SOUNSOUNDHOUND AI, INC.
Services-Prepackaged Software
- Revenue
- $169M
- 99% YoY
- Operating margin
- -13.8%
- 97% YoY
- EBITDA
- −$22M
- 93% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$203M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired48% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear18% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $21M | $31M | $46M | $85M | $169M | 99% |
| Operating income | −$65M | −$106M | −$69M | −$341M | −$23M | 93% |
| Net income | −$80M | −$117K | −$89K | −$351K | −$14K | 96% |
| Operating cash flow | −$66M | −$94M | −$68M | −$109M | −$98M | 9.8% |
| Capex | $636K | $1M | $392K | $640K | $902K | 41% |
| Stock-based comp | $6M | $29M | $28M | $33M | $81M | 143% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $2M · 5
- Net
- −$2M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $9M | −$14M | 133 | 142 |
| FY2024 | $8M | $55M | 265 | 41 |
| FY2023 | $2M | $2M | 28 | 57 |
| FY2022 | $11M | $4M | 24 | 58 |