SoundThinking Inc (OQ:SSTI)

Business Focus: Application Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 39300 Civic Center Drive, Suite 300
FREMONT CA 94538
Tel: 1-949-5743860
Website: https://www.soundthinking.com
IR: See website
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Key People
Ralph A. Clark
President, Chief Executive Officer, Director
Greg Holifield
Managing Director
Alan R. Stewart
Chief Financial Officer
Nasim Golzadeh
Executive Vice President - Engineering for Investigative Solutions
Gary T. Bunyard
Senior Vice President - Sales and Security
Gregg Makuch
Senior Vice President - Marketing
Anne Mueller
Senior Vice President - Human Resources
Larry Jackson
Senior Vice President - Customer Success and Analytics
R. Samuel Klepper
Senior Vice President - Product Management and Corporate Development
Mark Page
Senior Vice President - Project Management, Field Services and Customer Support
   
Business Overview
SoundThinking, Inc. is a public safety technology company that delivers artificial intelligence (AI) and data-driven solutions for law enforcement, civic leadership and security professionals. The Company's SafetySmart platform includes ShotSpotter, the acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact; and SafePointe, an AI-based weapons detection system. ShotSpotter, its acoustic gunshot detection technology serves cities and municipalities seeking to identify, locate and deter persistent, localized gun violence by incorporating a real-time gunshot detection system into their policing systems. CrimeTracer is a law enforcement search engine and information platform that enables law enforcement to search data from agencies across the United States using natural language speech terms and concepts.
Financial Overview
For the fiscal year ended 31 December 2023, SoundThinking Inc revenues increased 14% to $92.7M. Net loss totaled $2.7M vs. income of $6.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Prepackaged Software segment loss totaling $1.2M vs. income of $7.7M. Basic Earnings per Share excluding Extraordinary Items decreased from $0.52 to -$0.22.
Employees: 312 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $173.00M as of Dec 31, 2023
Annual revenue (TTM): $92.72M as of Dec 31, 2023
EBITDA (TTM): $4.67M as of Dec 31, 2023
Net annual income (TTM): -$2.72M as of Dec 31, 2023
Free cash flow (TTM): $5.46M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.89M as of Dec 31, 2023
Shares outstanding: 12,786,840 as of Mar 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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