Soundhound Ai Stock Gross Profit

SOUN Stock  USD 5.30  0.22  3.99%   
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
Gross Profit34.6 M17.8 M
Gross Profit Margin 0.75  0.50 
As of the 15th of May 2024, Gross Profit is likely to drop to about 17.8 M. In addition to that, Gross Profit Margin is likely to drop to 0.50.
  
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SoundHound AI Company Gross Profit Analysis

SoundHound's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current SoundHound Gross Profit

    
  21.53 M  
Most of SoundHound's fundamental indicators, such as Gross Profit, 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 Gross Profit 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 Gross Profit. 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.
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SoundHound Gross Profit Historical Pattern

Today, most investors in SoundHound Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SoundHound's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SoundHound gross profit as a starting point in their analysis.
   SoundHound Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, SoundHound AI reported 21.53 M of gross profit. This is 99.98% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The gross profit for all United States stocks is 99.92% higher than that of the company.

SoundHound Gross Profit 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 Gross Profit 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 gross profit category among related companies.

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.

Currently Active Assets on Macroaxis

When determining whether SoundHound AI is a strong investment it is important to analyze SoundHound's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SoundHound's future performance. For an informed investment choice regarding SoundHound Stock, refer to the following important reports:
Check out SoundHound Piotroski F Score and SoundHound Altman Z Score analysis.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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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Is SoundHound's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SoundHound listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.40)
Revenue Per Share
0.203
Quarterly Revenue Growth
0.729
Return On Assets
(0.23)
Return On Equity
(1.20)
The market value of SoundHound AI is measured differently than its book value, which is the value of SoundHound that is recorded on the company's balance sheet. Investors also form their own opinion of SoundHound's value that differs from its market value or its book value, called intrinsic value, which is SoundHound's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SoundHound's market value can be influenced by many factors that don't directly affect SoundHound's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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.