One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Auddia Inc.
AUUD · NCM · Technology · Software - Application
Current price
$1.00
52-week range
$0.82 - $19.77
Market cap
$5.80M
Balance sheet
Healthy
-37.95x Concerning
Net cash $9.52M. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
2 Risks
0 rewards · 2 risks
- Risk Return on equity was -142.0% last year — the company lost money on shareholders' equity.
- Risk Insider ownership is only 8.6% (peer median: 13.5%).
What this company does
Auddia Inc.
Auddia is a technology company with an app that uses artificial intelligence to let you listen to AM/FM radio without commercials. The company makes money primarily by charging a monthly subscription fee, which creates recurring revenue (a predictable stream of income that's likely to continue over time). Auddia's success depends on its ability to convince enough listeners to pay for an ad-free experience to become profitable.
How the company got here
Auddia started in 2012 as Clip Interactive, creating mobile apps for radio stations. In 2018, the company shifted its focus to artificial intelligence (AI), developing technology to analyze audio and remove commercials from live radio streams. [6] After going public on the Nasdaq stock exchange in 2021, it launched its main consumer app, faidr. [10] More recently, the company has changed its strategy again, moving away from charging listeners for subscriptions and instead focusing on services for music artists, and is currently in the process of merging with other technology firms to become a broader AI-focused holding company (a parent company that owns stakes in other companies). [1, 8, 16]
What it actually does
Auddia uses artificial intelligence (AI) to change the way people listen to AM/FM radio and podcasts. [2] Its main product is a free mobile app called faidr, which can remove commercials and DJ talk from radio station streams. [7] The company is also building a service to help new and independent musicians get their songs played on these same digital radio streams, giving them a new way to reach potential fans. [9] Auddia's technology is designed to identify different parts of an audio stream, like songs, ads, and talk, in real-time. [6]
Discovr Radio (for Artists and Labels)
This is the company's main focus for making money and represents a business-to-business (B2B) approach, where they sell to other businesses instead of directly to consumers. [16] Music artists and record labels pay Auddia a subscription fee to get their new songs guaranteed plays on the AM/FM radio streams within the faidr app. [7, 16] This service acts as a promotional tool, helping artists get exposure to mainstream radio listeners who are looking for new music. [9] In return for their fee, artists also get access to data and analytics (detailed information about performance) on who is listening to their songs. [21]
faidr Audio App (for Listeners)
This is the company's free mobile application that listeners use to hear AM/FM radio and podcasts. [2] Its key feature is using AI to remove advertisements, giving users an uninterrupted listening experience. [7] While this app used to be a paid subscription, it is now free to attract a large base of listeners. [2] This large audience makes the app valuable to the artists and labels who pay to have their music played on the Discovr Radio platform. [16] The company calls it an audio "superapp" because it aims to bring all types of audio content into one place. [22]
What management is betting on now
The company's biggest bet is a planned merger that will transform it into an AI holding company (a parent company that owns other companies) called McCarthy Finney, expanding into new areas like healthcare and data centers. [1, 8] This move is part of a major strategic shift away from charging consumers and towards a business-to-business (B2B) model that earns revenue (the money a company makes from its sales) from artists and labels. [16, 23] Management believes this new model, which provides music promotion as a service, is a more reliable way to grow the business. They are also focused on developing all their products with an "AI-first" approach to build features faster and more efficiently. [1]
Price history
How the share price has moved
—
Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$-1.17M
FY2024 Q4
$-1.29M
FY2025 Q2
$-1.07M
Revenue
$7.58K
Net income
$-2.98M
Diluted EPS
-0.71
Operating cash flow
$-2.51M
Free cash flow
—
Fetching…
Sources
Revenue
$0.00
Net income
$-2.28M
Diluted EPS
-5.09
Operating cash flow
$-2.28M
Free cash flow
—
Fetching…
Sources
Revenue
$0.00
Net income
$-1.99M
Diluted EPS
2.80
Operating cash flow
$-1.30M
Free cash flow
—
Fetching…
Sources
Revenue
$0.00
Net income
$-2.38M
Diluted EPS
-1.59
Operating cash flow
$-1.83M
Free cash flow
—
Fetching…
Sources
Revenue
$0.00
Net income
$-1.57M
Diluted EPS
-2.95
Operating cash flow
$-1.07M
Free cash flow
$-1.07M
Fetching…
Sources
Revenue
$0.00
Net income
$-1.75M
Diluted EPS
-3.86
Operating cash flow
$-1.44M
Free cash flow
—
Fetching…
Sources
Revenue
$0.00
Net income
$-2.26M
Diluted EPS
-0.05
Operating cash flow
$-1.29M
Free cash flow
$-1.29M
Fetching…
Sources
Revenue
$0.00
Net income
$-1.95M
Diluted EPS
-0.50
Operating cash flow
$-1.17M
Free cash flow
$-1.17M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $1.00
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $9.5M - more cash than debt. Interest coverage -38.0x.
Net debt
$-9.52M
Interest coverage
-37.95x
Auddia Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 5 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
AUUD
BASELINE
Auddia Inc.
Total debt $35.43K Interest coverage -37.95x This is the baseline the peer rows are being compared against.
Total debt $6.24M Interest coverage -1.32x Neither company has much profit cushion over interest right now.
Total debt $1.07M Interest coverage -71.74x Neither company has much profit cushion over interest right now.
Total debt $0.00 Interest coverage -143.42x Neither company has much profit cushion over interest right now.
Total debt $3.44M Interest coverage -7.73x Neither company has much profit cushion over interest right now.
Total debt $26.55M Interest coverage -11.33x Neither company has much profit cushion over interest right now.
What you should know
The case for and against AUUD
0 Rewards
2 Risks
Rewards
Risks
-
Return on equity was -142.0% last year — the company lost money on shareholders' equity.
-
Insider ownership is only 8.6% (peer median: 13.5%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
0.16x
Forward P/E
-0.53x
P/B
0.54x
P/S
765.17x
EV/EBITDA
0.49x
PEG ratio
—
Profitability
How much profit each dollar creates
Gross margin
0.0%
Operating margin
-34,176.4%
Net margin
0.0%
ROE
-142.0%
ROA
-63.7%
Health
Liquidity and balance-sheet strength
Debt / equity
0.00x
Current ratio
11.34x
Quick ratio
11.20x
Total debt
$35.43K
Total cash
$9.56M
Growth
How the business has been compounding
Revenue TTM
$7.58K
Revenue 5Y CAGR
—
EPS TTM
6.45
EPS 5Y CAGR
—
Cash flow
How much cash the business throws off
Operating CF TTM
$-7.91M
Free CF TTM
$-5.11M
FCF margin
-67,317.3%
Dividend
Shareholder payout
Yield
—
Payout ratio
0.0%
Last ex-div date
—