NASDAQ : SSTI
SoundThinking, Inc. — Financial statements
Technology · Software - Application · United States
Last price 8.37 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 110.18M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
SoundThinking, Inc. (SSTI) reported revenue of 97.96M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 97.96M | 104.13M | 102.03M | 92.72M | 81.00M | 58.16M |
| Cost of Revenue | 48.01M | 47.05M | 43.54M | 39.87M | 34.22M | 25.61M |
| Gross Profit | 49.95M | 57.07M | 58.49M | 52.84M | 46.78M | 32.54M |
| Selling, General & Admin | 47.96M | 49.31M | 52.03M | 47.52M | 38.17M | 28.22M |
| Research & Development | 16.45M | 15.87M | 13.93M | 12.14M | 10.03M | 7.04M |
| Operating Expenses | 64.41M | 65.17M | 65.96M | 59.65M | 48.19M | 35.26M |
| Operating Income | -14.46M | -8.10M | -7.47M | -6.81M | -1.41M | -2.71M |
| Interest Expense | -19.00K | -154.00K | -48.00K | |||
| Interest & Investment Income | 41.00K | 45.00K | 38.00K | |||
| Other Non Operating Income (Expenses) | -529.00K | -556.00K | -393.00K | -227.00K | -240.00K | -344.00K |
| EBT Excluding Unusual Items | -14.95M | -8.68M | -8.02M | -7.09M | -1.60M | -3.02M |
| Merger & Restructuring Charges | -732.00K | -197.00K | -336.00K | |||
| Asset Writedown | -901.00K | -434.00K | -605.00K | -114.00K | -25.00K | |
| Other Unusual Items | 554.00K | 5.69M | 9.15M | -1.33M | ||
| Pretax Income | -16.58M | -9.31M | -8.40M | -1.51M | 7.55M | -4.38M |
| Income Tax Expense | -11.00K | 113.00K | 778.00K | 1.20M | 1.17M | 56.00K |
| Net Income | -16.57M | -9.42M | -9.18M | -2.72M | 6.38M | -4.43M |
| Net Income to Common | -16.57M | -9.42M | -9.18M | -2.72M | 6.38M | -4.43M |
| Shares Outstanding (Basic) | 12.85M | 12.72M | 12.71M | 12.43M | 12.17M | 11.65M |
| Shares Outstanding (Diluted) | 12.85M | 12.72M | 12.71M | 12.43M | 12.32M | 11.65M |
| EPS (Basic) | -1.29 | -0.74 | -0.72 | -0.22 | 0.52 | -0.38 |
| EPS (Diluted) | -1.29 | -0.74 | -0.72 | -0.22 | 0.52 | -0.38 |
| Free Cash Flow | -1.08M | 4.85M | 15.89M | 5.90M | 1.27M | 1.98M |
| Free Cash Flow Per Share | -0.08 | 0.38 | 1.25 | 0.47 | 0.10 | 0.17 |
| Gross Margin | 50.99% | 54.81% | 57.33% | 56.99% | 57.76% | 55.96% |
| Operating Margin | -14.76% | -7.78% | -7.32% | -7.35% | -1.74% | -4.67% |
| Profit Margin | -16.92% | -9.05% | -9.00% | -2.93% | 7.88% | -7.62% |
| Free Cash Flow Margin | -1.10% | 4.66% | 15.58% | 6.36% | 1.57% | 3.41% |
| EBITDA | -4.75M | 1.75M | 2.60M | 3.83M | 7.79M | 4.11M |
| EBITDA Margin | -4.85% | 1.68% | 2.55% | 4.13% | 9.62% | 7.07% |
| D&A For EBITDA | 9.71M | 9.85M | 10.07M | 10.64M | 9.20M | 6.83M |
| EBIT | -14.46M | -8.10M | -7.47M | -6.81M | -1.41M | -2.71M |
| EBIT Margin | -14.76% | -7.78% | -7.32% | -7.35% | -1.74% | -4.67% |
