SunCar Net Income from 2010 to 2024

SDA Stock   10.19  0.24  2.30%   
SunCar Technology's Net Loss is decreasing over the years with slightly volatile fluctuation. Overall, Net Loss is projected to go to about -25.6 M this year. From 2010 to 2024 SunCar Technology Net Loss quarterly data regression line had arithmetic mean of (5,823,910) and significance of  0.0007. View All Fundamentals
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-26.9 M
Current Value
-25.6 M
Quarterly Volatility
9.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SunCar Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SunCar Technology's main balance sheet or income statement drivers, such as Total Other Income Expense Net of 432.2 K, Tax Provision of 1.5 M or Interest Income of 12.8 K, as well as many indicators such as Price To Sales Ratio of 2.16, Dividend Yield of 0.0 or PTB Ratio of 46.03. SunCar financial statements analysis is a perfect complement when working with SunCar Technology Valuation or Volatility modules.
  
Check out the analysis of SunCar Technology Correlation against competitors.

Latest SunCar Technology's Net Income Growth Pattern

Below is the plot of the Net Income of SunCar Technology Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in SunCar Technology financial statement analysis. It represents the amount of money remaining after all of SunCar Technology Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is SunCar Technology's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SunCar Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (26.91 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

SunCar Net Income Regression Statistics

Arithmetic Mean(5,823,910)
Coefficient Of Variation(167.76)
Mean Deviation7,719,047
Median(34,625)
Standard Deviation9,770,268
Sample Variance95.5T
Range26.9M
R-Value(0.78)
Mean Square Error40.9T
R-Squared0.60
Significance0.0007
Slope(1,695,004)
Total Sum of Squares1336.4T

SunCar Net Income History

2024-25.6 M
2023-26.9 M
2022-6.7 M
2021-18.1 M
2020-9.8 M

Other Fundumenentals of SunCar Technology

SunCar Technology Net Income component correlations

About SunCar Technology Financial Statements

SunCar Technology stakeholders use historical fundamental indicators, such as SunCar Technology's Net Income, to determine how well the company is positioned to perform in the future. Although SunCar Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in SunCar Technology's assets and liabilities are reflected in the revenues and expenses on SunCar Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SunCar Technology Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-26.9 M-25.6 M
Net Loss-17.6 M-16.7 M
Net Loss-7.7 M-8.1 M
Net Loss(0.31)(0.33)
Net Income Per E B T 1.79  1.88 

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When determining whether SunCar Technology is a strong investment it is important to analyze SunCar Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SunCar Technology's future performance. For an informed investment choice regarding SunCar Stock, refer to the following important reports:
Check out the analysis of SunCar Technology Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SunCar Technology. If investors know SunCar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.94)
Revenue Per Share
4.449
Quarterly Revenue Growth
0.274
Return On Assets
(0.20)
Return On Equity
(1.28)
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.