SunCar Technology Group Inc.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $441.9M | $363.7M | $282.4M | $249.2M |
| Cost of Revenue | — | — | — | — |
| Gross Profit | — | — | — | — |
| Gross Margin | — | — | — | — |
| Operating Expenses | ||||
| Research & Development | $40.2M | $14.1M | $8.5M | $3.7M |
| SG&A Expense | $47.0M | $22.5M | $37.7M | $10.4M |
| Operating Income | $-58.4M | $-15.5M | $-12.6M | $10.4M |
| Operating Margin | -13.2% | -4.3% | -4.5% | 4.2% |
| Interest Expense | $3.7M | $3.7M | $3.8M | $3.5M |
| Pretax Income | $-61.6M | $-15.0M | $-10.7M | $10.5M |
| Income Tax Expense | $2.9M | $2.6M | $231.0K | $938.0K |
| Net Income | $-64.5M | $-17.6M | $-11.9M | $-18.1M |
| Net Margin | -14.6% | -4.8% | -4.2% | -7.3% |
| EPS (Basic) | $-0.72 | $-0.31 | $-0.08 | $-0.29 |
| EPS (Diluted) | $-0.72 | $-0.31 | $-0.08 | $-0.29 |
| Shares Outstanding (Basic) | 96.0M | 85.4M | 81.6M | 81.6M |
| Shares Outstanding (Diluted) | 96.0M | 85.4M | 81.6M | 81.6M |
| Dividends Per Share | — | — | — | — |