Filing Flows › Soundthinking (SSTI) › Q4 2024
Soundthinking (SSTI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Soundthinking (SSTI) reported revenue of $23.4M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and -11% from the quarter before. Operating margin was -16.3%, net loss $4.1M (17.4% of revenue).
Soundthinking, Q4 2024: revenue $23.4M (-10% year over year), operating margin -16.3%, net loss $4.1M, operating cash flow −$859K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.4M | -11% | -10% |
| Operating profit | −$3.8M | — | — |
| Net earnings | −$4.1M | — | — |
| Operating cash flow | −$859K | — | — |
What changed
Revenue was $23.4M in Q4 2024, down 10% year over year and down 11% from the previous quarter. Subscription Maintenance and Support Services was the largest line at 98% of revenue.
Gross margin was 50.0%, down 7.6 points from a year earlier. Operating costs exceeded revenue by $3.8M, an operating margin of -16.3%. Operating expenses grew 46% against a revenue fall of 10%. The quarter ended with a net loss of $4.1M, wider than the previous quarter's $1.4M loss.
Operating cash flow was −$859K. Non-cash charges added back $2.5M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $2.3M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$2.2M.
Questions
What was Soundthinking's revenue in the fourth quarter 2024?
Soundthinking (SSTI) reported revenue of $23.4M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and -11% from the quarter before.
Was Soundthinking profitable in the fourth quarter 2024?
Operating loss was $3.8M (-16.3% of revenue) and net loss $4.1M.
Source: Soundthinking 10-K on SEC EDGAR.