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SONDW| Name | Value |
|---|---|
| Revenues | 157.4M |
| Cost of Revenue | 93.2M |
| Gross Profit | 64.2M |
| Operating Expense | 106.2M |
| Operating I/L | -42.0M |
| Other Income/Expense | 3.0M |
| Interest Income | 6.2M |
| Pretax | -45.1M |
| Income Tax Expense | 0.2M |
| Net Income/Loss | -45.3M |
Sonder Holdings Inc. operates in the hospitality industry, providing short-term and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The company offers a range of accommodations including 1, 2, and 3 bedroom apartments, studio apartments, and 1-bedroom hotel rooms. As of September 30, 2021, Sonder had approximately 6,300 live units and around 10,000 additional contracted units. The company generates revenue by leasing these accommodations to travelers seeking alternatives to traditional hotels.
