SoundHound AI (SOUN)

Net assets on the balance sheet as of June 2024 : HK$1.74 Billion

According to SoundHound AI's latest financial reports the company has HK$1.74 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	$HK$0.21 B	-177%
2022-12-31	$-HK$0.29 Billion	-89.33%
2021-12-31	$-HK$2.68 Billion	24.93%
2020-12-31	$-HK$2.15 Billion

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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