| Effective Tax Rate | 15.45% | |||||
| Advertising Expenses | 2.00M | 2.10M | 2.00M | 1.50M | 1.30M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 6.41M | 15.80M | 13.18M | 5.70M | 10.48M | 15.64M |
| Short-Term Investments | 73.00K | 335.00K | 581.00K | 406.00K | 363.00K | |
| Cash & Short-Term Investments | 6.48M | 16.13M | 13.76M | 6.11M | 10.84M | 15.64M |
| Receivables | 24.48M | 28.57M | 25.46M | 30.70M | 30.96M | 16.13M |
| Prepaid Expenses | 359.00K | 1.30M | 1.52M | 1.00M | 960.00K | 809.00K |
| Other Current Assets | 3.71M | 2.59M | 2.78M | 2.49M | 1.90M | 1.70M |
| Total Current Assets | 35.02M | 48.59M | 43.53M | 40.30M | 44.66M | 34.27M |
| Property, Plant & Equipment | 18.97M | 20.72M | 22.01M | 23.34M | 25.23M | 19.73M |
| Goodwill | 34.21M | 34.21M | 34.21M | 34.21M | 22.97M | 2.82M |
| Other Intangible Assets | 27.42M | 29.34M | 33.18M | 36.94M | 27.32M | 13.56M |
| Long-Term Deferred Charges | 2.03M | 2.40M | 3.15M | 3.21M | 2.55M | 1.72M |
| Other Long-Term Assets | 499.00K | 499.00K | 709.00K | 704.00K | 18.00K | 195.00K |
| Total Assets | 118.16M | 135.75M | 136.79M | 138.71M | 122.75M | 72.30M |
| Accounts Payable | 2.88M | 3.79M | 3.44M | 3.03M | 1.63M | 1.59M |
| Accrued Expenses | 5.31M | 7.55M | 8.53M | 7.01M | 6.67M | 5.96M |
| Short-Term Debt | 4.00M | 4.00M | 4.00M | 7.00M | ||
| Current Portion of Leases | 808.00K | 1.02M | 909.00K | 964.00K | 868.00K | 409.00K |
| Current Income Taxes Payable | 385.00K | 23.00K | ||||
| Current Unearned Revenue | 33.16M | 40.03M | 38.40M | 41.27M | 41.91M | 26.23M |
| Other Current Liabilities | 1.45M | 1.01M | 777.00K | 550.00K | 2.04M | 292.00K |
| Total Current Liabilities | 47.61M | 57.40M | 56.06M | 59.82M | 53.51M | 34.50M |
| Long-Term Leases | 703.00K | 976.00K | 1.14M | 1.54M | 2.55M | 2.01M |
| Long-Term Unearned Revenue | 2.88M | 3.85M | 5.83M | 812.00K | 1.81M | 474.00K |
| Long-Term Deferred Tax Liabilities | 1.42M | 1.36M | 1.36M | 1.23M | 685.00K | |
| Other Long-Term Liabilities | 554.00K | 3.25M | 1.50M | |||
| Total Liabilities | 52.61M | 63.58M | 64.39M | 63.95M | 61.80M | 38.49M |
| Common Stock | 65.00K | 64.00K | 64.00K | 64.00K | 62.00K | 58.00K |
| Additional Paid-In Capital | 191.27M | 186.12M | 177.02M | 170.14M | 153.57M | 132.78M |
| Retained Earnings | -125.47M | -113.72M | -104.30M | -95.12M | -92.40M | -98.78M |
| Comprehensive Income & Other | -309.00K | -289.00K | -388.00K | -328.00K | -290.00K | -238.00K |
| Total Common Equity | 65.55M | 72.17M | 72.40M | 74.76M | 60.95M | 33.81M |
| Shareholders' Equity | 65.55M | 72.17M | 72.40M | 74.76M | 60.95M | 33.81M |
| Total Liabilities & Equity | 118.16M | 135.75M | 136.79M | 138.71M | 122.75M | 72.30M |
| Total Debt | 5.51M | 6.00M | 6.05M | 9.51M | 3.42M | 2.42M |
