Sonos (SONO) FY2024 results: revenue $1.5 billion, down 8.3% on the year
Sonos Inc. (SONO) reported revenue of $1.5 billion for fiscal 2024, the year ended 28 September 2024, down 8.3% on the year before. Net income was -$38 million, and diluted earnings per share $-0.31. The figures are the company's own, from the 10-K it filed with the SEC on 15 November 2024.
Revenue
$1.5 billion
-8.3% on the year
FY2017FY2024
Operating margin
-3.2%
-1.2% a year earlier
FY2017FY2024
Net income
-$38 million
FY2017FY2024
Diluted EPS
-$0.31
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
190
100
-28.3
+89.1%
Capital expenditure
55.2
50.3
46.2
+9.9%
Free cash flow
135
50.1
-74.5
+168.7%
Free cash flow margin
8.9%
3.0%
-4.3%
Cash from investing
-105
-50.3
-173
Cash from financing
-137
-109
-150
Depreciation and amortisation
52.4
49.0
38.5
+7.0%
Share-based compensation
84.3
76.9
75.6
+9.7%
Buybacks
129
100
150
+28.9%
Diluted shares, weighted
123m
128m
138m
-3.5%
Shares outstanding at period end
122m
125m
127m
-2.7%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
429
519
561
-17.4%
Debt
0.0
0.0
0.0
Operating lease liabilities
56.6
55.0
25.6
+3.0%
Other liabilities
431
429
602
+0.6%
Total liabilities and equity
916
1,002
1,188
-8.6%
Fixed assets
102
87.1
86.2
+17.3%
Goodwill
82.9
80.4
77.3
+3.0%
Intangible assets
88.0
90.0
91.1
-2.2%
Cash and equivalents
170
220
275
-22.9%
Receivables
44.5
67.6
101
-34.1%
Inventory
232
347
454
-33.2%
Other assets
198
110
104
+78.9%
Total assets
916
1,002
1,188
-8.6%
10-K for the year ended 28 September 2024, filed 15 November 2024: the filing.