SunCar Technology Group (SDA) Income Statement: Revenue & Earnings

SunCar Technology Group Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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SunCar Technology Group Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	441.90	363.75	282.41	249.24	238.93
Cost of Revenue	390.43	322.06	232.29	212.07	211.45
Gross Profit	51.46	41.69	50.12	37.16	27.48
Operating Expenses
Research & Development	40.24	14.11	8.48	3.65	5.03
Selling, General & Administrative	69.58	43.04	54.22	23.15	14.62
Operating Expenses	109.83	57.15	62.70	26.80	19.64
Operating Income	-58.36	-15.46	-12.58	10.36	7.83
Other Income/Expense
Interest Income	0.00	0.52	0.44	0.76	0.26
Interest Expense	4.53	4.44	3.66	-3.05	-2.10
Other Income/Expense	1.29	4.89	5.56	2.46	2.39
Income
Income Before Tax	-61.60	-15.01	-10.67	10.53	8.37
Income Tax Expense	2.85	2.57	0.23	0.94	1.75
Net Income	-68.66	-26.91	-6.67	-23.72	-12.99
Net Income - Continuous Operations	-64.45	-17.58	-10.91	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	-0.99	0.00	0.00
EBITDA	-51.79	-5.70	-1.32	14.41	9.45
EBIT	-57.07	-10.57	-7.02	10.36	7.83
Depreciation & Amortization	5.28	4.87	5.70	4.06	1.61
Earnings Per Share
Basic EPS	-1.00	-	-	-	-
Diluted EPS	-1.00	-	-	-	-
Basic Shares Outstanding	96.00	85.44	82.55	81.60	225.00
Diluted Shares Outstanding	96.00	85.44	82.55	81.60	225.00