SSTI
SoundThinking, Inc.7.93
+0.23+2.99%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
101.43MP/E (TTM)
-Basic EPS (TTM)
-0.84Dividend Yield
0%Recent Filings
10-K
FY2025 results
SoundThinking posted FY2025 revenue of $104.1M, up 2% y/y despite Chicago's non-renewal costing $9.7M; NYC drove 29% of topline with $3.5M Q1 catch-up from three-year renewals. Q4 momentum shone via CrimeTracer Gen3 rollout and SafePointe's 291 contracted lanes, fueling 99% retention while ShotSpotter added 10 new cities/2 universities for 5 net go-live miles. Margins slipped to 54% on IT/reimbursable hikes, but $9.3M op cash funded $4.5M capex amid $4M debt at 6.2%. $10.5M remains for buybacks. Material weaknesses persist in revenue/ITGC controls.
8-K
Exec resigns effective March 31
8-K
Record revenue, lowered 2026 guide
10-Q
Q3 FY2025 results
SoundThinking's Q3 revenues dipped 4% y/y to $25.1M from $26.3M, reflecting Chicago's non-renewal, yet YTD sales edged up 1% to $79.3M on NYPD expansions and catch-up bookings. Gross margins slipped to 54% from 58% as costs climbed on AI investments and maintenance; operating loss widened to $2.1M from $1.0M, while net loss hit $2.0M versus $1.4M, driven by higher R&D and minor other expenses. Cash sits at $11.8M with $36M revolver availability against $4M debt (6.3% rate, matures 2027); OCF/F CF (derived) of $1.2M trails last year. Stock buybacks trimmed shares. Customer concentration risks loom large.
8-K
Q3 revenues miss; FY guide cut
SoundThinking reported Q3 2025 revenues down 4% to $25.1 million versus $26.3 million last year, with gross profit slipping to $13.6 million (54% margin) from $15.2 million (58%), and GAAP net loss widening to $2.0 million. Contract delays prompted a cut in FY 2025 revenue guidance to ~$104.0 million from $111.0-$113.0 million, alongside Adjusted EBITDA margin to 14-15%. Delays sting short-term. Yet expansions and AI upgrades signal 2026 rebound.
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