SunCar Technology Group Inc.
SunCar Technology Group Inc. (SDA) Financial Performance & Income Statement Overview
Explore the financials of SunCar Technology Group Inc. (SDA), including yearly and quarterly data on income, cash flow, and balance sheets.
SunCar Technology Group Inc. (SDA) Income Statement & Financial Overview
Explore comprehensive income reports for SunCar Technology Group Inc. SDA, broken down by year and quarter.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $129.19M | $109.62M | $101.54M | $101.54M |
| Cost of Revenue | $231.59M | $51.22M | $89.38M | $89.38M |
| Gross Profit | -$102.40M | $58.40M | $12.16M | $12.16M |
| Gross Profit Ratio | -$0.79 | $0.53 | $0.12 | $0.12 |
| R&D Expenses | $6.62M | $1.42M | $16.10M | $16.10M |
| SG&A Expenses | -$109.03M | $56.74M | $25.37M | $25.37M |
| Operating Expenses | -$102.41M | $58.16M | $41.47M | $41.47M |
| Total Costs & Expenses | $129.19M | $109.38M | $130.85M | $130.85M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $1.07M | $1.16M | $0.00 | $0.00 |
| Depreciation & Amortization | $1.38M | $1.69M | $906500.00 | $906500.00 |
| EBITDA | $1.49M | $2.08M | -$28.40M | -$28.40M |
| EBITDA Ratio | $0.01 | $0.02 | -$0.28 | -$0.28 |
| Operating Income | $3000.00 | $245000.00 | -$29.31M | -$29.31M |
| Operating Income Ratio | $0.00 | $0.002 | -$0.29 | -$0.29 |
| Other Income/Expenses (Net) | -$961000.00 | -$1.01M | -$631000.00 | -$631000.00 |
| Income Before Tax | -$958000.00 | -$769000.00 | -$29.94M | -$29.94M |
| Income Before Tax Ratio | -$0.007 | -$0.007 | -$0.29 | -$0.29 |
| Income Tax Expense | $1.92M | $664000.00 | $133500.00 | $133500.00 |
| Net Income | -$3.92M | -$2.16M | -$31.29M | -$31.29M |
| Net Income Ratio | -$0.03 | -$0.02 | -$0.31 | -$0.31 |
| EPS | -$0.04 | -$0.02 | -$0.33 | -$0.33 |
| Diluted EPS | -$0.04 | -$0.02 | -$0.33 | -$0.33 |
| Weighted Avg Shares Outstanding | $98.31M | $98.34M | $93.66M | $93.66M |
| Weighted Avg Shares Outstanding (Diluted) | $98.31M | $98.34M | $93.66M | $93.66M |
Over the last four quarters, SunCar Technology Group Inc.'s revenue moved from $101.54M in Q1 2024 to $129.19M in Q4 2024. Operating income in Q4 2024 was $3000.00, with a strong operating margin of N/A. Despite fluctuations in R&D and SG&A expenses, EBITDA for SunCar Technology Group Inc. remained robust at $1.49M, reflecting operational efficiency. Net income dropped to -$3.92M, with an EPS of -$0.04. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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