secwatch.observer — SEC 8-K summary
======================================

Issuer:     SOUNDTHINKING, INC. (SSTI)
CIK:        0001351636
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0000950170-23-003781
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ShotSpotter Q4 revenue up 50% to $21M; FY2022 revenue record $81M (+39% YoY); reaffirms FY2023 guidance $94-96M
--------------------------------------------------------------------------------

- Q4 2022 revenue $21.0M, up 50% YoY; gross profit $11.9M (57% of revenue) vs $7.5M (54%) in Q4 2021.
- GAAP net loss in Q4 $1.0M vs $3.3M loss in Q4 2021; full year GAAP net income $6.4M.
- Adjusted EBITDA Q4 $4.3M (20% of revenue) vs $1.9M (13%) in Q4 2021; FY2022 adjusted EBITDA $15.9M, up 54% YoY.
- FY2022 revenue record $81.0M, up 39% YoY; reaffirms FY2023 revenue guidance $94-96M (17% growth at midpoint) and adjusted EBITDA margin 24-26%.
- Balance sheet: $10.5M cash, no debt, $25M line of credit available.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1351636/000095017023003781/0000950170-23-003781-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1351636/000095017023003781/ssti-20230222.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-003781

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer