Welcome to our dedicated page for Sound Group news (Ticker: SOGP), a resource for investors and traders seeking the latest updates and insights on Sound Group stock.
Sound Group Inc. (SOGP) delivers innovative audio-centric social experiences through its global platforms. This news hub provides investors and stakeholders with essential updates about the company's strategic initiatives, financial performance, and market position.
Access official press releases covering earnings reports, technology developments, partnership announcements, and corporate governance updates. Our curated collection serves as a reliable resource for tracking SOGP's progress in merging social networking with audio entertainment.
Discover updates across key operational areas including product launches, market expansion efforts, and technological innovations in digital audio streaming. All content is sourced from verified corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for convenient access to SOGP's latest developments. Check regularly for updates that could impact your understanding of the company's position in the competitive digital entertainment landscape.
Sound Group (NASDAQ: SOGP), a global audio-centric social and entertainment company, has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024. The filing was submitted to the Securities and Exchange Commission (SEC) on April 29, 2025.
The annual report includes the company's audited consolidated statements and can be accessed through:
- The SEC website at http://www.sec.gov
- Sound Group's investor relations website at https://ir.soundgroupinc.com
Shareholders and ADS holders can request a free hard copy of the annual report by:
- Emailing: ir@soundgroupinc.com
- Contacting the Investor Relations Department at Sound Group's Singapore office: 108 Robinson Road, #09-01 Singapore 068900
Sound Group Inc. (NASDAQ: SOGP) reported its unaudited financial results for H1 2024. Net revenues decreased to RMB924.0 million (US$127.1 million) from RMB1,223.8 million in H1 2023. The company recorded a net loss of RMB36.5 million (US$5.0 million), compared to a net income of RMB59.9 million in the same period last year.
Average mobile MAUs declined to 35.7 million from 47.6 million year-over-year. Gross margin decreased to 27% from 30%. The company continued its share repurchase program, having repurchased shares worth US$1.4 million out of the authorized US$3.0 million. As of June 30, 2024, SOGP had cash and cash equivalents of RMB464.9 million (US$64.0 million).
Sound Group (NASDAQ: SOGP) has successfully regained compliance with Nasdaq's periodic filing requirement under Listing Rule 5250(c)(1), as confirmed by Nasdaq on November 1, 2024. The notification marks the closure of this compliance matter, ensuring the company's continued listing on the Nasdaq Stock Market.
Sound Group Inc. (NASDAQ: SOGP), a global audio-centric social and entertainment company previously known as LIZHI INC., has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2023. The report was filed with the SEC on October 31, 2024. The annual report, containing audited consolidated statements, is accessible on both the SEC's website and the Company's investor relations website. The Company offers to provide shareholders and ADS holders with free hard copies of the annual report upon request.
Sound Group, formerly known as LIZHI, has appointed Enrome as its independent registered public accounting firm for the fiscal year ending December 31, 2023. This decision, effective July 9, 2024, follows approval by the Company's audit committee. Enrome succeeds PricewaterhouseCoopers Zhong Tian, who will collaborate with Sound Group and Enrome to ensure a smooth transition.
Sound Group is a NASDAQ-listed (SOGP) global audio-centric social and entertainment company based in Singapore.
Sound Group (NASDAQ: SOGP) announced on May 21, 2024, that it received a notice from NASDAQ regarding non-compliance with listing rules due to late filing of its annual report on Form 20-F for the fiscal year ending December 31, 2023. The company has 60 days from the notice date (May 17, 2024) to submit a compliance plan. If accepted, NASDAQ may grant an extension until November 11, 2024. The notice does not immediately affect the company's NASDAQ listing. This disclosure follows NASDAQ's rule requiring prompt notification of deficiencies.
FAQ
What is the current stock price of Sound Group (SOGP)?
What is the market cap of Sound Group (SOGP)?
