← Sound Group Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and Cash Equivalents, at Carrying Value | $29.5m | $11.9m | $48.3m | $83.7m | $82.4m | $69.7m | $60.5m | $93.7m | |
| Prepaid Expense and Other Assets, Current | $5.9m | $2.7m | $3.0m | $5.3m | $4.4m | $4.8m | $4.8m | $7.1m | |
| Short-term Investments | — | — | $11.2m | $0 | $16.1m | — | — | — | |
| Cash and Cash Equivalents | $205.6m | $82.7m | $315.5m | $533.3m | $568.2m | $495.0m | $441.9m | $655.1m | |
| Restricted Cash, Current | — | — | — | $4.2m | $10.3m | $2.7m | $11.3m | $4.8m | |
| Accounts Receivable | $6.5m | $3.0m | $8.4m | $6.5m | $3.2m | $1.6m | $1.1m | $972k | |
| Allowance For Doubtful Accounts Receivable | — | — | — | — | $0 | ($39k) | ($39k) | ($108k) | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | — | $679.5m | $495.0m | $441.9m | $655.1m | |
| Gross Accounts Receivable | — | — | — | — | $3.2m | $1.6m | $1.1m | $1.1m | |
| Other Current Assets | — | — | — | — | $3.6m | $4.8m | $4.6m | $5.0m | |
| Other Receivables | — | — | — | — | $2.6m | $97.1m | $95.2m | $102.4m | |
| Other Short Term Investments | — | — | — | $0 | $111.4m | $0 | — | — | |
| Prepaid Assets | — | — | — | — | $21.8m | $17.8m | $20.3m | $23.6m | |
| Receivables Adjustments Allowances | — | — | — | — | $0 | ($90.8m) | ($92.1m) | ($90.1m) | |
| Taxes Receivable | — | — | — | — | $2.4m | $4.9m | $7.1m | $8.8m | |
| Assets, Current | $218.0m | $15.0m | $64.4m | $90.6m | $104.9m | $75.1m | $67.0m | $101.6m | |
| Total current assets | $218.0m | $104.5m | $419.9m | $577.5m | $723.5m | $533.1m | $489.4m | $710.6m | |
| Property, Plant and Equipment, Net | $17.2m | $4.7m | $5.3m | $5.2m | $3.8m | $2.4m | $2.3m | $1.7m | |
| Intangible Assets, Net (Excluding Goodwill) | $1.5m | $244k | $449k | $352k | $172k | $196k | $161k | — | |
| Intangible Assets | — | — | — | — | — | — | $1.2m | $879k | |
| Goodwill And Other Intangible Assets | — | — | — | — | $1.2m | $1.4m | $1.2m | $879k | |
| Operating Lease, Right-of-Use Asset | — | $0 | $656k | $4.5m | $3.6m | $2.0m | $1.7m | $3.4m | |
| Other Assets, Noncurrent | — | $306k | $334k | $125k | — | $115k | $237k | $363k | |
| Additional Financial Items | |||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $6.5m | $428k | $1.3m | $1.0m | $469k | $219k | $148k | $139k | |
| Other Non-Operating Current Assets | $5.9m | $18.8m | $19.4m | $33.6m | $30.4m | $33.9m | $35.1m | $49.7m | |
| Other Non-Operating Non-Current Assets | — | $2.1m | $2.2m | $799k | — | $818k | $1.7m | $2.5m | |
| Other Current Liabilities | — | — | — | — | $4.0m | $3.9m | $31.0m | $38.2m | |
| Accrued expenses and other current liabilities | $24.0m | $33.7m | $51.0m | $53.5m | $47.6m | $48.5m | $78.5m | $68.3m | |
| Statutory reserves | — | — | — | $0 | $529k | $1.6m | $2.6m | $14.4m | |
| Accumulated Depreciation | — | — | — | — | ($75.1m) | ($82.7m) | ($91.1m) | ($91.7m) | |
| Capital Lease Obligations | — | — | — | — | $26.6m | $14.3m | $12.7m | $24.6m | |
| Current Accrued Expenses | — | — | — | — | $39.6m | $37.4m | $64.5m | $56.0m | |
| Current Capital Lease Obligation | — | — | — | — | $18.4m | $10.4m | $8.2m | $14.6m | |
