SunCar Technology Group ( (SDA) ) has issued an announcement.
SunCar Technology Group Inc. has released its unaudited condensed consolidated financial statements for the nine months ended September 30, 2024. The report indicates a growth in total assets from $223,235,000 as of December 31, 2023, to $252,055,000 as of September 30, 2024, driven primarily by an increase in accounts receivable and prepaid expenses. However, the company also reported a comprehensive loss due to accumulated deficits, which highlights ongoing financial challenges. This financial update provides stakeholders with vital insights into the company’s current financial health and future outlook.
More about SunCar Technology Group
YTD Price Performance: 12.65%
Average Trading Volume: 428,741
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.05B
Learn more about SDA stock on TipRanks’ Stock Analysis page.