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, US
Websitesonicfoundry.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Sept 2019)183(-7%)
Revenue (FY, 2017)$36 M(-5%)
Share Price (Oct 2020)$3
Cybersecurity ratingBMore

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, 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-Oct-2020)

23.9m

Closing stock price (14-Oct-2020)

3.0

Cash (31-Mar-2018)

1.2m
Sonic Foundry's current market capitalization is $23.9 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

65 65 65

Enterprise Customers

3.80 k4.30 k4.70 k

Patents Issued

4 3 4
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Sonic Foundry Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

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 Online and Social Media Presence

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Sonic Foundry News and Updates

Sonic Foundry Retains Investment Banking Firm Silverwood Partners to Evaluate Strategic Alternatives for Company

MADISON, Wis., March 05, 2020 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC Pink Sheets: SOFO) (“Sonic Foundry or the “Company”) announced today that its Special Committee of Independent and Disinterested Directors (“Special Committee”) has retained Silverwood Partners LLC, a Boston-based investmen…

Sonic Foundry Announces Fourth Quarter and Fiscal 2019 Financial Results

MADISON, Wis., Dec. 19, 2019 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation and management solutions, today announced consolidated financial results for its fiscal 2019 fourth quarter and fiscal year ended September 30, 2019.

Sonic Foundry Announces Fiscal 2019 Second Quarter Financial Results

MADISON, Wis., May 17, 2019 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation and management solutions, today announced consolidated financial results for its fiscal 2019 second quarter ended March 31, 2019.

Sonic Foundry CEO Gary Weis Announces Retirement

Michael Norregaard Named New CEO; Weis Will Remain on the Board of Directors Michael Norregaard Named New CEO; Weis Will Remain on the Board of Directors

Panopto Announces Migration Incentives for Sonic Foundry Mediasite Customers

SEATTLE, April 17, 2019 /PRNewswire/ -- Panopto, the leading video platform provider in higher education, today announced new migration incentives for Sonic Foundry Mediasite customers. The incentives are part of Panopto's Mediasite migration program, which consists of a content...

Sonic Foundry Announces Fourth Quarter and Fiscal 2018 Financial Results

MADISON, Wis., March 15, 2019 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation and management solutions, today announced consolidated financial results for its fiscal 2018 fourth quarter and fiscal year ended September 30, 2018.
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Sonic Foundry Blogs

Add More Value to Your Online Classes, Trainings with Mediasite’s New Zoom Integration

At a glance: Mediasite’s new Zoom integration available now Record Zoom classes, schedule meetings and choose which videos to automatically upload into Mediasite Create a robust, organized and interactive video channel of Zoom + Mediasite content As so many schools… The post Add More Value to Your O…

4 Key Technology Considerations for Successful Hybrid Learning

As schools are strategically thinking about how to create and activate a virtual school year, it’s time to look at the big picture. One point of critical focus is to evaluate all the pieces of the virtual puzzle and question:… The post 4 Key Technology Considerations for Successful Hybrid Learning a…

A Student Perspective on Quarantined Learning: Fall 2020 Edition

In a few short weeks, I’ll be starting my virtual fall 2020 semester, something I never thought I would say. As a student at University of Wisconsin-Madison who spent most of my spring semester online, I realized that it is… The post A Student Perspective on Quarantined Learning: Fall 2020 Edition a…

Mediasite Named Company That Matters the Most in Online Video

We are excited to announce that Mediasite once again won a coveted place on Streaming Media’s Top 50 for companies that matter the most in online video, released this week!  It’s no secret that amidst the coronavirus pandemic, video usage… The post Mediasite Named Company That Matters the Most in On…

Reinforce Learning with New Mediasite-Elentra Integration

Key insights: Mediasite lets instructors, staff and authorized students easily record, upload, share and watch video in any Elentra course. The combined power of Elentra with Mediasite means all your videos have a central secure home benefiting from Mediasite’s in-video…

#HyFlex: A Conversation on the Future of Learning

There are a lot of unknowns in education right now, but one thing is for sure: students still expect an immersive, engaging learning experience during this new normal of online classes. Whether the fall semester will be 100 percent virtual,…
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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.