SunCar Technology Group (SDA) Financials

$2.69 -0.14 (-4.95%)

Closing price 04:00 PM Eastern

Extended Trading

$2.82 +0.13 (+4.80%)

As of 07:58 PM Eastern

Annual Income Statements for SunCar Technology Group

This table shows SunCar Technology Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Income / (Loss) Attributable to Common Shareholders	-43	-27	-6.67	-24
Consolidated Net Income / (Loss)	-64	-18	-12	-18
Net Income / (Loss) Continuing Operations	-43	-18	-11	9.59
Total Pre-Tax Income	-62	-15	-11	11
Total Operating Income	-58	-15	-13	10
Total Gross Profit	442	518	398	342
Total Revenue	442	727	565	498
Operating Revenue	442	727	565	498
Total Cost of Revenue	0.00	210	167	157
Total Operating Expenses	482	549	423	321
Selling, General & Admin Expense	482	422	349	262
Total Other Income / (Expense), net	-0.29	0.46	1.90	0.17
Other Income / (Expense), net	-0.29	-0.06	1.46	-0.59
Income Tax Expense	2.85	2.57	0.23	0.94
Basic Earnings per Share	($0.72)	($0.31)	($0.08)	($0.29)
Weighted Average Basic Shares Outstanding	96.00M	85.44M	81.60M	81.60M
Diluted Earnings per Share	($0.72)	-	-	-
Weighted Average Diluted Shares Outstanding	96.00M	89.71M	-	-
Weighted Average Basic & Diluted Shares Outstanding	98.51M	89.71M	-	-

No quarterly income statements for SunCar Technology Group are available.

This table details how cash moves in and out of SunCar Technology Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Change in Cash & Equivalents	-4.08	9.68	-14	-44
Net Cash From Operating Activities	12	-28	-16	-26
Net Cash From Continuing Operating Activities	12	-28	-16	-19
Net Income / (Loss) Continuing Operations	-64	-18	-11	9.59
Consolidated Net Income / (Loss)	-64	-18	-12	-18
Net Income / (Loss) Discontinued Operations	0.00	0.00	-0.99	-28
Depreciation Expense	4.50	4.11	5.08	4.06
Amortization Expense	0.78	0.75	0.62	0.00
Non-Cash Adjustments To Reconcile Net Income	68	8.31	29	1.84
Changes in Operating Assets and Liabilities, net	3.36	-23	-40	-35
Net Cash From Discontinued Operating Activities	0.00	0.00	-0.05	-6.46
Net Cash From Investing Activities	-12	-2.39	-5.92	-21
Net Cash From Continuing Investing Activities	-12	-2.39	-5.40	-20
Purchase of Property, Plant & Equipment	-12	-4.93	-4.35	-1.28
Purchase of Investments	-22	-0.52	0.00	-9.84
Sale of Property, Plant & Equipment	0.04	0.05	0.00	0.00
Sale and/or Maturity of Investments	22	4.72	0.15	0.00
Net Cash From Discontinued Investing Activities	0.00	0.00	-0.52	-0.59
Net Cash From Financing Activities	-2.95	40	11	-0.07
Net Cash From Continuing Financing Activities	-2.95	40	11	-1.19
Repayment of Debt	-105	-104	-111	-70
Repurchase of Common Equity	-4.13	-2.59	-0.51	-1.18
Issuance of Debt	106	105	122	77
Issuance of Common Equity	0.00	40	0.00	0.00
Other Financing Activities, net	0.00	2.28	0.00	0.00
Net Cash From Discontinued Financing Activities	0.00	0.00	0.00	1.12
Cash Interest Paid	3.67	2.58	3.78	3.09
Cash Income Taxes Paid	1.47	0.00	2.46	3.47

No quarterly cash flow statements for SunCar Technology Group are available.

This table presents SunCar Technology Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	247	223	192
Total Current Assets	196	175	145
Cash & Equivalents	27	31	21
Restricted Cash	2.65	2.74	2.72
Short-Term Investments	21	22	27
Accounts Receivable	76	56	86
Prepaid Expenses	70	64	9.27
Plant, Property, & Equipment, net	0.00	22	18
Total Noncurrent Assets	50	26	28
Long-Term Investments	0.27	0.28	0.29
Intangible Assets	28	-	-
Noncurrent Deferred & Refundable Income Taxes	10	12	13
Other Noncurrent Operating Assets	12	13	15
Total Liabilities & Shareholders' Equity	247	223	192
Total Liabilities	180	155	155
Total Current Liabilities	157	124	155
Short-Term Debt	84	83	75
Accounts Payable	63	27	24
Current Deferred Revenue	2.42	3.05	3.57
Current Deferred & Payable Income Tax Liabilities	1.36	1.36	2.04
Other Current Liabilities	6.78	5.50	46
Total Noncurrent Liabilities	24	31	0.00
Other Noncurrent Operating Liabilities	24	31	0.00
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	66	68	37
Total Preferred & Common Equity	12	16	-5.28
Total Common Equity	12	16	-5.28
Common Stock	209	144	96
Retained Earnings	-195	-127	-100
Accumulated Other Comprehensive Income / (Loss)	-1.43	-1.37	-1.48
Noncontrolling Interest	54	52	42

No quarterly balance sheets for SunCar Technology Group are available.

