Soundhound Ai Stock Net Income

SOUNW Stock  USD 2.70  0.38  16.38%   
SoundHound AI fundamentals help investors to digest information that contributes to SoundHound's financial success or failures. It also enables traders to predict the movement of SoundHound Stock. The fundamental analysis module provides a way to measure SoundHound's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SoundHound stock.
Last ReportedProjected for Next Year
Net Loss-88.9 M-93.4 M
Net Loss-100.5 M-105.5 M
Net Loss(0.39)(0.41)
Net Income Per E B T 1.05  0.82 
Net Loss is likely to drop to about (93.4 M) in 2024. Net Loss is likely to drop to about (105.5 M) in 2024.
  
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SoundHound AI Company Net Income Analysis

SoundHound's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current SoundHound Net Income

    
  (88.94 M)  
Most of SoundHound's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SoundHound AI is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SoundHound Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for SoundHound is extremely important. It helps to project a fair market value of SoundHound Stock properly, considering its historical fundamentals such as Net Income. Since SoundHound's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SoundHound's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SoundHound's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

SoundHound Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

188,055

At this time, SoundHound's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, SoundHound AI reported net income of (88.94 Million). This is 116.5% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The net income for all United States stocks is 115.58% higher than that of the company.

SoundHound Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SoundHound's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SoundHound could also be used in its relative valuation, which is a method of valuing SoundHound by comparing valuation metrics of similar companies.
SoundHound is currently under evaluation in net income category among its peers.

SoundHound ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SoundHound's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SoundHound's managers, analysts, and investors.
Environmental
Governance
Social

SoundHound Fundamentals

About SoundHound Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SoundHound AI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SoundHound using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SoundHound AI based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for SoundHound Stock Analysis

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.