OverviewSuggest Edit

Sonic Foundry is a provider of video capture, management, and webcasting solutions in education, business, and government. Its product portfolio includes Mediasite Enterprise Video Platform, a system to deliver live and on-demand interactive video to any user on any screen; Mediasite Cloud for video streaming and content management projects; and Mediasite Events that delivers turnkey video streaming solutions for hybrid events and meetings. The сompany also provides Mediasite Capture Solutions that empowers faculty, trainers, staff, and students to create and share videos, training modules, lectures, or assignments.

TypePublic
Founded1991
HQMadison, WI, US
Websitesonicfoundry.com
Employee Ratings3.4
Overall CultureA

Latest Updates

Employees (est.) (Sept 2019)183(-7%)
Job Openings3
Revenue (FY, 2017)$36 M(-5%)
Share Price (Jun 2021)$3.9(-4%)
Cybersecurity ratingCMore

Key People/Management at Sonic Foundry

Michael Norregaard

Michael Norregaard

CEO
Bill Cherne

Bill Cherne

VP Customer Success & Support
Kelsy Boyd

Kelsy Boyd

CFO
Tammy Jackson

Tammy Jackson

VP Marketing & Communications
Elizabeth Collins

Elizabeth Collins

SVP North America
Robert Lipps

Robert Lipps

EVP
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Sonic Foundry Office Locations

Sonic Foundry has offices in Madison, New Delhi, Tokyo and Utrecht
Madison, WI, US (HQ)
222 W Washington Ave
New Delhi, IN
7 Community Center
Tokyo, JP
Shimbashi Sumitomo Bldg 8F 11-3, Shimbashi 5-chome
Utrecht, NL
Merelstraat 2bis
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Sonic Foundry Financials and Metrics

Sonic Foundry Revenue

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Sonic Foundry's revenue was reported to be $36 m in FY, 2017 which is a 5.2% decrease from the previous period.
USD

Revenue (Q2, 2018)

8.5m

Gross profit (Q2, 2018)

5.9m

Gross profit margin (Q2, 2018), %

70.1%

Net income (Q2, 2018)

(1.4m)

EBIT (Q2, 2018)

(1.3m)

Market capitalization (11-Jun-2021)

31.3m

Closing stock price (11-Jun-2021)

3.9

Cash (31-Mar-2018)

1.2m
Sonic Foundry's current market capitalization is $31.3 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

35.8m36.5m38.0m36.0m

Revenue growth, %

29%2%4%(5%)

Cost of goods sold

10.3m10.6m10.0m9.9m

Gross profit

25.6m25.8m28.0m26.1m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

7.2m8.9m11.3m8.7m8.1m10.6m9.1m9.6m9.8m9.3m8.6m9.8m8.9m8.5m

Cost of goods sold

1.8m2.4m3.5m2.7m1.9m3.5m2.7m2.3m2.6m2.6m2.5m2.6m2.4m2.5m

Gross profit

5.4m6.5m7.8m6.1m6.2m7.1m6.4m7.3m7.2m6.7m6.1m7.2m6.5m5.9m

Gross profit Margin, %

75%73%69%69%77%67%70%76%74%72%71%74%73%70%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

3.5m4.3m2.0m1.8m1.2m

Accounts Receivable

7.9m

Inventories

1.4m1.7m2.4m1.9m986.0k

Current Assets

12.6m16.1m17.9m16.7m12.3m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018

Cash

3.1m4.4m3.9m2.8m2.6m2.6m2.7m1.9m2.3m1.1m850.0k1.6m1.2m

Inventories

1.6m2.1m2.4m1.9m2.2m1.7m2.5m2.1m2.2m1.3m1.4m1.1m1.0m

Current Assets

12.9m18.3m17.8m13.4m14.7m15.6m15.3m15.8m17.4m13.8m15.7m13.2m10.4m

PP&E

3.6m3.2m3.1m2.7m2.5m2.3m2.1m2.1m1.9m1.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(792.0k)(2.8m)(4.5m)(3.3m)(5.0m)

Depreciation and Amortization

1.6m2.0m

Inventories

(394.0k)259.0k(344.0k)514.0k904.0k

Accounts Payable

(109.0k)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q2, 2018

Net Income

(690.0k)(871.0k)33.0k(1.0m)(1.3m)(921.0k)(1.2m)(711.0k)(552.0k)(1.5m)(1.5m)(1.1m)

Inventories

2.4m2.5m2.1m2.2m1.3m1.4m(59.0k)

Accounts Payable

2.1m1.4m1.5m1.6m1.1m906.0k1.1m906.0k1.7m700.0k

Cash From Operating Activities

(548.0k)
USDFY, 2013

Financial Leverage

2.3 x
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Sonic Foundry Operating Metrics

Sonic Foundry's Active Customers was reported to be 2 k in FY, 2017. Sonic Foundry's Enterprise Customers was reported to be 4.7 k in FY, 2017.
FY, 2015FY, 2016FY, 2017

Active Customers

2 k2 k2 k

Countries

656565

Enterprise Customers

3.8 k4.3 k4.7 k

Patents Issued

434
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Sonic Foundry Revenue Breakdown

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Sonic Foundry revenue breakdown by geographic segment: 23.0% from Asia, 13.1% from Europe, Middle East, 59.7% from United States and 4.3% from Other

Sonic Foundry Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Sonic Foundry Online and Social Media Presence

Embed Graph

Sonic Foundry Company Culture

  • Overall Culture

    A

    89/100

  • CEO Rating

    B

    75/100

  • Compensation

    A+

    100/100

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Sonic Foundry News and Updates

Sonic Foundry Announces Fiscal 2021 Second Quarter Financial Results

MADISON, Wis., May 13, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation, management solutions as well as virtual and hybrid events, today announced consolidated financial results for its fiscal 2021 second quarter ended March 31, 2021.