| Current Debt | — | — | — | $69.0m | $73.8m | — | $7.2m | — | |
| Current Debt And Capital Lease Obligation | — | — | — | — | $92.1m | $10.4m | $15.4m | $14.6m | |
| Current Deferred Liabilities | — | — | — | — | $35.7m | $29.2m | $31.0m | $38.2m | |
| Current Provisions | — | — | — | — | $3.2m | $2.4m | $8.9m | $8.4m | |
| Gross PPE | — | — | — | — | $126.7m | $114.0m | $120.3m | $127.4m | |
| Income Tax Payable | — | — | — | — | $557k | $496k | $1.9m | $926k | |
| Invested Capital | — | — | — | — | $466.4m | $299.5m | $242.5m | $401.1m | |
| Leases | — | — | — | — | $15.4m | $17.4m | $17.5m | $17.7m | |
| Line Of Credit | — | — | — | — | $73.8m | $0 | $7.2m | $0 | |
| Long Term Capital Lease Obligation | — | — | — | — | $8.2m | $3.9m | $4.4m | $10.0m | |
| Machinery Furniture Equipment | — | — | — | — | $6.1m | $3.2m | $2.9m | $2.2m | |
| Net PPE | — | — | — | — | $51.7m | $31.3m | $29.2m | $35.6m | |
| Net Tangible Assets | — | — | — | — | $391.5m | $298.1m | $234.1m | $400.2m | |
| Ordinary Shares Number | — | — | — | — | $1.0b | $1.1b | $986.9m | $833.3m | |
| Other Current Borrowings | — | — | — | $69.0m | $73.8m | — | — | — | |
| Other Equity Adjustments | — | — | — | — | $15.1m | $19.6m | $32.4m | $47.2m | |
| Other Non Current Assets | — | — | — | $799k | — | $818k | $1.7m | $2.5m | |
| Other Non Current Liabilities | — | — | — | $4.5m | $4.0m | — | — | — | |
| Other Payable | — | — | — | — | $137.7m | $141.7m | $131.2m | $176.2m | |
| Other Properties | — | — | — | — | $105.2m | $93.4m | $99.9m | $107.5m | |
| Properties | — | — | — | — | $0 | $0 | $0 | $0 | |
| Restricted Cash | — | — | — | — | $10.3m | $2.7m | $11.3m | $4.8m | |
| Share Issued | — | — | — | — | $1.1b | $1.1b | $1.1b | $879.9m | |
| Tangible Book Value | — | — | — | — | $391.5m | $298.1m | $234.1m | $400.2m | |
| Treasury Shares Number | — | — | — | — | $15.4m | $19.9m | $83.3m | $46.6m | |
| Working Capital | — | — | — | — | $352.0m | $260.5m | $186.6m | $345.2m | |
| Total non-current assets | $18.6m | $36.2m | $43.9m | $65.4m | $52.8m | $33.5m | $32.1m | $39.1m | |
| Total non-current liabilities | — | $0 | $6.0m | $21.5m | $12.1m | $3.9m | $4.4m | $10.0m | |
| Total Sound Group Inc.'s SHAREHOLDERS' EQUITY | ($926.0m) | ($2.0b) | $169.2m | $254.9m | $392.7m | $299.5m | $235.3m | $401.1m | |
| TOTAL SHAREHOLDERS' EQUITY | $254.9m | $392.7m | $290.0m | $214.3m | $374.3m | ||||
| Total Capitalization | — | — | — | — | $392.7m | $299.5m | $235.3m | $401.1m | |
| Total Debt | — | — | — | — | $100.3m | $14.3m | $19.9m | $24.6m | |
| Total Tax Payable | — | — | — | — | $5.4m | $4.5m | $7.3m | $9.2m | |
| Assets | $236.7m | $20.2m | $71.1m | $100.9m | $112.6m | $79.8m | $71.4m | $107.2m | |
| TOTAL ASSETS | $236.7m | $140.7m | $463.8m | $642.9m | $776.3m | $566.6m | $521.4m | $749.6m | |
| LIABILITIES AND EQUITY | |||||||||
| Current liabilities: | |||||||||
| Operating Lease, Liability, Current | — | $0 | $568k | $2.2m | $2.7m | $1.5m | $1.1m | $2.1m | |
| Accounts Payable, Current | $76.7m | $10.4m | $12.0m | $12.7m | $7.8m | $6.1m | $5.4m | $8.4m | |
| Operating Lease, Liability, Noncurrent | — | $0 | $90k | $2.7m | $1.2m | $554k | $606k | $1.4m | |
