SoundHound Historical Income Statement

SOUNW Stock

USD 7.46 0.85 10.23%

Historical analysis of SoundHound income statement accounts such as Gross Profit of 17.8 M, Other Operating Expenses of 107.7 M, Research Development of 63.6 M or Cost Of Revenue of 8.3 M can show how well SoundHound AI performed in making a profits. Evaluating SoundHound income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SoundHound's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining SoundHound AI latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SoundHound AI is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About SoundHound Income Statement Analysis

SoundHound AI Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SoundHound shareholders. The income statement also shows SoundHound investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

SoundHound Income Statement Chart

At this time, SoundHound's Depreciation And Amortization is fairly stable compared to the past year. Research Development is likely to climb to about 63.6 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 11.8 M in 2024.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Total Other Income Expense Net

Total Revenue

Total revenue comprises all receipts SoundHound AI generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of SoundHound AI minus its cost of goods sold. It is profit before SoundHound operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from SoundHound's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SoundHound AI current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Gross Profit	14.6M	21.5M	34.6M	17.8M
Total Revenue	21.2M	31.1M	45.9M	26.2M

Gross Profit Total Revenue

SoundHound income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Tax Provision	Net Interest Income	Interest Income	Interest Expense	Net Income From Continuing Ops	Reconciled Depreciation
Depreciation And Amortization		-0.42	-0.55	-0.27	-0.27	-0.29	0.21	0.05	0.09	0.18	-0.3	-0.28	0.11	-0.08	0.15	-0.45	-0.6	0.08	-0.51	-0.24	0.36	0.76
Selling General Administrative	-0.42		0.99	0.92	0.91	0.98	-0.78	-0.73	0.76	-0.78	0.95	0.97	-0.91	-0.72	-0.93	0.9	0.96	-0.78	0.68	0.81	-0.97	0.17
Selling And Marketing Expenses	-0.55	0.99		0.88	0.87	0.95	-0.78	-0.71	0.69	-0.78	0.92	0.94	-0.86	-0.62	-0.88	0.87	0.98	-0.69	0.66	0.76	-0.93	0.04
Total Revenue	-0.27	0.92	0.88		1.0	0.89	-0.53	-0.51	0.63	-0.55	0.99	0.87	-0.81	-0.89	-0.83	0.9	0.92	-0.89	0.77	0.96	-0.85	0.25
Gross Profit	-0.27	0.91	0.87	1.0		0.88	-0.51	-0.5	0.61	-0.53	0.99	0.86	-0.8	-0.89	-0.82	0.89	0.91	-0.9	0.77	0.96	-0.84	0.26
Other Operating Expenses	-0.29	0.98	0.95	0.89	0.88		-0.84	-0.82	0.87	-0.86	0.93	1.0	-0.98	-0.75	-0.98	0.88	0.9	-0.78	0.61	0.75	-0.98	0.26
Operating Income	0.21	-0.78	-0.78	-0.53	-0.51	-0.84		0.98	-0.88	1.0	-0.61	-0.87	0.89	0.34	0.87	-0.55	-0.63	0.36	-0.16	-0.29	0.81	-0.27
Ebit	0.05	-0.73	-0.71	-0.51	-0.5	-0.82	0.98		-0.91	0.99	-0.59	-0.84	0.89	0.38	0.87	-0.49	-0.56	0.35	-0.08	-0.27	0.76	-0.39
Research Development	0.09	0.76	0.69	0.63	0.61	0.87	-0.88	-0.91		-0.9	0.7	0.89	-0.96	-0.64	-0.95	0.66	0.59	-0.62	0.32	0.44	-0.85	0.47
Ebitda	0.18	-0.78	-0.78	-0.55	-0.53	-0.86	1.0	0.99	-0.9		-0.63	-0.88	0.91	0.38	0.89	-0.56	-0.64	0.38	-0.17	-0.31	0.81	-0.28
Cost Of Revenue	-0.3	0.95	0.92	0.99	0.99	0.93	-0.61	-0.59	0.7	-0.63		0.91	-0.86	-0.87	-0.88	0.93	0.94	-0.88	0.76	0.92	-0.9	0.22
Total Operating Expenses	-0.28	0.97	0.94	0.87	0.86	1.0	-0.87	-0.84	0.89	-0.88	0.91		-0.98	-0.72	-0.99	0.87	0.89	-0.76	0.59	0.72	-0.98	0.26
Income Before Tax	0.11	-0.91	-0.86	-0.81	-0.8	-0.98	0.89	0.89	-0.96	0.91	-0.86	-0.98		0.73	1.0	-0.8	-0.79	0.72	-0.49	-0.64	0.95	-0.37
Total Other Income Expense Net	-0.08	-0.72	-0.62	-0.89	-0.89	-0.75	0.34	0.38	-0.64	0.38	-0.87	-0.72	0.73		0.75	-0.82	-0.68	0.94	-0.74	-0.88	0.73	-0.39
Net Income	0.15	-0.93	-0.88	-0.83	-0.82	-0.98	0.87	0.87	-0.95	0.89	-0.88	-0.99	1.0	0.75		-0.83	-0.81	0.75	-0.53	-0.67	0.96	-0.34
Income Tax Expense	-0.45	0.9	0.87	0.9	0.89	0.88	-0.55	-0.49	0.66	-0.56	0.93	0.87	-0.8	-0.82	-0.83		0.92	-0.89	0.91	0.85	-0.92	-0.04
Tax Provision	-0.6	0.96	0.98	0.92	0.91	0.9	-0.63	-0.56	0.59	-0.64	0.94	0.89	-0.79	-0.68	-0.81	0.92		-0.75	0.78	0.84	-0.9	-0.05
Net Interest Income	0.08	-0.78	-0.69	-0.89	-0.9	-0.78	0.36	0.35	-0.62	0.38	-0.88	-0.76	0.72	0.94	0.75	-0.89	-0.75		-0.84	-0.93	0.8	-0.31
Interest Income	-0.51	0.68	0.66	0.77	0.77	0.61	-0.16	-0.08	0.32	-0.17	0.76	0.59	-0.49	-0.74	-0.53	0.91	0.78	-0.84		0.82	-0.7	-0.26
Interest Expense	-0.24	0.81	0.76	0.96	0.96	0.75	-0.29	-0.27	0.44	-0.31	0.92	0.72	-0.64	-0.88	-0.67	0.85	0.84	-0.93	0.82		-0.73	0.23
Net Income From Continuing Ops	0.36	-0.97	-0.93	-0.85	-0.84	-0.98	0.81	0.76	-0.85	0.81	-0.9	-0.98	0.95	0.73	0.96	-0.92	-0.9	0.8	-0.7	-0.73		-0.15
Reconciled Depreciation	0.76	0.17	0.04	0.25	0.26	0.26	-0.27	-0.39	0.47	-0.28	0.22	0.26	-0.37	-0.39	-0.34	-0.04	-0.05	-0.31	-0.26	0.23	-0.15

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SoundHound Account Relationship Matchups

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When running SoundHound's price analysis, check to measure SoundHound's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SoundHound is operating at the current time. Most of SoundHound's value examination focuses on studying past and present price action to predict the probability of SoundHound's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SoundHound's price. Additionally, you may evaluate how the addition of SoundHound to your portfolios can decrease your overall portfolio volatility.

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SoundHound Historical Income Statement

About SoundHound Income Statement Analysis

SoundHound Income Statement Chart

Total Revenue

Gross Profit

SoundHound income statement Correlations

SoundHound Account Relationship Matchups

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Gross Profit	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Other Operating Expenses
Ebitda	+ 1.0	Operating Income
Net Income	+ 1.0	Income Before Tax
Selling And Marketing Expenses	+ 0.99	Selling General Administrative
Cost Of Revenue	+ 0.99	Total Revenue

Net Income	- 0.99	Total Operating Expenses
Net Income From Continuing Ops	- 0.98	Total Operating Expenses
Income Before Tax	- 0.98	Total Operating Expenses
Net Income From Continuing Ops	- 0.98	Other Operating Expenses
Net Income	- 0.98	Other Operating Expenses
Income Before Tax	- 0.98	Other Operating Expenses