Sonic Foundry Appoints Two New Board Members

MADISON, Wis., May 12, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC: SOFO), the trusted leader for video creation, management solutions and virtual and hybrid events, today announced that it has appointed two new board members, Taha Jangda and William St. Lawrence. The appointment comes on th…

CEO of Sonic Foundry, Joe Mozden Jr., Accepted into Forbes Business Council

Forbes Business Council is an invitation-only community for successful business leaders Forbes Business Council is an invitation-only community for successful business leaders

Sonic Foundry Announces Virtual MSX21 May 19 to 20

Company is utilizing its Mediasite Events virtual and hybrid platform to help schools, corporations and organizations learn, connect and emerge ahead in their video strategies at Mediasite Experience 2021 Company is utilizing its Mediasite Events virtual and hybrid platform to help schools, corporat…

Sonic Foundry to Participate in M Vest LLC and Maxim Group LLC Inaugural Emerging Growth Virtual Conference

Event features innovative emerging growth companies in healthcare, industrials, electric vehicles, TMT, and consumer products Event features innovative emerging growth companies in healthcare, industrials, electric vehicles, TMT, and consumer products

Sonic Foundry Names CJ Tao VP Controller

MADISON, Wis., March 04, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, the trusted leader for video creation, management solutions and virtual and hybrid events, today announced the appointment of CJ Tao as its new VP Controller, effective March 1. This new position supports the company’s efforts to max…
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Sonic Foundry Blogs

Mediasite Celebrates Global Accessibility Awareness Day Today

Simple. Reliable. Flexible. That has been what we strive for with our Mediasite solutions. We are committed to making accessibility a top priority. So, today on Global Accessibility Awareness Day (GAAD) – and everyday – we are committed to accessibility to ensure an equitable learning experience… Th…

IT’S HERE!! MSX21 Registration is Officially Open!

Have you heard Mediasite Experience 2021 (MSX21) is coming to your screen May 19 and 20?   Are you wondering what MSX21 is and why you should get tickets NOW?   Let’s talk.   MSX21 is the Mediasite conference of the year created… The post IT’S HERE!! MSX21 Registration is Officially Open! appeared f…

Mediasite Mosaic Rises to the Top – Tech & Learning Names Capture App a Best Remote/Blended Learning Tool

We are proud to announce that Tech & Learning named Mediasite Mosaic a Best Remote/Blended Learning Tool for Higher Education in 2021. Mosaic is our easily accessible lightweight app used for hybrid learning and has become particularly useful for instructors… The post Mediasite Mosaic Rises to t…

New National Survey: Video Conferencing’s Role in Enterprise Now and in a Post-COVID World

In a recent survey conducted in collaboration with Industry Dive, Sonic Foundry examined future plans for video usage across the corporate sector, highlighting trends and use expectations post-pandemic.    Surprisingly, companies are not just using video for team or client… The post New National Sur…

Can’t Miss Webinar: How to Avoid Potential Pitfalls of Virtual and Hybrid Events

3-3:30 p.m. CST, Wednesday, Feb. 17 Let’s be frank. 2020 was a challenging year for the events world, but true to the nature of industry professionals, you found ways to overcome those challenges. Those of you who adopted virtual event technology used the… The post Can’t Miss Webinar: How to Avoid P…

Can Mediasite Be Your Valentine?

We’ve got something better than a box of chocolates for you this Valentine’s Day! Our flagship conference, Mediasite Experience 2021 (MSX), is heading to … your office May 19 and 20! You read that right – we’re going virtual. Because… The post Can Mediasite Be Your Valentine? appeared first on Media…
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Sonic Foundry Frequently Asked Questions

  • When was Sonic Foundry founded?

    Sonic Foundry was founded in 1991.

  • Who are Sonic Foundry key executives?

    Sonic Foundry's key executives are Michael Norregaard, Bill Cherne and Kelsy Boyd.

  • How many employees does Sonic Foundry have?

    Sonic Foundry has 183 employees.

  • What is Sonic Foundry revenue?

    Latest Sonic Foundry annual revenue is $36 m.

  • What is Sonic Foundry revenue per employee?

    Latest Sonic Foundry revenue per employee is $196.7 k.

  • Who are Sonic Foundry competitors?

    Competitors of Sonic Foundry include Qumu, Panopto and VBrick Systems.

  • Where is Sonic Foundry headquarters?

    Sonic Foundry headquarters is located at 222 W Washington Ave, Madison.

  • Where are Sonic Foundry offices?

    Sonic Foundry has offices in Madison, New Delhi, Tokyo and Utrecht.

  • How many offices does Sonic Foundry have?

    Sonic Foundry has 4 offices.