SOUN FY 2023 Earnings — Income Statement Breakdown
For its FY 2023 period (ending 2023-12-31), SOUN reported revenue of $46M, gross profit of $35M (75.4% gross margin), operating income of −$69M, and net income of −$89M (-193.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SOUN reported a net loss; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
SOUN FY 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $46M | 100% |
| Cost of Revenue | −$11M | 24.6% |
| Gross Profit | $35M | 75.4% |
| Research & Development | −$51M | 112.1% |
| Selling, General & Administrative | −$47M | 102.8% |
| Other Operating Expenses | −$5M | 9.9% |
| Operating Income | −$69M | -149.6% |
| Other Income, net | −$16M | 35.8% |
| Income Tax Expense | −$4M | 8.5% |
| Net Income | −$89M | -193.9% |
Source: original SEC filing (filed 2024-02-29). Accession 0001213900-24-018500. Data normalized by EarningsFyi.