Financial insights of SOND

MyFinsight

For the quarter ending 2025-06-30, SOND made $147,085K in revenue. -$51,388K in net income. Net profit margin of -34.94%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-06-30	2025-03-31	2024-06-30	2024-03-31
Revenue	147,085	118,856	164,601	133,479
Cost of revenue (excluding depreciation and amortization)	80,975	96,849	94,652	100,363
Operations and support	37,996	38,032	46,411	49,980
General and administrative	6,740	26,817	29,272	24,285
Research and development	3,863	3,938	4,393	4,671
Sales and marketing	17,707	15,322	21,572	19,249
Integration costs	2,143	1,539	-	-
Restructuring and other charges	4,541	0	-	2,592
Total costs and operating expenses	153,965	182,497	196,300	201,140
Change in fair value of earn out liability	-	-	-	16
Loss from operations	-6,880	-63,641	-31,699	-67,661
Interest expense, net	-1,648	-9,449	-8,016	-7,323
Lease adjustment gains, net	5,325	11,138	71,123	23,901
Change in fair value of spac warrants	-	-	64	-81
Loss on preferred stock issuance	43,842	-	-	-
Other income, net	2,342	6,174	1,640	686
Total non-operating expense (income), net	-37,823	7,863	64,683	17,361
Income (loss) before income taxes	-44,703	-55,778	32,984	-50,300
Provision (benefit) for income taxes	-180	717	237	187
Net income (loss)	-44,523	-56,495	32,747	-50,487
Change in foreign currency translation adjustment	-6,865	-3,199	1,395	-589
Comprehensive income (loss)	-51,388	-59,694	34,142	-51,076

Basic net loss per common share (in dollars per share)	-3.96	-4.85	2.94	-4.58
Diluted net loss per common share (in dollars per share)	-3.96	-4.85	2.94	-4.58
Weighted average basic common shares outstanding (in shares)	13,506,695	12,183,604	11,150,682	11,031,861
Weighted average diluted common shares outstanding (in shares)	13,506,695	12,183,604	11,150,682	11,031,861