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Sound Group announces cancellation of repurchased shares
Yahoo Finance· 2025-10-08 11:25
Sound Group (SOGP) has completed the cancellation of all 951,252 American depositary shares repurchased under its $4M share repurchase program, which was approved by the Company’s board of directors in June 2025. As of today, the Company has repurchased a total of 951,252 ADSs for an aggregate consideration of $3,999,984.99. Following the cancellation of these repurchased shares, the total issued and outstanding shares of the Company are approximately 832,000,000 ordinary shares, equivalent to 4.16M ADSs. ...
Sound Group Announces Cancellation of Repurchased Shares
Globenewswire· 2025-10-07 11:15
SINGAPORE, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Sound Group Inc (“Sound Group” or the “Company”) (NASDAQ: SOGP), a global audio-centric social and entertainment company, today announced it has completed the cancellation of all 951,252 American depositary shares (“ADSs”) repurchased under its US$4 million share repurchase program, which was approved by the Company’s board of directors (the “Board”) in June 2025. As of today, the Company has repurchased a total of 951,252 ADSs for an aggregate consideration of U ...
Hartford Insurance: A Buy With Its Small Business Focus And Sound Capital Allocation
Seeking Alpha· 2025-09-25 10:28
Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e., buying assets at a discount, e.g., net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e., buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions, and wide moat compounders). Sign up here to get s ...
Sound Group Inc. Announces Ex-dividend Date for Recently Announced Special Cash Dividend
Globenewswire· 2025-09-04 10:00
Core Points - Sound Group Inc. announced a special cash dividend of US$0.005 per ordinary share, or US$1.00 per American Depositary Share (ADS), which exceeds 25% of the ADS price at the time of the announcement [1] - The ex-dividend date is set for October 1, 2025, following the dividend payment date of September 30, 2025 [1] - Nasdaq will implement due bill procedures for trades of the Company's ADSs during the due bill period, which runs until the record date of September 15, 2025 [2] Company Overview - Sound Group Inc. is a global audio-centric social and entertainment company, aiming to build the world's largest audio platform to enhance communication and connection [3] - The Company has been listed on Nasdaq since January 2020 [3]
Sound Group Inc ADR(SOGP):动态研究:音频中心化社交娱乐公司,2025H1全面扭亏
Guohai Securities· 2025-09-03 14:27
Investment Rating - The report assigns a positive investment rating to Sound Group (SOGP.O), indicating a favorable outlook for the company's performance in the audio-centric social entertainment sector [2]. Core Insights - Sound Group Inc. has achieved a significant turnaround in its financial performance, with a total revenue of 1.358 billion yuan in H1 2025, reflecting a year-on-year increase of 46.9% [5][6]. - The company's audio entertainment business remains the primary revenue driver, contributing 98.8% of total revenue, while AI and other business segments are showing rapid growth [5]. - The average revenue per paying user has significantly increased, indicating improved monetization strategies and user engagement [5]. Summary by Sections Financial Performance - In H1 2025, Sound Group reported a total revenue of 1.358 billion yuan, up 46.9% year-on-year, with a gross margin of 28.9%, an increase of 2.2 percentage points from the previous year [6]. - The company achieved a GAAP net profit of 68 million yuan, compared to a loss of 36 million yuan in the same period last year [6]. Business Segments - The audio entertainment segment generated 1.341 billion yuan in revenue, a 46.1% increase year-on-year, driven by content expansion and AI integration [5]. - AI and other business segments contributed 16 million yuan in revenue, marking a 174.5% year-on-year growth [5]. User Engagement - The average monthly active users (MAU) across all platforms in H1 2025 was 30.4 million, with paying users contributing an average of 650.6 yuan per month, a significant increase from 432.7 yuan in 2024 [5]. - The company is focusing on user-generated content (UGC) and enhancing user interaction through innovative tools and community engagement initiatives [5]. Cash Flow and Shareholder Returns - As of June 30, 2025, the company had cash and cash equivalents of 505 million yuan, a 10.9% increase year-on-year, providing ample liquidity for future investments [6]. - The board approved a stock buyback plan of 4 million USD and a special cash dividend of 0.005 USD per share, reflecting the company's commitment to shareholder returns [6].
Sound Group Inc. Announces Special Cash Dividend
Globenewswire· 2025-08-28 09:50
Core Viewpoint - Sound Group Inc. has announced a special cash dividend of US$0.005 per ordinary share, amounting to approximately US$4 million in total, reflecting the company's strong financial performance and commitment to shareholders [1][2][3]. Financial Summary - The total cash distribution for the dividend will be around US$4 million, with payments expected on or around September 30, 2025 [2]. - The dividend will be US$0.005 per ordinary share or US$1.00 per American Depositary Share (ADS) [1]. Company Insights - The CEO of Sound Group emphasized the company's solid financial performance and commitment to rewarding shareholders, highlighting the resilience of its business model and focus on operational excellence [3]. - Sound Group aims to build the world's largest audio platform, enhancing human connection through audio [4].
Sound Group Inc. Reports First Half of 2025 Unaudited Financial Results
Globenewswire· 2025-08-28 09:45
Core Viewpoint - Sound Group Inc. reported strong revenue growth and a return to profitability for the first half of 2025, driven by strategic execution and expansion in its audio entertainment and AI product offerings [3][4]. Financial Highlights - Total revenues reached RMB1,357.7 million (US$189.5 million), a 47% increase from RMB924.0 million in the same period of 2024 [4][7]. - Net profit was approximately RMB67.6 million (US$9.4 million), a significant improvement from a net loss of RMB36.5 million in the same period last year [7][15]. - Gross profit increased to RMB392.1 million (US$54.7 million), representing a 59% increase from RMB246.3 million in the same period of 2024 [6][41]. - Gross margin improved to 29%, compared to 27% for the same period in 2024 [6][8]. Operational Performance - Cost of revenues was RMB965.6 million (US$134.8 million), a 42% increase from RMB677.6 million in the same period of 2024, primarily due to increased revenue sharing fees and payment handling costs [5][8]. - Operating income was RMB63.2 million (US$8.8 million), compared to an operating loss of RMB44.3 million in the same period of 2024 [12][41]. - Average total mobile monthly active users (MAUs) for the first half of 2025 was 30.4 million, down from 35.7 million in the same period of 2024 [7]. Shareholder Returns - The company announced a US$4 million share repurchase program and a special cash dividend of US$0.005 per ordinary share, or US$1 per ADS, to be paid around September 30, 2025 [21][22]. Strategic Initiatives - The company is focusing on enhancing user engagement through enriched interactive experiences and expanding its audio entertainment content ecosystem [3]. - Ongoing international AI initiatives are expected to contribute to revenue growth, leveraging advanced AI technologies to improve operational efficiency [3].
Skechers Named Title Sponsor of World Champions Cup; Shriners Children's Announced as Official Charity Partner; Feather Sound Country Club in Clearwater, Florida to host 2025 tournament
Prnewswire· 2025-08-18 17:58
Core Points - The Skechers World Champions Cup supporting Shriners Children's will take place from December 4-7, 2025, in Clearwater, Florida, with Skechers as the Title Sponsor and Shriners Children's as the Official Charity Partner [1][2][4] - The tournament is inspired by the Ryder Cup and Presidents Cup, featuring Team USA, Team International, and Team Europe competing for international pride and bragging rights [2][11] - The inaugural event in 2023 was successful, with Team USA winning by just two points over Team International [9] Company Involvement - Skechers, known as The Comfort Technology Company®, aims to enhance the golf experience through innovative products and engaging fan experiences at the tournament [4][12] - Shriners Children's will benefit from the event and will host the Shriners Children's Celebrity Classic, furthering its mission in pediatric specialty care [5][6][13] Event Details - The tournament will be held at Feather Sound Country Club, a challenging par-72 course, recognized as one of the top private clubs in the Tampa Bay area [6][15] - The competition format includes three days of nine-hole matches, with points awarded for each hole won across 24 matches [10][11] - Coverage of the event will be provided by ABC and ESPN, with specific air dates on December 4, 5, and 7 [8][10]
Sound Point Meridian Capital Term Preferred Stock
Seeking Alpha· 2025-08-18 14:00
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
Barrick Mining: Stock Performance To Benefit From Sound Strategies
Seeking Alpha· 2025-08-02 10:20
Group 1 - Barrick Mining has multiple positive factors that could drive the stock to outperform over the next year or two [1] - The stock is reasonably valued, indicating potential for upside as the company continues to grow [1] - The focus is on growth and momentum stocks that are reasonably priced and likely to outperform the market in the long term [1] Group 2 - The article emphasizes the importance of investing in high-quality growth stocks [1] - Historical context is provided, noting that the S&P 500 increased by 367% and the Nasdaq by 685% from 2009 through 2019 following strategic investment advice [1]