SunCar Technology Group
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. SunCar Technology Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 29% to $363,746,000. Profit margin reached -7%. Total operating expenses were $57,151,000.

Profit Margin

SunCar Technology Group Inc. (NASDAQ:SDA): Profit margin
2020 238.92M -9.77M -4.09%
2021 249.23M -18.09M -7.26%
2022 282.41M -6.66M -2.36%
2023 363.74M -26.91M -7.4%

SDA Income Statement (2020 – 2023)

2023 2022 2021 2020
Revenue
Revenue
363.74M282.41M249.23M238.92M
Cost of revenue
322.05M232.29M212.07M211.44M
Gross profit
41.68M50.12M37.16M27.47M
Operating exp.
Research and development
14.11M8.47M3.65M5.02M
Selling and marketing
20.57M16.47M12.73M6.83M
Total operating expenses
57.15M62.69M26.80M19.64M
Operating income
-15.46M-12.57M10.35M7.83M
Other income (expenses), net
455K5.56M3.21M540K
Income before tax
-15.00M-10.67M10.53M8.37M
Income tax expense
2.57M231K938K1.75M
Net income
-26.91M-6.66M-18.09M-9.77M
Earnings per share
Basic EPS
-0.31-0.02-2.39-1.29
Diluted EPS
-0.31-0.02-2.39-1.29
Data sourceData source