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 Ratings3.2
Overall CultureA

Latest Updates

Employees (est.) (Sept 2019)183(-7%)
Job Openings6
Revenue (FY, 2017)$36 M(-5%)
Share Price (Sept 2021)$3.9(-1%)
Cybersecurity ratingCMore

Key People/Management at Sonic Foundry

Michael Norregaard

Michael Norregaard

CEO
Brian Wiegand

Brian Wiegand

Director
Bill Cherne

Bill Cherne

VP Customer Success & Support
Kelsy Boyd

Kelsy Boyd

CFO
Nelson A. Murphy

Nelson A. Murphy

Director
Tammy Jackson

Tammy Jackson

VP Marketing & Communications
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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 (14-Sept-2021)

33.5m

Closing stock price (14-Sept-2021)

3.9

Cash (31-Mar-2018)

1.2m
Sonic Foundry's current market capitalization is $33.5 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

75/100

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 Secures a $3 Million Line of Credit from U.S. Bank National Association

MADISON, Wis., Aug. 03, 2021 (GLOBE NEWSWIRE) -- MADISON, Wis. — August 3, 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 that the company has obtained a new $3 m…

Sonic Foundry Raises $3.4 Million from Common Stock Offering

MADISON, Wis., July 29, 2021 (GLOBE NEWSWIRE) -- MADISON, Wis., July 29, 2021 - Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation, management solutions as well as virtual and hybrid events, announced today that it has sold 945,946 shares of common stock at market p…

Sonic Foundry CEO Joe Mozden Jr. Featured at GeoInvesting Virtual Event

MADISON, Wis., July 22, 2021 (GLOBE NEWSWIRE) -- Sonic Foundry, the trusted leader for video creation, management solutions as well as virtual and hybrid events, today announced that its CEO Joe Mozden Jr. recently participated in a virtual event hosted by GeoInvesting. 

Sonic Foundry to Host Virtual Annual Shareholders Meeting Thursday, June 24

Company to meet with investors at 9 a.m. CDT online via its Mediasite platform Company to meet with investors at 9 a.m. CDT online via its Mediasite platform

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…
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Sonic Foundry Blogs

Make your Learning Count – 3 Tips for Making the Most of your Virtual Learning Component

When the pandemic arrived in full force in early 2020, education, like many other fields, was impacted in a major way. Schools closed, teachers scrambled to create virtual lessons, coursework and content overnight, and students struggled to stay engaged and motivated when their… The post Make your L…

5 Tips for Successful Virtual Group Projects in Higher Education

Like most people, the pandemic has affected college students in a dramatic way. Unlike most people, college students have witnessed the pros and cons of virtual higher education firsthand. I was a Sophomore when Covid-19 made its appearance and quickly… The post 5 Tips for Successful Virtual Group P…

Live Webinar: What’s New In Mediasite?

10:00-10:30 AM CST, Thursday, September 9 Register Here   It’s no secret that video is here to stay in this digital first world.  It is now part of everyday life in the classroom, the boardroom and at events throughout our daily… The post Live Webinar: What’s New In Mediasite? appeared first on Medi…

Recent College Graduate Perspective: Entering the Workforce During a Global Pandemic

As a high schooler enters college, or a college graduate enters the workforce, there is a preconceived blueprint of how one’s life should look. Reality check! As a recent college graduate, I thought I had a definitive timeline of how… The post Recent College Graduate Perspective: Entering the Workfo…

8 Things to Love About Mediasite 8

As the world starts to open back up and we go back to in-person meetings and work events, it’s important to remember we’re not going back to what it used to be. We now live in a digital-first world and the power of streaming… The post 8 Things to Love About Mediasite 8 appeared first on Mediasite.

The Next Generation of Mediasite is Here: Mediasite 8

We are excited to announce Mediasite’s latest release- Mediasite 8 which features a powerful mix of tools to support the continued development of the digital-first, emerging hybrid world.   This modern video experience creates an engaging, interactive, and personalized communication for all areas of…
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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, Brian Wiegand and Bill Cherne.

  • 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.