SoundHound AI, a company that uses sound instead of typing to power cool things like car assistants, is doing awesome! They predict their money made (revenue) will double next year. This is huge news for investors!
- SoundHound uses your voice to do things, like ordering food at a drive-thru.
- Their sales jumped 101% last year!
- They have tons of future deals worth almost $1.2 billion.
- They expect to make a profit soon.
| Fact | Number |
|---|---|
| 2024 Revenue | $84.7 million |
| Projected 2025 Revenue | $157-$177 million |
| Revenue Backlog | ~$1.2 billion |
| Cash on Hand | $200 million |
