Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data SunCar Technology Group Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2023
FY2023
FY2024
Revenue
249
282
364
442
Research and development
3.65
8.48
14.1
40.2
Selling and marketing
82
133
187
General and administrative
10.4
37.7
22.5
47
Operating income
10.4
-12.6
-15.5
-58.4
Interest expense
3.48
3.81
3.67
3.67
Interest income
0.76
0.44
0.52
0.78
Other non-operating income
0.17
1.9
0.46
-3.24
Pre-tax income
10.5
-10.7
-15
-61.6
Income tax
0.94
0.23
2.57
2.85
Income from continuing operations
3.94
-5.68
-26.9
-68.7
Net income
-23.7
-6.67
-26.9
-68.7
EBITDA
14.4
-7.5
-11.3
-53.9
EPS, basic
-0.29
-0.08
-0.31
-0.72
EPS, diluted
-0.29
-0.08
-0.31
-0.72
Shares, basic (weighted)
81.6
81.6
85.4
96
Shares, diluted (weighted)
81.6
81.6
85.4
96
Balance sheet
FY2021
FY2023
FY2023
FY2024
Cash and equivalents
34.5
21.2
30.9
26.9
Short-term investments
26.5
21.6
21
Receivables
85.6
56
75.6
Other current assets
9.27
64
70.2
Total current assets
145
175
196
Property, plant and equipment
18.5
22.5
27.7
Lease right-of-use assets
0.34
1.28
0.61
Long-term investments
0.29
0.28
0.27
Other non-current assets
14.4
12
11.5
Total assets
192
223
247
Accounts payable
26.6
56.8
Accrued liabilities
0.4
Deferred revenue
3.57
3.05
2.42
Short-term debt
74.7
83
83.6
Total current liabilities
155
124
157
Long-term debt
29.7
Lease liabilities
0.5
0.02
Total liabilities
155
155
180
Paid-in capital
95.8
144
209
Retained earnings
-99.6
-127
-195
Other comprehensive income
-1.48
-1.37
-1.43
Shareholders' equity
-5.28
16.1
11.9
Minority interests
42.1
51.9
54.3
Total equity
26.5
36.8
68
66.2
Total liabilities and equity
192
223
247
Cash flow statement
FY2021
FY2023
FY2023
FY2024
Net income
-18.1
-11.9
-17.6
-64.5
Depreciation and amortization
4.06
5.08
4.11
4.5
Stock-based compensation
1.6
9.78
62
Deferred income tax
-1.12
-1.95
0.7
1.24
Change in receivables
-35.1
-32.6
30.8
-22.7
Change in payables
13.6
-5.02
3.14
31.3
Cash from operations
-25.6
-16.1
-27.7
11.8
Capital expenditures
-1.28
-4.35
-4.93
-0.59
Purchases of investments
-9.84
-0.52
-21.6
Cash from investing
-20.7
-5.92
-2.39
-12.1
Stock issued
18.5
Share buybacks
-1.18
-0.51
-4.13
Cash from financing
-0.07
10.6
40.4
-2.95
Exchange rate effect
1.83
-2.57
-0.71
-0.83
Net change in cash
-44.5
-14
9.68
-4.08
Free cash flow
-26.9
-20.5
-32.6
11.3
Interest paid
3.09
3.78
3.67
3.67
Income taxes paid
3.47
2.46
2.58
1.47
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $0.52 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
-13.2%
Operating income / revenue.
EBITDA margin
-12.2%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-13.9%
Pre-tax income / revenue.
Net margin
-15.5%
Net income / revenue.
FCF margin
2.5%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
2.7%
Cash from operations / revenue.
Return on equity (ROE)
-491.0%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-29.2%
Net income / average total assets.
R&D / revenue
9.1%
Research and development expense / revenue.
Stock-based pay / revenue
14.0%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.1%
Capital expenditures / revenue.
D&A / revenue
1.0%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
21.5%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
21.0%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
-26.0%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
10.5%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
12.4%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
5.6%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.25x
Current assets / current liabilities.
Quick ratio
0.79x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.31x
(Cash + short-term investments) / current liabilities.
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.72
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$0.72
Net income per basic share, as reported (split-adjusted).
Revenue per share
$4.60
Revenue / diluted weighted shares.
FCF per share
$0.12
Free cash flow / diluted weighted shares.
Operating cash flow per share
$0.12
Cash from operations / diluted weighted shares.
Book value per share
$0.12
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Share buybacks / free cash flow, when free cash flow is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$55.4M
Share price x shares outstanding.
Enterprise value
$7.5M
Market cap + total debt - cash - short-term investments.
P/S
0.13x
Market cap / revenue.
P/B
4.66x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
4.66x
Market cap / tangible book value, when positive.
P/FCF
4.92x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
4.68x
Market cap / cash from operations, when positive.
EV/Sales
0.02x
Enterprise value / revenue.
EV/FCF
0.67x
Enterprise value / free cash flow, when both are positive.
FCF yield
20.3%
Free cash flow / market cap.
Earnings yield
-124.0%
Net income / market cap (the inverse of P/E).
Shareholder yield
7.5%
(Dividends paid + share buybacks) / market cap.
What was SunCar Technology Group Inc.'s revenue in fiscal 2024?
SunCar Technology Group Inc. reported revenue of $441.9M for fiscal 2024, 21.5% higher than the year before.
Was SunCar Technology Group Inc. profitable in fiscal 2024?
No. It reported a net loss of $68.7M.
How much free cash flow did SunCar Technology Group Inc. generate in fiscal 2024?
Cash from operations of $11.8M minus capital expenditures of $588.0K left free cash flow of $11.3M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.