SENMIAO TECHNOLOGY LIMITED
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5M | $1.9M | $4.3M | $8.1M | $11.7M | $6.2M | $15.8M | $2.9M |
| Cost of Revenue | $1.3M | $1.3M | $3.4M | $6.6M | $6.5M | $2.0M | $12.3M | $1.8M |
| Gross Profit | $210.2K | $571.7K | $924.7K | $1.5M | $-2.1M | $204.8K | $3.4M | $738.9K |
| Gross Margin | 13.6% | 30.2% | 21.4% | 18.5% | -17.8% | 3.3% | 21.4% | 25.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.4M | $1.9M | $3.1M | $6.1M | $9.0M | $5.9M | $5.5M | $1.8M |
| Operating Income | $-2.9M | $-2.0M | $-4.4M | $-6.1M | $-11.6M | $-6.0M | $-5.6M | $-1.0M |
| Operating Margin | -186.8% | -104.9% | -101.3% | -76.0% | -98.5% | -97.5% | -35.5% | -35.7% |
| Interest Expense | — | — | $17.6K | — | $5.9K | $0 | $96.6K | $33.9K |
| Pretax Income | $-5.3M | $-1.9M | $-3.8M | $-3.8M | $-5.6M | $-7.5M | $-4.3M | $-1.1M |
| Income Tax Expense | — | — | $20.2K | — | $4.6K | $8.3K | $33.2K | $21.9K |
| Net Income | $-5.3M | $-3.7M | $-3.7M | $-3.1M | $-536.6K | $-10.4M | $-8.7M | $-4.5M |
| Net Margin | -340.9% | -196.5% | -84.9% | -38.5% | -4.6% | -168.0% | -55.0% | -155.8% |
| EPS (Basic) | $-1.97 | $-1.18 | $-0.14 | $-0.14 | $-0.03 | $-0.55 | — | $-0.06 |
| EPS (Diluted) | $-1.97 | $-1.18 | $-0.14 | $-0.14 | $-0.03 | $-0.55 | — | $-0.06 |
| Shares Outstanding (Basic) | 2.7M | 3.2M | 26.6M | 21.6M | 17.2M | 11.8M | 86.5M | 83.2M |
| Shares Outstanding (Diluted) | 2.7M | 3.2M | 26.6M | 21.6M | 17.2M | 11.8M | 86.5M | 83.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |