Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$SoundHound AI (SOUN.US)$ one of the areas that I've been ex...

$SoundHound AI(SOUN.US)$ one of the areas that I've been extremely critical about SoundHound is the amount of debt and debt service they are carrying at 12 and a half percent interest it costs them 4 million a quarter. what they just announced is a game changer they've paid off their debt so that means this company now has 12 millions dollars, that in the prior year was going to pay interest is not going to hit the bottom line as profits assuming there's that word assuming they don't piss the money away on something else but in theory this should permit them to become cash flow positive not in 2025 but this quarter. if they announced that they are now cash flow positive and again it's June right now maybe it'll be September quarter but this calendar year if they announce all of a sudden they .04 cents profit whatever you can figure it out you know they have 280 million shares out there and 12 million dollars figure out what that breaks down per share profit the stock will change course immediately and it will track the whole new series of investors. so there you have it this is a serious change for the better in the company and I think the stock should be bought at these levels based off of this news.
$SoundHound AI (SOUN.US)$ one of the areas that I've been extremely critical about SoundHound is the amount of debt and debt service they are carrying at 12 and...
5.49 would be the near-term upper resistance on a daily basis
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
5
+0
1
Translate
Report
14K Views
Comment
Sign in to post a comment
35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
859Followers
11Following
6585Visitors
Follow