SoundHound AI
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. SoundHound AI's past years’ income statements indicate that its last revenue has increased compared to the previous period by 47% to $45,873,000. The net income raised on -$88,937,000 and profit margin reached -194%. Total operating expenses were $103,174,000.
Profit Margin
| 2019 | 7.67M | -64.46M | -839.74% |
|---|---|---|---|
| 2020 | 13.01M | -74.40M | -571.61% |
| 2021 | 21.19M | -79.54M | -375.24% |
| 2022 | 31.12M | -115.37M | -370.63% |
| 2023 | 45.87M | -88.93M | -193.88% |
SOUNW Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 45.87M | 31.12M | 21.19M | 13.01M | 7.67M |
Cost of revenue | 11.30M | 9.59M | 6.58M | 5.86M | 4.51M |
Gross profit | 34.56M | 21.53M | 14.61M | 7.15M | 3.16M |
Operating exp. | |||||
Research and development | 51.43M | 76.39M | 59.17M | 54.27M | 47.76M |
Selling and marketing | 18.89M | 20.36M | 4.24M | 4.73M | 5.39M |
Total operating expenses | 103.17M | 126.93M | 79.93M | 73.15M | 68.29M |
Operating income | -68.60M | -105.40M | -65.32M | -66.00M | -64.57M |
Other income (expenses), net | -16.41M | -7.07M | -13.75M | -7.66M | 360K |
Income before tax | -85.02M | -112.48M | -79.08M | -73.66M | -64.21M |
Income tax expense | 3.91M | 2.88M | 456K | 738K | 253K |
Net income | -88.93M | -115.37M | -79.54M | -74.40M | -64.46M |
Earnings per share | |||||
Basic EPS | -0.4 | -0.73 | -0.4 | -1.07 | -5.56 |
Diluted EPS | -0.4 | -0.73 | -0.4 | -1.07 | -5.56 |
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