SunCar Technology Group Inc. (SDA)

NASDAQ: SDA · Real-Time Price · USD
4.870
-0.400 (-7.59%)
Feb 21, 2025, 4:00 PM EST - Market closed
-7.59%
Market Cap 478.75M
Revenue (ttm) 425.99M
Net Income (ttm) -82.27M
Shares Out 98.31M
EPS (ttm) -0.87
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 294,518
Open 5.300
Previous Close 5.270
Day's Range 4.860 - 5.350
52-Week Range 4.150 - 11.740
Beta -0.11
Analysts n/a
Price Target n/a
Earnings Date Sep 16, 2024

About SDA

SunCar Technology Group Inc., through its subsidiaries, operates as a cloud-based provider of digitalized enterprise auto services and auto e-Insurance service in the People’s Republic of China. It offers one-stop, fully digitalized, and on-demand automotive service systems. The company provides customized service solutions to banks, insurance companies, telecommunication companies, new energy vehicle original equipment manufacturers, and others. It also provides car wash, oil change, tire repair, car beautification, road assistance, flight pic... [Read more]

Founded 2007
Employees 528
Stock Exchange NASDAQ
Ticker Symbol SDA
Full Company Profile

Financial Performance

In 2023, SunCar Technology Group's revenue was $363.75 million, an increase of 28.80% compared to the previous year's $282.41 million. Losses were -$26.91 million, 303.5% more than in 2022.

Financial Statements

News

SunCar Secures $1.93M Contract with China Construction Bank Hunan, Expanding National Banking Partnerships

NEW YORK , Feb. 20, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, to...

1 day ago - PRNewsWire

SunCar Expands Partnership with China Pacific Insurance, Adding Two Major Provinces to Service Network

NEW YORK , Feb. 19, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, to...

2 days ago - PRNewsWire

SunCar Technology Expands Major Partnership with Global EV Leader, Achieving 48-City Coverage

NEW YORK , Feb. 13, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, to...

8 days ago - PRNewsWire

SunCar Technology Group Integrates DeepSeek AI, Revolutionizing Automotive Service Intelligence

NEW YORK , Feb. 10, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, to...

11 days ago - PRNewsWire

SunCar Technology Group Announces Share Repurchase Program

NEW YORK , Feb. 7, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, tod...

14 days ago - PRNewsWire

SunCar Technology Group Announces Pricing of $50 Million Follow-On Public Offering of Class A Ordinary Shares

NEW YORK , Feb. 5, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today announced the ...

16 days ago - PRNewsWire

SunCar Technology Group Announces Follow-On Public Offering

NEW YORK , Feb. 4, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today announced a fi...

17 days ago - PRNewsWire

SunCar Technology Group Inc. Appoints Breaux Walker as Chief Strategy Officer

NEW YORK , Jan. 21, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, tod...

4 weeks ago - PRNewsWire

SunCar Joins China Auto Dealers Chamber of Commerce as Vice-Chairman Member, Expanding Market Potential

NEW YORK , Jan. 16, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA) ("SunCar" or the "Company"), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is...

5 weeks ago - PRNewsWire

SunCar Secures Exclusive $6.8 Million Contract for Walmart China's 2025 Sam's Club Premium Membership Car Wash Project Across 17 Cities

NEW YORK , Jan. 8, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA) ("SunCar" or the "Company"), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is ...

6 weeks ago - PRNewsWire

SunCar Wins Bid to Provide Concierge Transportation Services for Shanghai Rural Commercial Bank's Valued Clientele

NEW YORK , Dec. 18, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, is ...

2 months ago - PRNewsWire

SunCar Technology and Wuhan JIDU Join Forces to Revolutionize Auto Insurance with Nationwide Intelligent Platform

NEW YORK , Nov. 11, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, has entered into a strategic pa...

3 months ago - PRNewsWire

SunCar Technology Expands Strategic Partnership with Ping An Property & Casualty Across Key Provinces

New and Renewed Contracts Totaling 30 million RMB to Enhance Automotive Services Nationwide NEW YORK , Oct. 24, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA) ("SunCar" or the "Compan...

4 months ago - PRNewsWire

SunCar Technology Group Expands Multi-Platform Collaboration with ICBC Shaanxi Branch Through "Shaanxi Benefits" Platform

Drives Consumer Spending Over RMB 70 million (US$9.9 million) for ICBC Shaanxi Branch NEW YORK , Oct. 15, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), a...

4 months ago - PRNewsWire

SunCar Technology Group Inc. (SDA) Q2 2024 Earnings Call Transcript

SunCar Technology Group Inc. (NASDAQ:SDA) Q2 2024 Earnings Conference Call September 16, 2024 8:00 AM ET Company Participants Jennifer Jiang - Director of IR Zaichang Ye - Chairman and CEO Breaux Wal...

5 months ago - Seeking Alpha

SunCar Technology Reports 27% Revenue Growth, Including 55% Increase in Auto e-Insurance Business and Over 250% Increase in the Number of Electric Vehicle Insurance Policies in 1H 2024

Adjusted EBITDA Increased to $6.4 Million for the First Half of 2024 Conference Call and Webcast on September 16 th at 8 AM ET NEW YORK , Sept. 16, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (t...

5 months ago - PRNewsWire

SunCar Technology Group Inc. Schedules Earnings Conference Call for the First Half of Fiscal Year 2024 on Monday, September 16th at 8 a.m. ET

NEW YORK , Sept. 9, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, wi...

5 months ago - PRNewsWire

SunCar to Present at the Emerging Growth Conference on August 22, 2024

NEW YORK , Aug. 20, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce that th...

6 months ago - PRNewsWire

SunCar Technology Partners with SAIC Maxus for Enhanced Auto E-Insurance Solutions

Marks Expansion to Traditional Vehicle Dealerships NEW YORK , Aug. 20, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar"; NASDAQ: SDA), an innovative leader in cloud-based B2B auto services ...

6 months ago - PRNewsWire

Presenting on the Emerging Growth Conference 74 Day 1 on August 21 Register Now

MIAMI, Aug. 20, 2024 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 74th Emerging Growth Conference on August 21 – 22, 2024.

6 months ago - GlobeNewsWire

SunCar Expands Partnership with China Continent Insurance

NEW YORK , Aug. 1, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar"; NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announc...

7 months ago - PRNewsWire

SunCar Technology and Lotus Technology Forge Strategic Partnership to Enhance Insurance Services and Expand Sales Network

NEW YORK , July 23, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is p...

Other symbols: LOT
7 months ago - PRNewsWire

SunCar Technology Announces Two-Year Service Agreement with China Merchants Bank

NEW YORK, July 18, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pl...

7 months ago - PRNewsWire

SunCar Technology Wins Bid for China Construction Bank's Yunnan Branch Long Card Car Wash Service

SunCar to Leverage its Extensive Car Wash Service Network in the Region NEW YORK , July 9, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative lead...

8 months ago - PRNewsWire

SunCar Technology Group: Strong Partnerships, Good Business Model

SunCar has built an innovative cloud service and mobile app that digitalize the automotive aftermarket and eInsurance sectors in China. SunCar's cloud platform is critical to China's EV manufacturers ...

8 months ago - Seeking Alpha