Revenue: As of FY2025 Q1, the actual value is USD 29.13 M.EPS: As of FY2025 Q1, the actual value is USD 0.31.EBIT: As of FY2025 Q1, the actual value is USD 130.75 M.<h3>Segment Revenue</h3><ul><li>Service Subscriptions: $24.6 million for the three months ended March 31, 2025, an increase of 586% compared to $3.6 million for the same period in 2024.</li><li>Product Royalties: $4.4 million for the three months ended March 31, 2025, a decrease of 44% compared to $7.9 million for the same period in 2024.</li><li>Monetization: $0.1 million for the three months ended March 31, 2025, a decrease of 11% compared to $0.1 million for the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: $129.9 million for the three months ended March 31, 2025, compared to a net loss of $33.0 million for the same period in 2024.</li><li>Gross Margin: 36% for the three months ended March 31, 2025, compared to 60% for the same period in 2024.</li><li>Operating Expenses: Total operating expenses were -$98.9 million for the three months ended March 31, 2025, compared to $40.1 million for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: -$19.2 million for the three months ended March 31, 2025, compared to -$21.9 million for the same period in 2024.</li><li>Net Cash Used in Investing Activities: -$0.2 million for the three months ended March 31, 2025, compared to -$3.8 million for the same period in 2024.</li><li>Net Cash Provided by Financing Activities: $67.0 million for the three months ended March 31, 2025, compared to $142.7 million for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Change in Fair Value of Contingent Acquisition Liabilities: Gain of $176.1 million for the three months ended March 31, 2025, compared to a loss of $4.2 million for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to continue investing in technology and expects to improve gross margins in the mid-term, especially as it relates to the integration of Amelia and SYNQ3.</li><li>Non-Core Business: The company is exploring opportunities for monetization revenue through advertising and transactions on voice-enabled products from voice-enabled services.</li></ul>

SoundHound AI - CW27 | 10-Q: FY2025 Q1 Revenue: USD 29.13 M