| Net Cash (Debt) | 972.00K | 10.13M | 7.71M | -3.40M | 7.42M | 13.21M |
| Net Cash Per Share | 0.08 | 0.80 | 0.61 | -0.27 | 0.60 | 1.13 |
| Filing Date Shares Outstanding | 13.16M | 12.95M | 12.67M | 12.79M | 12.27M | 12.14M |
| Total Common Shares Outstanding | 13.16M | 12.83M | 12.63M | 12.76M | 12.24M | 11.70M |
| Working Capital | -12.59M | -8.81M | -12.53M | -19.51M | -8.84M | -228.00K |
| Book Value Per Share | 4.98 | 5.63 | 5.73 | 5.86 | 4.98 | 2.89 |
| Tangible Book Value | 3.92M | 8.62M | 5.00M | 3.61M | 10.66M | 17.43M |
| Tangible Book Value Per Share | 0.30 | 0.67 | 0.40 | 0.28 | 0.87 | 1.49 |
| Machinery | 60.01M | 57.67M | 54.69M | 47.79M | 38.16M | |
| Construction In Progress | 6.93M | 5.01M | 3.51M | 5.27M | 4.82M | |
| Leasehold Improvements | 992.00K | 907.00K | 979.00K | 934.00K | 30.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -16.57M | -9.42M | -9.18M | -2.72M | 6.38M | -4.43M |
| Depreciation & Amortization | 9.71M | 9.85M | 10.07M | 10.64M | 9.20M | 6.83M |
| Loss (Gain) From Sale of Assets | 24.00K | |||||
| Asset Writedown & Restructuring Costs | 902.00K | 435.00K | 605.00K | 114.00K | 25.00K | |
| Stock-Based Compensation | 9.12M | 11.45M | 12.13M | 9.98M | 8.28M | 5.87M |
| Provision & Write-off of Bad Debts | 429.00K | 599.00K | 176.00K | 99.00K | -74.00K | |
| Other Operating Activities | 38.00K | -2.00K | -419.00K | -5.14M | -8.47M | 1.33M |
| Change in Accounts Receivable | 5.79M | -3.73M | 5.06M | 619.00K | -14.53M | -3.21M |
| Change in Accounts Payable | -293.00K | -318.00K | 792.00K | 1.09M | -18.00K | 354.00K |
| Change in Unearned Revenue | -7.49M | -354.00K | 2.16M | -2.23M | 11.63M | 2.14M |
| Change in Other Net Operating Assets | 1.83M | 794.00K | 808.00K | -1.51M | -221.00K | 915.00K |
| Operating Cash Flow | 3.46M | 9.30M | 22.22M | 10.95M | 12.18M | 9.82M |
| Capital Expenditures | -4.54M | -4.45M | -6.33M | -5.05M | -10.91M | -7.84M |
| Cash Acquisitions | -10.99M | -4.62M | 15.00K | |||
| Sale (Purchase) of Intangibles | 5.00K | -8.00K | -105.00K | -437.00K | -6.00K | -59.00K |
| Investing Cash Flow | -4.54M | -4.46M | -6.43M | -16.48M | -15.54M | -7.88M |
| Short-Term Debt Issued | 7.00M | |||||
| Total Debt Issued | 7.00M | |||||
| Short-Term Debt Repaid | -3.00M | |||||
| Total Debt Repaid | -3.00M | |||||
| Net Debt Issued (Repaid) | -3.00M | 7.00M | ||||
| Issuance of Common Stock | 433.00K | 623.00K | 753.00K | 890.00K | 1.33M | 1.74M |
| Repurchase of Common Stock | -2.00M | -2.97M | -6.00M | -5.59M | -3.08M | -3.60M |
| Other Financing Activities | -1.50M | -403.00K | ||||
| Financing Cash Flow | -1.57M | -2.35M | -8.25M | 795.00K | -1.75M | -2.27M |
| Foreign Exchange Rate Adjustments | 99.00K | 120.00K | -61.00K | -37.00K | -53.00K | -79.00K |
