one excerpt of their P&amp;L does not equal &quot;excerpts from their financial accounts&quot; (plural). And again, it&#x27;s from 2014.<p>For all we know Soundcloud was profitable last year. Maybe it&#x27;s not likely.. but the article has no information at all on last year, yet they feel comfortable making this statement.<p>The auditor statement is standard boilerplate. It applies to every company that is losing money. That&#x27;s right -- if the company is losing money, they may need to raise money in the future to continue. No kidding.