| Deferred Revenue, Current | $10.7m | $2.1m | $2.6m | $3.2m | $5.2m | $4.1m | $4.2m | $38.2m | |
| Dividends Payable | — | — | — | — | — | — | — | $0 | |
| Accrued Compensation and Benefits | $39.5m | $68.9m | $93.3m | $123.1m | $136.8m | $136.9m | $131.2m | $176.2m | |
| Accrued Income Taxes | — | $2.6m | $5.8m | $5.6m | $5.4m | $4.5m | $7.3m | $9.2m | |
| Short-Term Debt | — | $0 | $39.5m | $69.0m | $73.8m | $0 | $7.2m | — | |
| Payables And Accrued Expenses | — | — | — | — | $236.6m | $226.7m | $242.3m | $300.2m | |
| Liabilities, Current | $155.8m | $27.6m | $44.2m | $57.5m | $53.9m | $38.4m | $41.5m | $52.2m | |
| Total current liabilities | $155.8m | $192.1m | $288.6m | $366.5m | $371.5m | $272.6m | $302.7m | $365.4m | |
| Other Liabilities, Noncurrent | — | — | $829k | $699k | $573k | — | — | — | |
| Long Term Debt And Capital Lease Obligation | — | — | — | — | $8.2m | $3.9m | $4.4m | $10.0m | |
| Liabilities | $155.8m | $27.6m | $45.2m | $60.9m | $55.6m | $39.0m | $42.1m | $53.7m | |
| Total liabilities | $155.8m | $192.1m | $294.6m | $388.0m | $383.7m | $276.6m | $307.1m | $375.3m | |
| Commitments and Contingencies | — | — | $0 | $0 | — | — | — | — | |
| COMMITMENTS AND CONTINGENCIES (NOTE 16) | $0 | $0 | $0 | ||||||
| Stockholders’ equity: | |||||||||
| Preferred Stock, Value, Issued | — | $61.9m | — | — | — | — | — | — | |
| Common Stock, Value, Issued | $171k | $27k | $98k | — | — | — | — | — | |
| Additional Paid in Capital | — | $0 | $369.3m | $412.8m | $385.3m | $378.7m | $370.3m | $383.0m | |
| Retained Earnings (Accumulated Deficit) | ($929.9m) | ($287.7m) | ($343.2m) | ($371.4m) | ($330.6m) | ($339.2m) | ($341.2m) | ($331.0m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $3.8m | $636k | ($293k) | ($1.5m) | $2.1m | $2.5m | $4.1m | $4.7m | |
| Treasury stock | — | ($18k) | ($12k) | ($11k) | ($10k) | ($958k) | ($10.2m) | ($10.2m) | |
| Accumulated Other Comprehensive Income | $3.8m | $4.4m | ($1.9m) | ($9.8m) | $14.6m | $17.9m | $29.8m | $32.8m | |
| Capital Stock | — | — | — | — | $711k | $725k | $725k | $590k | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | — | $15.1m | $19.6m | $32.4m | $47.2m | |
| Stockholders' Equity Attributable to Parent | ($926.0m) | ($287.1m) | $25.9m | $40.0m | $56.9m | $42.2m | $32.2m | $57.4m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | ($2k) | ($1.3m) | ($2.9m) | ($3.8m) | |
| Noncontrolling Interest | — | — | — | — | ($13k) | ($9.5m) | ($21.0m) | ($26.8m) | |
| Minority Interest | — | — | — | — | ($13k) | ($9.5m) | ($21.0m) | ($26.8m) | |
| Total Equity Gross Minority Interest | — | — | — | — | $392.7m | $290.0m | $214.3m | $374.3m | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | — | $12.1m | $3.9m | $4.4m | $10.0m | |
| Total Stockholders' Equity | $171k | $189k | $640k | $698k | $711k | $725k | $725k | $590k | |
| Liabilities and Equity | $236.7m | $20.2m | $71.1m | $100.9m | $112.6m | $79.8m | $71.4m | $107.2m | |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $236.7m | $140.7m | $463.8m | $642.9m | $776.3m | $566.6m | $521.4m | $749.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.