Sonendo Inc

Company Profile

Sonendo Inc had its IPO on 2021-10-29 under the ticker symbol SONX.

The company operates in the Healthcare sector and Medical Devices industry. Sonendo Inc has a staff strength of 244 employees.

Stock update

Shares of Sonendo Inc opened at $1.04 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.92 - $1.04, and closed at $0.92.

This is a -10.68% slip from the previous day's closing price.

A total volume of 22,924 shares were traded at the close of the day’s session.

In the last one week, shares of Sonendo Inc have slipped by -5.15%.

Sonendo Inc's Key Ratios

Sonendo Inc has a market cap of $51.11 million, indicating a price to book ratio of 1.4703 and a price to sales ratio of 2.4931.

In the last 12-months Sonendo Inc’s revenue was $43.84 million with a gross profit of $10.48 million and an EBITDA of $-59176000. The EBITDA ratio measures Sonendo Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sonendo Inc’s operating margin was -139.42% while its return on assets stood at -39.79% with a return of equity of -121.23%.

In Q2, Sonendo Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 4.7%.

Sonendo Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.45 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sonendo Inc’s profitability.

Sonendo Inc stock is trading at a EV to sales ratio of 1.6778 and a EV to EBITDA ratio of -1.2366. Its price to sales ratio in the trailing 12-months stood at 2.4931.

Sonendo Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$104.14 million

Total Liabilities

$11.35 million

Operating Cash Flow

$9.18 million

Capital Expenditure

$417000

Dividend Payout Ratio

0%

Sonendo Inc ended 2024 with $104.14 million in total assets and $0 in total liabilities. Its intangible assets were valued at $104.14 million while shareholder equity stood at $53.04 million.

Sonendo Inc ended 2024 with $0 in deferred long-term liabilities, $11.35 million in other current liabilities, 53000.00 in common stock, $-402155000.00 in retained earnings and $8.45 million in goodwill. Its cash balance stood at $12.57 million and cash and short-term investments were $65.89 million. The company’s total short-term debt was $1,290,000 while long-term debt stood at $37.04 million.

Sonendo Inc’s total current assets stands at $87.21 million while long-term investments were $0 and short-term investments were $53.32 million. Its net receivables were $6.31 million compared to accounts payable of $1.09 million and inventory worth $13.16 million.

In 2024, Sonendo Inc's operating cash flow was $9.18 million while its capital expenditure stood at $417000.

Comparatively, Sonendo Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.92

52-Week High

$2.95

52-Week Low

$0.781

Analyst Target Price

$3.2

Sonendo Inc stock is currently trading at $0.92 per share. It touched a 52-week high of $2.95 and a 52-week low of $2.95. Analysts tracking the stock have a 12-month average target price of $3.2.

Its 50-day moving average was $1.18 and 200-day moving average was $1.7 The short ratio stood at 10.17 indicating a short percent outstanding of 0%.

Around 1659.5% of the company’s stock are held by insiders while 6591.9% are held by institutions.