SoundThinking Inc (OQ:SSTI)
Business Focus: Enterprise Software
| Sector: Technology | Industry: Software |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 39300 Civic Center Drive, Suite 300 FREMONT CA 94538 |
| Tel: | 1-949-5743860 |
| Website: | https://www.soundthinking.com |
| IR: | See website |
| Key People | ||
| Ralph A. Clark President, Chief Executive Officer, Director | Greg Holifield Managing Director | Alan R. Stewart Chief Financial Officer |
| Nasim Golzadeh Executive Vice President - Engineering for Investigative Solutions | Gary T. Bunyard Senior Vice President - Sales and Security | Gregg Makuch Senior Vice President - Marketing |
| Anne Mueller Senior Vice President - Human Resources | Larry Jackson Senior Vice President - Customer Success and Analytics | R. Samuel Klepper Senior Vice President - Product Management and Corporate Development | Mark Page Senior Vice President - Project Management, Field Services and Customer Support |
| Business Overview |
| SoundThinking, Inc., formerly ShotSpotter, Inc., is a public safety technology company that combines transformative solutions and strategic advisory services for law enforcement and civic leadership. The Company is focused on public safety through law enforcement tools and community-focused solutions for non-law enforcement entities to utilize for a holistic approach to violence prevention, social services and economic assistance. The Company's SafetySmart platform includes ShotSpotter, the acoustic gunshot detection system; CrimeTracer, the law enforcement search engine; CaseBuilder, a one-stop investigation management system; and ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact. ShotSpotter is an acoustic gunshot detection system that alerts police to virtually all gunfire within a coverage area in less than 60 seconds, helping reduce police response times to gun crimes and saving lives. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, SoundThinking Inc revenues increased 14% to $92.7M. Net loss totaled $2.7M vs. income of $6.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Prepackaged Software segment loss totaling $1.2M vs. income of $7.7M. Basic Earnings per Share excluding Extraordinary Items decreased from $0.52 to -$0.22. |
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