Sound Dimension (SOUND) Q1 2025 earnings summary

Executive summary

• Signed agreement with a major global music streaming provider to evaluate integration of AiFi Together, aiming for broader rollout and new customer contracts.

• Launched a rights issue of up to SEK 15 million to secure financial stability and support commercialization efforts.

• AiFi Together drove 82% of new users for the first customer, demonstrating strong viral growth potential.

Financial highlights

• Net sales for Q1 2025 were SEK 131,351, nearly unchanged from SEK 131,093 in Q1 2024.

• Operating loss for Q1 2025 was SEK -1,875,454, an improvement from SEK -2,081,400 in Q1 2024.

• Net loss for Q1 2025 was SEK -2,085,030, compared to SEK -2,116,499 in Q1 2024.

• Cash and cash equivalents at period end were SEK 135,811, down from SEK 2,996,913 at Q1 2024 end.

• Equity at March 31, 2025, was SEK -3,420,264, down from SEK 3,345,789 a year earlier.

Outlook and guidance

• Focus remains on commercializing AiFi Together and securing additional agreements with global streaming providers.

• Rights issue proceeds are intended to fund key milestones and support broader customer acquisition.