SoundHound Financial Statements From 2010 to 2026
| SOUN Stock | USD 8.46 0.62 6.83% |
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 23.9236 | Revenue |
SoundHound Total Revenue |
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Check SoundHound financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SoundHound's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.5 M, Interest Expense of 8.5 M or Selling General Administrative of 64.3 M, as well as many indicators such as Price To Sales Ratio of 74.93, Dividend Yield of 0.0 or PTB Ratio of 34.74. SoundHound financial statements analysis is a perfect complement when working with SoundHound Valuation or Volatility modules.
SoundHound | Select Account or Indicator | Build AI portfolio with SoundHound Stock |
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SoundHound Fundamental Market Drivers
| Forward Price Earnings | 227.2727 | |
| Cash And Short Term Investments | 198.2 M |
SoundHound Upcoming Events
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
About SoundHound Financial Statements
SoundHound investors utilize fundamental indicators, such as revenue or net income, to predict how SoundHound Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 27.5 M | 28.8 M | |
| Total Revenue | 97.4 M | 102.3 M | |
| Cost Of Revenue | 49.8 M | 52.3 M | |
| Stock Based Compensation To Revenue | 0.35 | 0.42 | |
| Sales General And Administrative To Revenue | 0.72 | 1.10 | |
| Research And Ddevelopement To Revenue | 0.96 | 0.91 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 0.29 | 0.40 | |
| Ebit Per Revenue | (3.63) | (3.81) |
Pair Trading with SoundHound
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SoundHound position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SoundHound will appreciate offsetting losses from the drop in the long position's value.Moving together with SoundHound Stock
Moving against SoundHound Stock
| 0.83 | DAY | Dayforce | PairCorr |
| 0.78 | MGIC | Magic Software Enter | PairCorr |
| 0.48 | CTLP | Cantaloupe Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to SoundHound could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SoundHound when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SoundHound - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SoundHound AI to buy it.
The correlation of SoundHound is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SoundHound moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SoundHound AI moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SoundHound can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of SoundHound Correlation against competitors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Will Application Software sector continue expanding? Could SoundHound diversify its offerings? Factors like these will boost the valuation of SoundHound. If investors know SoundHound will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every SoundHound data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.84) | Revenue Per Share | Quarterly Revenue Growth 0.676 | Return On Assets | Return On Equity |
SoundHound AI's market price often diverges from its book value, the accounting figure shown on SoundHound's balance sheet. Smart investors calculate SoundHound's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since SoundHound's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between SoundHound's value and its price as these two are different measures arrived at by different means. Investors typically determine if SoundHound is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoundHound's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.