| Net Cash Flow | -2.54M | 2.61M | 7.48M | -4.78M | -5.16M | -407.00K |
| Free Cash Flow | -1.08M | 4.85M | 15.89M | 5.90M | 1.27M | 1.98M |
| Free Cash Flow Margin | -1.10% | 4.66% | 15.58% | 6.36% | 1.57% | 3.41% |
| Free Cash Flow Per Share | -0.08 | 0.38 | 1.25 | 0.47 | 0.10 | 0.17 |
| Levered Free Cash Flow | 6.64M | 10.29M | 14.73M | 9.68M | 9.04M | 3.16M |
| Unlevered Free Cash Flow | 6.64M | 10.31M | 14.83M | 9.71M | 9.04M | 3.16M |
| Cash Interest Paid | 264.00K | 281.00K | 394.00K | 151.00K | ||
| Cash Income Tax Paid | 184.00K | 390.00K | 840.00K | 912.00K | ||
| Change in Working Capital | -164.00K | -3.60M | 8.82M | -2.02M | -3.14M | 199.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 109.52M | 101.97M | 164.41M | 324.88M | 412.59M | 344.67M |
| Enterprise Value | 108.55M | 95.47M | 155.23M | 328.63M | 406.02M | 332.06M |
| Last Close Price | 8.32 | 8.03 | 13.06 | 25.54 | 33.83 | 29.52 |
| PE Ratio | 64.62 | |||||
| Forward PE | 56.51 | 56.51 | 56.51 | 199.00 | 232.35 | |
| PS Ratio | 1.12 | 0.98 | 1.61 | 3.50 | 5.09 | 5.93 |
| PB Ratio | 1.67 | 1.41 | 2.27 | 4.35 | 6.77 | 10.19 |
| P/TBV Ratio | 27.93 | 11.82 | 32.85 | 90.09 | 38.72 | 19.77 |
| P/FCF Ratio | 21.01 | 10.35 | 55.08 | 325.13 | 173.90 | |
| P/OCF Ratio | 31.62 | 10.96 | 7.40 | 29.67 | 33.86 | 35.09 |
| PEG Ratio | 42.70 | 42.70 | 42.70 | 6.63 | 14.91 | |
| EV/Sales Ratio | 1.11 | 0.92 | 1.52 | 3.54 | 5.01 | 5.71 |
| EV/EBITDA Ratio | 54.65 | 59.70 | 85.87 | 52.11 | 80.73 | |
| EV/FCF Ratio | 19.67 | 9.77 | 55.72 | 319.95 | 167.54 | |
| Debt / Equity Ratio | 0.08 | 0.08 | 0.08 | 0.13 | 0.06 | 0.07 |
| Debt / EBITDA Ratio | 2.11 | 1.64 | 1.97 | 0.41 | 0.51 | |
| Debt / FCF Ratio | 1.24 | 0.38 | 1.61 | 2.70 | 1.22 | |
| Net Debt / Equity Ratio | -0.01 | -0.14 | -0.11 | 0.04 | -0.12 | -0.39 |
| Net Debt / EBITDA Ratio | 0.20 | -5.80 | -2.97 | 0.89 | -0.95 | -3.21 |
| Net Debt / FCF Ratio | 0.90 | -2.09 | -0.48 | 0.58 | -5.85 | -6.67 |
| Asset Turnover | 0.78 | 0.76 | 0.74 | 0.71 | 0.83 | 0.84 |
| Quick Ratio | 0.65 | 0.78 | 0.70 | 0.61 | 0.78 | 0.92 |
| Current Ratio | 0.74 | 0.85 | 0.78 | 0.67 | 0.83 | 0.99 |
| Return on Equity (ROE) | -23.66% | -13.03% | -12.48% | -4.01% | 13.48% | -13.01% |
| Return on Assets (ROA) | -7.15% | -3.72% | -3.39% | -3.26% | -0.90% | -2.45% |
| Return on Invested Capital (ROIC) | -23.39% | -12.78% | -10.46% | -10.35% | -3.21% | -13.63% |
| Return on Capital Employed (ROCE) | -20.50% | -10.30% | -9.30% | -8.60% | -2.00% | -7.20% |
| Earnings Yield | -15.50% | -9.24% | -5.58% | -0.84% | 1.55% | -1.29% |
| FCF Yield | -0.98% | 4.76% | 9.67% | 1.81% | 0.31% | 0.57% |
| Buyback Yield / Dilution | -1.49% | -0.06% | -2.30% | -0.87% | -5.75% | 0.70% |