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 |
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 |