Sonder (NASDAQ: SOND) is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 40 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all.
Company profile
Ticker
SOND
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Gores Metropoulos II, Inc., Sonder Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Hospitalité Sonder Canada Inc. • Sonder Canada Inc. • Sonder Group Holdings LLC • Sonder Holdings LLC • Sonder Holiday Homes LLC • Sonder Hospitality UK Ltd • Sonder Hospitality USA Inc • Sonder Italy S.r.l. • Sonder Stay Mexico • Sonder Technology Inc. ...
IRS number
852097088
SOND stock data
Latest filings (excl ownership)
8-K
Sonder Holdings Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
5 Apr 24
NT 10-K
Notice of late annual filing
15 Mar 24
8-K
Results of Operations and Financial Condition
15 Mar 24
8-K
Cost Associated with Exit or Disposal Activities
20 Feb 24
8-K
Sonder Holdings Inc. Appoints Tom Buoy as Executive Vice President and Chief Commercial Officer
11 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Results of Operations and Financial Condition
14 Nov 23
NT 10-Q
Notice of late quarterly filing
9 Nov 23
8-K
Entry into a Material Definitive Agreement
9 Nov 23
8-K
Sonder Holdings Inc. Appoints Adam K. Bowen as Chief Accounting Officer
3 Oct 23
Transcripts
SOND
Earnings call transcript
2023 Q3
14 Nov 23
SOND
Earnings call transcript
2023 Q2
9 Aug 23
SOND
Earnings call transcript
2023 Q1
10 May 23
SOND
Earnings call transcript
2022 Q4
1 Mar 23
SOND
Earnings call transcript
2022 Q3
12 Nov 22
SOND
Earnings call transcript
2022 Q2
10 Aug 22
SOND
Earnings call transcript
2022 Q1
12 May 22
SOND
Earnings call transcript
2021 Q4
10 Mar 22
Latest ownership filings
SC 13G/A
Atreides Management, LP
14 Feb 24
SC 13G/A
Sonder / Sonder ownership change
9 Feb 24
SC 13G/A
FMR LLC
9 Feb 24
SC 13G/A
Spark Capital IV, L.P.
6 Feb 24
4
Sanjay D Banker
2 Jan 24
4
Adam Bowen
6 Dec 23
4
Adam Bowen
28 Nov 23
4
Prashant Aggarwal
24 Oct 23
3
Adam Bowen
11 Oct 23
4
Simon Turner
2 Oct 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 207.23 mm | 207.23 mm | 207.23 mm | 207.23 mm | 207.23 mm | 207.23 mm |
Cash burn (monthly) | 4.09 mm | 9.27 mm | 21.30 mm | 21.44 mm | 4.39 mm | 8.25 mm |
Cash used (since last report) | 27.35 mm | 61.93 mm | 142.32 mm | 143.26 mm | 29.32 mm | 55.10 mm |
Cash remaining | 179.88 mm | 145.30 mm | 64.91 mm | 63.97 mm | 177.91 mm | 152.13 mm |
Runway (months of cash) | 43.9 | 15.7 | 3.0 | 3.0 | 40.5 | 18.4 |
Institutional ownership, Q2 2023
58.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 30 |
Opened positions | 21 |
Closed positions | 75 |
Increased positions | 1 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 295.10 mm |
Total shares | 6.50 mm |
Total puts | 0.00 |
Total calls | 185.00 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
LMR Partners | 2.39 mm | $83.62 mm |
Ionic Capital Management | 985.00 k | $34.48 mm |
Walleye Capital | 724.65 k | $25.36 mm |
Saba Capital Management | 531.11 k | $17.21 mm |
Cowen And | 455.64 k | $15.95 mm |
Moore Capital Management | 200.00 k | $6.00 mm |
TD Asset Management | 180.00 k | $5.40 mm |
Silver Rock Financial | 160.00 k | $5.60 mm |
Senator Investment | 150.00 k | $79.58 mm |
Davidson Kempner Capital Management | 142.41 k | $4.24 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jan 24 | Sanjay D Banker | Common Stock | Option exercise | Acquire M | No | No | 0 | 4,200 | 0.00 | 4,200 |
1 Jan 24 | Sanjay D Banker | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 4,200 | 0.00 | 8,398 |
6 Dec 23 | Adam Bowen | Common Stock | Buy | Acquire P | No | No | 2.89 | 10,000 | 28.90 k | 30,000 |
27 Nov 23 | Adam Bowen | Common Stock Employee stock option (right to buy) | Grant | Acquire A | No | No | 3.4 | 45,000 | 153.00 k | 45,000 |
22 Oct 23 | Aggarwal Prashant | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,822 | 0.00 | 2,822 |
22 Oct 23 | Aggarwal Prashant | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,822 | 0.00 | 5,643 |
News
12 Consumer Discretionary Stocks Moving In Friday's Intraday Session
19 Apr 24
11 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
17 Apr 24
12 Consumer Discretionary Stocks Moving In Monday's Intraday Session
15 Apr 24
12 Consumer Discretionary Stocks Moving In Friday's Intraday Session
12 Apr 24
Sonder Holdings Inc. Receives Notification Of Deficiency From Nasdaq Related To Delayed Filing Of Annual Report On Form 10-K
5 Apr 24
Press releases
ROSEN, THE FIRST FILING FIRM, Encourages Sonder Holdings Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SOND
19 Apr 24
SOND Investors Have Opportunity to Lead Sonder Holdings Inc. Securities Fraud Lawsuit
19 Apr 24
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sonder Holdings Inc. (SOND)
18 Apr 24
SOND Class Action Alert: Robbins LLP Reminds Stockholders of the Lead Plaintiff Deadline in the Class Action Against Sonder Holdings Inc.
17 Apr 24
INVESTOR DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Sonder Holdings Inc. with Losses to Contact the Firm
17 Apr 24