CoverageForm 410-K10-Q8-K13D13G13F

SSTI · Soundthinking, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · SSTI

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$104.13M$102.03M$92.72M$81.00M$58.16M$45.73M
Cost of Revenue$47.49M$44.15M$39.99M$34.22M$25.64M$18.76M
Gross Profit$56.64M$57.88M$52.73M$46.78M$32.52M$26.98M
R&D$15.87M$13.93M$12.14M$10.03M$7.04M$5.61M
SG&A$23.21M$23.89M$20.56M$15.75M$14.07M$9.74M
Total Operating Expenses$65.37M$65.74M$53.97M$39.04M$36.59M$25.68M
D&A$5.99M$6.21M$6.70M$6.40M$5.80M$5.40M
Operating Income($8.73M)($7.86M)($1.24M)$7.75M($4.07M)$1.29M
Interest Expense------
Income Tax$113.0K$778.0K$1.20M$1.17M$56.0K($90.0K)
Net Income($9.42M)($9.18M)($2.72M)$6.38M($4.43M)$1.23M
EPS - Basic($0.74)($0.72)($0.22)$0.52($0.38)$0.11
EPS - Diluted($0.74)($0.72)($0.22)$0.52($0.38)$0.10

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$15.80M$13.18M$5.70M$10.48M$15.64M$16.04M
Accounts Receivable$23.46M$19.64M$24.57M$28.79M$16.17M$13.80M
Inventory------
Accounts Payable$3.79M$3.44M$3.03M$1.63M$1.59M$1.19M
Current Assets$48.59M$43.53M$40.30M$44.66M$34.27M$31.14M
Total Assets$135.75M$136.79M$138.71M$122.75M$72.30M$66.32M
Current Liabilities$57.40M$56.06M$59.82M$53.51M$34.50M$30.98M
Long-term Debt------
Total Liabilities$63.58M$64.39M$63.95M$61.80M$38.49M$32.02M
Stockholders' Equity$72.17M$72.40M$74.76M$60.95M$33.81M$34.30M
Retained Earnings($113.72M)($104.30M)($95.12M)($92.40M)($98.78M)($94.35M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$9.30M$22.22M$10.95M$12.18M$9.82M$11.21M
Investing Cash Flow($4.46M)($6.43M)($16.48M)($15.54M)($7.88M)($18.76M)
Financing Cash Flow($2.35M)($8.25M)$795.0K($1.75M)($2.27M)($956.0K)
CapEx$4.45M$6.33M$5.05M$10.91M$7.84M$4.06M
Free Cash Flow$4.85M$15.89M$5.90M$1.27M$1.98M$7.15M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin54.4%56.7%56.9%57.8%55.9%59.0%
Operating margin-8.4%-7.7%-1.3%9.6%-7.0%2.8%
EBITDA margin-2.6%-1.6%5.9%17.5%3.0%14.6%
Net margin-9.0%-9.0%-2.9%7.9%-7.6%2.7%
Free cash flow margin4.7%15.6%6.4%1.6%3.4%15.6%
FCF / Net income-0.52-1.73-2.170.20-0.455.84
R&D / Revenue15.2%13.6%13.1%12.4%12.1%12.3%
SG&A / Revenue22.3%23.4%22.2%19.4%24.2%21.3%
Effective tax rate---15.5%--7.9%
Return on assets-6.9%-6.7%-2.0%5.2%-6.1%1.8%
Return on equity-13.1%-12.7%-3.6%10.5%-13.1%3.6%
Return on invested capital------
Liquidity
Current ratio0.850.780.670.830.991.01
Quick ratio0.850.780.670.830.991.01
Cash ratio0.280.240.100.200.450.52
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage------
Equity multiplier1.881.891.862.012.141.93
Liabilities / Assets0.470.470.460.500.530.48
Efficiency
Asset turnover0.770.750.670.660.800.69
Inventory turnover------
Days sales outstanding82d70d97d130d101d110d
Days inventory outstanding------
Days payable outstanding29d28d28d17d23d23d
Cash conversion cycle------
Valuation
P / E---65.1x-377.0x
P / B1.4x2.3x4.2x6.8x10.2x12.9x
P / S1.0x1.6x3.4x5.1x5.9x9.7x
EV / EBITDA--57.1x28.7x189.6x63.7x
Growth
Revenue growth (YoY)2.1%10.0%14.5%39.3%27.2%92.5%
Revenue CAGR (3y)8.7%20.6%26.6%50.5%18.7%43.4%
Revenue CAGR (5y)17.9%33.8%21.7%39.2%--
Gross profit growth (YoY)-2.2%9.8%12.7%43.9%20.6%10.8%
Operating income growth (YoY)-11.2%-534.0%----18.9%
Net income growth (YoY)-2.6%-237.7%----31.9%
EPS growth (YoY)-2.8%-227.3%----
EPS CAGR (3y)------
EPS CAGR (5y)------
FCF growth (YoY)-69.5%169.5%364.8%-36.0%-72.3%-19.4%
FCF CAGR (5y)-7.5%12.4%----
Book value growth (YoY)-0.3%-3.2%22.7%80.2%-1.4%25.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Product / service

$108.40M total
Subscription Maintenance And Support Services$103.10M · 95.1%
Catch Up$4.30M · 4.0%
Professional Software Development Services$1.00M · 0.9%

Geographic

$114.60M total
US$100.60M · 87.8%
BR$3.50M · 3.1%
BS$3.50M · 3.1%
UY$3.50M · 3.1%
ZA$3.50M · 3.1%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

0.29
Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

5/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Services-Prepackaged Software

CompanyRevenue (last FY)Net marginROE
TEAM$5.22B-4.9%-19.1%
CRM$37.90B16.4%10.5%
NOW$13.28B13.2%13.5%
FRSH$838.81M21.9%17.8%
DDOG$3.43B3.1%2.9%

Comparing SOUNDTHINKING against the 5 most active filers in the same SIC group.