5.9%	-0.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$2M	10.2%
Q1 23	$2M	10.8%
Q2 23	$2M	11.2%
Q3 23	$3M	10.7%
Q4 23	$3M	10.4%
Q1 24	$3M	11.5%
Q2 24	$3M	11.7%
Q3 24	$3M	11.6%
Q4 24	$3M	12.8%
Q1 25	$3M	12.0%
Q2 25	$4M	14.8%
Q3 25	$3M	12.2%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$3M	$5M	$6M
Q2 23	$3M	$6M	$7M
Q3 23	$3M	$6M	$6M
Q4 23	$3M	$5M	$7M
Q1 24	$4M	$7M	$7M
Q2 24	$3M	$6M	$7M
Q3 24	$3M	$6M	$7M
Q4 24	$3M	$6M	$7M
Q1 25	$4M	$6M	$7M
Q2 25	$4M	$6M	$7M
Q3 25	$4M	$6M	$6M
Q4 25	$4M	$4M	$7M

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	-2.8%	3.0%	0.2
Q2 23	10.3%	-0.9%	9.4
Q3 23	27.7%	4.5%	32.2
Q4 23	24.0%	9.1%	33.1
Q1 24	23.2%	-0.5%	22.7
Q2 24	22.1%	7.6%	29.8
Q3 24	9.5%	5.8%	15.3
Q4 24	-10.1%	-5.6%	-15.7
Q1 25	11.6%	3.9%	15.4
Q2 25	-4.0%	-2.0%	-6.0
Q3 25	-4.4%	1.0%	-3.3
Q4 25	5.9%	-9.4%	-3.5

Revenue Segments

Quarter	Professional software development services member	Subscription, maintenance and support services Member
Q1 23	$1M	$20M
Q2 23	$1M	$21M
Q3 23	$2M	$23M
Q4 23	$1M	$25M
Q1 24	$100K	$25M
Q2 24	$1M	$26M
Q3 24	$700K	$26M
Q4 24	$1M	$22M
Q1 25	—	$28M
Q2 25	$300K	$26M
Q3 25	$200K	$25M

Revenue by Geography

Quarter	South Africa	United States	Uruguay	South America
Q1 23	$400K	$20M	—	—
Q2 23	$500K	$22M	—	—
Q3 23	$500K	$24M	—	—
Q4 23	$500K	$26M	—	—
Q1 24	$600K	$25M	$600K	—
Q2 24	$700K	$26M	$700K	—
Q3 24	$300K	$26M	$300K	—
Q4 24	$1M	$22M	$1M	—
Q1 25	$800K	$28M	—	$800K
Q2 25	$700K	$25M	—	$700K
Q3 25	$800K	$24M	—	$800K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$5M	$0	$5M
Q2 23	$4M	$0	$4M
Q3 23	$6M	$202K	$6M
Q4 23	$6M	$0	$6M
Q1 24	$9M	$0	$9M
Q2 24	$10M	$0	$10M
Q3 24	$15M	$0	$15M
Q4 24	$13M	$0	$13M
Q1 25	$12M	$0	$12M
Q2 25	$9M	$0	$9M
Q3 25	$12M	$0	$12M
Q4 25	$16M	$0	$16M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	12M	+0.3%
Q2 23	12M	-0.2%
Q3 23	12M	+2.1%
Q4 23	13M	+3.0%
Q1 24	13M	-0.7%
Q2 24	13M	+0.2%
Q3 24	13M	-0.8%
Q4 24	13M	-0.8%
Q1 25	13M	+0.5%
Q2 25	13M	+0.3%
Q3 25	13M	+0.2%
Q4 25	13M	+0.3%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 15	—	—
FY 16	—	—
FY 17	$1M	17
FY 18	$2M	18
FY 19	$2M	20
FY 20	$291K	157
FY 21	$348K	167
FY 22	$1M	56
FY 23	$297K	312
FY 24	$323K	316
FY 25	$330K	316