SoundHound AI (SOUN)

Net assets on the balance sheet as of June 2024 : C$0.31 Billion

According to SoundHound AI's latest financial reports the company has C$0.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SoundHound AI - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$37.36 M	-175.3%
2022-12-31	$-C$49.62 Million	-88.66%
2021-12-31	$-C$0.44 Billion	24.14%
2020-12-31	$-C$0.36 Billion

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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SoundHound AI (SOUN) - Net assets