This table displays calculated financial ratios and metrics derived from SunCar Technology Group's official financial filings.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Growth Metrics	-	-	-	-
Revenue Growth	21.49%	28.80%	13.31%	0.00%
EBITDA Growth	-375.55%	-96.70%	-139.19%	0.00%
EBIT Growth	-264.48%	-39.68%	-213.76%	0.00%
NOPAT Growth	-277.46%	-22.94%	-193.30%	0.00%
Net Income Growth	-266.65%	-47.74%	34.22%	0.00%
EPS Growth	-132.26%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	142.82%	-71.28%	36.86%	0.00%
Free Cash Flow Firm Growth	2.90%	34.24%	0.00%	0.00%
Invested Capital Growth	3.68%	57.46%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	100.00%	71.20%	70.47%	68.53%
EBITDA Margin	-12.08%	-1.46%	-0.96%	2.77%
Operating Margin	-13.21%	-2.13%	-2.23%	2.08%
EBIT Margin	-13.27%	-2.13%	-1.97%	1.96%
Profit (Net Income) Margin	-14.59%	-2.42%	-2.11%	-3.63%
Tax Burden Percent	104.63%	117.14%	111.48%	-171.79%
Interest Burden Percent	105.03%	96.66%	96.03%	107.77%
Effective Tax Rate	0.00%	0.00%	0.00%	8.91%
Return on Invested Capital (ROIC)	-41.99%	-13.86%	-29.02%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-120.15%	-40.11%	-54.92%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-54.05%	-19.70%	-35.69%	0.00%
Return on Equity (ROE)	-96.04%	-33.56%	-64.71%	0.00%
Cash Return on Invested Capital (CROIC)	-45.60%	-58.49%	-229.02%	0.00%
Operating Return on Assets (OROA)	-24.96%	-7.48%	-5.79%	0.00%
Return on Assets (ROA)	-27.43%	-8.47%	-6.20%	0.00%
Return on Common Equity (ROCE)	-20.01%	-3.46%	9.30%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-541.99%	-109.34%	225.19%	0.00%
Net Operating Profit after Tax (NOPAT)	-41	-11	-8.80	9.44
NOPAT Margin	-9.25%	-1.49%	-1.56%	1.89%
Net Nonoperating Expense Percent (NNEP)	78.17%	26.26%	25.90%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-27.27%	-	-	-
Cost of Revenue to Revenue	0.00%	28.80%	29.53%	31.47%
SG&A Expenses to Revenue	109.00%	58.04%	61.83%	52.57%
R&D to Revenue	0.00%	1.94%	1.50%	0.73%
Operating Expenses to Revenue	109.00%	75.45%	74.92%	64.38%
Earnings before Interest and Taxes (EBIT)	-59	-16	-11	9.77
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-53	-11	-5.42	14
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	72.79	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.96	0.00	0.00	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	9.62	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.16	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	80.47	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	1.26	1.22	2.03	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00
Financial Leverage	0.45	0.49	0.65	0.00
Leverage Ratio	3.50	3.96	5.22	0.00
Compound Leverage Factor	3.68	3.83	5.01	0.00
Debt to Total Capital	55.79%	54.98%	67.00%	0.00%
Short-Term Debt to Total Capital	55.79%	54.98%	67.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	36.27%	34.37%	37.75%	0.00%
Common Equity to Total Capital	7.94%	10.65%	-4.74%	0.00%
Debt to EBITDA	-1.57	-7.79	-13.78	0.00
Net Debt to EBITDA	-0.62	-2.59	-4.41	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00
Debt to NOPAT	-2.05	-7.67	-8.48	0.00
Net Debt to NOPAT	-0.80	-2.55	-2.71	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00
Altman Z-Score	2.97	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	79.16%	89.70%	114.37%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	1.25	1.41	0.94	0.00
Quick Ratio	0.79	0.87	0.86	0.00
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	-44	-46	-69	0.00
Operating Cash Flow to CapEx	97.31%	-567.32%	-371.04%	-1,991.20%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-
Asset Turnover	1.88	3.50	2.94	0.00
Accounts Receivable Turnover	6.71	10.27	6.60	0.00
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	35.52	30.55	0.00
Accounts Payable Turnover	0.00	8.24	6.89	0.00
Days Sales Outstanding (DSO)	54.37	35.54	55.33	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	44.28	52.96	0.00
Cash Conversion Cycle (CCC)	54.37	-8.74	2.37	0.00
Capital & Investment Metrics	-	-	-	-
Invested Capital	99	96	61	0.00
Invested Capital Turnover	4.54	9.31	18.62	0.00
Increase / (Decrease) in Invested Capital	3.51	35	61	0.00
Enterprise Value (EV)	953	0.00	0.00	0.00
Market Capitalization	866	0.00	0.00	0.00
Book Value per Share	$0.13	$0.19	($0.06)	$0.00
Tangible Book Value per Share	($0.18)	$0.19	($0.06)	$0.00
Total Capital	150	151	111	0.00
Total Debt	84	83	75	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00
Net Debt	33	28	24	0.00
Capital Expenditures (CapEx)	12	4.87	4.35	1.28
Debt-free, Cash-free Net Working Capital (DFCFNWC)	73	79	14	0.00
Debt-free Net Working Capital (DFNWC)	123	134	65	0.00
Net Working Capital (NWC)	40	51	-9.84	0.00
Net Nonoperating Expense (NNE)	24	6.76	3.10	28
Net Nonoperating Obligations (NNO)	33	28	24	0.00
Total Depreciation and Amortization (D&A)	5.28	4.87	5.70	4.06
Debt-free, Cash-free Net Working Capital to Revenue	16.43%	10.81%	2.54%	0.00%
Debt-free Net Working Capital to Revenue	27.86%	18.40%	11.47%	0.00%
Net Working Capital to Revenue	8.94%	6.98%	-1.74%	0.00%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	($0.72)	($0.31)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	96.00M	85.44M	0.00	0.00
Adjusted Diluted Earnings per Share	($0.72)	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	96.00M	89.71M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	98.51M	89.71M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-41	-11	-8.80	9.44
Normalized NOPAT Margin	-9.25%	-1.49%	-1.56%	1.89%
Pre Tax Income Margin	-13.94%	-2.06%	-1.89%	2.11%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	-36.59%
Augmented Payout Ratio	-6.41%	-14.72%	-4.29%	-43.14%

No quarterly metrics and ratios for SunCar Technology Group are available.

Frequently Asked Questions About SunCar Technology Group's Financials

When does SunCar Technology Group's financial year end?

According to the most recent income statement we have on file, SunCar Technology Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has SunCar Technology Group's net income changed over the last 3 years?

SunCar Technology Group's net income appears to be on an upward trend, with a most recent value of -$64.45 million in 2024, rising from -$18.09 million in 2021. The previous period was -$17.58 million in 2023. See where experts think SunCar Technology Group is headed by visiting SunCar Technology Group's forecast page.

What is SunCar Technology Group's operating income?

SunCar Technology Group's total operating income in 2024 was -$58.36 million, based on the following breakdown:

Total Gross Profit: $441.90 million
Total Operating Expenses: $481.68 million

How has SunCar Technology Group revenue changed over the last 3 years?

Over the last 3 years, SunCar Technology Group's total revenue changed from $498.47 million in 2021 to $441.90 million in 2024, a change of -11.3%.

How much debt does SunCar Technology Group have?

SunCar Technology Group's total liabilities were at $180.49 million at the end of 2024, a 16.3% increase from 2023, and a 16.3% increase since 2022.

How much cash does SunCar Technology Group have?

In the past 2 years, SunCar Technology Group's cash and equivalents has ranged from $21.20 million in 2022 to $30.85 million in 2023, and is currently $26.87 million as of their latest financial filing in 2024.

How has SunCar Technology Group's book value per share changed over the last 3 years?

Over the last 3 years, SunCar Technology Group's book value per share changed from 0.00 in 2021 to 0.13 in 2024, a change of 13.3%.

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This page (NASDAQ:SDA) was last updated on 5/29/2025 by MarketBeat.com Staff

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SunCar Technology Group (SDA) Financials

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SunCar Technology Group (SDA) Financials

Annual Income Statements for SunCar Technology Group

Quarterly Income Statements for SunCar Technology Group

Annual Cash Flow Statements for SunCar Technology Group

Quarterly Cash Flow Statements for SunCar Technology Group

Annual Balance Sheets for SunCar Technology Group

Quarterly Balance Sheets for SunCar Technology Group

Annual Metrics And Ratios for SunCar Technology Group

Quarterly Metrics And Ratios for SunCar Technology Group

Frequently Asked Questions About SunCar Technology Group's Financials

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