SunCar Technology Group (SDA) Financials

$2.80 +0.07 (+2.56%)

Closing price 05/5/2025 04:00 PM Eastern

Extended Trading

$3.00 +0.20 (+7.29%)

As of 07:44 AM 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	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-24	-6.67	-27	-43
Consolidated Net Income / (Loss)	-18	-12	-18	-64
Net Income / (Loss) Continuing Operations	9.59	-11	-18	-43
Total Pre-Tax Income	11	-11	-15	-62
Total Operating Income	10	-13	-15	-58
Total Gross Profit	342	398	518	442
Total Revenue	498	565	727	442
Operating Revenue	498	565	727	442
Total Cost of Revenue	157	167	210	0.00
Total Operating Expenses	321	423	549	482
Selling, General & Admin Expense	262	349	422	482
Total Other Income / (Expense), net	0.17	1.90	0.46	-0.29
Other Income / (Expense), net	-0.59	1.46	-0.06	-0.29
Income Tax Expense	0.94	0.23	2.57	2.85
Basic Earnings per Share	($0.29)	($0.08)	($0.31)	($0.72)
Weighted Average Basic Shares Outstanding	81.60M	81.60M	85.44M	96.00M
Diluted Earnings per Share	-	-	-	($0.72)
Weighted Average Diluted Shares Outstanding	-	-	89.71M	96.00M
Weighted Average Basic & Diluted Shares Outstanding	-	-	89.71M	98.51M

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

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

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

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 5/6/2025 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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